7 Medical Systems, a Minnesota digital health firm which provides cloud-based technology solutions for healthcare, has acquired Brazilian health IT firmManager Consultoria em Informatica.
The terms of the acquisition were not disclosed.
7 Medical System’s technology offerings include on-demand digital imaging, revenue cycle management and electronic medical records.Manager Consultoria em Informaticaprovides practice management, EMR, radiology information systems (RIS) and picture archiving and communication systems (PACS) to hospitals and clinics in Brazil. The company with its 21 employees will operate as a wholly-owned subsidiary of 7 Medical.
“With a population of nearly 200 million people, Brazil is one of the world’s fastest growing major economies,” said Jason Studsrud, chief executive officer of 7 Medical Systems in a news release. “Manager Systems was a great match for us because of the alignment in strategy, market focus and similar product and service offerings. Besides opening up new markets, Manager Systems will enable us to expand our clinical and technical workforce in a more cost-effective and productive way.”