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Initiate Systems Acquires Accenx
| Company News - Initiate Systems |
Initiate Offers Healthcare Communities Interoperability and Connectivity with the Addition of Accenx Exchange.
Initiate Systems, Inc., a leader in data management solutions for information sharing and improved data quality, has acquired Accenx Technologies, Inc., a leading provider of health information exchange solutions. This acquisition furthers Initiate`s growth strategy and expands its offerings in the healthcare market. The terms of the deal are confidential.
By acquiring Accenx, Initiate expands the breadth and reach of its proven interoperable health solutions enabling a broader set of healthcare stakeholders to connect and share information as market dynamics require greater focus on establishing well integrated healthcare communities.
"The debates over healthcare IT adoption and payment reform have validated that healthcare communities that master information sharing realize improved outcomes at lower costs," said Bill Conroy, president and CEO, Initiate. "EHR is the buzzword of The American Recovery and Reinvestment Act, but what electronic health records offer is potential for interoperability. This requires information sharing within and between EHRs."
Conroy continued: "The addition of Accenx is a natural extension for our company, and we believe it will prove valuable to our customers. Leveraging Initiate interoperable health solutions as services through Accenx Exchange, Initiate now offers master data management (MDM) along with a connectivity platform delivering applications and relevant information at all points of service."
Accenx Exchange enables communities to rapidly connect healthcare providers, such as physician practices, reference labs and imaging centers, and easily share information such as orders and results. Accenx` Software as a Service (SaaS) delivery model and physician outreach program offers the service levels required by physicians with rapid deployment and a low up-front investment.
Initiate has been addressing health information technology (HIT) for more than 15 years. The company has recently been recognized by leading industry analysts as one of the highest ranked vendors providing master data management solutions. Initiate`s high-performance, scalable software has set the standard for delivering a single, accurate view of patient and provider records. It is used by more than a hundred health organizations, including: hospitals, independent delivery networks (IDNs), regional health exchanges, e-subscribers, retail pharmacies, insurance payers, federal and state health agencies.
About Initiate Systems
Initiate Systems enables organizations to confidently share critical data assets. Multinational corporations, healthcare organizations and government agencies rely on Initiate software and services to deliver complete, accurate and real-time views of data spread across multiple systems, domains or databases.
Source: Initiate Systems
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