• AI
  • Molecular Imaging
  • CT
  • X-Ray
  • Ultrasound
  • MRI
  • Facility Management
  • Mammography

Amicas jumps on Emageon purchase opportunity

Article

Amicas is jockeying to pick up the pieces of an acquisition gone wrong.

Amicas is jockeying to pick up the pieces of an acquisition gone wrong. Health Systems Solutions' attempt to buy Emageon failed earlier this month when adequate financing could not be found. PACS/IT vendor Amicas announced Feb. 23 that it has entered into a definitive merger agreement to pay $1.82 per share in cash for all Emageon common stock. The total, about $39 million, is much less than the ill-fated HSS bid of $62 million, but Amicas is in a better position to complete the deal than was the previous suitor. Amicas ended 2008 with cash, cash equivalents, and marketable securities of approximately $55 million and no long-term debt. The Emageon board of directors has unanimously recommended that shareholders tender their shares in the offer. Shareholders representing approximately 18% of outstanding Emageon shares have already agreed to do so.

Recent Videos
A Closer Look at the New Appropriate Use Criteria for Brain PET: An Interview with Phillip Kuo, MD, Part 2
How Will the New FDA Guidance Affect AI Software in Radiology?: An Interview with Nina Kottler, MD, Part 1
A Closer Look at the New Appropriate Use Criteria for Brain PET: An Interview with Phillip Kuo, MD, Part 1
Teleradiology and Breast Imaging: Keys to Facilitating Personalized Service, Efficiency and Equity
Current and Emerging Insights on AI in Breast Imaging: An Interview with Mark Traill, MD, Part 3
Current and Emerging Insights on AI in Breast Imaging: An Interview with Mark Traill, MD, Part 2
Current and Emerging Insights on AI in Breast Imaging: An Interview with Mark Traill, Part 1
Addressing Cybersecurity Issues in Radiology
Related Content
© 2025 MJH Life Sciences

All rights reserved.