Microsoft Buys Out Healthcare Software Company Sentillion
Microsoft Corporation (NASDAQ:MSFT) has acquired Sentillion, a healthcare software company. The financial terms were undisclosed. The deal will close in 2010.
“Microsoft and Sentillion share a vision of a connected health system in which the free and rapid flow of information, coupled with streamlined access to a hospital’s myriad healthcare applications, empowers doctors and nurses to perform their roles with greater insight, speed and effectiveness,” stated Microsoft corporate VP of the Health Solutions Group Peter Neupert. “As a result, our products and strategies are a natural fit. Joining efforts with Sentillion will allow us to amplify and accelerate the impact we can make in health IT and health globally.”
Sentillion software is used in over 1,000 hospitals across 160 healthcare organizations. Below is the full press release:
MICROSOFT DEEPENS INVESTMENT IN HEALTHCARE INDUSTRY WITH ACQUISITION OF SENTILLION
Companies combine efforts to make it easier for doctors and nurses to use IT to improve patient care
REDMOND, Wash. — Dec. 10, 2009 — Microsoft Corp. today announced that it intends to acquire Sentillion Inc., a privately held company specializing in software for the healthcare industry. Combining Sentillion’s products with Microsoft Amalga Unified Intelligence System (UIS) will make it easier for healthcare professionals to deliver better patient care by streamlining access to multiple IT applications and patient data.
Sentillion will continue to sell and support its products to new and existing customers while Microsoft invests in the long-term evolution of the combined portfolio of Sentillion and Microsoft health solutions. Sentillion will also continue to operate out of its corporate headquarters in Andover, Mass. The acquisition is expected to close in early calendar year 2010. Financial terms were not disclosed.
“Microsoft and Sentillion share a vision of a connected health system in which the free and rapid flow of information, coupled with streamlined access to a hospital’s myriad healthcare applications, empowers doctors and nurses to perform their roles with greater insight, speed and effectiveness,” said Peter Neupert, corporate vice president, Microsoft Health Solutions Group. “As a result, our products and strategies are a natural fit. Joining efforts with Sentillion will allow us to amplify and accelerate the impact we can make in health IT and health globally.”
“We’re excited to build on the powerful foundation we have built over the past decade in product development, sales and marketing, customer relationships, and execution excellence,” said Robert Seliger, CEO of Sentillion. “With its commitment to improving health and the global resources it brings to bear, Microsoft is the perfect partner to expand our efforts worldwide.”
By combining Sentillion’s context management and single sign-on technologies with Amalga UIS, a real-time data aggregation solution, Microsoft aims to give clinicians new insight about patients in real time and enable them to perform the appropriate task with unprecedented speed. At the same time, the workflow of clinicians will be simplified, allowing them to spend less time navigating different IT systems and more time with patients.
Microsoft Amalga UIS addresses a common and critical challenge of healthcare providers — integrating vast amounts of clinical, administrative and financial information that flow in and out of disparate information systems, and tailoring that information for use by physicians, analysts, laboratory technicians, nurses and administrators. Amalga UIS is in use at more than 115 hospitals in renowned U.S. health organizations, including the Johns Hopkins Health System, NewYork-Presbyterian Hospital, Novant Health and Seattle Children’s Hospital.
Sentillion’s technologies integrate all types of clinical, business and personal productivity applications, regardless of whether they are Web-based, Windows-based or legacy systems. More than 1,000 hospitals representing 160 healthcare organizations, ranging from single facilities to large, complex multistate health systems, use Sentillion’s solutions as a strategic part of their clinical IT infrastructure.
Since 1998, Sentillion has been revolutionizing healthcare IT with award winning, industry recognized identity and access management technology. Sentillion has successfully combined patented technology with a deep understanding of the healthcare industry to deliver a comprehensive set of solutions for single sign-on, identity management, clinical workstations and desktop virtualization. Recognized as the number one single sign-on (SSO) vendor in the KLAS Top 20: 2008 Year-End Report, Sentillion is the only identity and access management company whose solutions are used daily by over 500,000 caregivers in leading healthcare organizations across North America and Europe. Sentillion is a privately held company headquartered in Andover, Mass. For more information, visit Sentillion at http://www.sentillion.com.
About Microsoft in Health
Microsoft is committed to improving health around the world through software innovation. Over the past 12 years Microsoft has steadily increased its investments in health, with a focus on addressing the challenges of health providers, health and social services organizations, payers, consumers, and life sciences companies worldwide. Microsoft closely collaborates with a broad ecosystem of partners and develops its own powerful health solutions, such as Amalga and HealthVault. Together, Microsoft and its industry partners are working to advance a vision of unifying health information and making it more readily available, ensuring the best quality of life and affordable care for everyone.
Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
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Jen Spark, Ruder Finn, (617) 784-3245, email@example.com
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