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| Type | Private company |
|---|---|
| Founded | 1969 |
| Headquarters | Westwood, Massachusetts |
| Key people | Neil Pappalardo, CEO & Chairman Larry Polimeno, Vice-Chairman Howard Messing, President & COO Barbara Manzolillo, CFO |
| Industry | Electronic Medical Records |
| Products | Software |
| Revenue | USD $397 million (2008) |
| Employees | 2700 |
| Website | www.meditech.com |
Medical Information Technology, Inc., commonly known as MEDITECH, is a Massachusetts-based software and service company selling information systems, which are installed in health care organizations throughout the world. Founded in 1969 by Chairman and CEO A. Neil Pappalardo, MEDITECH has a market share of greater than 22% in the United States and close to 40% in Canada.[1]
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Company History
In 1969, A. Neil Pappalardo began development of MIIS, one of several proprietary implementations of MUMPS, a programming language which at the time had not been standardized. MIIS users and developers later influenced efforts toward MUMPS standardization during the early 1970s; the MUMPS standard was complete by 1974 and approved by 1977. Between 1971 and 1979, Pappalardo developed various other systems, but those associated with integrated health care information remained his primary focus.[2]
In 1982, MEDITECH adopted the then-new MAGIC programming language. MAGIC would later become integral to MEDITECH's health care information systems' implementations. In 1994, the company adopted Client/Server, a second software platform to complement MAGIC. While Client/Server utilizes the same MAGIC programming language, it supports only Microsoft Windows-based operating systems. MEDITECH's unveiled its 6.0 platform in 2006. This platform is MEDITECH's current offering and purports an improved user interface, streamlined workflows, features to increase patient safety, and improved financial/reporting capabilities.
Markets Served
MEDITECH supplies an integrated information system for various facilities in the health care industry. This enables health care providers to track a patient's history and/or monitor ongoing treatment of chronic health problems, regardless of the patient's whereabouts. Providers are afforded immediate access to patients' medical records, which can be used to devise treatments.
With over 2,200 customers worldwide[3], MEDITECH has extended its client base from the United States and Canada into the United Kingdom, South Africa, Australia, and several other communities across the world, including a current venture into the Spanish-speaking world, including Latin America, Mexico, and Spain.[4]
Products and Services
MEDITECH offers software solutions for health care organizations of all types and sizes. Some of the software modules offered by MEDITECH include the following: Health Information Management, Revenue Cycle, Scanning and Archiving, Scheduling and Referral Management, Emergency Department, Enterprise Medical Record, Patient Care and Patient Safety, Physician Care Manager, Anatomical Pathology, Blood Bank, Laboratory and Microbiology, Imaging and Therapeutic Services, Oncology Management, Operating Room Management, Pharmacy, Cost Accounting, Data Repository, General Accounting, Human Resource Planning, Supply Chain Management, Patient Discharge Instructions, Long Term Care Solutions, Behavioral Health Solutions, and Home Health Solutions.
Current Endeavors
MEDITECH's most recent endeavors have been focused toward improving patient safety and streamlining workflow. Some such developments include:
- Working with partners and other companies to provide new technology solutions in the areas of business continuance, identity management, and RFID
- Incorporating evidence-based medicine into practice through integration with Zynx Health, Inc.
- The development of a new Oncology product to better manage the complex needs of Oncology departments
- Expanding medication management capabilities to include e-prescribing and medication reconciliation
- Offering standard interoperability suites to help customers transition to emerging EHR standards
Partnerships
MEDITECH has one independently operated subsidiary, Patient Care Technologies, Inc. (PtCT), as well as two primary corporate partners, LSS Data Systems and MEDITECH South Africa.
Locations
MEDITECH currently owns six facilities in eastern Massachusetts located in Westwood (two offices), Norwood, Canton, Framingham, and Fall River.
References
- ^ HIMSS Clinical Systems Hospital Market Report, http://www.himss.org/DorenfestInstitute/docs/ClinicalSystemsHospitalMarket.pdf, retrieved 2009-10-22
- ^ MEDITECH Corporate Timeline, http://www.meditech.com/CorporateTimeline/homepage.htm, retrieved 2009-07-18
- ^ National Health IT Week Media Information, http://healthitweek.org/partners_and_cosponsors.asp, retrieved 2009-10-22
- ^ MEDITECH Expands its International Presence, http://www.meditech.com/aboutmeditech/pages/newsinternational.htm, retrieved 2009-10-22
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