7 Medical Systems, a Minnesota digital health firm which provides cloud-based technology solutions for healthcare, has acquired Brazilian health IT firmManager Consultoria em Informatica.
The terms of the acquisition were not disclosed.
7 Medical System’s technology offerings include on-demand digital imaging, revenue cycle management and electronic medical records.Manager Consultoria em Informaticaprovides practice management, EMR, radiology information systems (RIS) and picture archiving and communication systems (PACS) to hospitals and clinics in Brazil. The company with its 21 employees will operate as a wholly-owned subsidiary of 7 Medical.
“With a population of nearly 200 million people, Brazil is one of the world’s fastest growing major economies,” said Jason Studsrud, chief executive officer of 7 Medical Systems in a news release. “Manager Systems was a great match for us because of the alignment in strategy, market focus and similar product and service offerings. Besides opening up new markets, Manager Systems will enable us to expand our clinical and technical workforce in a more cost-effective and productive way.”
By Arundhati Parmar
Arundhati Parmar is the Medical Devices Reporter at MedCity News. She has covered medical technology since 2008 and specialized in business journalism since 2001. Parmar has three degrees from three continents - a Bachelor of Arts in English from Jadavpur University, Kolkata, India; a Masters in English Literature from the University of Sydney, Australia and a Masters in Journalism from Northwestern University in Chicago. She has sworn never to enter a classroom again.More posts by Author
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