Events Calendar

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7:30 AM - HLTH 2025
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12:00 AM - NextGen UGM 2025
TigerConnect + eVideon Unite Healthcare Communications
2025-09-30    
10:00 am
TigerConnect’s acquisition of eVideon represents a significant step forward in our mission to unify healthcare communications. By combining smart room technology with advanced clinical collaboration [...]
Pathology Visions 2025
2025-10-05 - 2025-10-07    
8:00 am - 5:00 pm
Elevate Patient Care: Discover the Power of DP & AI Pathology Visions unites 800+ digital pathology experts and peers tackling today's challenges and shaping tomorrow's [...]
AHIMA25  Conference
2025-10-12 - 2025-10-14    
9:00 am - 10:00 pm
Register for AHIMA25  Conference Today! HI professionals—Minneapolis is calling! Join us October 12-14 for AHIMA25 Conference, the must-attend HI event of the year. In a city known for its booming [...]
HLTH 2025
2025-10-17 - 2025-10-22    
7:30 am - 12:00 pm
One of the top healthcare innovation events that brings together healthcare startups, investors, and other healthcare innovators. This is comparable to say an investor and [...]
Federal EHR Annual Summit
2025-10-21 - 2025-10-23    
9:00 am - 10:00 pm
The Federal Electronic Health Record Modernization (FEHRM) office brings together clinical staff from the Department of Defense, Department of Veterans Affairs, Department of Homeland Security’s [...]
NextGen UGM 2025
2025-11-02 - 2025-11-05    
12:00 am
NextGen UGM 2025 is set to take place in Nashville, TN, from November 2 to 5 at the Gaylord Opryland Resort & Convention Center. This [...]
Events on 2025-10-05
Events on 2025-10-12
AHIMA25  Conference
12 Oct 25
Minnesota
Events on 2025-10-17
HLTH 2025
17 Oct 25
Nevada
Events on 2025-10-21
Events on 2025-11-02
NextGen UGM 2025
2 Nov 25
TN

Events

Mergers-Acquisitions

Feb 12 : Merge forms an Alliance with ICT Health for Imaging Solutions

merck global health innovation

In its effort to expand in the still untapped IMEA (India, Middle-East and Africa) region, Illinois-based healthcare information software solutions provider – Merge Healthcare Inc. (MRGE – Analyst Report) formed an alliance with Dubai-based healthcare provider ICT Health.

With this agreement, both the corporations aim to provide high quality, cost-effective imaging solutions to hospitals and healthcare clinics situated in the IMEA region. However, financial terms of the deal remained undisclosed.

The news announcement has bolstered investor confidence at Merge Healthcare, as is evident from the company’s share price, which increased 4.5% to eventually close at $4.38 yesterday.

Since the IMEA region is diverse and vast with large parts of it still being economically underdeveloped, managing patient health and providing real-time care is a big challenge. Basically, technology-driven healthcare is still in a nascent stage in this region, particularly for people who dwell in remote and underserved communities.

Through this collaboration, the two participating organizations plan to bring forward innovative, integrated cloud deployable imaging solutions in the healthcare market that will transform the entire process in which images are currently viewed, shared and archived.

This partnership will deliver an extensive end-to-end solution portfolio connecting all the clinical and administrative systems, thereby offering enhanced efficiency and better quality patient outcomes.

The partnership will also enable healthcare providers to offer speedy patient care at a reduced rate using cloud deployable solutions, thus benefiting overall healthcare cost. It is noteworthy to mention that this partnership is among the most significant strategic healthcare initiatives that have been undertaken in the IMEA region, in recent years.

Management at Merge Healthcare believes that teaming up with ICT Health, which has already established itself as a premier healthcare solutions provider in the IMEA regions, will be profitable for the company, going forward. The company expects the accretion from the deal to be reflected in its 2015 financial results.

Our Take

We believe this alliance with ICT Health will earn higher revenues for Merge Healthcare’s Software and other segment in the near term. Notably, the segment had accounted for a significant 34% of total sales in the last reported third-quarter 2014.

Currently, Merge Healthcare retains a Zacks Rank #3 (Hold). Some better-ranked medical stocks are Edwards Lifesciences Corp. (EW – Analyst Report), Allscripts Healthcare Solutions, Inc. (MDRX – Analyst Report) and Medidata Solutions, Inc. (MDSO – Snapshot Report). All three stocks hold a Zacks Rank #2 (Buy).

Source