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Eclipsys to buy private-held Medinotes for undisclosed amount

September 22, 2008 | Bernie Monegain, Editor

Suggested Content

  • Eclipsys announces plan to acquire MediNotes

ATLANTA – Eclipsys Corp. based in Atlanta will acquire Medinotes, a privately-held physician software company based in Des Moines, Iowa.

The announcement, made over the weekend at the 6th Annual Business Partner Conference in Las Vegas, heralds more consolidation in a still-fragmented healthcare IT market. It also comes on the heels of recent company mergers, including one pending between Misys and Allscipts - on hold while Misys looks for the $305 million it had planned to borrow from Lehman Brothers. The investment bankers were on the brink of bankruptcy until British bank Barclays swooped in to buy it.

The financial terms of the Eclipsys-Medinotes deal were not disclosed. The Medinotes partner meeting continues through Wednesday.

Eclipsys also added to its portfolio in February with the purchase of St. Louis, Mo.-based Enterprise Performance Systems Inc. in a $53 million deal. It's an acquisition that Eclipsys officials said, "reinforced our commitment to the financial decision support space."

Medinotes has practice management and electronic medical record solutions in more than 5,000 medical practices across the country, according to Medinotes executives.

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Related Topics:
  • Atlanta
  • Des Moines
  • Eclipsys Corporation
  • Iowa
  • Las Vegas
  • Lehman Brothers
  • Medinotes
  • Misys
  • R. Andrew Eckert

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