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IDX Systems Corporation (IDX) was a healthcare software technology company that formerly had headquarters in South Burlington, Vermont, United States. It was founded in 1969 by Robert Hoehl, Richard Tarrant, and Paul Egerman. IDX was acquired by General Electric and incorporated into its GE Healthcare business unit in 2006. A portion of the former IDX business (along with other software assets) were sold by GE to private equity firm Veritas Capital in 2018. [1] The resulting company was named Virence. [2] In 2019, Virence was merged into athenahealth. [3]
Prior to its acquisition by GE Healthcare, IDX had four primary lines of business:
Flowcast was the original application produced by IDX. It is a revenue cycle management system for medium to large physician groups, hospitals, and integrated delivery networks, and includes scheduling, billing and collections modules. It is written in the MUMPS programming language and runs on InterSystems Caché. Flowcast was renamed Centricity Business after the product was acquired by GE Healthcare. [4] The product is now owned by athenahealth. [5]
Groupcast was a financial management system for smaller-to-medium size provider groups. It was renamed Centricity Group Management after being acquired by GE Healthcare. [6] The product is now owned by athenahealth.
Carecast was a system used primarily by large hospitals and medical centers as an integrated clinical and financial application. Known as "Lastword" before IDX re-branded it, the system was developed in the 1980s by Seattle-based PHAMIS, Inc., a company acquired by IDX in 1997. [7] Carecast also came in a regionalized version currently used at the University College Hospital in London. The main Carecast code-base is written in COBOL, TAL, C and Java and runs on Tandem/NonStop Tandem Computers hardware. Upon acquisition by GE Healthcare, it was renamed Centricity Enterprise. [8] In 2015, GE Healthcare announced it would sunset the Centricity Enterprise product. [9]
Imagecast was a radiology information system which enables "filmless" radiology image workflow. It is now marketed and supported by GE as Centricity RIS-IC.
On September 29, 2005, General Electric's Healthcare division announced it would acquire IDX for US$44 a share. The deal was valued at US$1.2 billion. The purchase was finalized January 4, 2006. [10] [11]
Agfa-Gevaert N.V. (Agfa) is a Belgian-German multinational corporation that develops, manufactures, and distributes analogue and digital imaging products, software, and systems. The company has three divisions. Agfa Graphics offers integrated prepress and industrial inkjet systems to the printing and graphics industries. Agfa HealthCare supplies hospitals and other care organisations with imaging products and systems, as well as information systems. Agfa Specialty Products supplies products to various industrial markets. It is part of the Agfa Materials organization. In addition to the Agfa Specialty Products activities, Agfa Materials also supplies film and related products to Agfa Graphics and Agfa HealthCare.
Jeffrey Robert Immelt is an American business executive currently working as a venture partner at New Enterprise Associates. He stepped down as CEO of the U.S.-based conglomerate General Electric (GE) on August 1, 2017 and retired from his position as chairman of the board of GE on October 2, 2017. He was selected as GE's CEO by their board of directors in 2000 to replace Jack Welch upon Welch's retirement from GE. Previously, Immelt had headed up GE's Medical Systems division as its president and CEO.
GE Healthcare is an American multinational conglomerate incorporated in New York and headquartered in Chicago, Illinois. As of 2017, the company is a manufacturer and distributor of diagnostic imaging agents and radiopharmaceuticals for imaging modalities that are used in medical imaging procedures. The company offers dyes that are used in magnetic-resonance-imaging procedures. GE Healthcare also manufactures medical diagnostic equipment including CT image machines. Further, it develops Health technology for medical imaging and information technologies, medical diagnostics, patient monitoring systems, disease research, drug discovery, and biopharmaceutical manufacturing. The company was incorporated in 1994 and operates in more than 100 countries. GE Healthcare operates as a subsidiary of General Electric.
General Electric Automation and Controls division combines what was formerly known as GE Intelligent Platforms and Alstom's Power Automation and Controls.
Robert "Bob" Hoehl was a co-founder of the software company IDX Systems and a Vermont philanthropist.
GE Security was a division of General Electric Inc's GE Enterprise Solutions. It was acquired by UTC on March 1, 2010 and is now part of UTC Fire & Security. GE Security's division provides intrusion alarm systems, integrated security systems, fire systems, access control, video surveillance, explosives and illegal drug detection, key control/lockbox, fiber optic transmission, machine guarding, and more. GE Security was based in Bradenton, FL.
