Brightree Acquires Pacware

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Acquisition adds 800 HME/DME customers and Pacware’s team of experienced industry professionals to the Brightree family.

By combining the resources, talent and industry knowledge of Brightree and Pacware, we will better address the greatest business challenges of a broader group of successful providers

Brightree LLC, the leading provider of business management software solutions for the HME/DME market, has acquired Pacware Software Development Inc., a full-service software and consulting provider. Under the terms of the agreement, Pacware president Byron Maynard will join the Brightree management team as the executive vice president responsible for the Pacware solution.

“Acquiring Pacware adds a significant customer base of 800 providers and an exceptional team of industry experts to Brightree,” said Dave Cormack, president and CEO of Brightree. “In a climate of declining reimbursement rates and increased audit pressures, providers require advanced software and services solutions that enable them to operate more efficiently, increase cash flow, and achieve greater profitability. By combining the resources, talent and industry knowledge of Brightree and Pacware, we will better address the greatest business challenges of a broader group of successful providers.”

According to Maynard, “By joining forces with Brightree, we are helping our customers benefit from Brightree’s financially strong business, deep investments in advanced technology, and dedication to superior customer service. I believe this is the right move for our customers and the industry as a whole.”

In addition to growing its customer base to more than 2,000 providers, Brightree will leverage Pacware’s investments in capabilities such as advanced data conversion utilities for competitive software products in the market. These capabilities will assist Brightree in its efforts to simplify and expedite the implementation process for its customers. Pacware’s California headquarters will also give Brightree a regional office presence on the west coast to better serve customers.

Brightree will continue to provide development, support and services for the Pacware solutions that are currently being supported. Pacware customers should continue to contact their current Pacware representatives.

For more information about the acquisition, visit http://www.brightree.com/pacware.

About Brightree
Brightree LLC is the leading provider of business management software solutions for Home Medical Equipment (HME) providers, Durable Medical Equipment (DME) providers, Orthotics & Prosthetics (O&P) practitioners, and Sleep Labs. Brightree’s unique Internet-based solutions follow the natural workflow of providers to automate and improve how they manage their business. Brightree is the only business management software solution endorsed by Invacare Corporation as well as the VGM member service organization. Brightree serves more than 1,400 providers in the USA. For further information, visit http://www.brightree.com or call 1.888.598.7797, ext. 5.

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Peter K. Herbert
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