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Founded Year

1995

Stage

Acq - P2P | Acquired

Total Raised

$30.67M

Valuation

$0000 

Revenue

$0000 

About Amicas

AMICAS is engaged in radiology and medical image and information management solutions. The AMICAS ONE Suite aims to provide a complete, end-to-end solution for imaging centers, ambulatory care facilities, and radiology practices. Acute care and hospital clients are provided with a fully-integrated, HIS/RIS-independent PACS, featuring advanced enterprise workflow support and scalable design.

Headquarters Location

1210 Washington Street Suite 400

Newton, Massachusetts, 02460,

United States

617-244-1141

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Latest Amicas News

Emageon acquired by Amicas, settles shareholder suit

Sep 27, 2019

Amicas, a provider of radiology and medical image and information management solutions, has completed its acquisition of Emageon—which settled a shareholder class action lawsuit in order to finalize the merger. In February, Amicas reported that one of its subsidiaries had commenced a tender offer to acquire all the outstanding shares of Emageon's common stock for approximately $39 million. As a result of the statutory merger completed Wednesday, Amicas now owns 100 percent of Birmingham, Ala.-based Emageon. Amicas had previously purchased 88 percent of  Emageon common stock pursuant to the tender offer, which expired on April 1. Pursuant to the merger, Emageon shareholders who did not tender their shares (other than those shareholders who properly exercise their dissenters' rights), will receive the same $1.82 per share in cash, without interest and less any required withholding taxes, that was paid to shareholders in the tender offer. On March 27, Emageon said that it and the other named defendants in a putative class action lawsuit filed by its shareholders on March 13, in connection with the proposed acquisition of Emageon by Amicas, have entered into a memorandum of understanding with counsel for the plaintiff. Under the terms of the memorandum, the parties have agreed to settle the lawsuit, subject to court approval, at which time the lawsuit will be dismissed with prejudice. Emageon and the other defendants maintain that the lawsuit is "completely without merit." Nevertheless, to avoid costly litigation and eliminate the risk of any delay to the closing of the tender offer and subsequent merger, the defendants have agreed to the settlement contemplated in the memorandum, according to Emageon. The Boston-based Amicas said that the combined solution suite will include radiology PACS, cardiology PACS, RIS, cardiology information systems, revenue cycle management systems, referring physician tools, business intelligence tools and EMR-enabling enterprise content management capabilities. With the completion of the merger, Emageon has become a wholly owned subsidiary of Amicas, and Emageon shares will cease to be traded on the Nasdaq Global Market. Subscribe to Health Imaging News The free newsletter covering the top medical imaging headlines Email

Amicas Frequently Asked Questions (FAQ)

  • When was Amicas founded?

    Amicas was founded in 1995.

  • Where is Amicas's headquarters?

    Amicas's headquarters is located at 1210 Washington Street, Newton.

  • What is Amicas's latest funding round?

    Amicas's latest funding round is Acq - P2P.

  • How much did Amicas raise?

    Amicas raised a total of $30.67M.

  • Who are the investors of Amicas?

    Investors of Amicas include Merge Healthcare, VitalWorks, Portage Venture Partners, Dell EMC, Beringea and 6 more.

  • Who are Amicas's competitors?

    Competitors of Amicas include Abaxis, Applied Spectral Imaging, Fenwal, Micronics Microfluidics, Inoveon and 7 more.

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