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Merge Healthcare Acquires Fletcher-Flora Health Care Systems

merge healthcare fletcher-flora

One day after reporting strong revenue growth for the third quarter and the appointment of Jeffrey Surges as CEO, Merge Healthcare has acquired Fletcher-Flora Health Care Systems, HIStalk has learned. The Anaheim, CA-based Fletcher-Flora develops and distributes a laboratory information system.

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Merge reported $45.2 million in revenue for third quarter, compared to $16.9 million in 2009. Adjusted net income was $.04/share, down from $.06/share last year. Surges, who was previously president of sales for Allscripts, replaces Justin Dearborn, who will take up the newly created role of president and concentrate on Merge’s international operations.