Share of Cost, UnitedHealth Ups Ante On Health IT With Purchase Of Picis, Expecting Stimulus Windfall

Friday, Dec. 10th 2010 6:40 AM

Share of Cost, UnitedHealth Ups Ante On Health IT With Purchase Of Picis, Expecting Stimulus Windfall — Minneapolis-St. Paul Business Journal: UnitedHealth Group’s technology consulting subsidiary Ingenix, of Eden Prairie, Minn., has purchased Massachusetts tech firm Picis, a maker of emergency room and intensive care software. “Both companies are deeply involved in the area where health care and information technology meet. Ingenix, which had revenue of $1.8 billion last year, provides consulting and outsourcing to almost 6,000 hospitals. Picis, which has its headquarters in Wakefield, Mass.

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