News Article Details

CentralReach makes fifth acquisition in 18 months

NJBIZ - 3/3/2020

Matawan-based CentralReach, a provider of electronic medical record practice management and clinical solutions that enable Applied Behavior Analysis (ABA) clinicians and educators to produce superior outcomes for people with autism and related disorders, said Wednesday that it acquired Thread Learning (Thread), a powerful, intuitive and offline-capable mobile data collection solution designed for center-based clinics and schools.
Combined with CentralReach’s clinical offerings, which includes an upcoming Electronic Visit Verification (EVV)-compliant mobile data collection app, the acquisition further solidifies the company’s market-position as the only end-to-end provider offering a modern, intuitive, offline-capable suite of clinical solutions to deliver quality care, wherever care is delivered in home, in clinic, and in school all integrated directly with CentralReach’s powerful practice management solutions.
While a majority of ABA services are still predominantly delivered at home, there has been an uptick in the number of center-based clinics and K-12 schools now offering ABA therapy in individual and group settings, a trend that may, in turn, provide parents with more access to ABA therapy as the demand for services continues to surge in correlation with autism prevalence rates1 in every 59 children, according to CentralReach.
Thread Chief Executive Officer Greg Brill will join the CentralReach team and drive its clinical solution product road-map forward under the leadership of CentralReach Chief Product Officer Cheryl Michael.
“Greg, Sam and the Thread team have brought a beautiful, intuitive, easy-to-learn and easy-to-use data collection solution to market that is universally loved by its users and will become a core piece of CentralReach’s vision for its next-generation clinical data collection offering,” said CentralReach CEO Chris Sullens. “In addition to adding Thread’s product and customers, I’m most thrilled to add the Thread team to CentralReach to help lead the development of our next-generation clinical products.
"Today’s clinicians have a critical job to do and technology should be an enabler, not a deterrent," Sullens continued. "With our upcoming EVV-compliant mobile app, our redesigned CR PrecisionX data collection tool, and Thread’s intuitive solution for clinics and schools, CentralReach is now the only ABA software provider that offers powerful practice management software with a suite of clinical solutions that meet the unique needs of all care-delivery settings.”
The Thread platform will continue to be available as a standalone clinical solution as well as an integrated offering with the company’s existing practice management solutions CR Essentials, a quick-start solution for smaller providers and the CentralReach enterprise platform designed for larger, multi-site providers that have more complex operational needs.
“Partnering with CentralReach allows us to further our mission of providing the most intuitive, flexible, and powerful ABA data collection platform on the market and I couldn’t be more excited for what comes next for the product and our customers,” said Brill. “CentralReach provides us with the extensive resources we need to accelerate our product roadmap and the tools our customers have come to know and love. ABA clinicians should expect to see great things from Thread now that we are a core part of the CentralReach family,” said Brill.
This is the fifth acquisition that CentralReach has made over the past 18 months and the third major acquisition of a clinical-related solution.

CREDIT: Anthony Vecchione

 
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