Medstreaming buys West Lebanon software developer
NH’s M2S provides healthcare quality software
Medstreaming, a Redmond, Wash.-based developer of healthcare cardiovascular and radiology workflow software, has announced the acquisition of M2S of West Lebanon, NH, a developer of registry software technology designed for healthcare quality improvement.
Medstreaming said the combined organizations will service over 1,750 enterprise hospitals and physician practices internationally.
Wael Elseaidy, Medstreaming’s co-founder and CEO said the firm plans to integrate its Graphic Fusion Workflow into M2S registry applications to create a more user-friendly data sharing ecosystem. The goal is to create a governed global data platform for disease management through which providers, patients, clinical researchers, medical device and pharmaceutical companies, and regulators can leverage the same platform.
Through collaboration within a single platform, all healthcare stakeholders will benefit as the ecosystem matures and the data set grows over time, he said.
“With over 20 years’ combined experience dedicated to the development of disruptive healthcare technologies, we will leverage the talent of both organizations to better serve our customers,” said Greg Lange, M2S CEO.
Berkery, Noyes & Co. LLC served as exclusive financial advisor to M2S and KeyBank Capital Markets served as exclusive financial advisor to Medstreaming.