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Misys Licenses Small Practice PM/EMR from iMedica

August 28, 2007 News 1 Comment

Misys Healthcare announced this morning that it will license practice management and electronic medical records products from iMedica. Misys will pay $8 million for minority ownership in iMedica plus $5 million in licensing fees. Misys will also get a seat on iMedica’s board of directors.

iMedica was founder by former Millbrook executives in 1998. Michael Nissenbaum is president and CEO.

New Misys-labeled product offerings, including an ASP product, will be announced in November. Misys CEO Mike Lawrie said the deal will allow the company to quickly market a small practice product, an area identified earlier as a weakness.



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Currently there is "1 comment" on this Article:

  1. Did Misys rename iMedica to Misys MyWay? Is that how they are marketing it?

    [From Mr. HIStalk] Yes, although I think they may be adding functionality not present in the standard iMedica product. So I’ve heard, anyway.

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