Vyne Medical, a Dunwoody, GA-based company operating in the healthcare industry for communication process management, acquired Extract Systems, a Madison, WI-based provider of advanced data extraction solutions.
The amount of the deal was not disclosed.
The combination of Vyne Medical and Extract Systems will further the companies’ shared vision of simplifying the flow of data in hospitals and health systems nationwide to improve patient and provider experiences.
Led by David Rasmussen, Chief Executive Officer and President, Extract Systems is a provider of data extraction solutions, specializing in automating the extraction of critical information from unstructured documents. With a focus on enhancing efficiency and accuracy in healthcare data management, it empowers organizations to improve valuable insights from diverse data sources, including medical records, invoices, and other documentation.
Led by Caleb Manscill, President, Vyne Medical specializes in end-to-end health information exchange and electronic healthcare communication management. Its technology platforms facilitate the electronic capture, storage, and submission of healthcare data in virtually any form, voice, fax, image, data, or electronic document.