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HEALTHCARE | Medical Equipment & Supplies
onlyfastrack.com

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Stage

Acquired | Acquired

Total Raised

$6.98M

About Fastrack Healthcare Systems

Fastrack Healthcare Systems is a home medical equipment (HME) and home infusion therapy software solutions company. As a Home Healthcare industry provider of software solutions, supporting the HME, Homecare Pharmacy and Home Healthcare Agency arenas, the company delivers products and related services that exceed customer's expectations.In June 2013, Fastrack Healthcare Systems was acquired by Mediware. The valuation of Fastrack Healthcare Systems was undisclosed. Other terms of the deal were not released.

Fastrack Healthcare Systems Headquarter Location

255 Executive Drive Suite 210

Plainview, New York, 11803,

United States

519-349-9136

Latest Fastrack Healthcare Systems News

Mediware Buys Fastrack Healthcare

Jun 19, 2013

Financial terms weren’t announced. Mediware is a portfolio company of Thoma Bravo. Fastrack Healthcare is a home medical equipment (HME) and home infusion therapy software solutions company. PRESS RELEASE LENEXA, KS June 18, 2013 – Mediware Information Systems, Inc. announced today that it has acquired Fastrack Healthcare Systems, Inc., a home medical equipment (HME) and home infusion therapy software solutions company. Mediware acquired more than 300 new customers and the related expertise, products, services and contracts of Fastrack. Mediware plans to combine the Fastrack business with its existing Alternate Care Solutions business line. Mediware has operated in the HME, home infusion therapy and home health nursing software sector by building a portfolio of homecare solutions through acquisitions that began in 2008. Acquiring Fastrack expands Mediware’s already substantial position in the homecare market. “Mediware software now supports more than 700 customers who deliver home infusion, HME, specialty pharmacy and home health nursing services to patients with chronic illnesses throughout the United States,” said Thomas Mann, Mediware’s president and chief executive officer. “This transaction continues our strategy of extending Mediware’s expertise into specialized acute, sub-acute and community-based settings that are forecasted to experience growth over the next decade,” Mann continued. “Increasingly, homecare providers look to our solutions to drive down costs and to prepare their businesses for growth spurred by health reform and the aging population.”   Spencer Kay, chief executive officer at Fastrack, adds: “We see the acquisition of Fastrack, a pioneer in HME and home infusion therapy software, as a positive transaction for customers. Mediware is committed to investment, customer service support and innovation in interoperability, which means future expansion opportunities and added stability for Fastrack customers.”   About Mediware Mediware was founded in 1970 and began offering software solutions in 1980 to help providers excel in high-growth, complex patient care environments that remain underserved by existing vendors. The company employs more than 400 subject matter experts who deeply understand business and care processes in highly specialized acute, non-acute and community-based care settings and have years of experience integrating systems. Mediware’s portfolio of solutions currently includes blood services, cellular therapy, medication management, physical rehabilitation, respiratory therapy, behavioral health and home care. For more information about Mediware products and services, visit our website at www.mediware.com. © 2015 Buyouts Insider / Argosy Group LLC

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Expert Collections containing Fastrack Healthcare Systems

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Fastrack Healthcare Systems is included in 1 Expert Collection, including Pharma Supply Chain.

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Pharma Supply Chain

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