Merge Healthcare Incorporated develops software solutions that facilitate the sharing of images to create an electronic healthcare experience for patients and physicians. Segments The company operates under two segments, Merge Healthcare and Merge DNA (Data and Analytics). Merge Healthcare This segment markets, sells and implements interoperability, imaging, and clinical solutions to healthcare providers. This segment primarily generates revenue from the licensing of software (including upgrades), the sale of hardware, professional services, maintenance and electronic data interchange (EDI) services. Merge DNA This segment focuses on the marketing and sale of data capture software for clinical trials and related solutions. This segment generates revenue from software, through both on-premise licensing and hosting arrangements, and professional services. Product Portfolio The company provides a range of products and services to its customers, such as: Image Interoperability Platform iConnect Enterprise Archive; iConnect Access Enterprise Viewer: An interoperability and connectivity platform that enables hospitals, imaging centers, Integrated Delivery Networks and HIEs 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 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 electronically manage in-bound medical imaging referrals and distribution of results to referring physicians without having to build expensive point-to-point HL7 interfaces. iConnect Cloud Archive: A cloud-based, multi-tenant image archive that provides disaster recovery/business continuity services for hospitals, imaging centers, and physician practices. iConnect Retinal Screening: A software solution for the screening of chronic visual diseases. This solution allows providers to have access to specialized eye care. 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 could 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, orthopedics, 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 orthopedics and Merge RIS for radiology. Revenue Cycle Management: The company offers software and services for the revenue cycle management of physician practices. These solutions could be used across various physician specialties, but its solutions are most commonly used by radiology practices, imaging centers and billing services. Merge One: A cloud-based radiology solution for ambulatory imaging businesses to power a practice’s entire workflow. 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 improve existing products. They could be used by original equipment manufacturers (OEMs), 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 could 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. Growth Strategy The company’s strategy is to be a major provider of enterprise imaging and interoperability solutions and services that improve the exchange of healthcare information. Competition The company’s principal competitors in the healthcare solutions and services market include General Electric, 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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