J M Smith said Tuesday that the acquisition, financial terms of which weren’t disclosed, will further enable the company to leverage best practices and explore new opportunities in the long-term care pharmacy market.
“The long-term care pharmacy market is strategically important to our organization, and several of our companies are committed to our role in providing excellent products and services to our long term care pharmacy customers,” William Cobb, chairman and chief executive officer of J M Smith, said in a statement. “Integra is known for its offerings and customer service in this field, so they are a good fit for us.”
Anacortes, Wash.-based Integra designs and develops pharmacy workflow management systems for the institutional care market. Its offerings for pharmacies include DocuTrack, a content and document management system that automates paper, fax and electronic processing; DeliveryTrack, which manages delivery processes; and Logix business process automation software.
“Many of our Smith Drug Co. customers are very satisfied Integra customers,” stated Jeff Foreman, president of Smith Drug Co., a subsidiary of J M Smith. “Bringing the products and the staff of Integra into the JM Smith Corp. is a positive move for all of our customers as we further focus our efforts in the long-term care space.”
J M Smith said Integra will continue to operate as an open platform, allowing full integration with other industry software and third-party technologies. Integra currently offers an extensive bank of interfaces and will continue to work with industry partners on additional integration.
“Integra’s main focus has always been the health and success of our customers,” commented Kevin Welch, president of Integra LTC Solutions. “We have observed that J M Smith embodies these same goals and look forward to melding resources and expertise to further expand Integra’s product line and service offerings to the institutional market.”
More than 600 pharmacies use Integra’s DocuTrack, DeliveryTrack and Logix products.
“QS/1 has worked with Integra products for many years. They have attended our Customer Conference and worked with us to offer our mutual customers excellent products and support,” stated Tammy Devine, president of QS/1, also a J M Smith subsidiary. “We are looking forward to working with the newest member of J M Smith Corp.”