The Healthcare Information and Management Systems Society, Chicago, in a bid to diversify its operations and broaden its publication reach, increased its ownership of MedTech Media, HIMSS President and CEO Stephen Lieber said. HIMSS previously held a 30% stake in the New Gloucester, Maine-based MedTech, which increased to 77% as part of the deal, Lieber said. Terms of the deal were not disclosed.
MedTech’s remaining owners are its employees and governing board members, he said. Lieber said the move will allow the association to publish resources for an audience that is larger than its membership base and diversify its operations. HIMSS also sold its advertising-based publications, including Government Health IT, to MedTech, he said.