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ABILITY Network Acquires OCS HomeCare Division From National Research Corporation

LINCOLN, Neb. and MINNEAPOLIS, Minn., Dec. 21, 2015 (GLOBE NEWSWIRE) -- ABILITY® Network, a leading healthcare technology company, announced today it has acquired the OCS HomeCare and Hospice analytics division from National Research Corporation (NASDAQ:NRCIA) and (NASDAQ:NRCIB). Terms of the deal were not disclosed.

ABILITY acquired the OCS analytics software services that offer clinical outcomes improvement, hospitalization insights, and quality assurance benchmarking and reporting. National Research will retain the Home Health CAHPS (HHCAHPS) business of the OCS division. ABILITY and National Research have entered into an exclusive partnership to bring HHCAHPS services to the broader ABILITY customer base.

“Joining the OCS HomeCare division with ABILITY advances our team’s pioneering work with new scale and additional investments needed to succeed in the rapidly changing home health market,” said Steve Jackson, President of National Research. “We are excited to partner with ABILITY to advance the aims of both companies. Together, we can ensure our clients deliver industry-leading outcomes at lower cost with an exceptional patient experience.”

ABILITY holds the industry’s leading position with home health and hospice providers, many of whom are seeking closer alignment between revenue cycle management and clinical processes. By integrating the ABILITY | OPTIMIZE OASIS service with the OCS analytics and reporting capabilities, ABILITY will offer the leading solution to the home health and hospice market.

“We’re very pleased to add the OCS analytics capability and team to ABILITY,” said Mark A. Pulido, Chairman and CEO of ABILITY Network. “Integrating the OCS services with the ABILITY robust administrative and clinical platform enables us to bring additional value to our customers.”

OCS homecare products are recognized as the most reliable solutions for patient and staff experience measurement, hospitalization insights, and clinical outcomes improvement. ABILITY will continue the annual OCS HomeCare Elite awards recognizing the nation’s top agencies.

About ABILITY Network

ABILITY® Network is a leading healthcare information technology company trusted by over 120,000 providers and payers across the continuum of care, providing a broad suite of innovative workflow services to help manage the administrative and clinical complexities of healthcare. ABILITY is headquartered in Minneapolis with principal offices in Boston, Parsippany and Tampa. For more information call 612.277.1481 or visit www.abilitynetwork.com.

About National Research Corporation

For more than 30 years, National Research Corporation (NASDAQ: NRCIA and NRCIB) has been at the forefront of patient-centered care. Today, the company’s focus on empowering customer-centric healthcare across the continuum extends patient-centered care to incorporate families, communities, employees, senior housing residents, and other stakeholders. National Research clinical and healthcare analytics products and solutions identify a path to better quality outcomes and patient experiences for home health agencies.

This integration of cross-continuum metrics and analytics uncovers insights for effective performance improvement, quality measurement, care transitions, and many other factors that impact population health management. For more information, call 800-388-4264, write to info@nationalresearch.com, or visit www.nationalresearch.com.


Contact: John Porricolo Vice President of Marketing ABILITY 612-277-3941 john.porricolo@abilitynetwork.com Kevin Karas Chief Financial Officer National Research Corporation 800-388-4264 kkaras@nationalresearch.com

Source:National Research Corporation