Healthcare Business News

Pacsgear acquired by Lexmark International

By Rachel Landen
Posted: October 7, 2013 - 2:30 pm ET

Lexmark International acquired Pacsgear for about $54 million in cash.

Pacsgear, based in Pleasanton, Calif., supplies healthcare providers with connectivity services that allow them to capture, manage and share medical images and documents and integrate them with picture archiving and communication systems and electronic health-record systems.

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Pacsgear will become part of Lexmark subsidiary Perceptive Software. Perceptive Software's healthcare content management and workflow systems and vendor-neutral archive platform, Lexmark said in a news release, will work in unison with Pacsgear technology to transfer images and information across facilities.

“As the healthcare industry continues to digitize its differing forms of content, from X-rays and MRIs to insurance forms, providers are struggling to deploy solutions that will help manage their unstructured information challenge,” Paul Rooke, chairman and CEO of Lexington, Ky.-based Lexmark, said in the release. “The acquisition of Pacsgear further differentiates Lexmark's solutions by better enabling healthcare organizations to capture and process digital content, and then ensure it is connected with the applications and people that need it most so they can deliver the best patient care possible.”

Follow Rachel Landen on Twitter: @MHrlanden

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