Sage takes a $565 million shot at medical software

Iria · Aug 9, 2006, 08:55 PM

Source: ZDNet
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Accounting software company Sage Group said Wednesday that its parent company is venturing into the health care field with the $565 million acquisition of Emdeon Practice Services, which makes software for doctors' offices.

Sage said the cash deal is expected to close by September, subject to regulatory approval.

EPS, formerly known as WebMD, makes practice management and patient data maintenance software and services 20,000 small- to medium-size doctors' offices.

Aug 9, 2006, 08:55 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Sage takes a $565 million shot at medical software Source: ZDNet __________ Accounting software company Sage Group said Wednesday that its parent company is venturing into the health care field with the $565 million acquisition of Emdeon Practice Services, which makes software for doctors' offices. Sage said the cash deal is expected to close by September, subject to regulatory approval. EPS, formerly known as WebMD, makes practice management and patient data maintenance software and services 20,000 small- to medium-size doctors' offices.