2008-07-16 07:00:00
Company Will Serve over 3,000 Customers after Acquisition
DALLAS–(EMWNews)–Healthvision today entered into a definitive agreement to purchase the
majority of MediSolution’s Healthcare Products
& Services Division’s assets, a leading
healthcare technology provider headquartered in Montreal, Quebec. The
acquisition of MediSolution’s Healthcare
Products and Services division, with the exception of the blood bank
business, allows Healthvision to expand their current reach into the
Canadian marketplace with the addition of MediSolution’s
customer footprint. MediSolution’s Integration
Services team has a proven track record including experience and
industry knowledge gained from more than 450 healthcare integration
projects involving systems from 150 different vendors, resulting in over
1200 production interfaces processing millions of transactions daily.
This integration experience only reinforces the strength of Healthvision’s
overall strategy for enhancing their clients’
ability to leverage their information technology investments into their
overall environment.
The MediSolution healthcare-specific product suite includes electronic
health record systems, a patient management suite, clinical department
systems, lab information systems, and public health and community care
solutions. This product suite will enable Healthvision to better serve
the numerous existing joint customers both companies share.
“The ever increasing demands for information
at the right place and time within a healthcare organization make this
acquisition a natural fit for Healthvision in the Canadian market,”
said Russell Fleisher, chief executive officer of Healthvision. “We
continue to search for new acquisitions that allow our existing
customers to benefit from newly acquired product offerings as well as
benefit new customers with Healthvision’s
existing products and services. The company will continue to support all
of our collective products with exceptional customer service. We are
very excited to welcome MediSolution’s
Healthcare Products and Services customers and partners to the
Healthvision team.”
“This is an excellent transaction,”
said Paul Lepage, president and chief executive officer of MediSolution. “Healthvision
will bring all the customers currently served by MediSolution’s
Healthcare Products and Services Division exciting new capabilities that
will enhance their existing integration and software solutions.”
The company expects the transaction to close within approximately 45
days as it is subject to customary approvals including a shareholder
vote. Post closing MediSolution’s Healthcare
Products and Service Division will operate under the Healthvision brand
and leverage the power of the combined businesses to ensure all
customers receive the highest quality of customer care.
About Healthvision
Healthvision is a leading provider of healthcare specific software and
services. We provide innovative, cost-effective solutions enabling vital
access to healthcare information anytime and anywhere, improving
clinical and financial outcomes. Our solutions, powered by Cloverleaf
Integration Suite, are at work in thousands of facilities around the
globe, including 40 percent of all large Integrated Delivery Networks,
and 33 percent of U.S. hospitals.
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