Cerner closes ADAC HCIS purchase

By staff writers

November 22, 2000 --

Healthcare information systems provider Cerner of Kansas City, MO, has completed its acquisition of ADAC Laboratories’ Health Care Information Systems business. Cerner purchased Houston-based ADAC HCIS for approximately $6 million in cash. Cerner expects that the acquisition will not dilute earnings in 2001, and will contribute positively to earnings by 2002.

While the functionality of ADAC’s QuadRIS offering and Cerner’s RadNet RIS will merge over time, Cerner will provide a technology and financial upgrade path for the products, according to Cerner chairman and CEO Neal Patterson. Cerner also plans to integrate PACS technology from ADAC’s Envoi suite of image management products into its HNA Millennium platform, Patterson said.

By staff writers
November 22, 2000

Related Reading

Cerner to buy ADAC’s information systems division, October 24, 2000

Cerner breaks $100 million revenue mark in Q3, October 13, 2000

ADAC plans to sell HCIS unit as Q4 results sag, October 10, 2000

Copyright © 2000


To read this and get access to all of the exclusive content on create a free account or sign-in now.

Member Sign In:
MemberID or Email Address:  
Do you have a password?
No, I want a free membership.
Yes, I have a password:  
Forgot your password?
Sign in using your social networking account:
Sign in using your social networking