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| Acquiring Party | McKesson Corporation (NYSE:MCK), a national pharmaceutical distributor and healthcare services company. |
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| Transferring Party | Awarix, Inc., a developer of hospital IT systems. |
| Sector | Data Management/ Healthcare IT |
| Date | July 16, 2007 |
| Analysis McKesson furthers its hospital IT solutions with a "patient visibility" workflow system that tracks patient treatment and helps to eliminate bottlenecks. Information aggregated from clinical, ADT (admission, discharge and transfer), housekeeping and transportation systems is displayed on large electronic “whiteboards" obviating manual bed management and departmental tracking boards. Terms not disclosed. | |
The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones. This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc. The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason. | |