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CERNER CORPORATION (CERN)
Cerner Corporation supplies healthcare information technology solutions worldwide. The company designs, develops, markets, installs, hosts, and supports software information technology and content solutions for healthcare organizations and consumers. It offers software solutions and hardware that gives healthcare providers secure access to clinical, administrative, and financial data in real time. The company provides access to an individual's electronic medical record at the point of care, and organizes information for the specific needs of the physician, nurse, laboratory technician, pharmacist, and other care providers, as well as for front and back office professionals. In addition, it offers installation services, which include project-scoping services, conducting pre-installation audits, and creating initial environments. Cerner's implementation and consulting services include database consulting, system configuration, project management, testing assistance, network consulting, post conversion review, and application management services. The company markets its products and services to integrated delivery networks, physician groups and networks, and their managed service organizations; managed care organizations; hospitals; medical centers; free-standing reference laboratories; home health agencies; blood banks; imaging centers; pharmacies; pharmaceutical manufacturers; employer coalitions; and public health organizations. Cerner was founded in 1979 and is headquartered in North Kansas City, Missouri.
Aspyra, Inc. operates as a healthcare information technology and service provider specializing in clinical information systems (CIS) and diagnostic information systems for healthcare providers. The CIS is designed to provide data, which is gathered concerning each individual patient's health condition, diagnosis, and treatment that are used by doctors, nurses, and other healthcare providers. It provides software and services for hospitals and clinic-based laboratories, pharmacies, orthopedic facilities, imaging centers, and teaching and children's facilities. The company's product line includes CyberLAB, a laboratory information system; AccessNET, a general purpose PACS system; CyberRAD, a radiology information system; AccessRAD, a RIS/PACS integrated system; AccessMED, a multi-specialty PACS system; CyberPATH, an anatomic pathology system; and CyberMED, a pharmacy information system, as well as a WebGateway portal for physician access to its CIS applications, and other related clinical and diagnostic application modules. These products are deployed to provide automation of clinical information and digital diagnostic images that facilitates the operation of clinical departments and allows the recording and processing of information, which is communicated, documented, and delivered to healthcare providers. Aspyra sells its products directly through owned sales force in North America, as well as through channel partners and distributor programs in other countries. The company was founded in 1978. It was formerly known as Creative Computer Applications, Inc. and changed its name to Aspyra, Inc. in 2005. Aspyra is headquartered in Calabasas, California.
ECLIPSYS CORPORATION (ECLP)
Eclipsys Corporation engages in the development and license of software and content to healthcare organizations in North America. Its software enables hospitals to automate its clinical, administrative, and financial functions; enables physicians and nurses to check on a patient's condition, order patient tests, review test results, monitor a patient's medications, and provide alerts to changes in a patient's condition; and enables hospitals to admit patients, maintain patient records, create invoices for billing patients or insurance companies, control inventories, effect cost accounting, and schedule doctor's visits. Its content, which is integrated with its software, provides guidelines on treatment methodologies for use by physicians, nurses, and other clinicians. Eclipsys also provides other services, such as software and hardware maintenance, remote hosting, network services, training, and consulting. Its products include Sunrise Clinical Manager a patient record system; Sunrise Access Manager, which enables healthcare providers to identify the patient within a hospital and to collect and maintain patient information; Sunrise Patient Financial Manager, which is used for patient-accounting processes; and Sunrise Decision Support Manager, which creates a clinical and financial data repository. It also offers Sunrise Discovery, which provides clinical data using data-extraction techniques; Sunrise Record Manager provides clinical data management, and document and image-management functions; and eLink, which provides tools to enable the integration of data from a customer's existing systems. In addition, Eclipsys sells desktop, network, and platform solutions, including hardware, middleware, and related services. The company offers implementation, integration, and product support services; and facilities management, network outsourcing, and transition management services. Eclipsys was founded in 1995 and is headquartered in Boca Raton, Florida.
