Healthvision entered a definitive agreement to acquire the assets of MediSolutions healthcare products and services division in a $49.5 million deal.
Irving, Texas-based Healthvision develops software for the healthcare industry. The company said in a news release that it will use Montreal, Quebec-based MediSolutions healthcare division to expand into the Canadian market. The sale includes MediSolutions suite of electronic health-record systems, patient management, clinical-department systems, laboratory information systems and public-health and community-care products. The acquisition does not include MediSolutions resource-management and blood-bank businesses.
Healthvision said it expects to close the deal in 45 days, subject to an approval process.