Join, Follow & Connect
Join Modern Healthcare's LinkedIn group Follow Modern Healthcare on Twitter Join Modern Healthcare's Facebook group Follow Modern Healthcare's Pinterest board Modern Healthcare's Flickr page Modern Healthcare's YouTube Channel Get a Modern Healthcare news feed

 
Comment Buy Reprints Print Article Share on LinkedIn Share on Facebook Share on Twitter Email this page to a colleague
Healthcare Business News
 

Health IT firm iMedicor acquires iPenMD


By Joe Carlson
Posted: January 25, 2013 - 2:00 pm ET
Tags:

Healthcare technology and consulting firm iMedicor, Nanuet, N.Y., has acquired iPenMD in an all-stock transaction with a private equity firm, saying the company's product will help physicians translate hand-written paper files automatically into electronic health records.

Advertisement | View Media Kit

 

The seller, private equity firm JTJ Capital, received 9 million shares in the deal, which iMedicor CEO Fred Zolla said was equivalent to roughly $600,000. iMedicor is traded on the over-the-counter market under the ticker symbol VMCI.

Zolla said iPenMD's product is a “digital pen system” that reads a physician's handwriting and converts patient chart notes into editable text that flows into the correct fields in any EHR system that is certified for meaningful use.


What do you think?

Share your opinion. Send a letter to the Editor or Post a comment below.

Post a comment

Loading Comments Loading comments...

Search ModernHealthcare.com:


 

Switch to the new Modern Healthcare Daily News app

For the best experience of ModernHealthcare.com on your iPad, switch to the new Modern Healthcare app — it's optimized for your device but there is no need to download.