EMDEON CORPORATION (HLTH)
Emdeon Corporation provides business, technology, and information solutions that transform the financial and clinical aspects of healthcare delivery. It operates in four segments: Emdeon Business Services, Emdeon Practice Services, WebMD Health, and Porex. The Emdeon Business Services segment provides healthcare reimbursement cycle management services and transaction-related administrative services. It transmits transactions electronically between healthcare payers and providers, and provides transaction processing technology; consulting services and outsourcing services; and print-and-mail services for distribution of checks, remittance advice, and explanation of benefits. This segment also provides decision support and data warehousing software solutions, and related maintenance services. The Emdeon Practice Services segment offers information technology systems and services that enable physician offices to automate their scheduling, billing, and administrative tasks to transmit transactions electronically; to maintain electronic medical records; and to automate documentation of patient encounters. The WebMD Health segment provides health information services through online portals and specialized publications. Its public and private online portals provide access to news and articles, searchable information, and interactive services. This segment also publishes medical reference textbooks; healthcare provider directories; and WebMD the Magazine, a consumer magazine. The Porex segment offers porous plastic products and components used in healthcare, industrial, and consumer applications. The company offers its products and services in the United States and internationally. Emdeon was incorporated in 1995. It was formerly known as Healtheon Corporation and changed its name to Healtheon/WebMD Corporation in 1999. Later, the company changed its name to WebMD Corporation in 2000 and to Emdeon Corporation in 2005. Emdeon is headquartered in Elmwood Park, New Jersey.
TRIZETTO GROUP INC (TZIX)
The TriZetto Group, Inc. engages in the development, licensing, and supporting of proprietary and third party software products for the healthcare industry in the United States. It offers proprietary enterprise administration software, including Facets, QicLink, and Facts; specialized component software, including NetworX products, CareAdvance care management software, HealthWeb suite of Web application software, and Workflow add-on modules; outsourced business services, including software hosting, business process outsourcing, physician credentialing, and information technology outsourcing; and consulting services, such as software implementation and hosting. The TriZetto Group provides access to its hosted solutions either through the Internet or through traditional networks. The company offers its products and services to health payers, benefits administrators, and physician groups. The TriZetto Group was founded in 1997 and is headquartered in Newport Beach, California.
QUALITY SYSTEMS INC (QSII)
Quality Systems, Inc. and its subsidiary NextGen Healthcare Information Systems, Inc. engage in the development and marketing of healthcare information systems that automate medical and dental group practices, community health centers, physician hospital organizations, management service organizations, and dental schools. Its software systems include general patient information, appointment scheduling, billing, insurance claims submission and processing, managed care plan implementation and referral management, treatment outcome studies, treatment planning, drug formularies, electronic patient records, dental charting, and letter generation. In addition, the company offers its clients hardware and software maintenance and support services, system training services, and electronic claims submission services. Quality Systems was founded in 1974 and is headquartered in Irvine, California.
MGT Capital Investments, Inc. and its subsidiaries develop medical imaging software applications in the United Kingdom, the United States, Europe, Japan, and China. It develops computer-aided detection (CAD) software, which analyses Computer Tomography scans for the early detection and measurement of lesions. It offers Colon CAD and Lung CAD products that enables the early detection of colon and lung cancers. The company also provides Web portal containing an online sales channel for diagnostic, treatment, and surgery planning solutions in the breast, cardiology, abdominal-pelvic, thoracic, and musculoskeletal imaging areas. The company was founded in 1999 and is based in London, the United Kingdom.
Healthaxis, Inc. provides integrated solutions and services for health benefit administrators and health insurance claim processors. The company provides Web-enabled systems for the administration and processing of health insurance claims, such as vision, disability, health reimbursement accounts, health spending accounts, and flexible spending accounts on an application service provider basis. It also offers Web-enabled platforms and solutions for the enrollment, sale, distribution, and post-sale administration of insurance policies, including health, vision, and dental insurance. Healthaxis also provides business processing services, such as imaging and data capture services to convert paper transactions in the form of healthcare claims into electronic transactions. The company markets its products and services to health insurance payers, third party administrators, and preferred provider organizations. It operates in Utah, Texas, and Jamaica. Healthaxis, formerly known as Provident American Corporation, was organized in 1982. The company is headquartered in Irving, Texas.
Visicu, Inc. operates as a healthcare information technology and clinical solutions company in the United States. It offers eICU Program, a remote monitoring system for intensive care units that allows hospitals to improve patient treatment outcomes. The company's product consists of an eICU Center with direct data, video, and audio links with ICU patient rooms; and eCareManager suite of software products, including eCareManager Patient Care and Best Practice Tools, and Reporting Solutions. Its eCareManager Patient Care tool displays clinical information in views and formats that allow the user to evaluate an individual patient's status. The company's Reporting Solutions generate information regarding overall hospital ICU practice patterns and performance, daily management reports, and outcomes and best practice reports. Visicu sells its products primarily to multi-hospital systems, and networks of community and rural hospitals. The company was founded in March 1998 and is headquartered in Baltimore, Maryland.
