JUL 14, 2008 12:29pm ET

Related Links

Federal Grants Help HIEs Link Mental Health and Medical Providers
February 10, 2012
API Augments its Scheduling Portfolio with Concerro Buy
February 9, 2012
New Content on HHS Consumer Web Sites
February 8, 2012
Study: E-Scripts Improve Medication Adherence
February 1, 2012
Aetna Wants Dentists to Push Smoking Cessation via iPads
January 31, 2012
HIT Vendor Round-up: Castlight, MedAssets & Aprima
January 31, 2012
HIT Vendor Round-up: New Client Wins
January 30, 2012

Web Seminars

Challenge of a Best-of-Breed VNA is Skillful System Integration and Dedicated Back-end Support
Available On Demand

Emageon Seeks a Buyer

Print
Reprints
Email

Emageon Inc. has retained investment firms Jefferies and Co. and SunTrust Robinson Humphrey as co-advisors as the medical imaging software vendor evaluates its strategic options, including a sale of the company.

Birmingham, Ala.-based Emageon lost $4.6 million in the first quarter of 2008 as revenue dropped 30% to $19.3 million. The company also recently settled a proxy contest with New York-based Oliver Press Partners LLC, a major shareholder.

Under the agreement, CEO Charles Jett and Douglas French, former president and CEO of Ascension Health, resigned from the board, with Jett continuing to serve as CEO at the board’s discretion. Two employees of Oliver Press Partners were named to the board. Another director, Mylee Mangum, resigned and then was reappointed under the agreement with Oliver Press Partners.

Emageon also has announced a contract with Williston, N.D.-based HealthNet LLC for its enterprise picture archiving and communication system and related workflow and visualization software.

HealthNet is a joint venture of four hospitals in North Dakota and Montana to implement and manage a hospital information system from Medical Information Technology Inc., Westwood, Mass. The hospitals buying the PACS are Glendive Medical Center and Sidney Health Center, both in Eastern Montana.

More information is available at emageon.com.

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
You must be registered to post a comment.
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Twitter
Facebook
LinkedIn

A major success factor for accountable care organizations will be linking caregivers across the spectrum of care delivery. If history is any indication, that's going to be an industrywide struggle.

Login  |  My Account  |  White Papers  |  Web Seminars  |  Events |  Newsletters |  eBooks
FOLLOW US
Already a subscriber? Log in here
Please note you must now log in with your email address and password.