RALEIGH, NC – Last July, Misys Healthcare Systems took a strategic step back in selling off two smaller business units to concentrate on the ambulatory healthcare market. About a month ago, the newly focused company took a step forward.
Misys announced on Aug. 28 that it has entered into an agreement with iMedica, a developer of electronic health records and practice management solutions for physician practices, to license iMedica’s EHR and PM solutions as the foundation of a new group of offerings targeted at physicians in the small-practice market.
“This is a game-changing event for our customers, our company, our channel partners and the wider marketplace,” said Vern Davenport, Misys’ executive vice president and general manager. He said the products, which will be announced in November, will complement Misys’ existing solutions, including its Vision, Tiger, EMR and Payerpath solutions, and will be targeted at a market that is currently underserved and has high growth potential.
As part of the agreement, iMedica will act as a reseller of Misys’ Payerpath revenue cycle and transaction management services.
Misys on July 22 announced the sales of its diagnostic imaging and computerized patient records businesses. At the time, Davenport said the company would focus now on the ambulatory market space, “which has tremendous growth ahead of it.”
Among iMedica’s products is Patient Relationship Manager, a single-application EHR/PM solution that uses Microsoft’s .NET technology.
“The combination of iMedica’s technology and the deep market expertise Misys has established over 30 years will result in solutions at the forefront of innovation that provide immediate and long-term benefits to iMedica’s customers and prospects,” said iMedica CEO Michael Nissenbaum.