QuadraMed to Acquire a Corner of Misys

June 24, 2011
Reston, Va.-headquartered QuadraMed Corp. has signed an agreement to buy Raleigh, N.C.-based Misys Healthcare's computerized patient record (CPR).

Reston, Va.-headquartered QuadraMed Corp. has signed an agreement to buy Raleigh, N.C.-based Misys Healthcare's computerized patient record (CPR).

According to Misys, it provides application software and services to banking, treasury and healthcare institutions. Misys CPR is an enterprise-wide EMR system that provides a patient database, closed-loop medication management, laboratory and radiology management systems and data warehouse capabilities, says the company.

The Misys plc division acquisition will better position QuadraMed, a provider of care-based revenue cycle solutions for access and identity management, to support and integrate CPOE at healthcare delivery systems, says Misys.

The $33 million deal is expected to close in 60 days, after which QuadraMed will file additional financial information in accordance with its public company reporting obligations.

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...