Initiate Systems, Inc., a provider of data management solutions for information sharing and improved data quality, has acquired Accenx Technologies, Inc., a provider of health information exchange solutions. This acquisition furthers Initiate’s growth strategy and expands its offerings in the healthcare market. The terms of the deal are confidential.

By acquiring Accenx, Initiate expands the breadth and reach of its proven interoperable health solutions enabling a broader set of healthcare stakeholders to connect and share information as market dynamics require greater focus on establishing well integrated healthcare communities. 

“EHR is the buzzword of The American Recovery and Reinvestment Act, but what electronic health records offer is potential for interoperability. This requires information sharing within and between EHRs. The addition of Accenx is a natural extension for our company, and we believe it will prove valuable to our customers. Leveraging Initiate interoperable health solutions as services through Accenx Exchange, Initiate now offers master data management (MDM) along with a connectivity platform delivering applications and relevant information at all points of service,” said Bill Conroy, president and CEO, Initiate.

Accenx Exchange enables communities to rapidly connect healthcare providers, such as physician practices, reference labs and imaging centers, and easily share information such as orders and results. Accenx’ software-as-a-service (SaaS) delivery model and physician outreach program offers the service levels required by physicians with rapid deployment and a low up-front investment.

To read the full press release, click here.
 

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SOURCE: Initiate Systems Acquires Accenx