Employees: 7,500 Market: Private Founded: 1996
Ingenix provides organizations with products, services and consulting to improve the delivery and operations of their business.
Company Executives: Andrew Slavitt, CEO; Lee Valenta, COO
GE
Fairfield, CT
(203) 373-2211
HIT Revenue (HIS PROS ESTIMATE): $1,000,000,000 ('07)
Employees: 46,000 (GE Healthcare) Market: Public Founded: 1892 (GE)
GE Healthcare is a $16.9 billion business. It does not break down product lines within healthcare. IDX was doing $521 million when it was acquired in 2006. Along with Logician and other acquisitions, $1 billion is a reasonable estimate.
Emdeon Business Services
Nashville, TN
(877) 363-3666
HIT Revenue: $808,537,000 ('07) $751,089,000 ('06) $690,094,000 ('05)
HIS PROS HIT REVENUE STREAMS: PACS, RCM
M&A 2007: Acquired IXT Solutions
M&A 2006: Acquired Interactive Payer Network (IPN)
Employees: 2,550 Market: Private Founded: 1998
Provides revenue cycle and clinical communication solutions that can simplify business and improve delivery of healthcare for payers, providers, and vendor partners.
Company Executives: George Lazenby, CEO; Bob Newport, CFO
Agfa HealthCare
Greenville, SC
(864) 421-1600
http://www.agfa.com/healthcare
HIT Revenue: $648,637,812 ('07) $583,366,671 ('06) $511,563,254 ('05)
HIS PROS HIT REVENUE STREAMS: PACS
M&A 2005: Acquired GWI in January 2005 for 256,500,000 euros; Heartlab Inc. in June 2005 for 112,000,000 euros; and Med2Rad in June 2005 for 3,400,000 euros.
Employees: 7,153 Market: Public Founded: 1873
Agfa HealthCare provides integrated IT and imaging systems solutions and specialized solutions for radiology, cardiology, mammography and orthopedics.
Company Executives: Christian Reinaudo
Misys Healthcare Systems
Raleigh, NC
(800) 877-5678
http://www.misyshealthcare.com
HIT Revenue: $571,665,859 ('07) $626,242,053 ('06) $574,434,216 ('05)
HIS PROS HIT REVENUE STREAMS: Spun-off CPR, Sunquest
M&A 2007: Sold Diagnostic Systems Business to Vista Equity Partners on October 11, 2007 for $381,500,000; sold Misys CPR to QuadraMed on September 23, 2007 for $33,000,000. M&A 2006: Acquired PayerPath Inc. for $49,000,000 on January 31, 2006.
Employees: 1,500 Market: Public Founded: 1983
Misys Healthcare Systems provides a variety of solutions, including EHRs for physicians across various care settings, practice management systems and EDI connectivity. Misys serves more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals and 600 homecare providers.
Company Executives: Vern Davenport, executive VP, Misys plc; general manager, Misys Healthcare Systems, LLC
Cognizant
Teaneck, NJ
(201) 801-0233
HIT Revenue: $504,504,000 ('07) $330,860,000 ('06) $176,102,000 ('05)
M&A 2007: Acquired Market Rx on November 16 for $135 million
Employees: 55,000+ Market: Public Founded: 1994
Cognizant offers systems integration, outsourcing for applications, business processes and IT infrastructures, and testing solutions for pharmaceuticals, healthcare plans, telecom service providers, retailers, banks, insurers, manufacturing/logistics companies, information services, global media, and online companies.
Company Executives: Lakshmi Narayanan; Francisco D'Souza
Epic Systems Corporation
Verona, WI
(608) 271-9000
HIT Revenue: $503,000,000 ('07) $422,000,000 ('06) $370,000,000 ('05)
HIS PROS HIT REVENUE STREAMS: Major potential in hardware
Employees: 3,000 Market: Private Founded: 1979
Epic develops, implements and supports enterprise clinical, access, revenue cycle and e-health software. Its customers are primarily large organizations, academic organizations and pediatric organizations.
Company Executive: Judy Faulkner
Eclipsys Corporation
Atlanta, GA
(404) 847-4000
HIT Revenue: $477,533,000 ('07) $427,542,000 ('06) $383,342,000 ('05)
Employees: 2,400+ Market: Public Founded: 1996
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