ChartOne Acquired by HealthPort - Burlington, MA

HealthPort, a provider of business management software for the healthcare industry, announced it has acquired its “closest competitor,” Burlington-based ChartOne. HealthPort said that, with the acquisition, it has combined revenues of more than $230 million and serves more than 8,000 healthcare facilities across the U.S. The company’s headquarters will be located in Alpharetta, Ga., and will be led by HealthPort CEO Michael Labedz. Members of the ChartOne management team will work with leadership to continue “business as usual while also ensuring a smooth transition for all of ChartOne’s employees and clients,” the company said. Terms between the two privately held firms were not disclosed.

http://www.chartone.com/press_releases.html