Home

Hicks Acquires Stake in SafeMed

June 24, 2011

Hicks Holdings LLC, a Dallas-based private investment enterprise, has acquired a 40 percent stake in SafeMed, a San Diego-based provider of clinical

Hicks Holdings LLC, a Dallas-based private investment enterprise, has acquired a 40 percent stake in SafeMed, a San Diego-based provider of clinical decision support systems. Financial terms of the agreement were not disclosed

According to SafeMed, it currently offers three products:

SafeMed Phama identifies prescription drug alternatives, ranking them by safety, efficacy and affordability based on patient-specific data in conjunction with insurer business rules.
SafeMed Imaginghelps identify and rank diagnostic imaging tests for a specific patient, and provides an authorization and approval process.
SafeMed Quality analyzes patient data against Class I quality guidelines in real time to help identify and resolve gaps in care.

According to Hicks, the investment will enable SafeMed to accelerate the continuing implementation of its business strategy.

Continue Reading

HIMSS24: Attendance Appears Equal to That of HIMSS23

At UVM Health Network, Advancing an Integrated Health System’s Initiatives through Data Governance Strategies

Sponsored Recommendations

Improving Workplace Safety and Patient Care in Behavioral Health

In 2023, Vail Health enhanced safety in their behavioral health clinic, but the impact went beyond their expectations. Read their case study to see how prioritizing workplace ...

Transforming Hospital Capacity Through Smarter Patient Progression Strategies

Helping patients move seamlessly through every stage of their care, from admission to discharge, is critical to ensuring patient safety, improving outcomes, and optimizing capacity...

Beyond the AI Buzz: How Clinicians Can Leverage AI for Value-Based Success

Watch on-demand to explore the impact of implementing AI in primary care settings to reduce burnout and thrive in value-based care. Including practical takeaways on driving clinician...

Building the Connected Hospital: Bridging Operational Gaps Through Technology

Join industry leaders to explore how advanced technologies like RFID, AI, EMR, and ERP systems are transforming hospitals into connected ecosystems that enhance efficiency, streamline...