HealthPort offers safe harbor in a choppy sea of medical information. The company develops software used to manage hospitals and medical practice operations, electronic medical records, and insurance claims. Its auditing health data auditing application is known as AudaPro. HealthPort's software is used to cut operational costs and guard against unauthorized disclosure of confidential data. It also provides release of information services, and it offers network design and implementation, training, consulting, and technical support. The company serves health care facilities nationwide, including hospitals, health systems, and independent physician practices. HealthPort is owned private equity firm ABRY Partners.
Instead of buying other businesses in recent years, HealthPort has used divestitures to refocus on its core services and software products. The company sold its solution services division to CompuGroup Medical for $18 million in cash in 2011. The sale included its electronic health record, practice management, and revenue cycle management product lines overseen by the company's Columbia, South Carolina office. The previous year HealthPort sold its healthcare consulting services unit to TrustHCS, and the company sold its document management services division to EDCO Group in 2008.
Formerly called Companion Technologies, the company was a subsidiary of Blue Cross & Blue Shield of South Carolina until private investors led by ABRY Partners acquired it in 2007. After the acquisition Companion made a purchase of its own, buying and merging with Smart Document Solutions (SDS); following that transaction the company was renamed HealthPort. – less
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