According to Misys, it provides application software and services to banking, treasury and healthcare institutions. Misys CPR is an enterprise-wide EMR system that provides a patient database, closed-loop medication management, laboratory and radiology management systems and data warehouse capabilities, says the company.
The Misys plc division acquisition will better position QuadraMed, a provider of care-based revenue cycle solutions for access and identity management, to support and integrate CPOE at healthcare delivery systems, says Misys.
The $33 million deal is expected to close in 60 days, after which QuadraMed will file additional financial information in accordance with its public company reporting obligations.
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