Eclipsys completes $45M acquisition of MediNotes

Eclipsys to merge MediNotes technologies with its own now that merger is complete. Image Source: Eclipsys.

Eclipsys has completed its acquisition of MediNotes, a provider of physician practice information solutions, making it a wholly owned subsidiary.

In September, the Atlanta-based Eclipsys announced its definitive agreement to acquire MediNotes to support its strategy of providing solutions that help health systems better connect with physicians, and physicians with their patients.
    
The agreement and plan of merger entered into by Eclipsys and MediNotes called for Eclipsys to pay approximately $45 million in the transaction, consisting of 39 percent cash and 61 percent Eclipsys common stock, in exchange for the acquisition of MediNotes and the retirement of certain arrangements surviving from the acquisition by MediNotes of Bond Technologies, and affiliates in February of this year.

The West Des Moines, Iowa-based MediNotes’ web-based practice management and EMR solutions provide health systems with ways to improve care coordination and expand relationships with loosely affiliated physicians, according to Eclipsys.

Eclipsys said it will formally launch the MediNotes solutions and outline its community strategy at the Eclipsys User Network outcomes conference this week in Atlanta.