Rumor of the day
Just announced and sent courtesy of the johnny-on-the-spot Ramune Kubilius (Galter Health Sciences Library Northwestern University)! Wolters Kluwer Health intends to acquire UpToDate, the evidence-based electronic clinical information resource. This acquisition (expected to be completed in the fourth quarter of 2008 pending regulatory approval) will strengthen Wolters Kluwer Health's portfolio in the growing point of care and electronic medical record markets by expanding its product and services offerings. Terms of the acquisition were not disclosed. UpToDate is expected to generate annualized projected revenue of $80 million in 2008. UpToDate has approximately 250 employees and is headquartered in Waltham, Massachusetts with international sales offices in the Netherlands and Japan. UpToDate collaborates with some 3,800 physician experts, who use their clinical experience and review of the latest research to create recommendations on how to diagnose and treat thousands of conditions in 13 medical specialties. Nearly 320,000 clinicians in 130 countries, thousands of patients and the majority of academic medical centers in the U.S. look to UpToDate for clinical guidance, practice guidelines, peer-reviewed articles, photographs, and X-ray illustrations. UpToDate is accessible through the Web, desktop and PDA.
http://www.uptodate.com
http://www.WKHealth.com
http://www.wolterskluwer.com
- katina.strauch's blog
- Login to post comments