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New Mainstream Capital Portfolio Company Acquires Falcon Consulting, LLC

New Mainstream Capital Portfolio Company Acquires Falcon Consulting, LLC

EDISON, N.J. and CHICAGO – Avaap, the largest Infor systems integrator, announced today it has acquired Falcon Consulting, LLC, a KLAS-leading Epic Systems implementation and optimization firm.

With this acquisition, Avaap has put itself in the distinctive position of servicing the largest enterprise software needs for its healthcare customers. Avaap is strategically focused on Infor and helping healthcare organizations implement and maximize value in Enterprise Resource Planning (ERP) investments. Falcon offers consulting and evaluation related to Electronic Health Record (EHR) systems, including revenue cycle optimization and clinical transformation, with offerings that netted the firm a top-rated 94.5 score in a 2016 KLAS research report.

Getting more value out of EHR investments is the top priority for healthcare organizations, according to a recent survey of CHIME members. Despite EHR systems being widely adopted with meaningful use, optimizing the system to create sustainable value remains a key challenge. With continued provider consolidation, shifts in reimbursement orientated towards population health outcomes, and many healthcare organizations implementing ERP systems alongside EHR implementations, a single-source solution for clinical, financial and business applications will address integration and interoperability challenges.

“We are pleased to announce the completion of the Falcon acquisition,”said Dhiraj Shah, president and CEO, Avaap. “This is a momentous milestone for our organization and one that combines two young companies sharing the same vision of providing industry-focused, outcome-driven solutions for healthcare customers. The synergies in values, culture, and dedication to customer success makes it feel like a perfect match between the organizations and will benefit customers in the form of innovation, expanded healthcare expertise, and enhanced customer experience. I am confident that our employees, customers, and the industry at large will benefit from the collective strength of Avaap and Falcon.”

Falcon CEO Brendan Downing was excited to explore the possibilities of this new partnership. Said Downing, “Joining forces with Avaap will allow us to focus on driving better health quality outcomes and create financial stability for our clients while maintaining a unique work experience for our consultants. I truly am excited to invite customers and candidates alike to see that we’ve found a partner that truly wants to build ground-breaking new offerings that fully leverage the combined firm’s strengths.”