SOURCE: Keystone Technologies

Keystone Technologies

February 02, 2016 06:00 ET

From Healthcare to Health: Healthcare IT and Senior Care Technologies Businesses Will Merge to Form Keystone Technologies

Keystone IT to Combine With Senior Care Technologies Innovator to Form New Health IT Services and Solutions Company

ST. LOUIS, MO--(Marketwired - February 02, 2016) - Keystone IT, a leading force in healthcare IT consulting, services, and support throughout the Midwest, and Keystone Technologies, an industry innovator in senior care technology solutions and services, announced today that the two companies will merge to form a diversified health IT services and solutions company operating under the Keystone Technologies banner.

The merger of these two companies is intended to provide a strong foundation for more effectively impacting health outcomes across the continuum of care, thus positioning the organization to better facilitate the healthcare industry's shift from a focus on delivering "healthcare" to a focus on improving "health." The company will continue to build upon its history of providing expert healthcare IT consulting services while increasing its focus on developing innovative technologies to improve quality of care and quality of life.

The combined company will initially employ approximately 70 people, with the intention of expanding its technical, marketing, sales, and administrative forces to better serve its clients.

"This is an exciting time for Keystone," said Eric Humes, Chairman and CEO of the new Keystone Technologies and co-founder of both original companies. "The product portfolio and target markets of our combined company, combined with synergies to be realized in personnel, subject matter expertise, and channel relationships, will better position Keystone Technologies to achieve its mission and vision as the business of healthcare continues its evolution into the business of health."

Keystone IT was founded in 2001 and has experienced consistent annual growth resulting in recognition as the third-fastest growing company in St. Louis by the St. Louis Business Journal.

Keystone Technologies was launched in 2014. The company has worked with strategic partners to develop revolutionary quality of care and quality of life solutions that have shown great promise in early pilot studies in both hospital and senior living settings.

"This merger will establish the new Keystone Technologies at the forefront of health IT and senior care solutions," said Andy Belval, former CEO and current President and COO of the new Keystone Technologies. "The joining of our companies will make us more effective in serving our clients and very attractive to future employees. This, in turn, will allow us to accelerate achieving our original mission of advancing quality of care and improving quality of life for seniors, while improving health outcomes across the broader continuum of care."

About Keystone Technologies
Keystone Technologies is a leading health IT services and solutions company dedicated to improving health outcomes through innovation with a vision of enabling and empowering every person to control his or her own health. Keystone provides a broad array of cutting-edge health IT services and products, including: 1) IT infrastructure assessment, design, and installation, 2) regulatory and compliance consulting, 3) HIPAA-compliant cloud services, 4) managed services and support, and 5) health solutions. Based in St. Louis, Keystone Technologies brings years of experience and success to the health technology space. For more information, visit http://www.keystone-technologies.com and http://www.keystone-it.com.

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