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    Versaform Systems Corporation is part of the VSS Medical Group

VSS Medical Technologies, Inc. Acquires VersaForm Systems Corporation

10/22/12 – (Brewster, New York)

VSS Medical Technologies, Inc. (VSS) expands its Medical Technology reach to a broad range of healthcare services organizations, announcing the acquisition of VersaForm Systems Corporation (VersaForm), a California based provider of ARRA-certified Electronic Healthcare Record Software and Practice Management Solutions that serve a broad spectrum of providers in the medical and behavioral healthcare space.

The acquisition expands the VSS footprint into the solo/group medical, psychiatric and behavioral health sectors. VersaForm has been providing software solutions since 1981 to providers of all specialties and to outsourced practice management services. With an increase in the integration of primary care and mental health services, the acquisition uniquely positions VSS and its family of products to support the growing needs of the industry for both large and small providers. The investment by VSS continues its commitment to grow market share by enhancing its product offerings through organic development and strategic acquisitions that provide synergies fostering collaborative research and development with other complementary VSS companies and products.

"This acquisition is our second significant investment in the Healthcare Technology space" said Philip Turner, President and CEO. "VersaForm has a cutting edge product focused on the solo medical and solo behavioral healthcare markets. With over thirty years of development and industry experience, as well some of the most talented engineers in healthcare technology, it also brings key intellectual assets to our existing product offerings. Our growing portfolio of products and talent across different healthcare applications fosters sharing of ideas and innovation that will continue to enhance our ability to bring creative cutting edge products to market. We plan to continue to add complimentary products to our solution set, both through internal development and through additional strategic acquisitions."

About VersaForm Systems Corporation

VersaForm is a leader in providing software solutions for medical practices and practice management outsourcing companies nationwide. VersaForm provides a feature rich, fully integrated EHR and Practice Management system which provides practices automation that delivers the functionality needed to facilitate organizational processes, enhance the quality of clinical documentation, increase productivity, ensure compliance and shorten the Collections cycle. VersaForm is ONC-ATCB Certified as a Complete EHR. 

About VSS Medical Technologies, Inc.

VSS is a healthcare company that invests in leading edge healthcare technologies. VSS has a growing install base across North America and offers a growing number of applications and solutions. VSS plans to continue to invest in strong, complementary healthcare software applications and technology solutions. For more information about VSS, visit visit www.vssmedical.com.