Wakefield, MA-based Picis, a maker of Web-based software systems for hospitals, is being acquired by Ingenix, a healthcare intelligence and analytics company based in Eden Prairie, MN. Financial terms of the deal weren’t announced, but Ingenix says it will maintain the Picis office in Wakefield as well as its other operations in the U.S. and Europe. Picis’s software helps emergency departments, operating and recovery rooms, and intensive care units deliver clinical, financial, and operational results. The company says it has licensed its systems to more than 1,800 hospitals in 19 countries. Picis was founded in 1994 in Virginia and moved its headquarters to Massachusetts with its acquisition of Medical Systems Management in 2002.
Author: Gregory T. Huang
Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003.
Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.
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