OVERLAND PARK: Netsmart announced the acquisition of GPM, a North Carolina-based Software-as-a-Service technology and services company.

This acquisition extends the Netsmart CareFabric platform to deliver interoperable data sharing between long-term care facilities and the providers that treat and coordinate care for their residents.

“GPM is a great addition to the Netsmart family,” said Netsmart CEO Mike Valentine.

“The company was founded by geriatricians, which is evident in their collaborative approach to solving everyday efficiency challenges faced by mobile practitioners. This philosophy is a perfect cultural fit with Netsmart as we believe client partnerships lead to the best innovation and ultimately improve patient care.”

GPM was founded in 2012 and has partnered with physicians and long-term care specialists to develop solutions that address the unique workflows of providers serving the LTPAC market.

GPM will bring GEHRIMED, a community-based LTPAC mobile electronic health record (EHR) platform, and CareTeam, a care coordination and messaging platform whose capabilities will be enhanced by its integration into the CareFabric platform with digitized, real-time progress note delivery.

Integrating the CareTeam solution into the CareFabric platform will bridge the gaps in communication for on-site and off-site practitioners, creating a seamless workflow for providers and on-site teams.

This integration will enable better patient outcomes and population health insights through clinical record sharing, enhanced analytics and reporting.

“We value the expertise and knowledge their team brings to Netsmart,” said Valentine.

“We believe the mobile practitioner is central to providing quality care for patients regardless of care setting in the community – the pandemic has only accelerated this evolution. In the not so distant future, we see integrated care models involving physicians and other care givers in the home, community and residential settings becoming the new norm and this addition will accelerate our strategy to support our clients as they embrace this evolution.”

The addition of GPM capabilities into the already robust CareFabric platform enhances providers’ abilities to digitize their workflows that optimize their increasingly mobile service delivery models.

“We are thrilled to join the Netsmart team and work together to develop advanced technology that will better serve our providers and their patients,” said GPM General Manager Beth Reece.

“This is a force multiplier for both new and existing clients as we will now have the ability to improve care delivery through additional value-added offerings such as telehealth, billing, interoperability and analytics tools.”

Stephens Inc. acted as the exclusive strategic and financial advisor to GPM for this transaction.

GPM is a Software-as-a-Service technology and services company devoted to the support of the long-term/post-acute care (LTPAC) community. www.gpm.md  www.gehrimed.com www.careteamhub.com

Netsmart, a leading provider of Software-as-a-Service technology and services solutions, designs, builds and delivers electronic health records (EHRs), health information exchanges (HIEs), analytics and telehealth solutions and services that are powerful, intuitive and easy-to-use. www.ntst.com