XIFIN, a San Diego developer of cloud-based financial software for the healthcare sector, has acquired
PathCentral, an Irvine, Calif.-based firm that makes software for pathologists.
Financial terms of the deal weren't disclosed.
“The acquisition of PathCentral expands our technology platform and advances XIFIN's vision of the open, secure exchange of diagnostic financial and clinical information,” XIFIN CEO Lāle White said in a news release.
“The acquisition also advances XIFIN's ability to support the convergence of diagnostics between the laboratory, anatomic pathology, radiology and other diagnostic service providers to improve health outcomes and lower the costs of healthcare management.”
XIFIN, which makes revenue-cycle
software, will take over PathCentral's clients including Johns Hopkins, Massachusetts General Hospital, Penn Medicine and University of Southern California.
“This acquisition is central to XIFIN's strategy to provide diagnostic information exchange and end-to-end connectivity between providers, payers, physicians and patients to facilitate clinical decision support and physician collaboration for emerging coordinated care models,” XIFIN Chief Marketing Officer Bill Taylor said.Follow Ashok Selvam on Twitter: @MH_aselvam