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January 15 2014

AmkaiSolutions Acquired By Surgical Information Systems

Company Description

Amkai, LLC (“AmkaiSolutions”) provides administrative, clinical and financial software solutions specifically tailored for the Ambulatory Surgery Center (“ASC”) and surgical hospital markets.  Its suite of software solutions form an integrated and complete business intelligence and management solution that orchestrates the back-office administration, EMR / clinical operations, and full complement of revenue-cycle management processes. The Company provides its software solutions to single specialty clinics, large multi-specialty ambulatory surgery center chains as well as surgical hospitals.

With the increased regulatory pressures and EMR incentive programs, healthcare providers in the ASC and specialty hospital market continue to incorporate electronic medical records into their practices to more effectively manage patient data at the point of care. Given the unique client demands, physician usage, and specialist interaction required within the outpatient market, software vendors are required to provide more specialized and tailored solutions to accommodate the specific challenges of the outpatient working environment and workflow. With a purpose-built solution designed for the challenges of the ASC and specialty hospital markets, AmkaiSolutions provides its customers with a next-generation information management solution that incorporates the markets most-flexible product design and data/analytics functionality.

Objectives

AmkaiSolutions engaged TripleTree as its exclusive financial advisor to help evaluate and assess the Company’s strategic options. With impressive and steady growth as well as a proven ability to consistently win business against its competition, AmkaiSolutions sought a partner with a shared vision of growth and market transformation.  In addition, it was very important to AmkaiSolutions to find a partner with the ability to support the Company’s aggressive future organic and strategic growth initiatives.

Results

After assessing several highly qualified candidates, AmkaiSolutions settled on Surgical Information Systems (“SIS”), a Norwest Equity Partners portfolio company, as the Company’s ideal partner. SIS is a healthcare company focused on delivering software solutions throughout the entire perioperative process. The Company provides information and document management solutions, business and clinical analytics as well as scheduling and workflow management. SIS distinguished itself throughout the process as a result of its background and experience in the outpatient market and its partnership-centric approach to interacting and working with AmkaiSolutions’ executive leadership.

Company Description

Amkai, LLC (“AmkaiSolutions”) provides administrative, clinical and financial software solutions specifically tailored for the Ambulatory Surgery Center (“ASC”) and surgical hospital markets.  Its suite of software solutions form an integrated and complete business intelligence and management solution that orchestrates the back-office administration, EMR / clinical operations, and full complement of revenue-cycle management processes. The Company provides its software solutions to single specialty clinics, large multi-specialty ambulatory surgery center chains as well as surgical hospitals.

With the increased regulatory pressures and EMR incentive programs, healthcare providers in the ASC and specialty hospital market continue to incorporate electronic medical records into their practices to more effectively manage patient data at the point of care. Given the unique client demands, physician usage, and specialist interaction required within the outpatient market, software vendors are required to provide more specialized and tailored solutions to accommodate the specific challenges of the outpatient working environment and workflow. With a purpose-built solution designed for the challenges of the ASC and specialty hospital markets, AmkaiSolutions provides its customers with a next-generation information management solution that incorporates the markets most-flexible product design and data/analytics functionality.

Objectives

AmkaiSolutions engaged TripleTree as its exclusive financial advisor to help evaluate and assess the Company’s strategic options. With impressive and steady growth as well as a proven ability to consistently win business against its competition, AmkaiSolutions sought a partner with a shared vision of growth and market transformation.  In addition, it was very important to AmkaiSolutions to find a partner with the ability to support the Company’s aggressive future organic and strategic growth initiatives.

Results

After assessing several highly qualified candidates, AmkaiSolutions settled on Surgical Information Systems (“SIS”), a Norwest Equity Partners portfolio company, as the Company’s ideal partner. SIS is a healthcare company focused on delivering software solutions throughout the entire perioperative process. The Company provides information and document management solutions, business and clinical analytics as well as scheduling and workflow management. SIS distinguished itself throughout the process as a result of its background and experience in the outpatient market and its partnership-centric approach to interacting and working with AmkaiSolutions’ executive leadership.