RESTON, Va.--(BUSINESS WIRE)--QuadraMed® Corporation, a leading provider of healthcare technologies and services that improve the quality, safety and efficiency of patient care, today announced it has closed a definitive agreement with NCR Corporation (NYSE:NCR) to acquire NCR healthcare solutions, including its market-leading MediKioskTM patient access software, NCR Payment Manager, Patient Portal, Patient Tracking, Physician Referral Portal and eForms software solutions. Financial terms of the deal were not disclosed. The healthcare solutions acquired by QuadraMed automate and streamline routine patient interactions, resulting in improved workflow, increased revenue and an increase in patient satisfaction.
"This addition to QuadraMed's portfolio is a logical extension of our existing Access and Identity Management offerings," said Duncan W. James, QuadraMed CEO. "NCR's healthcare solutions will improve our clients' ability to meet the increasing demand for patients to control and self-direct their healthcare experience at hospitals, clinics and physician practices. When combined with our #1 in KLAS Identity Management solutions and our proven enterprise scheduling capabilities, QuadraMed will advance its mission of improving the quality and efficiency of care for healthcare providers."
Under the terms of the agreement, NCR Corporation has entered into a reseller agreement with QuadraMed to provide hardware and self-service devices for its check-in and identification management solutions.
"In this rapidly changing and complex healthcare environment, our clients will gain the advantage of QuadraMed's broader healthcare portfolio and dedicated industry focus," said John Bruno, NCR Chief Technology Officer and executive vice president, Corporate Development. "Transitioning this business to QuadraMed is great for our customers, healthcare division employees, and shareholders as NCR continues our efforts to focus on growing our core industries and global services and support business."
NCR's healthcare employees who sell, develop, and service these solutions will join QuadraMed on January 5, 2012 and will remain in Lake Mary, Florida, and Hyderabad, India.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR's assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, entertainment, gaming, public sector, telecom carrier and equipment organizations in more than 100 countries. NCR (http://www.ncr.com/) is headquartered in Duluth, Georgia.
About QuadraMed Corporation
QuadraMed® is a leading provider of award-winning healthcare technologies and services that improve the safety and quality of patient care and enable financial health. Founded in 1993, QuadraMed provides proven, flexible solutions that help make our clients successful by streamlining processes, increasing productivity and driving positive clinical outcomes. Behind the Company's products and services is a staff of 600 professionals who support clients at over 2,000 healthcare provider facilities. For more information about QuadraMed, visit http://www.quadramed.com.
QuadraMed is a registered trademark of QuadraMed Corporation. All other trademarks are the property of their respective holders. NCR is a trademark of NCR Corporation in the United States and other countries.
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