Merge Healthcare Incorporated develops enterprise imaging software solutions that facilitate the management of images to create a more effective and efficient electronic healthcare experience for patients and physicians. Segments The company operates under two segments, Merge Healthcare and Merge DNA (Data and Analytics). The Merge Healthcare segment markets, sells, and implements interoperability, imaging, and clinical solutions to healthcare providers. This segment primarily generates revenue from the sale of software (including upgrades), hardware, professional services, maintenance and electronic data interchange (EDI) services. The Merge DNA segment focuses on data capture software for clinical trials and other solutions. Product Portfolio The company provides a range of products and services to its customers, including the following: Image Interoperability Platform iConnect Enterprise Archive; iConnect Access Enterprise Viewer: This interoperability and connectivity platform enables hospitals, imaging centers, Integrated Delivery Networks and Health Information Exchanges to create image archives and exchanges within their environments and with other entities. This platform provides access to imaging and diagnostic data across disparate sites, geographies, specialties and providers. This solution enables providers to expedite care, reduce duplicate exams, consolidate infrastructure and limit the expenses associated with moving, managing and storing diagnostic content and results. iConnect Network: An advanced interoperability network that allows hospitals and imaging centers to exchange radiology results with access to diagnostic quality images without having to build expensive point-to-point HL7 interfaces. Honeycomb Archive: A cloud-based, multi-tenant image archive that provides disaster recovery/business continuity services for hospitals, imaging centers, and physician practices. Clinical and Financial Information Systems Digital Imaging Solutions: Picture Archiving and Communication Systems (PACS), specialty workstations and related applications manage the image workflow of a medical enterprise. PACS can be used by any medical imaging provider at a hospital or outpatient imaging site. The company offers PACS solutions for general image review and management, specialty solutions for cardiology, orthopaedics, ophthalmology, mammography and oncology, and add-on modules like referring physician portals and critical test results reporting. The company also offers its eFilm Workstation for general radiology reading and CADstream workstations for specialty reading of magnetic resonance imaging (MRI) breast, liver and prostate studies. Clinical information systems: These systems provide a complete electronic record of a medical procedure across various specialties – including Merge OrthoEMR for orthopaedics, and Merge RIS for radiology. Revenue Cycle Management: The company offers software and services for the revenue cycle management of physician practices. These solutions can be used across physician specialties, but its solutions are most commonly used by radiology practices, imaging centers and billing services. Software Development Toolkits, Technologies and Platforms Merge toolkits, technologies and platforms provide software developers with the necessary resources to assist in the timely development of new products and enhance existing products. They can be used by original equipment manufacturer (OEM), medical device manufacturer, RIS/PACS or general healthcare IT vendors. The company offers development toolkits in the basic standards of medical imaging and information interoperability, as well as advanced toolkits and unfinished applications for specialized medical image review and distribution. Hosted Software Solutions for Clinical Trial Data Management The company provides hosted software solutions for the collection, aggregation, analysis, reporting and overall management of clinical trials information. These solutions can be sold to sponsors of clinical trials, including pharmaceutical companies, contract research organizations (CRO) or imaging core labs. The company’s solutions include electronic data capture (EDC), interactive voice/web response (IVR/IWR) and electronic patient reported outcomes (ePRO) software and devices. Research and Development Total expenditures for the development and enhancement of the company’s solutions were approximately $32.4 million during 2013. Sales and Marketing The company’s executive sales and marketing management is located in Chicago, Illinois, while its sales team is deployed across the U.S. and worldwide. Significant Events In November 2014, Merge Healthcare Incorporated announced a strategic partnership with NextGen Healthcare, a wholly owned subsidiary of Quality Systems, Inc. Competition The company’s principal competitors in the healthcare solutions and services market include General Electric (Healthcare), McKesson Corporation, Fuji, Philips, Carestream, and Agfa. History Merge Healthcare Incorporated, a Delaware corporation, was founded in 1987.
merge healthcare inc (MRGE:NASDAQ GS)
350 North Orleans Street
Chicago, IL 60654
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