McKesson to buy Israeli cardiac technology firm Medcon

Medcon said its technology offers diagnostic digital image management and archiving, procedure reporting and workflow management. McKesson hopes the addition of these products will further strengthen its presence in the medical imaging industry.

“Less than 15% of hospitals in the US have a robust, integrated solution for cardiology, which next to radiology is the largest producer and consumer of images and associated patient information,” said Pamela Pure, president of McKesson Provider Technologies (MPT). “We see a significant opportunity to grow our position in a $250m market category that’s expected to encompass more than 1,500 decisions over the next five years.”

Medcon’s technology is designed to automate all aspects of the workflow process in an attempt to improve cardiologist productivity and drive more throughput for cardiac procedures. It also includes improved charge capture for accurate billing and reimbursement as well as more efficient use of inventory and other resources.

McKesson plans to use Medcon’s cardiology technology to facilitate its implementation of electronic health records (EHRs) by providing faster online access to patient information.