COLUMBIA, SC—Companion Technologies, a healthcare information company, has acquired Alpharetta, GA-based SDS (Smart Document Solutions), which specializes in document management, healthcare consulting and other medical services. Fiancial details were not disclosed.

Companion Technologies, based in Columbia, South Carolina, plans to merge with SDS. It offers physician practice management sofware, electronic medical record (EMR), and revenue cycle management solutions.

The company was acquired by ABRY Partners and the Thurston Group in December 2006.

Patrick J. Haynes III, chair of the combined companies said, “both companies have a critical mass of healthcare customers including over 1,200 hospitals; 27,000 physicians; and combined revenue of over $165 million.”

Mike Labedz, President of Companion Technologies said, “This union makes it possible for us to offer an entire suite of solutions that balances our existing technologies, improves business processes, and helps healthcare organizations connect the paper of today with the EHR of tomorrow.”

The company will be renamed HealthPort after SDS’s well-known line of products. However, both SDS and Companion Technologies will continue to operate under their respective names for a short period before the name change is complete.

Frank Murphy, CEO and President of SDS and Mike Labedz, President of Companion Technologies, will continue to oversee their respective divisions.
For more see: www.companiontechnologies.com

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