The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

Stage

Acq - P2P | Acquired

Valuation

$0000 

About Per-Se Technologies

Per-Se Technologies provides financial and administrative healthcare solutions for hospitals, physicians and retail pharmacies.

Per-Se Technologies Headquarter Location

1145 Sanctuary Parkway Suite 200

Alpharetta, Georgia, 30004,

United States

(770) 237-4300

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Expert Collections containing Per-Se Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Per-Se Technologies is included in 1 Expert Collection, including Pharma Supply Chain.

P

Pharma Supply Chain

1,258 items

Latest Per-Se Technologies News

McKesson to Acquire Per-Se Technologies - Bio-IT World

Aug 15, 2019

McKesson to Acquire Per-Se Technologies McKesson fired the latest salvo in the intensifying battle to build comprehensive health-IT product and service lines by announcing Monday that it would acquire administrative systems vendor and transaction processor Per-Se Technologies for $1.8 billion in cash and debt assumption. The move gives McKesson, a San Francisco-based hospital systems vendor and giant of the pharmaceutical distribution industry, access to the rapidly expanding market for small physician offices and a coveted link between pharmacy and physician prescribing databases. It also combines the two largest vendors of scheduling software for hospital staff and facilities, according to a Per-Se spokesman. The companies say that Per-Se adds its 25 percent share of the U.S. market for hospital revenue-cycle management to McKesson’s IT division, which already includes inpatient and outpatient electronic medical records (EMR), pharmacy information, hospital management, and home-care software. Per-Se also brings data-processing relationships with 90 percent of the nation’s retail pharmacies, thanks to its acquisition of NDCHealth’s revenue-cycle management businesses early this year. (See NDCHealth to Be Sold and Split Up , Health-IT World News, August 30, 2005.) Per-Se has not offered clinical-IT since 2003, when it sold its inpatient EMR to Misys Healthcare Systems . “Per-Se expands our customer base with products and services that augment and strengthen McKesson’s solutions portfolio,” McKesson chairman and chief executive John Hammergren said in a written statement. “An increasingly complex reimbursement environment, a rapidly emerging market for physician office software, and the continued need for products and services to help our retail pharmacy customers compete more effectively and profitably, all create opportunities for McKesson to accelerate future growth.”  Company executives were not immediately available for further comment, but the Per-Se spokesman, who was not authorized to speak on the record, indicated that McKesson was quite interested in Per-Se’s physician practice management software as well as its substantial pharmacy database. Also, McKesson’s IT division is based near Per-Se’s corporate headquarters in Alpharetta, Ga. McKesson, which is 16th on this year’s Fortune 500 , claims $80.5 billion in annual revenues, mostly from distribution of pharmaceuticals and medical supplies. The addition of Per-Se could help unlock valuable data on physician prescribing habits, something that the drug industry has sought for years. “They clearly want to have a larger database on pharma use,” says Barry Chaiken, M.D., a former vice president of medical affairs for McKesson who is now a Boston-based healthcare consultant for Bearing Point . “There definitely is a relationship between what happens at the end-user … and what happens on the physician side.” The companies expect the deal to close early next year, during McKesson’s fourth fiscal quarter, but Chaiken wonders if the post-closing transition will be a smooth one. “The issue is whether McKesson will be able to integrate Per-Se,” he says. “Historically, McKesson has struggled with that, both on the distribution side and in the IT business.” Chaiken says that it took some time to iron out cultural differences when McKesson bought its way into the IT sector with its 1999 acquisition of HBO & Co. This would be McKesson’s third IT acquisition of the year, as various segments of the industry continue to consolidate. In June, the company absorbed RelayHealth, a provider of secure, online communications between physicians and patients. A month earlier, McKesson purchased HealthCom Partners, a patient billing service. Last year, McKesson paid $105 million for Israel-based cardiac information systems vendor Medcon. A number of competitors have been active in the M&A market as well. Notable deals in the past year include GE Healthcare  taking over IDX Systems and, on the ambulatory side, Allscripts merging with A4 Health Systems. As recently as September, Emdeon its practice services division to British firm The Sage Group . View Next Related Story

  • Where is Per-Se Technologies's headquarters?

    Per-Se Technologies's headquarters is located at 1145 Sanctuary Parkway, Alpharetta.

  • What is Per-Se Technologies's latest funding round?

    Per-Se Technologies's latest funding round is Acq - P2P.

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