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Healthcare Business News

Md. clinical documentation provider sold to Canadian company

By Modern Healthcare
Posted: December 5, 2012 - 3:00 pm ET

Salar, a Baltimore-based provider of electronic physician documentation and billing tools, has been purchased by a subsidiary of Toronto-based Constellation Software.

The acquisition marks Constellation HomeBuilder Systems' entrance into the healthcare market, according to a Constellation Software news release. Further details about the terms of the deal were unavailable at deadline.

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"We are excited to help hospitals achieve their goals of improved bottom lines and patient safety by using Salar's clinical documentation and charge-capture tools," CHS President Dexter Salna said in the release.

Salar was sold in August 2011 to Transcend Services for $11 million in a cash-for-stock transaction.

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