Covisint Buys CDS Developer DocSite - InformationWeek
IoT
IoT
Healthcare // Clinical Information Systems
News
9/20/2010
03:08 PM
50%
50%

Covisint Buys CDS Developer DocSite

The acquisition will combine DocSite's clinical decision support and performance management technology with Covisint's platform-as-a-service model, Covisint ExchangeLink.

Slideshow: RFID In Healthcare
Slideshow: RFID In Healthcare
(click image for larger view and for full photo gallery)
Data exchange network provider Covisint announced on Monday that it has acquired DocSite, a clinical decision support and quality performance management company. The acquisition further extends Covisint's footprint in the healthcare sector as customers upgrade their health information technology infrastructure and implement electronic health records (EHRs)

Covisint, a Compuware company based in Detroit, Mich., has been steadily growing its healthcare business and said the acquisition will combine DocSite's clinical decision support and performance management technology with Covisint's platform-as-a-service model, Covisint ExchangeLink. Together, the pairing will bring key solution options to market for the exchange, use and analysis of patient and population information. Additionally, this cloud-based solution works with physicians' existing IT investments and complements existing workflows in either paper- or electronic-based settings. The offering will be immediately available to the more than 68,000 caregivers already on the Covisint platform, while positioning Covisint to win future business.

"The writing is on the wall: the U.S. healthcare system now demands outcome-based care, and this visionary acquisition positions Covisint as the leader in this space for years to come," David McGuffie, Covisint's president and COO, said in a statement. "DocSite meets and exceeds the needs of doctors, hospitals and health systems in providing interconnected care, quality management and reporting -- all of which helps physicians and hospitals obtain needed stimulus monies in today's competitive, pay-for-performance environment."

Covisint's executives also said adding DocSite's point-of-care decision support, population management, quality and pay-for-performance reporting solutions will give customers an advantage as they demonstrate that they are meaningfully using technology to improve patient care, which is a requirement to apply for reimbursements under the electronic health record (EHR) incentive programs. The company hopes this will in turn give Covisint a competitive advantage in winning large, state Health Information Exchange (HIE) and other contracts related to the secure access and exchange of health information.

"Covisint's acquisition of DocSite is the right solution at precisely the right time, particularly in today's healthcare world of strategic, health information sharing initiatives that demand effective care, quality measurement and IT adoption," Dr. John Haughton, founder, chairman and chief medical information officer for DocSite, said in a statement. "This potent set of care, quality and measurement tools--combined with Covisint's industry standard ExchangeLink(TM) platform -- addresses the key needs in today's market, Beacon and PQRI requirements and will evolve for years to come for physicians and health systems."

The all-cash transaction closed on September 17, 2010. The majority of DocSite's employees, headquartered in Raleigh, N.C. will join Covisint.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of the Cloud Report
As the use of public cloud becomes a given, IT leaders must navigate the transition and advocate for management tools or architectures that allow them to realize the benefits they seek. Download this report to explore the issues and how to best leverage the cloud moving forward.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of November 6, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll