QuadraMed Acquires NCR Healthcare Solutions; Terms Not Disclosed

Symbols: NCR
Posted in: News, M&A
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QuadraMed® Corporation today announced it has closed a definitive agreement with NCR Corporation (NYSE: NCR) to acquire NCR healthcare solutions, including its market-leading MediKiosk™ patient access software, NCR Payment Manager, Patient Portal, Patient Tracking, Physician Referral Portal and eForms software solutions. Financial terms of the deal were not disclosed. The healthcare solutions acquired by QuadraMed automate and streamline routine patient interactions, resulting in improved workflow, increased revenue and an increase in patient satisfaction.

“This addition to QuadraMed's portfolio is a logical extension of our existing Access and Identity Management offerings,” said Duncan W. James, QuadraMed CEO. “NCR's healthcare solutions will improve our clients' ability to meet the increasing demand for patients to control and self-direct their healthcare experience at hospitals, clinics and physician practices. When combined with our #1 in KLAS Identity Management solutions and our proven enterprise scheduling capabilities, QuadraMed will advance its mission of improving the quality and efficiency of care for healthcare providers.”

Under the terms of the agreement, NCR Corporation has entered into a reseller agreement with QuadraMed to provide hardware and self-service devices for its check-in and identification management solutions.


 
 
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