As published in MOBI HEALTH NEWS, April 27, 2017
Souix Falls, South Dakota-based DocuTAP, which makes tablet-based EMR and practice management software, has acquired Atlanta-based Clockwise.MD, a maker of mobile appointment-booking software. The terms of the deal were not disclosed.
"DocuTAP shares our entrepreneurial approach and commitment to providing a better experience for patients and providers alike. We are pleased to join forces and integrate our products to reach more customers and serve more patients across healthcare markets," Mike Burke, founder and CEO of Clockwise.MD, said in a statement.
ClockWise.MD was founded in 2012 and raised one $2 million round, led by Martin Ventures . It managed to achieve a wide deployment: according to the companies, it's currently in use in more than 1,600 urgent care clinics, emergency departments, primary and specialty care clinics, lab facilities, and imaging centers to help support mobile appointment booking and wait time transparency. (Correction: A previous version of this article misstated Clockwise.MD's funding history.)
In a short post on the company's website, DocuTAP CEO Eric McDonald described the move -- his company's first acquisition -- as a way to bolster DocuTAP's patient engagement capabilities.
"Because Clockwise.MD has started to own the patient engagement space, and because their products and service are unbeatable, it made sense to unite the strength of two dynamic companies into one," McDonald wrote. "The result is a new and stronger DocuTAP with an expanded slate of products including Clockwise.MD’s patient engagement solutions Queue and Survey."
The company intends to incorporate Clockwise.MD's offerings into its own as well as continuing to develop both software suites.
"Patient-facing solutions are increasingly important in the on-demand healthcare space, but become that much more powerful when incorporated into the entire workflow," McDonald went on. "Both DocuTAP and Clockwise.MD will continue to improve our products while working together to make the pieces fit as one complete solution. For our customers, that means better, more efficient, more patient-centric solutions to make you more successful."
According to Argus Leader, Clockwise.MD will maintain its Atlanta office and all 30 of its employees will join DocuTAP.