Acquisition Positions Cority as the Clear Leader in Serving the Healthcare Industry with the Broadest and Deepest SaaS Solutions for Employee Health, Occupational Health, and Safety
Toronto, ON and Broomfield, CO – October 16, 2019 – Cority, the most trusted provider of environmental, health, safety, and quality (EHSQ) software, today announced its acquisition of Axion Health, Inc., the market leader in Employee Health software solutions for healthcare providers. This strategic acquisition solidifies Cority’s leadership position in providing comprehensive EHSQ solutions to the global healthcare industry.
Cority is already recognized as the global leader in Occupational Health and Industrial Hygiene software solutions with a solid footprint in the healthcare vertical. In a recent report from analyst firm Verdantix, the Green Quadrant EHS Software 2019, Cority earned the highest scores in Occupational Health and Industrial Hygiene in addition to Data Security, Application Security and other industry-critical functionality.
The addition of Axion Health further strengthens Cority’s ability to deliver value to healthcare organizations by adding the best-in-class turnkey solution for Employee Health. Adding to Cority’s extensive group of health and safety software users in the healthcare industry, Axion Health’s SaaS solution, ReadySet®, is used by over 100 hospital systems to ensure compliance, gain efficiencies, and improve employee care and wellness.
“We are excited to join Cority in what is clearly to be the top global EHSQ software company,” said Gage Garby, Chief Executive Officer, Co-Founder, Axion Health. “Both companies are in the business of serving customers by protecting workers, relieving complex regulatory burdens, and driving operational efficiencies and wellness outcomes. Together, we provide the broadest and deepest employee and occupational health SaaS solutions for the healthcare industry.”
“We are thrilled to have the Axion Health team join Cority,” said Mark Wallace, CEO, Cority. “Our shared purpose of ensuring client success, high client retention rates, and industry leading true SaaS solutions will underpin our shared future growth and profitability. We look forward to continuing to serve our customers and investing in industry leading solutions.”
This strategic acquisition follows the recent private equity growth investment in Cority by Thoma Bravo.
Axion Health, Inc. is the leader in Occupational and Employee Health Software solutions to healthcare companies and institutions. Axion Health’s SaaS solution, ReadySet, is designed to improve employee health programs, compliance, workflow and best practices. ReadySet offers role-based access for employees, management, clients, and recruiters to efficiently streamline processes, protect PHI, and report system-wide in real time. The SaaS platform is an intuitive, integrated solution that is hosted, secure, 100% paperless, and mobile friendly. Its dynamic clinical decision support tools are unmatched in the industry. ReadySet is scalable offering options such as immunization management, injury and illness, case management and workers’ comp, unique online pre-placement, wellness, vision testing, and more.
Cority gives every employee from the field to the board room the power to make a difference, reducing risks and creating a safer, healthier, and more sustainable world. For over 35 years, Cority’s people-first software solutions have been built by EHS and sustainability experts who know the pressures businesses face. Time-tested, scalable, and configurable, CorityOne is the responsible business platform that combines datasets from across the organization to enable improved efficiencies, actionable insights, data-driven decisions, and more accurate reporting on performance. Trusted by over 1400 organizations worldwide, Cority deeply cares about helping people work toward a better future for everyone. To learn more, visit www.cority.com.