Software solution to medical errors

Article Abstract:

Datavision-Prologix, PA, is offering wireless bar-coding systems for hospital inventories. Shared Medical Systems produces automated medication software to reduce medical errors in drug prescription.

Prepackaged software, Software Publishers, Product introduction, Computer peripheral equipment, not elsewhere classified, Other Computer Peripheral Equipment Manufacturing, Key-Verifiers, Health Practitioner Software Pkgs (Micro, Brief Article, Bar code scanners, Shared Medical Systems Corp., SMED, Medical practice software, Datavision-Prologix

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IMS Health being acquired by TriZetto Group

Article Abstract:

TriZetto Group Inc. will acquire Westport, Conn.-based IMS Health Inc., which is a pharmaceutical-industry information company, for about at $4.9 billion. Newport Beach, Calif.-based TriZetto, which is an Internet health-care company, will improve IMS' market position in the areas of electronic commerce, health-care information services and market research.

Asset sales & divestitures, Acquisitions & mergers, Computer Systems Design and Related Services, Contract Software & Services, Data Processing Services, Specialized Computer Services, Data processing and preparation, Computer integrated systems design, Information technology services, Software support services, IMS Health Inc., TriZetto Group Inc.

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Genesis obtains reprieve on debt

Article Abstract:

Kennett Square, Penn.-based Genesis Health Ventures Inc., which is behind in debt payments to a group of lenders led by Mellon Bank, has been granted a sixty day extension for a $3.8 million senior debt interest payment. Genesis Health has hired Merrill Lynch and Co. to study a restructuring of the health care company's assets.

Commercial Banks, Commercial Banking, Securities Dealers, Investment Banking and Securities Dealing, Use of services, Financial management, New orders received, Security brokers and dealers, Nursing & Rest Homes, Nursing and Residential Care Facilities, Nursing and Personal Care Facilities, Merrill Lynch and Company Inc., Nursing homes, MER, Genesis Health Ventures Inc., Mellon Bank Corp., GHV, MEL

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