API Healthcare – Kronos Call Off Merger

Kronos-acquires-api-healthcare Big news this week regarding API Healthcare and Kronos. Back in February, API Healthcare announced they were being acquired by Kronos. The merger looked promising and had the potential to deliver a lot of interesting technology to the healthcare staffing industry.

However, this week, API Healthcare annouced that their merger with Kronos has been terminated. Regulatory approval by the DOJ seemed to be an issue.

API Healthcare recently released a new product, Synergy and they will be focusing on the rollout and success of that product. Both companies will move forward independently.

 

 

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