Prime Care Technologies, Inc. Acquires CareCentric’s Long Term Care Managed Hosting Services

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With this acquisition, Prime Care Technologies significantly expands its customer base and IT engineering and infrastructure.

Prime Care Technologies, Inc. (PCT), a privately-owned and operated Duluth, GA-based national provider of cloud computing services, announced that it has completed the acquisition of Atlanta, GA-based CareCentric’s IT managed hosting services and assets, effective April 1, 2011. This transaction will create a true success story for PCT and CareCentric, their IT outsourcing customers, and their partners.

The combined IT assets give PCT the expanded capacity and resources to deliver exceptional cloud computing services and solutions. According to Jim Hoey, PCT’s President, CEO, and Founder, the acquisition is a natural fit. “From the beginning, PCT’s growth strategy has included not only organic growth through our direct marketing and sales efforts, strategic ISV partnerships, and the development of new product lines and affiliated businesses, such as Procurement Partners, LLC, and ProClaim Partners, LLC, but also acquisition where that makes sense. In this case, taking this next step in PCT’s growth makes great business sense.”

Same data center
Coincidently, both PCT’s and CareCentric’s primary hosting services are located in Quality Technology Services SAS 70 Type II Tier 3+ data center in Suwanee, GA. The Suwanee facility represents the latest in cutting-edge technology and construction with over 376,000 square feet of data center and office space in the north suburbs of Atlanta. The logistics of transitioning CareCentric’s assets, key IT staff, and customers over to PCT will be seamlessly executed, according to Gene Weiland, PCT’s Vice President of Technology Services. “Our team will ensure that its customers will experience continuity of services and support during this transition period.”

Same services
PCT and CareCentric have provided managed IT services and support for years to long term care, home health, and hospice services providers nationwide. “We would not have been in the position to take advantage of this opportunity without the hard work of each member of our PCT team. It’s through our experience and expertise in LTC and our solid reputation as a provider of IT services that CareCentric felt confident that this transaction would be a win-win for all parties involved,” said Mr. Hoey.

PCT assumed the CareCentric IT outsourcing operation and expects the transition to be transparent to all clients. “Over the next few weeks, we will be working with these new clients to introduce ourselves, answer any questions and welcome these new members to PCT’s customer family,” stated Keith Farley, PCT’s Vice President of Business Development.

About Prime Care Technologies
Prime Care Technologies delivers high performance cloud-based computing services to give businesses the agility, efficiency, and power to reduce unnecessary labor costs, increase revenues, improve cash flow, and ensure compliance. These services include secure and reliable hosting of mission-critical applications; managed hosting services; PCT’s Business Intelligence (BI) and Analytics reporting tool, primeVIEWTM; Enterprise-level Middleware Integration Solution (proprietary); Help Desk services; Microsoft SharePoint; Email, hard drive, and USB encryption; hosted applicant tracking, time and attendance, payroll, and human resources solutions; automated procurement services – Procurement Partners; automated claims and revenue cycle management tools – ProClaim Partners; business continuity, high availability, and disaster recovery services; asset and desktop management; VoIP, wired and wireless network consulting services; hardware, software, and telecommunications procurement services; server, desktop, and application virtualization; and web application performance accelerator and end-to-end WAN optimization. With cloud computing technologies, PCT's customers are able to leverage computer resources anytime from anywhere.

PCT works with Health Care Providers, including, acute care, skilled nursing, assisted living, physician practices, home health, and hospice care; Fortune 1000 Companies in finance, retail, manufacturing, and telecommunications; and the Public Sector, including public education and local government. For more information, please visit: http://www.primecaretech.com.

Procurement Partners, LLC, delivers an integrated procurement automation, spend management, and reporting solution, connecting multiple facilities, satellite locations, and branch offices to their carefully selected and negotiated vendors, products, pricing, delivery terms, and service providers. Procurement Partners delivers efficiency, flexibility and customization to each buyer entity to support their partner selection, the business rules negotiated with each partner, their internal G/L structure, and their purchasing chain of command with cutting-edge technology at the most competitive price - an unbeatable value for all partners involved. For more information, please visit: http://www.ProcurementPartners.com.

ProClaim Partners, LLC, offers revenue cycle and claims management solutions to health care providers nationwide. Payers rely on the ProClaim products and services to improve efficiency and reduce the cost of HIPAA transaction processing. At the core of its offering is its revolutionary enterprise-level middleware integration solution which allows health plans to offer secure electronic claims submission capabilities to all member hospitals and practices. Providers use the ProClaim comprehensive user-friendly desktop portal to manage their claims throughout the submission process, with functions for loading, reviewing, and editing claims online. For more information, please visit:
http://www.ProClaimPartners.com.

About CareCentric    
CareCentric is a healthcare solutions company that has offered industry-leading software and services to post-acute care providers for over 40 years. The state-of-the-art business solutions offered are designed to facilitate operational, financial, and benchmarking aspects of the healthcare industry, from patient assessments and referrals to reimbursement and compliance. These solutions help reduce operating costs, improve patient outcomes and enhance workflow. For more information, please visit: http://www.carecentric.com.

Copyright© 2011 Prime Care Technologies, Inc. All Rights Reserved. Prime Care Technologies, Inc. and the Prime Care Technologies logo are registered trademarks of Prime Care Technologies, Inc. in the USA. All other trademarks, trade names, or company names referenced herein are used for identification only and are the property of their respective owners.

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Keith Farley
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