EBM Solutions, a Nashville, Tenn.-based producer of evidence-based physician guidelines, says it will be able to integrate its products into clinical information systems for disease management because of its purchase of software developer Help4Life.
Terms of the deal between EBM Solutions--a partnership of Vanderbilt University Medical Center and five other academic institutions--and the privately held Help4Life were not disclosed, though EBM Solutions says it has secured additional working capital by issuing preferred stock as part of the transaction.
Eric Thraikill, president and chief operating officer of EBM Solutions, says the acquisition will allow the guidelines publisher to offer its products "in new ways," such as through clinical information systems.
According to Thraikill, "It is very important to provide evidence-based medicine in the format (healthcare providers and patients) want." He says that the Web-based technology of Help4Life allows EBM Solutions to deliver its decision support information to existing systems.
The technology also may permit EBM Solutions to partner with disease management companies to develop maintenance protocols for patient with chronic illnesses.
"Longer-term, this will allow us to implement what we call self-care disease management programs," Thraikill says.