Wolters Kluwer Health, which provides medical content and educational services, will acquire Lexi-Comp, a vendor of clinical decision support services for hospital pharmacies and clinicians, for an undisclosed amount.
Wolters Kluwer, based in Philadelphia, is making a strong play for the hospital market with the Lexi-Comp buy and an earlier acquisition, Pharmacy OneSource. The latter firm sells a "software-as-a-service" solution that helps hospitals manage patient safety, compliance, and efficiency issues in their pharmacies.
In 2008, Wolters Kluwer acquired UpToDate, which provides an online resource to help physicians stay current with the latest medical knowledge. Lexi-Comp partnered with Wolters Kluwer to provide content to UpToDate.
Lexi-Comp, of Hudson, Ohio, supplies drug information and medical reference content to providers over the Internet or on mobile devices. It also publishes educational material for patients in 19 languages. Its customers include 1,500 hospitals around the world.
"Wolters Kluwer Health has focused heavily on building a robust suite of clinical decision support solutions for point-of-care use by healthcare professionals, and our acquisition of Lexi-Comp is very much aligned with this strategy," said Arvind Subramanian, President & CEO, Wolters Kluwer Health Clinical Solutions.
To learn more:
- see the press release
- read the Health Data Management article
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