PE-backed Consolo acquires ADS Data Systems
Summary
Since launching the company in March 2004, Consolo has become a leading player in the EHR and Revenue Cycle Management segment of the hospice and palliative care markets.Consolo’s integrated clinical (EHR) and financial (RCM) offering has been immediately embraced by hospices and palliative care providers looking for an affordable, cloud-based solution that is easy to use and resides on a single database.ADS will continue to operate out of the existing office in Stevenson, MD, and the full management team and staff will remain with the business in their current roles.From the start, Consolo has always leveraged its single-instance multi-tenant database cloud solution which has accelerated development efforts and allowed for cutting-edge clinical tools and industry-standardized data.ADS Data Systems provides affordable software solutions for community-based health service agencies (adult day care) enabling them to standardize and automate day-to-day tasks to increase efficiencies, ensure compliance and enhance profitability.