The Healthcare Information and Management Systems Society (HIMSS) is an American not-for-profit organization dedicated to improving health care in quality, safety, cost-effectiveness and access through the best use of information technology and management systems. It was founded in 1961 as the Hospital Management Systems Society. It is now headquartered in Chicago, Illinois. The society has more than 80,000 individuals, 480 provider organizations, 470 non-profit partners and 650 health services organizations. HIMSS is a US 501(c)6 organization.
Cerner Corporation is an American supplier of health information technology (HIT) solutions, services, devices, and hardware. As of February 2018, its products were in use at more than 27,000 facilities around the world. The company had more than 28,000 employees globally, with over 13,000 in Kansas City, Missouri. Its headquarters are in the suburb of North Kansas City, Missouri.
UST Global is a multinational provider of Digital technology and transformation, IT services and solutions, headquartered in Aliso Viejo, California, United States. Stephen Ross founded UST Global in 1998 in Laguna Hills. The company has offices in over 25 countries including USA, India, Mexico, UK, Malaysia, Philippines, Singapore, Spain and Poland.
Genpact is an American professional services]] firm headquartered in New York City, New York.
Centricity is a brand of healthcare IT software systems from GE Healthcare, a division of General Electric. It includes software for independent physician practices, academic medical centers, hospitals and large integrated delivery networks. The various modules perform practice management, revenue cycle management, electronic medical records, medical imaging, and other functions.
athenahealth, Inc. is a private American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States. athenahealth has a network of more than 160,000 providers and 110 million patients and offers a suite of services to manage medical records, revenue cycle, patient engagement, care coordination, and population health.
NextGen Healthcare, Inc. is an American software and services company headquartered in Irvine, California, US. The company develops and sells electronic health record (EHR) software and practice management systems to the healthcare industry. NextGen Healthcare also provides population health, financial management, and clinical solutions for medical and dental practices. On September 7, 2018, Quality Systems Inc. changed its name to Nextgen Healthcare, Inc. and on September 10, their stock ticker symbol changed to NASDAQ: NXGN.
Certify Data Systems, Inc. founded in 2004, was a healthcare information technology (IT) company located in Campbell, California, that developed an interoperability platform to enable health information exchange (HIE) between healthcare entities, such as integrated health organizations, hospitals, multi-specialty centers, clinics, laboratories and physicians. The company was acquired by Humana Inc. in 2012. In March 2015, Certify Data Systems integrated with Anvita Health and nliven systems to form Transcend Insights, a population health management (PHM) technology company.
Allscripts Healthcare Solutions, Inc. is a publicly traded American company that provides physician practices, hospitals, and other healthcare providers with practice management and electronic health record technology. Allscripts also provides solutions for patient engagement and care coordination, as well as financial and analytics technology. The company has more than 180,000 physician users and has solutions in 2,700 hospitals and 13,000 extended care organizations.
Quadria Capital is an independent healthcare focused private equity firm that specializes in growth capital investments in small cap and middle-market companies within the healthcare sector across South and Southeast Asia.
Greenway Health, LLC is a privately-owned vendor of health information technology (HIT) including integrated electronic health record (EHR), practice management, and revenue cycle management solutions. Intergy, Greenway Health’s cloud-based EHR and practice management solution, serves ambulatory healthcare practices. The company has offices in Tampa, Florida; Alachua, Florida; and Carrollton, Georgia. Greenway Health was formed in 2013 following Vista Equity Partners' acquisition and combination of three HIT vendors: Vitera Healthcare Solutions, SuccessEHS, and Greenway Medical Technologies.
Veritas Capital is a New York-based private-equity firm founded in 1992 that invests in companies that provide critical products and services, primarily technology or technology-enabled solutions, to government and commercial customers worldwide. The firm’s first fund closed in 1998. They closed a seventh fund in 2019, Veritas has approximately $10.2 billion of assets under management. Veritas is led by Ramzi Musallam, the firm’s Chief Executive Officer and Managing Partner.
Ambra Health, is a software company that provides solutions for medical image sharing of DICOM and non-DICOM data between patients, physicians, and hospitals. As of 2016, the company has raised over $45 million for developing its cloud platform.
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