Navigation Links
Health Systems Solutions Enters into Agreement to Acquire Emageon to Create Healthcare Technology Leader
Date:10/13/2008

Principal Shareholder Shows Continuing Commitment by Financing All Cash

Transaction Expected to Improve Speed-to-Market for Next Generation

Enterprise PACS

NEW YORK and BIRMINGHAM, Ala., Oct. 13 /PRNewswire-FirstCall/ -- Health Systems Solutions, Inc. (OTC Bulletin Board: HSSO) and Emageon Inc. (Nasdaq: EMAG) today announced the signing of a definitive agreement for HSS to acquire 100% of the stock of Emageon. The agreement was unanimously approved by their respective boards of directors as well as the Strategic Alternatives Committee of Emageon.

Under the terms of the agreement, HSS will acquire all outstanding shares of Emageon common stock for $2.85 a share, in an all cash transaction of approximately $62 million. The price represents approximately a 37% premium on Emageon's share price as of market close on Monday, October 13, 2008.

The consideration for the purchase is being financed by a facility of $85 million provided by Stanford International Bank Ltd, a member of the Stanford Financial Group and HSS' principal shareholder. The additional funds will be used for working capital and to fund growth initiatives. The financing will take the form of 6% Convertible Secured Debentures due 2013 with warrants to purchase up to 9 million shares of common stock.

"This transaction allows HSS to reach critical scale and positions us well for future growth. Our acquisition strategy is based upon using Emageon as our platform acquisition that will enable us to realize synergies from future acquisitions," said Stan Vashovsky, HSS' Chairman and CEO. "This transaction will offer us the ability to leverage Emageon's best-in-market products as well as broaden and strengthen our managemen
'/>"/>

SOURCE Health Systems Solutions, Inc.; Emageon Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related medicine news :

