Health Care Service Corp. Acquires MEDecision | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Health Care Service Corp. Acquires MEDecision

August 15, 2008
by root
| Reprints

Health Care Service Corporation (HCSC, Chicago) has completed its purchase of Wayne, Pa.-based MEDecision, Inc., which will now become a wholly-owned subsidiary of HCSC.

MEDecision says it will operate independently and will continue its focus on technology development and customer service.

According to the terms of the agreement, MEDecision’s shareholders received $7.00 per share in cash, with holders of approximately 88 percent of the outstanding shares voting in favor of the transaction, say the companies. As of today, MEDecision’s common stock is no longer publicly traded.

Topics

News

UF Health Receives $2.2 Million CDC Grant for Telemedicine Project

UF Health Jacksonville in Florida will be using a $2.2 million federal grant to launch a telemedicine program aimed at improving care for patients living with HIV in an urban setting.

Epic, CVS Health Team Up to Use Analytics for Informed Medication Insights

Epic Systems and CVS Health have announced an initiative in which analytics and data sharing will be leveraged to generate insights surrounding dispensing patterns and behaviors around medication adherence.

Two Major Healthcare Collaboratives Partner to Improve Regional Data Sharing

NRHI a national organization of regional healthcare improvement collaboratives, and SHIEC, a national trade association representing health information exchanges, are now joining forces.

AMA Launches Collaborative Initiative to Tackle Health Data Issues

The American Medical Association (AMA) announced Monday that it is launching a platform, called the Integrated Health Model Initiative, to bring together healthcare providers and health technology companies around a common data model.

Anthem to Create Tech Center in Downtown Atlanta

Anthem has announced that its local Atlanta affiliate will build a new technology center downtown where 3,000 multidisciplinary IT professionals will work on innovative projects to help improve the consumer experience.

Healthcare Associations to Congress: Extend MACRA Flexibilities by Three More Years

Several prominent healthcare associations and medical societies have written a letter to leading members of the Committee on Energy and Commerce, proposing to continue current MACRA flexibilities for an additional three years.