Thursday, Quality Systems Inc. or QSI (QSII) announced that it has entered into an agreement to acquire Opus Healthcare Solutions, Inc. The acquisition complements and will be integrated with the assets of Sphere Health Systems, Inc., which were acquired in August 2009.
Both companies are established developers of software and services for the inpatient market and will become part of NextGen Healthcare Information Systems, Inc., QSI's wholly owned unit. The transactions are expected to be accretive in QSI's fiscal year 2011, ending March 31, 2011.
NextGen Healthcare will focus on providing solutions to hospitals with 100 beds or less, a marketplace that has been historically underserved and is in desperate need of state-of-the-art systems.
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