1. Nutraceutical to Present at Canaccord Adams Healthy Living Conference
2. Texas Back Institute Announces Nine for Your Spine for National Spine Health Day - October 16
3. Positive Picture of Independent Community Pharmacies Emerges With Release of 2008 NCPA Digest, Sponsored by Cardinal Health
4. Discovery Health is Expecting! Season Two of DELIVER ME is Due on Tuesday, November 11 at 10 PM ET/PT
5. Healthcare Resources Available in Difficult Times
6. Video: Just What the Doctor Ordered: Survey Shows Americans Adopting Healthier Lifestyles
7. CIO Healthcare Summit Announces Dates and VIP Delegates
8. 2008 HIMSS Davies Awards: Nation's Outstanding Healthcare Organizations Recognized
9. UNC receives $8.5 million for new public health preparedness research center
10. Free Clinics Now Providing Healthcare Solutions to the Uninsured
11. HealthSouth Announces Plans to Build New Hospital in Arizona
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/1/2015)... CA (PRWEB) , ... August 01, 2015 , ... Have you ever wondered what “Karma” ... when you hear the word “Karma.” , Vedic tradition, which gave birth to Hinduism, ... is one of the central concepts of this tradition. According to the wisdom of this ...
(Date:8/1/2015)... ... ... Calvary Hospital today announced that it is embarking on a yearlong restoration ... bring this Torah – dating from 1880 – back to kosher status, so that ... Scroll No. 515, from the town of Taus-Domazlice, is on permanent loan to Calvary ...
(Date:8/1/2015)... ... ... Brig and Lita Hart, icons of the network marketing industry and founders of the ... HOPE Movement of EvolvHealth. In what has been a long-term relationship between the companies ... missions of purpose together to change the course of the network marketing industry. , ...
(Date:8/1/2015)... NY (PRWEB) , ... August 01, 2015 , ... On ... cyberespionage group , who are thought to have been behind the attack on Anthem ... topics covered were zero day exploits, watering hole attacks and spear phishing campaigns. ...
(Date:8/1/2015)... ... , ... BeverlyD, owner and founder of BeverlyD Luxe Organic Hair Care, has ... business donation to kick off the campaign for healing and Well-Being. , BeverlyD has ... complete line of raw, organic hair care products, as well as her book, Hair ...
Breaking Medicine News(10 mins):Health News:Nithyananda Yoga Foundation to Conduct Global Webinar on Karma at No Charge on August 1st 2Health News:Calvary Hospital Announces Plans to Restore Historic Torah 2Health News:Calvary Hospital Announces Plans to Restore Historic Torah 3Health News:Looking for HOPE? Healthy Home Has Evolv’d 2Health News:Looking for HOPE? Healthy Home Has Evolv’d 3Health News:Frenemy at the Gates - Hackers Excel at Leveraging Trust 2Health News:Frenemy at the Gates - Hackers Excel at Leveraging Trust 3Health News:Frenemy at the Gates - Hackers Excel at Leveraging Trust 4Health News:March4thforWellBeing Foundation Kickoff 2
... HealthDay Reporter , MONDAY, Nov. 15 (HealthDay News) ... lifestyle changes that experts say could prevent most cases of ... people found that only .01 percent followed all seven health ... for living long healthy lives. The so-called "Life,s Simple ...
... a new function in the liver Specific, ... have recently been linked to fat (lipid) levels in the ... of the major arterial blood vessels that is a main ... gene in this region of chromosome 8 is TRIB1, but ...
... it comes to food labels, and will eat more of ... a new study in the Journal of Consumer Research ... Aradhna Krishna (University of Michigan) found that inconsistent portion sizes ... "In this context of large portion sizes and consumer uncertainty ...
... Doctors may be able to monitor stroke risk in pacemaker ... heartbeat called atrial fibrillation, new research suggests. This ... patients with doubled stroke risk, the study team said. Armed ... the likelihood of stroke, they said. Most episodes of ...
... robotic arm alongside 3-D mapping, is due to take place ... months after Dr Andre Ng carried out the first ever ... Dr Ng, is senior lecturer at the University ... On Tuesday 16 November, Dr Ng will be ...
... measures of the blood biomarker cardiac troponin T (cTnT), a ... the development of heart failure or cardiovascular death in older ... December 8 issue of JAMA . The study is ... the American Heart Association,s annual meeting. "Older adults comprise ...
Cached Medicine News:Health News:Few Make Lifestyle Changes that Could Keep Their Heart Healthy 2Health News:Few Make Lifestyle Changes that Could Keep Their Heart Healthy 3Health News:JCI online early table of contents: Nov. 15, 2010 2Health News:JCI online early table of contents: Nov. 15, 2010 3Health News:JCI online early table of contents: Nov. 15, 2010 4Health News:JCI online early table of contents: Nov. 15, 2010 5Health News:JCI online early table of contents: Nov. 15, 2010 6Health News:Guiltless gluttony: Misleading size labels lead to overeating 2Health News:Robo-op marks new world first for heart procedure 2Health News:Biomarker may be able to help predict risk of heart failure, cardiovascular death 2Health News:Biomarker may be able to help predict risk of heart failure, cardiovascular death 3
(Date:7/30/2015)... DIEGO, July 30, 2015  ResMed Inc. (NYSE: ... June 30, 2015.  Revenue for the quarter was $453.1 ... ended June 30, 2014 (a 17 percent increase on ... consistent with the quarter ended June 30, 2014.  Diluted ... with the quarter ended June 30, 2014.  ...
(Date:7/30/2015)... July 30, 2015  Today we bring you a special edition of #MedicareMonday on ... you about some of our Medicare resources and continue highlighting the success of the ... Check out our latest infographics and videos here: http://onphr.ma/1INp9qQ ... ... ...
(Date:7/30/2015)... July 30, 2015  Amgen (NASDAQ: AMGN ... quarter of 2015. Key results include: , ... quarter of 2014 to $5,370 million, with 6 ... ® (etanercept), Prolia ® (denosumab), Sensipar ... XGEVA ® (denosumab). Unfavorable changes in foreign ...
Breaking Medicine Technology:ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 2ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 3ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 4ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 5ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 6ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 7ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 8ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 9ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 10ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 11ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 12ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 13ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 14ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 15ResMed Inc. Announces Results for the Fourth Quarter and Fiscal Year 2015 16Happy 50th Anniversary Medicare! 2Happy 50th Anniversary Medicare! 3Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 2Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 3Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 4Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 5Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 6Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 7Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 8Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 9Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 10Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 11Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 12Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 13Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 14Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 15Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 16Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 17Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 18Amgen's Second Quarter 2015 Revenues Increased 4 Percent To $5.4 Billion And Adjusted Earnings Per Share (EPS) Increased 8 Percent To $2.57 19
... , WASHINGTON, Dec. 17 ... is adding new meaning to the word "relief" this Christmas ... American Development Foundation,s (PADF) request for cash assistance that allows ... that are still recovering from hurricanes and to the country,s ...
... A 58-year-old man who lives in Corona, Queens came to the emergency ... in his left arm. Although he did not realize it at ... as the first patient in the United States to be treated for ... tumor, and today his recovery is going well. Known as brachytherapy, ...
Cached Medicine Technology:Pitcher Joaquin Benoit, PADF Team Up to Send a Much-Needed Christmas Present to Haiti's Hospitals 2Novel Radiation Therapy to Treat Lung Cancer Used for the First Time in United States, at New York Hospital Queens 2Novel Radiation Therapy to Treat Lung Cancer Used for the First Time in United States, at New York Hospital Queens 3
Superior Skin Care...FlexWear skin barrier provides skin protection for an extended wear time....
Protects skin from corrosive drainage with the standard wear, FlexWear skin barrier. Convenient: accommodates stomas up to 102 mm; wide bottom opening permits hand access; attached pouch closure....
FlexWear is a cross-linked hydrocolloid skin barrier that provides aggressive adherence and is designed for more than one day weartime....
Inquire...
Medicine Products: