HCA (NYSE:HCA), which operates 164 hospitals and 114 surgery centers in
20 states and England, today announced the signing of an agreement to
purchase PatientKeeper®, a leading provider of intuitive software and
mobile applications that help physicians access and work with patient
information.
PatientKeeper is a privately held company that provides applications for
physicians that run on an innovative architecture that overlay hospital
IT systems. These applications provide physicians with a set of
electronic tools to automate their day in a way that saves them time and
allows them to better focus on patient care.
For the past seven years, physicians at HCA-affiliated hospitals have
been using PatientKeeper to access a single view of their patients’
information across a variety of hospital systems, to streamline
workflow, and to help improve patient care. This purchase will
facilitate the continued development of HCA’s electronic health record
and enable HCA to provide physicians a number of capabilities, including
computerized physician order entry (CPOE), medication reconciliation,
and documentation. Furthermore, the combined companies will continue to
enhance and expand PatientKeeper product offerings.
“With its agreement to acquire PatientKeeper, HCA has taken an important
step toward the creation of an exceptional user experience for our
clinicians to interact with patients’ electronic health records to
provide and document care,” said Dr. Jonathan B. Perlin, HCA’s Chief
Medical Officer and President, Clinical Services Group. “Our combined
companies are positioned to provide a unique approach to the electronic
health record that will foster the safest and most effective care for
our patients.”
Dr. Jim Jirjis, HCA’s Chief Health Information Officer, added, “HCA is
investing in advanced, forward-looking informatics approaches to
healthcare to improve usability, quality, effectiveness and efficiency
of care. The acquisition of PatientKeeper is an important step in that
direction. It gives us important influence in the layer of the
electronic record that the doctor sees, creating an innovative platform
for workflow improvement.”
Following the completion of the sale, PatientKeeper’s current President
and Chief Executive Officer, Paul Brient, will serve as CEO of the
organization, which will operate as a wholly-owned subsidiary of HCA.
PatientKeeper’s approximately 160 employees will continue to serve the
company’s more than 100 clients and market its products from the
company’s headquarters in Waltham, Mass.
“We have worked closely with HCA for many years and our teams share a
passion for technology innovation that promotes continuous quality
improvement in a way that truly saves physicians time,” said Brient.
“This is an opportunity to align a software vendor with one of the
leading healthcare providers in the world. It gives us a platform that
will allow for real-time innovation and the opportunity to improve the
delivery of healthcare.”
PatientKeeper serves more than 58,000 physician users. PatientKeeper’s
intuitive software integrates with existing healthcare information
systems to create an effective solution for physicians. Its applications
include Charge Capture, Clinical Results Review, CPOE, eSignature,
Medication Reconciliation, NoteWriter and Sign Out.
HCA expects to complete the transaction later this year. Terms of the
agreement were not disclosed. Raymond James Health Care Banking acted as
financial advisor to PatientKeeper in this transaction.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the federal securities laws, which involve risks and
uncertainties. Forward-looking statements include statements that do not
relate solely to historical facts. Forward-looking statements can be
identified by the use of words like “may,” “believe,” “will,” “expect,”
“project,” “estimate,” “anticipate,” “plan,” “initiative” or “continue.”
These forward-looking statements are based on our current plans and
expectations and are subject to a number of known and unknown
uncertainties and risks, many of which are beyond our control, which
could significantly affect current plans and expectations and our future
financial position and results of operations. These factors include, but
are not limited to, the ability to consummate and realize the benefits
of the proposed acquisition as well as the risk factors described in our
annual report on Form 10-K for the year ended December 31, 2013 and our
other filings with the Securities and Exchange Commission. Many of the
factors that will determine our future results are beyond our ability to
control or predict. In light of the significant uncertainties inherent
in the forward-looking statements contained herein, readers should not
place undue reliance on forward-looking statements, which reflect
management’s views only as of the date hereof. We undertake no
obligation to revise or update any forward-looking statements, or to
make any other forward-looking statements, whether as a result of new
information, future events or otherwise.
All references to “Company” and “HCA” as used throughout this release
refer to HCA Holdings, Inc. and its affiliates.
HCA Holdings, Inc.
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Media Contact:
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