Perot Systems Corp., Plano, Texas, said it has acquired Newton, N.J.-based Tellurian Networks, a managed-services hosting provider of electronic health records and practice-management applications to physician groups. Financial terms of the deal were not available, according to a spokesman for Perot Systems. All of Tellurians associates in the companys Newton and Los Angeles locations will join Perot.
Established in 1995, Tellurian now has 94 clients at 565 practice locations, which represent about 13,000 physicians. In a news release about the transaction, Perot Systems said it acquired Tellurian to broaden its reach into a greater component of the physician practice group market.
The managed services hosting model for medical applications is an attractive fit to our existing healthcare IT implementation and consulting business, Chuck Lyles, president of the Perot Systems healthcare group, said in the release. Our physician solutions and revenue-cycles solutions groups can now offer small physician practices lower-cost alternatives to traditional integrated solutions.
Perot Systems said it reported revenue of $2.6 billion in 2007 and has 23,000 associates in the Americas, Asia Pacific, Europe and the Middle East.