It is incredibly stressful once you leave the Epic center of gravity. I have spent my ex-epic career wondering if…
QuadraMed Acquires NCR Healthcare Solutions
QuadraMed announced this morning that it will acquire the healthcare solutions business of NCR Corporation, whose products include a patient access kiosk, patient and physician portals, and a payment solution. Terms were not disclosed.
NCR acquired the product portfolio when it bought Maitland, FL-based Galvanon in December 2005.
QuadraMed CEO Duncan James was quoted in the announcement as saying, “This addition to QuadraMed’s portfolio is a logical extension of our existing Access and Identity Management offerings. NCR’s healthcare solutions will improve our clients’ ability to meet the increasing demand for patients to control and self-direct their healthcare experience at hospitals, clinics and physician practices.”
NCR’s healthcare workforce in Lake Mary, FL and Hyderabad, India will become QuadraMed employees on January 5, 2012.
Wow!
…and here I thought Galvannon was still on its own, thought NCR got out of the HIT world decades ago, and since I hadn’t heard from Qmed in over a year on HISTalk I figured they were gone too!
I think Qmed needs to buy an HISTalk add quick!
NCR needs to stick to cash registers and leave HIT to those who know.
Good acquisition for QuadraMed.
They looked at Galvannon years ago and it made sense from a product fit.
At the time, QuadraMed was straddled with Wall Street and Board expectations that made investment into product development and acquisition a challenge. There was also some debt structure that was clobbering them.
Good to see they are finding capital to invest in product again.