MEDecision Finalizes Acquisition of HxTechnologies, Inc.

WAYNE, Pa.--(BUSINESS WIRE)--MEDecision, Inc., a leading provider of collaborative health care management solutions, today announced that it has finalized its acquisition of HxTechnologies, Inc. (HxTI). HxTI is a health information exchange (HIE) company that specializes in enabling the seamless and secure flow of clinical data among health care stakeholders.

“It is an opportunity for us to further strengthen Alineo and Nexalign, which further enables us to operate from a position of strength as we approach the opportunities in the changing health care landscape.”

The deal allows MEDecision to embed HxTI’s HIE technologies, particularly the iHistory^® HIE platform, into its Alineo™ collaborative health care management platform and Nexalign™ advanced health information exchange service. This will bolster MEDecision’s ability to deliver real-time, actionable information for the formulation of meaningful electronic health records (EHRs), something President Obama has called upon the health IT industry to produce for all Americans within five years. The American Recovery and Reinvestment Act includes $19 billion to help facilitate this goal.

“Combining HxTI’s capabilities with our 20 years of innovation further extends our capacity to produce best-in-breed EHRs that meet the president’s challenge,” said Scott A. Storrer, MEDecision president and COO. “It is an opportunity for us to further strengthen Alineo and Nexalign, which further enables us to operate from a position of strength as we approach the opportunities in the changing health care landscape.”

MEDecision will utilize iHistory intelligence to augment Alineo’s analytics capabilities, enabling more precise patient identification, gaps in care recognition, and clinical summary and treatment plan development. iHistory will expand Nexalign’s ability to assemble and deliver actionable, real-time clinical information — including diagnostic-quality medical images — and simplify its interoperability with other systems.

In addition, MEDecision plans to leverage HxTI’s technology to bring to market a first-of-its-kind medical management module for radiology that includes electronic exchange of imaging test results among care providers. The company believes this will not only enhance the quality of care, but help lower the $6 billion spent annually on unnecessary repeat exams. Two other immediate uses for HxTI resources include enhancing Nexalign’s real-time information exchange capability to support the patient-centered medical home care delivery model, and bringing real-time data from physicians and ancillary care providers to MEDecision’s analytics process for the formulation of advanced EHRs.

The transaction also enables MEDecision to acquire HxTI’s patent on the electronic management of patient authorizations to share health information and multiple other patents pending in the field of health information exchange, including its invention of the record locator service.

For more information about MEDecision, please visit www.MEDecision.com and subscribe to an RSS feed at http://www.MEDecision.com/blog/. Follow the company on Twitter at @MEDecision.

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About MEDecision

MEDecision offers collaborative health care management solutions that provide a simplified and smart way to manage the health of members and member populations which can improve the quality and affordability of care. Based on state-of-the-art technology, MEDecision's solutions include Alineo™, a collaborative health care management platform for managing case, disease and utilization management and Nexalign™, a collaborative health care information exchange service. MEDecision believes that, in the aggregate, its health care payer customers insure or manage care for approximately one in every six people in the U.S. with health insurance. For more information, please visit www.MEDecision.com.

MEDecision is a trademark of MEDecision, Inc. The MEDecision logo and product names are also trademarks or registered trademarks of MEDecision, Inc. Other product and brand names are trademarks of their respective owners.