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GE Healthcare Will Acquire IDX Systems for $1.2 Billion

IDX’s physician office management system helps GE position itself for the universal EMR

BIG CORPORATIONS continue racing to create the universal EMR (Electronic Medical Record) and a fully-integrated healthcare informatics platform. Last Thursday, September 29, General Electric Co. announced that it would pay $1.2 billion to acquire IDX Systems Corporation of Burlington, Vermont. The transaction is expected to close in early 2006. Executives from both companies touted the …

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