IDX Systems
Encyclopedia
IDX Systems Corporation was a healthcare software technology company that formerly had headquarters in South Burlington, Vermont
South Burlington, Vermont
-Economy:CommutAir, a regional airline, is headquartered in the city, by the airport. The Magic Hat Brewing Company, one of the United States's larger craft breweries, is located here.One measure of economic activity is retail sales...

, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

. It was founded in 1969 by Robert Hoehl
Robert Hoehl
Robert "Bob" Hoehl was a co-founder of the software company IDX Systems and a Vermont philanthropist.Born in Brooklyn, NY, Hoehl earned a basketball scholarship to Saint Michael's College in Colchester, Vermont, where he graduated in 1963 with a degree in mathematics...

, Richard Tarrant
Richard Tarrant
Richard Edward Tarrant, is an American businessman, and politician. Most recently, he was the Republican nominee for U.S. Senator from the state of Vermont in 2006, but lost the election to Representative Bernie Sanders...

, and Paul Egerman. IDX was acquired by General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

 and incorporated into its GE Healthcare
GE Healthcare
GE Healthcare is a division of GE Technology Infrastructure, which is itself a division of General Electric . It employs more than 46,000 people worldwide and is headquartered in Little Chalfont, Buckinghamshire, United Kingdom. GE Healthcare is the first GE business segment to be headquartered...

 business unit in 2006.

Products

Prior to its acquisition by GE Healthcare
GE Healthcare
GE Healthcare is a division of GE Technology Infrastructure, which is itself a division of General Electric . It employs more than 46,000 people worldwide and is headquartered in Little Chalfont, Buckinghamshire, United Kingdom. GE Healthcare is the first GE business segment to be headquartered...

, IDX had four primary lines of business:

Flowcast was the original application produced by IDX. It is a revenue cycle management system for medium to large physician groups, hospitals, and integrated delivery networks, and includes scheduling, billing and collections modules. It is written in the MUMPS programming language and runs on InterSystems
InterSystems
InterSystems Corporation is a privately held vendor of software for high-performance database management, rapid application development, integration, and healthcare information systems...

 Caché
Caché (software)
InterSystems Caché is a commercial object database management system from InterSystems Corporation. It provides object and SQL access to the database, as well as allowing direct manipulation of Caché’s underlying data structures. The company claims Caché is the world’s fastest object database...

.

Groupcast was a financial management system for smaller provider groups.

Carecast was a system used primarily by large hospitals and medical centers as an integrated clinical and financial application. Known as "Lastword" before IDX re-branded it, the system was developed in the 1980s by Seattle-based PHAMIS, Inc., a company acquired by IDX in 1997http://sec.edgar-online.com/1997/07/25/09/0000927016-97-002052/Section9.asp. Carecast also came in a regionalized version currently used at the University College Hospital
University College Hospital
University College Hospital is a teaching hospital located in London, United Kingdom. It is part of the University College London Hospitals NHS Foundation Trust and is closely associated with University College London ....

 in London. The main Carecast code-base is written in COBOL
COBOL
COBOL is one of the oldest programming languages. Its name is an acronym for COmmon Business-Oriented Language, defining its primary domain in business, finance, and administrative systems for companies and governments....

, TAL
Transaction Application Language
Transaction Application Language or TAL is a block-structured, procedural language optimized for use on Tandem hardware. TAL resembles a cross between C and Pascal...

, C
C (programming language)
C is a general-purpose computer programming language developed between 1969 and 1973 by Dennis Ritchie at the Bell Telephone Laboratories for use with the Unix operating system....

 and Java
Java (programming language)
Java is a programming language originally developed by James Gosling at Sun Microsystems and released in 1995 as a core component of Sun Microsystems' Java platform. The language derives much of its syntax from C and C++ but has a simpler object model and fewer low-level facilities...

 and runs on Tandem/NonStop Tandem Computers
Tandem Computers
Tandem Computers, Inc. was the dominant manufacturer of fault-tolerant computer systems for ATM networks, banks, stock exchanges, telephone switching centers, and other similar commercial transaction processing applications requiring maximum uptime and zero data loss. The company was founded in...

 hardware.

Imagecast was a radiology information system which enables "filmless" radiology image workflow.

GE Buyout

On September 29, 2005, General Electric's
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

 Healthcare
GE Healthcare
GE Healthcare is a division of GE Technology Infrastructure, which is itself a division of General Electric . It employs more than 46,000 people worldwide and is headquartered in Little Chalfont, Buckinghamshire, United Kingdom. GE Healthcare is the first GE business segment to be headquartered...

division announced it would acquire IDX for US$44 a share. The deal was valued at US$1.2 billion. The purchase was finalized January 4, 2006.

External links

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