MEDIWARE INFORMATION SYSTEMS INC (MEDW)
Mediware Information Systems, Inc. engages in the development, marketing, licensing, implementation, and support of clinical management information software systems for hospitals. The company operates through three divisions: Medication Management Systems, Blood Bank Systems, and Operating Room Systems. The Medication Management Systems division provides information and management software systems to hospitals, mental health facilities, penal institutions, and other institutions. Its software provides specialized tools for the management of all aspects of pharmaceutical care, including order entry, billing, education, and utilization primarily in the United States and the United Kingdom. The Blood Bank Systems division supplies information and management software systems to blood donor and transfusion centers primarily in the United States. It also provides blood centers with full function tools for blood collection and processing, donor recruitment, testing, and inventory control. The Operating Room Systems division supplies information and management software systems to hospitals for use in the operating room setting primarily in the United States. Its software provides scheduling tools and other important tools needed to capture and document the entire operating room event. The software also offers a database that can assist operating room management personnel with management tools, information, and reports that are needed to identify performance improvement opportunities. The company's systems comprise its proprietary application software, third party licensed software, and third-party computer hardware. It also sells implementation, training, and annual software support services with each software system. Mediware was incorporated in 1970 and is headquartered in Lenexa, Kansas.
STREAMLINE HEALTH SOLUTIONS INC (STRM)
Streamline Health Solutions, Inc., a healthcare information technology company, provides workflow and document management application and services in streamlining business processes for medical professionals in the United States. Its workflow and document management solutions electronically capture document-centric information from disparate sources and direct that information through business processes, as well as provide access to the information to physicians, nurses, administrative and financial personnel, and payers. The company's workflow-based products and services offer solutions to healthcare business processes within the health information management and revenue cycle, such as remote coding, abstracting and chart completion, remote physician order processing, pre-admission registration scanning, insurance verification, secondary billing services, explanation of benefits processing, release of information processing, and other departmental workflow processes. It also offers ASPeN services, which stores and manages the data using its suite of applications; and enables customers to view, print, fax, and process the information. The company was founded in 1989. It was formerly known as LanVision Systems, Inc. and changed its name to Streamline Health Solutions, Inc. in 2006. The company is based in Cincinnati, Ohio.
MERGE TECHNOLOGIES INC (MRGE)
Merge Technologies Incorporated, doing business as Merge Healthcare, engages in the development and delivery of medical imaging and information management software and services. It provides solutions for both original equipment manufacturer (OEM) and the end-user healthcare markets. The company offers its products in three categories, including diagnostic imaging workflow software applications, connectivity and component solutions, and professional services. It develops medical imaging software solutions that support endtoend business and clinical workflow for radiology department and specialty practices, imaging centers, and hospitals. The company provides picture archiving and communications systems, radiology information system, and clinical medical imaging software applications. It also develops engineered software applications and development tools for the medical imaging OEM and international markets. The company's software technologies span various digital imaging modalities, including computed tomography, magnetic resonance imaging, digital X-ray, mammography, ultrasound, echo-cardiology, angiography, nuclear medicine, positron emission tomography, and fluoroscopy. Its medical imaging offerings are used in various aspects of clinical imaging workflow, including the capture of a patient's digital image; the archiving, communication, and manipulation of digital images; clinical applications to analyze digital images; and the use of imaging in minimally-invasive surgery. The company was founded in 1987 by William C. Mortimore and is headquartered in Milwaukee, Wisconsin.
MEDecision, Inc., together with its subsidiaries, provides technology-based clinical decision support and transaction management solutions to managed care payers in the healthcare industry located in the United States. It offers Collaborative Care Management suite that include Data Gathering and Analytics, a data engine with an analytics component that enables a payer to process, summarize, and evaluate information from internal and external sources; Clinical Rules and Processes, a clinical content and process management solution featuring clinical best practices that have been validated by evidence-based medicine; Advanced Medical Management, a care management solution consisting of workflow and detection tools that address the continuum of care management processes, such as specialized case and disease management, admission and outpatient certification, referral management, concurrent review, and discharge planning; and Collaborative Data Exchange, a communication service that facilitates the mutual transmission of health records containing critical patient information to patients and providers for making treatment decisions. The company is also developing MEDeWeaver module, which enables the generation of electronic health record by weaving various sources of patient information; and MEDePathway module, which enables payer customers to leverage the data contained in the patient clinical summary for various uses. Further, MEDecision offers professional services, such as implementation and consulting services; training; technology, development, and operations; and customer support. The company licenses its solutions to managed care organizations and health insurance companies primarily through its direct sales force. As of December 31, 2006, its customers included approximately 56 regional and national managed care organizations. MEDecision was founded in 1988 and is headquartered in Wayne, Pennsylvania.