TORONTO, ON, DECEMBER 5, 2012 – Constellation Software Inc. (“Constellation”) (TSX: CSU) through its wholly-owned subsidiary, Constellation Homebuilders Systems (“CHS”), today announced that it has purchased 100% of the fully diluted shares of Salar, Inc. The acquisition expands CHS into the Healthcare vertical.
Headquartered in Baltimore, MD with customers across the United States, Salar is a leading provider of Physician Documentation and Charge Capture tools that integrate with and improve the usability of hospital Electronic Medical Record Systems (EMRs). Salar’s solutions include TeamNotesTM, an inpatient documentation solution for physicians, TAP Charge Capture TM ,an industry leading physician charge capture tool, TeamRelayTM, which streamlines patient handoff, and TeamQueryTM, an integrated platform for real time review of physician documentation. Salar’s tools improve physician productivity while helping hospitals achieve excellence in patient quality, regulatory compliance and revenue cycle management. Salar’s customer base includes some of the nation’s top hospitals and leading physician practices.
“We are excited to help hospitals achieve their goals of improved bottom line and patient safety by using Salar’s Clinical Documentation and Charge Capture tools”, said Dexter Salna, President of CHS. “CHS provides excellent support and services to help our customers successfully run their business now and in the future. We welcome the customers and employees of Salar to the CHS family.”
About Constellation Software Inc.
Constellation’s common shares are listed on the Toronto Stock Exchange under the symbol “CSU”. Constellation Software is an international provider of market leading software and services to a number of industries across both the public and private sectors. The Company acquires, manages and builds vertical market software businesses that provide mission critical software solutions. Further information about Constellation may be obtained from its website at www.csisoftware.com
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