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Misys’ Small Practice Apps in Limbo


August 13, 2008

Raleigh, N.C.-based Misys Healthcare Systems has announced receipt of a letter terminating a year-old agreement to market the physician software of iMedica Corp., Carrollton, Texas.

Seeking to target smaller practices, Misys in August 2007 licensed iMedica’s software and rebranded it as Misys MyWay. Available in remotely hosted and standalone versions, the vendor has announced only two sales of Misys MyWay. Pacific Ocean Pediatrics, a three-physician practice in Santa Monica, Calif., signed a contract in late 2007. In April, Daughters of Charity Health System began offering the software at a subsidized rate to Bay Area, Los Angeles and San Jose area physicians.

Misys “strenuously disputes the basis of the purported termination and is negotiating in good faith with iMedica to resolve the issue,” according to a statement from parent company Misys plc of London. The company also said existing customers are unaffected by the contract dispute, Misys’ 18.4% equity investment in iMedica also is unaffected and a termination would have no material adverse impact for Misys.

A Misys Healthcare Systems executive was not immediately available for comment. Misys Healthcare Systems is merging with Allscripts LLC of Chicago.

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