Yardi Acquires Assisted Living Software Provider ALMSA Corporation


SANTA BARBARA, CALIF., Jan. 5, 2012 – Yardi announced today that it has acquired ALMSA Corporation, which provides electronic health record (EHR) and electronic medication administration record (eMAR) software and services for assisted living and long-term care communities.
ALMSA’s platform includes assessment and care planning, financial analysis and risk mitigation. The company’s eMAR solution features interfaces that streamline communication between communities and national and regional pharmacies.
“Integration between Yardi and ALMSA’s advanced bi-directional eMAR solution has been in place for several years. With a single-platform solution, users of the Yardi Voyager Senior Housing suite of products will achieve even greater operational efficiency. Furthermore, the convergence of ALMSA and Yardi will help guide the industry’s transition to EHR,” said Eric Kolber, vice president of senior housing for Yardi.
“Combining ALMSA’s industry-leading EHR platform with Yardi will create the long-term care industry’s first end-to-end, Web-based financial and EHR package, including mobile applications,” said Bill Southerland, CEO and president of ALMSA. “We will continue the relationships that ALMSA has established with pharmacies across the country that have adopted our eMAR solution. We will also expand with new opportunities.”
ALMSA will maintain all key personnel and its office in Eagle, Idaho.

About ALMSA Corporation

ALMSA Corporation, based in Eagle, Idaho, was founded in 2002 by a team of long-term care professionals with more than 100 years of combined experience in the industry. ALMSA’s vision is to enhance profitability and oversight of a variety of community environments by utilizing a highly adaptable and accessible Web-based health platform to move community management and health operations into the digital world. Our platform is used in hundreds of communities and pharmacies across the U.S. and we are a recognized leader in customer support and advanced technology that is accessible to all users. For more information, visit www.almsahealth.com.

About Yardi

Yardi Systems has been committed to the design, development and support of innovative software solutions for nearly 30 years. With the products comprising its Yardi Voyager Senior Housing Suite and Yardi Investment Suite, Yardi Voyager is the most comprehensive senior housing management platform on the market today. More than 70 senior housing providers use Yardi Voyager to serve residents in more than 1,500 communities. Yardi serves clients around the world from offices in Asia, Australia, Europe and North America. More information about Yardi products and services is available at www.yardi.com.

Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255