Cerner Corp. will acquire IMC Health Care Inc., which provides employer-sponsored, on-site clinics. Terms of the acquisition were not disclosed.
Cerner for several years has operated a clinic for employees and dependents at its Kansas City, Mo.-based headquarter. The company also markets such clinics--loaded with its information technologies--to other employers. Its first employer client is Cisco Systems Inc., San Jose, Calif.
The acquisition of Jacksonville, Fla.-based IMC Health Care, which serves 15 employer clients through 23 clinics, will expand Cerner's employer health initiatives. IMC Health Care's clients include such well-known corporations as American Axle & Manufacturing, Dr. Pepper Snapple Group, Campbell Soup Company, Jayco, Publix Super Markets and Sea Ray Boats.
Cerner expects the acquisition to close during the first quarter of 2010 and to not have a material impact on the year's financial results. Todd Keller, M.D., founder and CEO of IMC Health Care, will retire and volunteer for Doctors Without Boarders and Ronald McDonald House Charities. IMC Health Care executives Don Stubbs, senior vice president of business development; and Tom Neville, senior vice president of operations, will join Cerner and help lead its employer health initiatives.
Cerner will support IMC Health Care's existing clients and offer them I.T. products, including electronic health records. Cerner will use IMC Health Care's expertise, particularly in occupational health, to improve the Cerner clinic model, which will be the marketed model going forward.
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