HIT Revenue: $1,905,000,000 ('07) $1,542,000,000 ('06) $1,301,800,000 ('05)
M&A 2007: RelayHealth Corp; HealthCom Partners LLC; Per-Se Technologies Inc; Physician Micro Systems Inc (Practice Partner).
M&A 2006: Medcon Ltd.
Employees: 13,000 Market: Public Founded: 1974
McKesson is a provider of information technology, automation solutions, consulting services, and connectivity solutions for the healthcare industry.
Company Executives: Pamela Pure, president, McKesson Technology Solutions; Sunny Sanyal, chief operating officer, McKesson Provider Technologies
Kansas City, MO
HIT Revenue: $1,520,000,000 ('07) $1,378,000,000 ('06) $1,161,000,000 ('05)
M&A 2007: Acquired Etreby Computer Company for $23,500,000 in February - this did not have a material impact on revenue.
M&A 2006: Acquired Galt Associates for $13,700,000 in July - this did not have a material impact on revenue.
M&A 2005: Acquired Medical Division of VitalWorks for $100,000,000 in January - contributed approximately $65,000,000 to 2005 revenue; acquired Axya Systemes for $5,200,000 in May - did not have material impact on revenue; acquired Bridge Medical for $11,000,000 in July - did not have material impact on revenue.
Employees: 7,873 Market: Public Founded: 1979
Cerner provides healthcare information technology solutions for organizations around the world, ranging in size from single-doctor practices to entire countries.
Company Executives: Neal Patterson, chairman of the board and CEO; Trace Devanny, president
New York, NY
HIT Revenue (HIS PROSS ESTIMATE): $1,500,000,000 ('07)
Employees: 398,000 (total corporation) Market: Public Founded: 1847
HIS PROSs Notes: SMS closely tracked HBOC during the 1990s before both were acquired, by Siemens and McKesson, respectively, so this trend probably continued until 2007, when McKesson's acquisition of Per Se caused their spurt.
Falls Church, VA
HIT Revenue: $1,366,000,000 ('07) $1,190,000,000 ('06) $1,085,367,000 ('05)
M&A 2007: Acquired First Consulting Group in January for $365,000,000
Employees: 90,420 Market: Public Founded: 1959
CSC serves all aspects of the healthcare industry, including providers, payers, life sciences and government organizations. The company provides strategic planning, operations improvement, systems integration and outsourcing services.
Company Executives: Michael Laphen, president and CEO; Deward Watts, VP Health Services
Perot Systems & JJWild (a Perot Systems company)
HIT Revenue: $1,342,000,000 ('07) $1,080,000,000 ('06) $932,000,000 ('05)
M&A 2007: Acquired JJWild Holdings Inc. in August 2007 for $86,000,000.
Employees: 23,000 Market: Public Founded: 1988
Perot Systems provides consulting, business process, and technology solutions for the healthcare industry. Services include health insurance administration and revenue cycle solutions, clinical consulting, hosting and full IT outsourcing.
Company Executives: Peter Altabef; Chuck Lyles
Eden Prairie, MN
HIT Revenue: $1,303,800,000 ('07) $956,300,000 ('06) $778,600,000 ('05)
M&A 2007: Acquired ASC Decision Support on 12/17 ($4,000,000); Red Oak E-Commerce Solutions on 10/9 ($2,600,000); Healthia Consulting on 9/5 ($10,500,000); LighthouseMD on 8/16 ($29,500,000); the Lewin Group on 6/5 ($64,000,000); European Health Economics on 4/26 ($6,900,000).
M&A 2006: Acquired Latin Trials on 11/10 ($7,000,000); ENS on 8/9 ($41,500,000); Pacific Pharma Partners on 7/27 ($2,500,000); Claredi on 5/15 ($6,500,000); psychCME on 5/12 ($10,000,000); HWT on 5/2 ($7,000,000); Innovus on 2/14 ($9,500,000).
M&A 2005: Acquired SKM Oncology on 6/17 ($11,000,000); HSS on 5/20 ($125,000,000); Integrated Healthcare Information Systems on 2/25 ($28,000,000).
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