Wolters Kluwer Health to Acquire Health Language, Inc., a

Wolters Kluwer Health to Acquire Health Language, Inc., a Leader in
the Medical Terminology Management Market 
Company Eases Meaningful Use & Clinical Decision Support Adoption for
Hospitals, EMRs and Payers 
ALPHEN AAN DEN RIJN, THE NETHERLANDS -- (Marketwire) -- 10/17/12 --
Wolters Kluwer Health, a leading provider of information and business
intelligence for professionals, students and institutions in
medicine, nursing, allied health and pharmacy, announced today
that
it has entered into an agreement to acquire Health Language, Inc., a
leader
in Medical Terminology Management (MTM), a rapidly growing
segment of the point-of-care market. The acquisition is part of
Wolters Kluwer Health's strategy to continually enhance its
leadership position in the point of care market by providing
customers with access to a comprehensive set of evidence-based
disease
and drug information knowledge platforms and robust software
solutions. 
Health Language's medical content terminology databases and software
solutions
enable hospitals, electronic medical record system
providers (EMRs) and payers
around the globe to manage, update and
map disparate medical vocabularies and
administrative codes used in
U.S. and international settings. MTM is expected to see rapid growth
as healthcare entities become increasingly interconnected and
the
need for sharing clinical data grows. This trend has been accelerated
by
Meaningful Use legislation in the U.S., promoting the use of
electronic health
records and evidence-based medicine to improve
quality standards in health care. 
"Medical terminology management is quickly emerging as a core
point-of-care market as hospitals, EMRs and payers are increasingly
focused on interoperability of systems to realize the advantages of
healthcare information
technology," said Arvind Subramanian, President
& CEO, Wolters Kluwer Health
Clinical Solutions. "Health Language has
built a leadership position in meeting
this important
interoperability need. This acquisition allows Wolters Kluwer
Health
to enhance its current market leading point-of-care solutions and
better
position its customers to fully leverage existing and emerging
healthcare quality and reimbursement initiatives. The acquisition also
provides Wolters
Kluwer Health with greater access to payers, key
customers for various Health
Language offerings." 
Health Language databases and software products include more than 180
standard
terminologies and proprietary content sets to enable easier
information sharing
across many healthcare information technology
systems. The company also provides
clinical content and professional
services to enable interoperability, web-based terminology mapping,
Meaningful Use compliance and ICD-10 conversion, a system of coding
created by the World Health Organization that is in various phases of
implementation worldwide. 
"Over the past 12 years, we have built trusted solutions for
healthcare providers, payers and EHR vendors to address data
management challenges- from
legislative measures and new care models,
to data analysis and enhanced decision
support," said George Schwend,
President and CEO of Health Language. "We are
energized by this new
chapter with Wolters Kluwer Health and look forward to
supporting
their focus on further extending their industry reach and
offering
the most robust point-of-care products and services
available in the market." 
The company's products and services are highly complementary with
those of Wolters Kluwer Health, which is an industry leader in
providing  a comprehensive
suite of point-of-care products and
services, including evidence-based clinical
disease and drug
information knowledge platforms, clinical documentation software and
clinical surveillance and pharmacy productivity software solutions. 
Health Language is headquartered in Denver, Colorado and has
approximately 85
employees. 
The transaction is subject to customary closing conditions, including
the receipt of required regulatory approvals. Terms of the acquisition
were not disclosed. For more information on Wolters Kluwer Health,
visit www.wolterskluwerhealth.com. For more information on Health
Language, visit www.healthlanguage.com. 
Triple Tree, LLC acted as exclusive advisor to Health Language,
Inc.. 
About Wolters Kluwer Health 
Wolters Kluwer Health (Philadelphia, PA) is a leading global provider
of information, business intelligence and point-of-care solutions for
the healthcare industry. Serving more than 150 countries and
territories worldwide,
Wolters Kluwer Health's customers include
professionals, institutions and students in medicine, nursing, allied
health and pharmacy. Major brands include
Lippincott Williams &
Wilkins, Ovid(R), Medknow, UpToDate(R), Medi-Span(R), Facts &
Comparisons(R), Pharmacy OneSource(R), Lexicomp(R) and ProVation(R)
Medical. 
Wolters Kluwer Health is part of Wolters Kluwer, a market-leading
global information services company. Wolters Kluwer had 2011 annual
revenues of EUR3.4
billion ($4.7 billion), employs approximately
19,000 people worldwide, and maintains operations in over 40
countries across Europe, North America, Asia
Pacific, and Latin
America. 
Forward-looking Statements 
This press release contains forward-looking statements. These
statements may be identified by words such as "expect", "should",
"could", "shall", "will" and
similar expressions. Wolters Kluwer
cautions that such forward-looking statements are qualified by
certain risks and uncertainties that could cause
actual results and
events to differ materially from what is contemplated by
the
forward-looking statements. Factors which could cause actual
results to differ
from these forward-looking statements may include,
without limitation, general
economic conditions; conditions in the
markets in which Wolters Kluwer is engaged; behavior of customers,
suppliers, and competitors; technological developments; the
implementation and execution of new ICT systems or outsourcing; and
legal, tax, and regulatory rules affecting Wolters
Kluwer's
businesses, as well as risks related to mergers,
acquisitions, and divestments.
In addition, financial risks such as
currency movements, interest rate fluctuations, liquidity, and credit
risks could influence future results. The
foregoing list of factors
should not be construed as exhaustive. Wolters Kluwer
disclaims any
intention or obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise. 
PDF version of Press Release: http://hugin.info/130682/R/1649726/531967.pdf 
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
that: 
(i) the releases contained herein are protected by copyright and    
other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and     
originality of the information contained therein. 
Source: Wolters Kluwer NV via Thomson Reuters ONE 
[HUG#1649726] 
Contact: 
Media
Robert Dekker
+1 (215) 521 8928
robert.dekker@wolterskluwer.com 
Investors/Analysts
Meg Geldens
+31 (0)172 641 407
ir@wolterskluwer.com
 
 
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