Misys Healthcare and iMedica Corporation Join Forces to Accelerate Healthcare IT Adoption

RALEIGH, N.C.--(BUSINESS WIRE)--Today, Misys Healthcare Systems, a market leader in healthcare IT, and iMedica, an emerging leader and developer of healthcare software solutions for small physician practices, jointly announced an agreement that promises to change the market dynamics and competitive landscape of healthcare IT. Under terms of the agreement, Misys will license iMedica’s innovative electronic health record (EHR) and practice management (PM) solutions as the foundation for a new family of physician offerings focused on small-sized practices. Practices in this segment of ambulatory healthcare have been eager to more fully capitalize on all the benefits of healthcare IT.

Initial products, including ASP service offerings, will be announced this November. They will complement the existing Misys suite of solutions, including Misys Vision™, Misys Tiger™, Misys EMR™ and Misys Payerpath™. This approach is consistent with the previously stated Misys intent of focusing its activities on ambulatory solutions, software as a service, and extending offerings to ambulatory market segments which are currently underserved and have high growth potential. As part of this strategic agreement, iMedica will also act as a reseller of Misys’ Payerpath revenue cycle and transaction management services to its existing and future customers.

“This is a game-changing event for our customers, our company, our channel partners and the wider marketplace,” said Vern Davenport, executive vice president and general manager of Misys healthcare Systems. “We carefully evaluated other alternatives in Healthcare IT and selected iMedica as our partner based upon its leading technology, robust products, and strong future roadmap. iMedica’s technology delivers a time-to-market advantage that will enable us to quickly introduce compelling solutions under the Misys brand. Combining our experience and service and support capabilities with iMedica’s innovative solutions will allow us to deliver outstanding results for our small practice customers.”

Mr. Davenport stressed that this agreement extends the market penetration of Misys products and services without interrupting development on any of the company’s current products or services. “This is a great day for the 100,000+ physicians who currently use Misys solutions, and for the thousands more in smaller practices who will have access to the best healthcare IT solutions in the marketplace. These professionals will benefit from some of the most widely used, well-supported products in our industry.“

iMedica CEO Michael Nissenbaum welcomed the Misys strategic relationship as further evidence of iMedica’s unwavering goal to advance healthcare IT with EHR and PM solutions. “The combination of iMedica’s technology and the deep market expertise Misys has established over 30 years will result in solutions at the forefront of innovation that provide immediate and long-term benefits to iMedica’s customers and prospects.”

About iMedica Corporation

Founded in 1998, iMedica is an innovator in the development of electronic health records and practice management solutions for physician practices. Based on its comprehensive study of physician practice workflow and extensive consultations with practicing physicians, iMedica has developed Patient Relationship Manager™ (PRM), a single application EHR and PM solution that utilizes Microsoft’s latest .NET technology. iMedica’s replication technology enables backup, recovery and accessibility as well as the ability to customize and manage the solution with minimal IT staff intervention. iMedica PRM’s unique template-free design that adapts to a physician’s workflow, continues to set the benchmark for ease of use and deployment, speed and portability for the physician office. For more information, visit www.imedica.com.

About Misys Healthcare Systems, LLC

Misys Healthcare delivers integrated, comprehensive solutions that improve results for healthcare practitioners. Drawing on our decades of healthcare experience, our relationships with more than 100,000 healthcare professionals, and our commitment to customer success, we deliver innovative software and services that enable physicians, caregivers, and a connected healthcare community. Misys Healthcare: Experience, Solutions, Results. Contact us today, visit www.misyshealthcare.com.

About Misys plc

Misys plc (FTSE: MSY.L), provides integrated, comprehensive solutions that deliver significant results to organizations in the financial services and healthcare industries. We maximize value for our customers by combining our deep knowledge of their business with our commitment to their success.

In banking and treasury & capital markets, Misys is the market leader, with over 1,200 customers, including all of the world’s top 50 banks. In healthcare, Misys is the market leader, serving more than 110,000 physicians in 18,000 practice locations, 1,200 hospitals and 600 home care providers. Misys employs over 5,500 people who serve customers in more than 120 countries.

We aspire to be the world’s best application software and services company, delivering results for the most important industries in the world.

Misys: Experience, Solutions, Results

Contact us today, visit: www.misys.com