Print
Health Care

Local Mental Health Software Company Acquired By Tech Company

By Jenny Callison, posted Jul 13, 2015
A local provider of software and back-office services to mental health organizations has been acquired by Kansas-based Mediware Information Systems, the latter announced in a news release.

AlphaCM, headquartered on Corporate Drive in Wilmington, was founded in 2005 to “fulfill an overwhelming need by Mental Health Providers for Quality Management Consulting and Technical Services,” the company states on its website. Its management system is tailored to the needs of organizations in the mental health, developmentally disabilities and substance abuse sector, aimed at increasing those organizations’ productivity.

A majority of managed care organizations (MCOs) in North Carolina are currently using AlphaCM software, according to a news release from SDR Ventures, which served as AlphaCM’s adviser through the purchase transaction.

Mediware’s executive said the addition of AlphaCM to his company's portfolio expands its capabilities across a continuum of care.

“This acquisition broadens Mediware’s solution set and subject matter expertise in the mental health, developmentally disabled and substance abuse markets. AlphaCM’s expertise is a great complement to Harmony, our existing long term services and supports business unit,” said Thomas Mann, president and CEO of Mediware. “We’re thankful that SDR Ventures presented this unique opportunity to us, and we’re excited to expand on the technology and relationships that AlphaCM has built.”

Mann said that, as the demand to provide care outside the hospital grows, "MCOs will be able to turn to AlphaCM and Mediware's complementary software solutions to meet their needs. Combining AlphaCM's proven solutions and expertise with our sales and marketing platform, we expect growth for both AlphaCM and Mediware's existing products."
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign2

The Importance of Real Estate Appraisals

Steve Mitchell - Cape Fear REALTORS®
Jordain 422430214

Why Messing Up is Essential for Business and How to Do it More

Jordan Cain - APPROVE
Georgiarowe

Salling and Tate Dentistry Launches Annual "Gunner’s Runners" Shoe Collection Event, Aiming to Surpass Last Year's Success

Georgia Rowe - Wide Open Tech

Trending News

YMCA Eyes Growth With Plans For New, Expanded Facilities

Emma Dill - Apr 23, 2024

Burns, Redenbaugh Promoted At Coastal Horizons

Staff Reports - Apr 23, 2024

Cold Storage Developer Sets Near-port Facility Completion Date

Audrey Elsberry - Apr 24, 2024

Wilmington Financial Firm Transitions To Wells Fargo's Independent Brokerage Arm

Audrey Elsberry - Apr 24, 2024

Krug Joins Infinity Acupuncture

Staff Reports - Apr 23, 2024

In The Current Issue

Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....


Bootstrapping A Remote Option

Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...


Surf City Embarks On Park’s Construction

“Our little town, especially the mainland area, is growing by leaps and bounds. So having somewhere else besides the beach for kids to go an...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season