por
Brendon Nafziger, DOTmed News Associate Editor | December 07, 2010
Health insurer Aetna Inc. said Tuesday it would buy privately held health records company Medicity for around $500 million. The Hartford, Conn.-based insurer said the transaction, which it will pay for with existing resources, should be financially neutral next year.
Medicity makes health information exchange technology, letting doctors and hospitals share medical information. It reaches around 760 hospitals and 125,000 doctors, according to the Salt Lake City-based company.
Last year, Medicity merged with HIE business Novo Innovations.
Ad Statistics
Times Displayed: 53067
Times Visited: 1590 Ampronix, a Top Master Distributor for Sony Medical, provides Sales, Service & Exchanges for Sony Surgical Displays, Printers, & More. Rely on Us for Expert Support Tailored to Your Needs. Email info@ampronix.com or Call 949-273-8000 for Premier Pricing.
Aetna said Medicity will continue to operate under its own name with its current leadership, under founder Dr. James K. Lassetter.
Aetna's stock remained flat at around $30.32 in morning trading Tuesday.
Click
here to watch our video interview from HIMSS 2010 in March with Medicity vice president of marketing Bill Sims.
