Kronos Incorporated has formally terminated its previously announced agreement to acquire API Healthcare Corporation from Francisco Partners.
“We remain committed to executing our business plan of leadership by making significant investments in innovative workforce management solutions that are designed to help healthcare organisations deliver superior patient care while controlling labor costs,” says Aron Ain (pictured), chief executive officer of Kronos. “We are more confident than ever that we now have, and will continue to have, the best and most innovative workforce management solutions in the healthcare industry.”