HIS Vendor Medsphere Merges with Consultancy Phoenix Health
Over the years, hospital information systems vendor Medsphere Systems and consultancy Phoenix Health Systems have had a partnership. Now, the partners have merged following a swap of Phoenix stock for Medsphere stock.
Over the years, hospital information systems vendor Medsphere Systems and consultancy Phoenix Health Systems have had a partnership.
When Medsphere clients wanted information technology hosting or outsource services, the company often would refer them to Phoenix, says Irv Lichtenwald, president and CEO.
Now, the partners have merged following a swap of Phoenix stock for Medsphere stock. Phoenix will retain its name and operate as a division of Medsphere. Terms of the merger were not disclosed.
Also See: How Acquisitions Can Bring IT Security Risks
Medsphere sells a commercialized version of the Department of Veterans Affairs VistA electronic health records system along with a suite of ancillary software and implementation services, and has done more than 400 implementations. It also provides IT strategic, revenue cycle optimization, ICD-10 and meaningful use consulting services.
Now, Medsphere has more firepower for those services and gains several new service lines with Phoenix, including systems/process optimization, outsourced IT management and infrastructure hosting or outsourcing, says Lichtenwald.
Most important, the merger fills a need that many prospective clients seek, he adds. People like to do one-stop shopping.
When Medsphere clients wanted information technology hosting or outsource services, the company often would refer them to Phoenix, says Irv Lichtenwald, president and CEO.
Now, the partners have merged following a swap of Phoenix stock for Medsphere stock. Phoenix will retain its name and operate as a division of Medsphere. Terms of the merger were not disclosed.
Also See: How Acquisitions Can Bring IT Security Risks
Medsphere sells a commercialized version of the Department of Veterans Affairs VistA electronic health records system along with a suite of ancillary software and implementation services, and has done more than 400 implementations. It also provides IT strategic, revenue cycle optimization, ICD-10 and meaningful use consulting services.
Now, Medsphere has more firepower for those services and gains several new service lines with Phoenix, including systems/process optimization, outsourced IT management and infrastructure hosting or outsourcing, says Lichtenwald.
Most important, the merger fills a need that many prospective clients seek, he adds. People like to do one-stop shopping.
More for you
Loading data for hdm_tax_topic #better-outcomes...