VitalWorks Sells Medical Division

(Ridgefield, CT, USA), a developer of radiology and diagnostic image and information technology systems, has announced that it has signed an agreement to sell its medical division to Cerner Corp. (Kansas City, MO, USA) for U.S.$100 million in cash. This divestiture of VitalWork's medical division will allow the company to focus completely on its radiology business.

"The vision of leveraging our sources to form a truly world-class image and information technology company, dedicated to the growing diagnostic imaging market, is now well in focus and well-financed,” remarked Dr. Stephen N. Kahane, president and CEO of VitalWorks.

VitalWorks has established a single, unified division focused on the image and information business. The new division has adopted the name Amicas, and will be led by a single management team.

"Research indicates that there is currently a dramatic underpenetration of image and information management systems including PACS in both the ambulatory and acute care settings. Owning the major pieces of the technology puzzle in this area provides us with tremendous flexibility to not only continue our R&D efforts and expand our distribution infrastructure, but also to add complementary solutions and services directly or through strategic partnerships and acquisition,” said Dr. Kahane.





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