Yesterday, Kronos announced their plans to acquire API Healthcare. Regulatory approval is needed before the transaction can close.
Just a little over 1 year ago, API Healthcare acquired Clearview Staffing Software. The move has obviously proved to be strategic and no doubt helped lead to their acquisition by Kronos.
"This acquisition is great news for Kronos and API Healthcare customers, as well as the entire healthcare industry. Together we will leverage our complementary strengths to help organizations deliver high-quality patient care while maintaining tight control over their labor costs, said Aron Ain, chief executive officer, Kronos."
For years, Kronos has been one of the largest players when it comes to staffing software products. Their time and attendance product is used by hosptials nationwide. Through this acquisition of API Healthcare, of one of their largest competitors, Kronos has certainly solidified themselves as a dominant player in the healthcare staffing industry when it comes to heatlhcare staffing software.