Boston, Mass., November 19, 2012 – Pri-Med, the leading provider of professional medical education to a community of more than 260,000 clinicians, today announced the purchase of Amazing Charts, a leading provider of electronic health records (EHR) to independent medical practices.As an independent operating subsidiary of Pri-Med, Amazing Charts will continue to offer its intuitive and affordable software solutions to clinicians, but now will have the resources to accelerate product development and the geographic reach of Pri-Med’s medical education conferences in 30 cities nationwide. Dr. Jonathan Bertman, founder of Amazing Charts, will continue to serve as President, with Kathleen Repoli serving as Senior Vice President. Other terms of the deal were not disclosed.
“Given the vast amount of knowledge and the pace at which practice recommendations change, providing real-time feedback to clinicians based on their current practice styles is critical,” said Jonathan Bertman, MD, FAAFP, founder and President of Amazing Charts. “While other EHR vendors may try to find ways to sell EHR data to the highest bidder, we believe any use of this data must be ethical, with clear and consistent disclosure, and used to improve patient outcomes rather than allow advertisers to better target consumers. And after being contacted by dozens of companies, including other EHRs, private equity firms, and venture capitalists, I have no doubt that Pri-Med is the best possible partner for our clients, our employees, and most importantly, the patients for whom we all care.”
With Amazing Charts, Pri-Med gains a next-generation medical education platform strategically located at the point of patient care, enabling it to deliver CME activities where and when decision support is needed.
“The holy grail of medical education is to demonstrate improved patient outcomes as a result of access to unbiased evidenced-based CME. We believe that in addition to our live meetings and online CME courses, providing this education at the point of care is the obvious next step, and we are excited to develop this with Amazing Charts,” said John Mooney, founder and CEO of Pri-Med. “With this deeply integrated partnership, we are together reimagining the EHR as a real-time educational instrument that expands well beyond managing one’s practice”
“Pri-Med has been committed to developing clinician-friendly solutions that are accessible, affordable and immediately applicable to patient care,” added Bertman. “That’s why we have attended every Pri-Med conference for over nine years! Pri-Med’s customers are our customers, and to say I am excited about what we can do together would be an understatement.”
Click here to watch John Mooney and Dr. Jon Bertman discuss their vision for this unique partnership and how it came to be.
Shields & Company acted as a financial advisor to AmazingCharts.com, Inc. in the above transaction.