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Electronic health records

Emergis acquires Unikoan, an Ontario health IT company

TORONTO – Emergis Inc. announced that it has acquired Unikoan Inc., a Toronto-based consulting, development and managed services organization specializing in electronic health record (EHR) applications, for an initial cash payment of $15.3 million, plus contingent consideration based on future financial performance.

Among its various activities, Unikoan has played a major  role since 1999 in the development and operation of the electronic Child Health Network (eCHN), a pediatric EHR system in operation at 84 hospital sites, 42 Community Care Access Centres, 20 Children’s Treatment Centres and 500 physician offices across Ontario.

Unikoan also provides ongoing managed services to support and enhance this province-wide solution. In addition to eCHN, the company also has customers in the geriatric care and family services areas.

“The acquisition of Unikoan strengthens our position in the electronic health record market in Ontario, adding know-how and a strong presence across the province. It will allow us to more effectively contribute to Ontario’s goal to deploy EHR for all its citizens,” said François Côté, President and Chief Executive Officer of Emergis. “Unikoan’s expertise in the Canadian healthcare industry complements Emergis’ offerings in the health-related professional and managed services areas, as well as in information security.”

With its staff of 40 employees and consultants, Unikoan has focused mainly on complex healthcare development projects and the integration of disparate health care systems.

For eCHN specifically, Unikoan is involved in the deployment of the network as it expands its user base among hospitals and other points of care in Ontario. In addition to integrating hospitals across Ontario for eCHN, Unikoan has also built numerous tools and components to support the millions of clinical transactions stored in eCHN’s data repositories.

Emergis will update its financial targets for 2007 to reflect the impact of the acquisition when it reports its second quarter financial results on August 2.

About Emergis
Emergis is an IT leader in Canada that focuses on the health and financial services sectors. It develops and manages solutions that automate transactions and the secure exchange of information to increase the process efficiency and quality of service of its customers. Emergis has expertise in electronic health-related claims processing, health record systems, pharmacy management solutions, cash management and loan document processing and registration. In Canada, Emergis delivers solutions to the main insurance companies, top financial institutions, government agencies, hospitals, large corporations, real estate lawyers and notaries and 2,800 pharmacies. Its electronic health record solutions are also delivered in the U.S. and Australia.

 

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