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Meditech

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Medical Information Technology, Inc.
Company typePrivate company
IndustryHealth informatics
Founded1969
Founders
HeadquartersWestwood, Massachusetts, USA
Key people
  • Lawrence A. Polimeno (Vice-Chairman)
  • Howard Messing (Vice-Chairman)
  • Michelle O'Connor (President and CEO)
ProductsSoftware
Revenue$493.8 million (2019)[1]
Websitewww.meditech.com

Medical Information Technology, Inc., shortened to Meditech, is a privately held Massachusetts-based software and service company that develops and sells information systems for healthcare organizations.[2]

History

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In 1969, Neil Pappalardo began developing the programming language MIIS. This was one of several proprietary implementations of MUMPS, a programming language which had not yet been standardized.

In July of that year, Pappalardo, Morton E. Ruderman, Curtis W. Marble, Jerome H. Grossman, and Edward B. Roberts founded the company, with a $500,000 investment from EG&G.[3][4] Between 1971 and 1979, Pappalardo developed various other systems, but those associated with integrated healthcare information remained his primary focus.[5]

In 1982, Meditech adopted the then-new MAGIC operating system/programming language for its health care information systems. In 1994, the company adopted client/server, a second software platform. While client/server utilized the same programming language, MAGIC runs all code on a central server, and clients are in effect dumb terminals. Client/server executes the code on a user's PC, although all code remained centralized. Client-server supports only Microsoft Windows-based operating systems. Meditech announced its version 6.0 in 2006.[5]

In 2003, Howard Messing was named president, and in 2010 became chief executive officer.[citation needed]

MEDITECH announced the launch of Expanse, the company’s mobile, web-based EHR, on February 27, 2018.[6]

On January 29, 2020, Meditech announced the launch of Expanse Patient Care, a web-based application software that allows nurses and therapists to conduct administrative tasks through a mobile device.[7]

In 2021, Michelle O’Connor was named president and chief executive officer.[8][9]

Acquisitions

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In 2007, Meditech acquired Patient Care Technologies, Inc. (PtCT) and the merger was completed effective December 31, 2009.[10][11]

In 2011, Meditech acquired LSS Data Systems, Inc. (LSS) after partnering since 1982. The merger was completed effective December 31, 2013.[11]

Meditech acquired UK-based Centennial Computer Corporation in 2018.[12]

Products and services

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MEDITECH Expanse, a web-based application showing patient history.[13]

Meditech offers software for healthcare organizations of various types and sizes. Some of the software modules include: Health Information Management, Revenue Cycle, Scanning and Archiving, Scheduling and Referral Management, as well as others.[14]

Partnerships

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Meditech South Africa, founded in 1982, provides software and services to the healthcare industry in Africa and the Middle East.[15] On June 6, 2012, Meditech announced its partnership with Intelligent Medical Objects to provide mapping of clinician-friendly diagnosis and procedure terminologies to billing codes and medical concepts.[16]

Locations

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Meditech owns several facilities in eastern Massachusetts, located in Westwood, Canton, Fall River, and Foxborough. Meditech also has a facility in Atlanta, Georgia that was the former offices of Patient Care Technologies (PtCT),[17] which is chiefly responsible for the company's Home Care line of clinical and billing software.[18] Meditech also owns a building in Minnetonka, Minnesota along with global offices in the United Kingdom, South Africa, Australia, and Singapore.[19][20][21]

References

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  1. ^ "Form 10-K: Annual Report for the year ending December 31, 2019". Meditech. January 29, 2020. Retrieved June 8, 2020.
  2. ^ "2017 Brings Strong Momentum and Growth for MEDITECH". FOX 8, WVUE, fox8live.com, weather, app, news, saints. 2018-01-16. Retrieved 2018-02-23.
  3. ^ "Corporate Timeline". MEDITECH. 2013-11-15. Archived from the original on 2013-11-15. Retrieved 2018-02-22.
  4. ^ Joseph Conn (May 23, 2016). "Q&A: Meditech founder Pappalardo says invention was 'my overall destiny'". Modern Healthcare. Retrieved November 25, 2016.
  5. ^ a b "Pursuit of Excellence: MEDITECH Looks Back on 40 Years of I.T. Innovation". MEDITECH. 2009-09-09. Archived from the original on 2009-09-09. Retrieved 2018-02-23.
  6. ^ "Meet Expanse: MEDITECH's Next-Generation Platform" (Press release).
  7. ^ Meditech launches web-based EHR mobility tool for nurses, www.beckershospitalreview.com.
  8. ^ "Michelle O'Connor Named MEDITECH President and CEO". 13 July 2021.
  9. ^ "Meditech names Michelle O'Connor as its new CEO". Healthcare IT News. 2021-07-13. Retrieved 2024-11-25.
  10. ^ "Meditech to buy Patient Care Technologies". healthimaging.com. 2007-04-19. Retrieved 2024-10-11.
  11. ^ a b "10-K ANNUAL REPORT - 0-28092 - Medical Information Technology, Inc". www.sec.gov. United States Securities and Exchange Commission. 31 January 2018. Archived from the original on 8 March 2024. Retrieved 13 November 2024.
  12. ^ Report, H. T. (2018-12-18). "Meditech Acquisition Makes their Presence Known in UK/Ireland Markets | The Healthcare Technology Report". Retrieved 2024-10-11.
  13. ^ "Functionality Briefs". Meditech. Retrieved 2021-01-20.
  14. ^ "Product Set" (PDF). Meditech. Retrieved 29 December 2022.
  15. ^ "About MEDITECH South Africa". Meditech. Retrieved 13 November 2024.
  16. ^ "Meditech and IMO: Empowering Customers to Achieve Meaningful Use Stage 2". Press release (Press release). June 13, 2012. Retrieved November 25, 2016.
  17. ^ "Medical Information Technology, Inc. (MEDITECH) to Acquire Patient Care Technologies, Inc. (PtCT)". meditech.com. 18 April 2007. Archived from the original on 7 January 2016. Retrieved 12 December 2022.
  18. ^ Polimeno, Lawrence. "Merger Announcement from Lawrence A. Polimeno". meditech.com. Archived from the original on 7 January 2016. Retrieved 12 December 2022.
  19. ^ "Directions to MEDITECH". meditech.com. Retrieved 13 December 2022.
  20. ^ "MEDITECH's Global Impact". meditech.com. Retrieved 10 March 2023.
  21. ^ Gill, Arun (6 August 2020). "Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts and MEDITECH". signifyresearch.net. Signify Research. Retrieved 10 March 2023.