McKesson has agreed
to purchase Israeli-based Medcon
for $105 million. Medcon develops and sells an image and information
management system for cardiology departments in hospitals. Medcon
reported almost $17 million sales in 2004 and will become a part of
McKesson's Provider Technologies unit.
percent of hospitals in the United States 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, McKesson Provider Technologies president, in a
statement. "We see a significant opportunity to grow our position in a
$250 million market category that's expected to encompass more than
1,500 decisions over the next five years."
There's a bolus of market data: cardiology information system
market size $250 million, current penetration at less than 15%, with
just under a third of the market adopting over the next 5 years. I
guess they thought Agfa was
on to something.