Xerox's IT outsourcing arm ACS has purchased CredenceHealth to launch Midas+Live, a cloud application that connects to EHRs and analyzes patient data to quicken diagnoses.
Xerox unit ACS has acquired clinical
surveillance software specialist CredenceHealth to boost its ability to monitor
health care data trends in real time.
Terms of the March 21 deal were not disclosed. The acquisition will integrate
all CredenceHealth products, services and employees as part of ACS.
The deal is expected to be completed by April 1.
Based in Nashville, Tenn.,
CredenceHealth offers SAAS (software as a service) applications that provide
doctors with actionable information on cloud-based data, such as lab or
radiology results, medications and vital signs.
ACS will merge its existing Midas
software and CredenceHealth's SAAS offerings to create Midas+Live
, a cloud application
that connects to a hospital's EHR (electronic health records) database and
alerts caregivers to changes in a patient's condition, including temperature or
blood pressure variations.
With Midas+Live, ACS draws on
CredenceHealth's clinical surveillance capabilities to lengthen doctors' time
with patients and lessen the time it takes to receive clinical information and
make diagnoses, according to Tom Simas, managing director for ACS'
Doctors and clinicians can access the database via the Internet using a secure
Midas+Live features an intelligence engine that draws on evidence-based
medical research from organizations such as the CDC (Centers for Disease
Control and Prevention) and American College of Surgeons to allow doctors to track
patient outcome trends.
A mapping engine allows users to compare data using a standard nomenclature,
while an interface engine allows data feeds from HIE (health information
exchange) and EHR vendors, such as pharmacies and labs, to be incorporated into
"From a client perspective, this is important because Midas+Live does
the heavy lifting by simply taking copies of existing interface feeds to other
vendors or by taking out-of-the-box interface feeds and requiring no
customization to the interfaces by the hospital IT staff," Simas
wrote in an email to eWEEK. "This saves tons of effort by the hospital IT
team and places the bulk of the effort on the Midas+Live expertise and team to
create the standard mapping."
The service allows doctors to identify complications such as stroke, urinary
track infections and ulcers. (MidasPlus, maker of the Midas software, is a unit
Among the applications Midas+Live will integrate is Midas+ SmartConnect,
which allows providers, payers, state agencies and physicians to communicate
regarding a patient's discharge from a hospital and eliminate duplicate data
Midas+Care Management helps providers and payers keep track of steps such as
authorization, certification, concurrent review, clinical documentation
improvement and discharge planning. Meanwhile, Midas+DataVision features data
analysis tools with more than 3,000 performance measures, allowing hospital
administrators to benchmark performance against national thresholds.
With Midas+Live, ACS hopes to attract
accountable care organizations as customers and also help health plans and
hospitals monitor their progress toward satisfying government meaningful-use
mandates on use of EHRs, Simas said.
Xerox announced its purchase of ACS in
In October, ACS
bought teleservices provider TMS Health
to enhance its customer service for
the pharmaceutical, biotech and health care industries by incorporating TMS'
video detailing services.