Meditech Explained

Medical Information Technology, Inc.
Type:Private company
Foundation:1969
Industry:Health informatics
Location:Westwood, Massachusetts, USA
Revenue:$493.8 million (2019)[1]
Products:Software

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

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.

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

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

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.

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

Products and services

MEDITECH offers software for healthcare organizations of various types and sizes. Some of the software modules include: Expanse Patient Care, Physician Care Manager, MyHealth, Genomics, Expanse Navigator, Health Information Management, Revenue Cycle, as well as over 40 others.[13]

Partnerships

MEDITECH South Africa, founded in 1982, provides software and services to the healthcare industry in Africa and the Middle East.[14] 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.[15]

Locations

MEDITECH owns several facilities in eastern Massachusetts, located in Canton, Foxborough, Fall River, and Westwood. MEDITECH also has a facility in Atlanta, Georgia that was the former offices of Patient Care Technologies (PtCT),[16] which is chiefly responsible for the company's Home Care line of clinical and billing software.[17] MEDITECH also owns a building in Minnetonka, Minnesota along with global offices in The United Kingdom, South Africa, and Australia.[18] [19] [20]

Notes and References

  1. Web site: Form 10-K: Annual Report for the year ending December 31, 2019 . Meditech . January 29, 2020 . June 8, 2020 .
  2. Web site: 2017 Brings Strong Momentum and Growth for MEDITECH . FOX 8, WVUE, fox8live.com, weather, app, news, saints . January 16, 2018 . February 23, 2018.
  3. Web site: Corporate Timeline . MEDITECH . November 15, 2013 . https://web.archive.org/web/20131115195008/https://www.meditech.com/CorporateTimeline/homepage.htm . November 15, 2013 . live . February 22, 2018.
  4. News: Joseph Conn. Q&A: Meditech founder Pappalardo says invention was 'my overall destiny'. May 23, 2016. Modern Healthcare. November 25, 2016.
  5. Web site: Pursuit of Excellence: MEDITECH Looks Back on 40 Years of I.T. Innovation . MEDITECH . September 9, 2009 . https://web.archive.org/web/20090909022909/http://www.meditech.com/AboutMeditech/pages/newsmeditech40thanniversary.htm . September 9, 2009 . live . February 23, 2018.
  6. Meet Expanse: MEDITECH's Next-Generation Platform.
  7. https://www.beckershospitalreview.com/ehrs/meditech-launches-web-based-ehr-mobility-tool-for-nurses.html Meditech launches web-based EHR mobility tool for nurses
  8. News: Michelle O'Connor Named MEDITECH President and CEO. July 13, 2021.
  9. Web site: July 13, 2021 . Meditech names Michelle O'Connor as its new CEO . November 25, 2024 . Healthcare IT News . en.
  10. Web site: April 19, 2007 . Meditech to buy Patient Care Technologies . October 11, 2024 . healthimaging.com . en.
  11. Web site: 10-K ANNUAL REPORT - 0-28092 - Medical Information Technology, Inc. . www.sec.gov . United States Securities and Exchange Commission . November 13, 2024 . https://web.archive.org/web/20240308200427/https://www.sec.gov/Archives/edgar/data/1011452/000101145218000003/tenk.htm . March 8, 2024 . January 31, 2018.
  12. Web site: Report . H. T. . December 18, 2018 . Meditech Acquisition Makes their Presence Known in UK/Ireland Markets The Healthcare Technology Report. . October 11, 2024 . en-US.
  13. Web site: Product Set . Meditech . January 1, 2026.
  14. Web site: About MEDITECH South Africa . Meditech . November 13, 2024.
  15. Press release. Meditech and IMO: Empowering Customers to Achieve Meaningful Use Stage 2 . June 13, 2012 . November 25, 2016 .
  16. Web site: Medical Information Technology, Inc. (MEDITECH) to Acquire Patient Care Technologies, Inc. (PtCT) . . meditech.com . December 12, 2022 . https://web.archive.org/web/20160107214607/https://www.meditech.com/aboutmeditech/pages/newsPtCT2007.htm . April 18, 2007 . January 7, 2016 . dead.
  17. Web site: Polimeno . Lawrence . Merger Announcement from Lawrence A. Polimeno . meditech.com . December 12, 2022 . https://web.archive.org/web/20160107214607/https://www.meditech.com/AboutMeditech/pages/newsmergerletter2010.htm . January 7, 2016 . dead.
  18. Web site: Directions to MEDITECH . . meditech.com . December 13, 2022.
  19. Web site: MEDITECH's Global Impact . . meditech.com . March 10, 2023.
  20. Web site: Gill . Arun . Why International Expansion Must Remain a Priority for Cerner, Epic, Allscripts and MEDITECH . signifyresearch.net . Signify Research . March 10, 2023 . August 6, 2020.