Three Vendors Make Buys in Short Order
In the space of two days, First Databank, SSI Group and Lexmark announced new acquisitions:
In the space of two days, First Databank, SSI Group and Lexmark announced new acquisitions:
* Drug database firm First Databank has acquired Design Clinicals, a Seattle-based vendor of medication reconciliation software. In announcing the deal, First Databank noted the large number of hospitals that have deferred the optional medication reconciliation meaningful use measure in Stage 1, with the measure required in Stage 2. Design Clinicals’ MedsTracker software integrates with CPOE, pharmacy and medication administration record systems. The company has 40 hospital clients. Terms of the acquisition were not disclosed.
* Revenue cycle management vendor The SSI Group in Mobile, Ala., has bought data analytics firm Medtelligence LLC, also known as Medibis. The Oklahoma City-based company serves ambulatory surgical centers and will operate as an independent organization within SSI. Its technology integrates with ambulatory physician and surgical facilities, as well as hospital information systems. Acquisition terms were not disclosed.
* Lexmark International has agreed to pay $72 million to buy Germany-based Saperion AG, a vendor of enterprise content management and business process management software in the European market. Upon closing, Saperion will become part of Lexmark subsidiary Perceptive Software, expanding its European market share. Perceptive serves multiple industries and has sizable market share in the U.S. health care arena.
* Drug database firm First Databank has acquired Design Clinicals, a Seattle-based vendor of medication reconciliation software. In announcing the deal, First Databank noted the large number of hospitals that have deferred the optional medication reconciliation meaningful use measure in Stage 1, with the measure required in Stage 2. Design Clinicals’ MedsTracker software integrates with CPOE, pharmacy and medication administration record systems. The company has 40 hospital clients. Terms of the acquisition were not disclosed.
* Revenue cycle management vendor The SSI Group in Mobile, Ala., has bought data analytics firm Medtelligence LLC, also known as Medibis. The Oklahoma City-based company serves ambulatory surgical centers and will operate as an independent organization within SSI. Its technology integrates with ambulatory physician and surgical facilities, as well as hospital information systems. Acquisition terms were not disclosed.
* Lexmark International has agreed to pay $72 million to buy Germany-based Saperion AG, a vendor of enterprise content management and business process management software in the European market. Upon closing, Saperion will become part of Lexmark subsidiary Perceptive Software, expanding its European market share. Perceptive serves multiple industries and has sizable market share in the U.S. health care arena.
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