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Eclipsys agrees to acquire MediNotes

Eclipsys : 23 September, 2008  (Company News)
Eclipsys and MediNotes have signed a definitive agreement for Eclipsys to acquire MediNotes, a privately held industry leader in physician practice information solutions.
MediNotes, based in West Des Moines, Iowa, has Practice management and electronic Medical record (EMR) solutions in over 5,000 medical practices across the USA.

“Added to the clients that have chosen our Sunrise Ambulatory Care solution, this move will make Eclipsys a significant player in the clinic and physician practice market,” said R Andrew Eckert, Eclipsys president and chief executive officer.

“Studies have shown that over two-thirds of surveyed physicians in small to mid-sized practices do not yet have an EMR solution, and all of them plan to have one within the next two years,” Eckert noted. “And almost a quarter of practices with an existing solution report they’re planning to replace it soon. So there’s a significant market opportunity here for both Eclipsys and our clients.”

Eclipsys has traditionally focused on providing information software, clinical content and professional services for hospitals and hospital-based health systems. Those larger providers are often tightly aligned with or own a number of clinics and mid- to large-sized physician practices. These health systems have successfully used the Sunrise Ambulatory Care application of Eclipsys’ Sunrise Enterprise suite of comprehensive clinical, financial and performance-improvement enterprise solutions to coordinate care delivery between the inpatient and outpatient environments.

But with a growing number of specialty and smaller physician practices, health systems have sought a cost-effective way to improve care coordination and expand relationships with loosely affiliated physicians. Web-based Practice management and EMR solutions such as those by MediNotes, which are low-cost to implement and maintain, help facilitate those linkages and expanded physician adoption.

Once completed, the acquisition of MediNotes will expand, but not replace, the current Eclipsys solution portfolio.

“The MediNotes Clinician solution suite - which will be rebranded - will complement our existing Sunrise Ambulatory Care outpatient clinic solution to meet the needs of physician practices, whether tightly aligned or loosely affiliated. The MediNotes Clinician applications will be joining other Eclipsys solutions comprising our comprehensive community portfolio, such as our patient and clinician portals,” Eckert noted. “We’re pleased this acquisition will enable us to better meet the evolving needs of our health system clients, as well as those of the growing physician practice market.”

MediNotes Clinician is a fully integrated practice management/EMR system that can also be implemented as separate solutions. Clinician EMR supports electronic orders and results, point-of care-documentation, e-prescribing and instant access to critical patient information. Clinician PM is designed to increase patient satisfaction by improving the efficiency of office staff and resource utilisation. Clinician PM includes a comprehensive and workflow-based dashboard, up-to-date information on appointments, patient and physician kiosks, current billing and accounts receivable status and more, viewed and updated in real time.

The MediNotes Clinician solution suite can be delivered through an ASP (application service provider) or remote hosting model - either by the health system or Eclipsys - and can also be implemented locally. Eclipsys is a recognized leader in quality healthcare IT remote hosting and outsourcing services.

“Eclipsys and MediNotes are a winning combination for our clients and the market, as both companies are focused on delivering outstanding value that directly leads to improved outcomes,” said Donald G Schoen, MediNotes chief executive officer and president. “There’s a great deal of synergy between the entrepreneurial spirit and market-leading solutions of the two companies, and we look forward to becoming part of Eclipsys.”

Eclipsys plans to formally launch these additions to its portfolio at the Eclipsys User Network (EUN) Annual Outcomes Conference, upcoming October 5 to 8 in Atlanta. Eclipsys also will be demonstrating Sunrise Ambulatory Care and MediNotes Clinician at the MGMA 2008 Annual Conference, October 19-22 in San Diego.
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