IHS Health Information, Interpharm merge. IHS Health Information, Englewood, Colo., last week merged with Interpharm Press, also of Englewood, and Medical Data International, Santa Ana, Calif., for undisclosed terms. The new company, IHS Health Group, is a subsidiary of IHS Group and will provide information on compliance, coding, reimbursement and technology to several sectors of the healthcare industry.
Drug benefit companies plan e-links. Three major pharmacy benefit management companies-AdvancePCS, Express Scripts and Merck-Medco Managed Care-said last week that they plan to work together to develop electronic linkages among physician offices, pharmacies, managed-care companies and pharmacy benefit managers. The companies said they will build a single standardized channel for transactions among the parties and that the venture will improve patient safety and reduce costs.
Strong growth seen for IT services. Information technology professional services, such as management and outsourcing, will grow 19% between now and 2004 and will represent 57% of the worldwide professional services market by 2004, compared with 53% last year, according to a report released last week by Gartner, a Stamford, Conn.-based consulting firm. Though not specific to healthcare, the Gartner report follows an upswing in healthcare IT outsourcing. For example, both Henry Ford Health System, Detroit, and the University of Pennsylvania Health System, Philadelphia, recently entered major IT outsourcing agreements.
Cerner to purchase Apache assets. Cerner Corp., Kansas City, Mo., said earlier this month that it will acquire certain assets and liabilities of medical softwaremaker Apache Medical Systems, McLean, Va., for an undisclosed amount of cash. The deal is expected to close within 60 days, pending approval by Apache shareholders. Apache said it plans to pursue an `'alternate business growth" strategy upon completion of the transaction. Details of the deal were not disclosed.