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Netsmart Technologies Acquires Pharmacy Management Software Company
Date:7/15/2009

GREAT RIVER, N.Y., July 15 /PRNewswire/ -- Netsmart Technologies, Inc., a leading provider of software and services for health and human services organizations, today announced the acquisition of Crown Software, Inc., a pharmacy management software company based in Killeen, Texas. Terms of the agreement were not disclosed.

The acquisition of Crown provides Netsmart with a pharmacy management software solution, RxConnect, that will be integrated with Netsmart's behavioral and public health enterprise software products or used as a stand-alone pharmacy solution and integrated with an existing medication management system.

RxConnect provides pharmacists software with a user-friendly interface to safely and effectively manage medications; facility administrators with effective pharmacy management and tracking tools; and information technology staff with easy-to-manage stand-alone or integrated software.

"This acquisition addresses a need by both a segment of our current customer base and future customers for closed loop medication and integration," said James L. Conway, chief executive officer, Netsmart Technologies. "Our customers who operate pharmacies will be able to use RxConnect to integrate pharmacy management with their electronic health record (EHR), computerized physician order entry (CPOE), electronic medication administration records (eMAR) and electronic medical record (EMR) capabilities provided by their Netsmart enterprise software. Significantly, this integrated solution can help our customers meet the 'meaningful use' requirements for funding eligibility under the American Recovery and Reinvestment Act of 2009 (ARRA), which include medication management and electronic prescribing requirements."

As one example, Netsmart Avatar customers will be able to use RxConnect software in conjunction with their Avatar software to receive create a medication order via Avatar Order Entry and send it to the pharmacy for processing by RxConnect, with the information then integrated into Avatar eMAR for medication administration.

In addition to being integrated with Netsmart's products for behavioral and public health, the software will continue to be sold to primary care facilities and small hospital pharmacies under the brand RxLink. Customer support will continue uninterrupted for RxLink's more than 134 current customer sites.

The pharmacy management software solution was developed by Crown Software founder and CEO Bill King, who is a Registered Pharmacist. King will join Netsmart and continued to be involved in ongoing development of the product.

"The acquisition by Netsmart, a large, healthcare-focused technology company, provides the resources needed to continue to grow the software's scope and capabilities," said King.

About Netsmart Technologies, Inc.

Netsmart Technologies is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customer organizations, including 350,000 care providers and nearly 40 state systems, use Netsmart products to help improve the quality of life for millions of people each year.

Netsmart's customers include mental health and substance abuse treatment agencies, psychiatric hospitals, private and group mental health practices, public health departments, vital records offices and managed care organizations. Netsmart's products are full-featured information systems that operate on a variety of operating systems, hardware platforms, and mobile devices, and offer unlimited scalability.

Netsmart's Connected Care initiative allows behavioral and public healthcare providers to share clinical data electronically within their internal processes, externally with other providers, and with consumers via a Web-based portal, enabling high quality, consumer-directed care.

With the certification of its Avatar 2006 software, Netsmart became the first behavioral healthcare, public health, substance abuse and methadone software and services provider to have a product certified according to the Commission's Ambulatory EHR 2006 criteria.

For information about Netsmart Technologies' full range of solutions for health and human services organizations, visit www.ntst.com or call 1-800-421-7503, Option 6.


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SOURCE Netsmart Technologies, Inc.
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