Eye Care Leaders, a company that provides ophthalmic and optometric practice solutions, announced Monday morning it will be acquiring iMedicWare Inc., a company that offers software solutions for ophthalmology practices and ambulatory surgery centers.
Terms of the deal were undisclosed.
iMedicWare is provides software specifically designed for ophthalmologists. The Freehold, New Jersey-based company began in 2006 when a group of leading physicians representing all the ophthalmic sub-specialties worked together to create efficient, paperless solutions for ophthalmology.
Arun Kapur, chief executive officer and founder of iMedicWare, will head Eye Care Leader’s technology solutions portfolio following the acquisition, which will encompass EHR, practice management and other software.
“We are proud to have iMedicWare join our family of solutions that are solely focused on eye care,” said Brent Michael, chief commercial officer at Eye Care Leaders, in a statement. “The team that Arun has built for iMedicWare is outstanding, and we look forward to his leadership in building the same level of excellence for all of our portfolio companies.”
iMedicWare will provide the technology platform necessary for Eye Care Leaders to offer a fully-integrated solution following the acquisition.