Tuesday, 7 April 2009

McKesson Solution “Builds Strength” with Acquisition of LMS Software

LMS Medical Systems (LMZ - TSX)
Shares outstanding: 25.8m
Fully Diluted: 30.7 million

Today, McKesson formally announced its agreement with LMS Medical Systems to purchase its Clinical Information System (CIS). In its news release McKesson acknowledges that its Horizon Clinicals ® has been strengthened by the acquisition of LMS’ OB surveillance and archival solution. Currently being marketed by McKesson as Horizon Perinatal Care™ it is already used by more than 60 customers in the United States.
The company states that Horizon Perinatal Care is the first and only OB/perinatal information solution designed to support continuity of care between labor and delivery and other areas in the hospital.

To read the full release, please click here