Sanomedics, an international medical technology company, announced that it has expanded into the fast growing behavioral health sector with the strategic acquisition of Zen Charts.
Zen Charts is a developmental stage, Software as a Services (SaaS) provider, specialized in Electronic Health Records (EHR) focused on addiction treatment service and care centers.
"The strategic acquisition of Zen Charts will position Sanomedics to enter the nascent behavioral health sector where the number of treatment service and care centers count in the tens of thousands domestically," stated Keith Houlihan, President and Founder of Sanomedics.
"Zen Charts develops cutting edge, cloud-based electronic healthcare records that enable healthcare facilities to reduce costs, maximize profits, while eliminating errors and improving comprehensive care for patients."
"This acquisition marks an important milestone in the evolution of our growth strategy as this allows Sanomedics to target the $22.5 billion dollar EHR market according to Accenture. We view this as a very exciting development for Sanomedics and we are looking forward to commercializing the technology Zen Charts has developed," concluded Keith Houlihan.
Sanomedics is an international medical technology company focused on developing, manufacturing, and acquiring cutting-edge technology, products and services.
The Company operates mainly through its subsidiary, Thermomedics, which is dedicated to engineering, marketing and selling the Caregiver TouchFree Infrared thermometer. The Caregiver non-contact thermometer is FDA-cleared in the US for clinical use by medical professionals.
The Caregiver provides an accurate and expedited temperature reading without direct contact between patient and medical professional.