SDS changes name

SDS has changed its name to HealthPort, reflecting the company's rapid growth in healthcare technology, according to Business Wire.

For the past 30 years, SDS has provided technology and services for health information management and medical records in the acute care hospital and ambulatory care markets.

Following their merger with Companion Technologies in June 2007, the combined company now also offers solutions for revenue cycle management, electronic medical records, and practice management for physicians and community health centres

Computer Sciences Corporation has acquired First Consulting Group for $13 per share, or approximately $365 million, in an all-cash transaction, states FOX News.

"This acquisition furthers CSC's Project Accelerate strategy by enhancing our healthcare expertise and intellectual property and expanding our worldwide delivery capabilities," said CSC chairman, president and CEO Michael Laphen.

"CSC is a leader in the global IT services industry and will now be an even stronger player in the healthcare technology market. In addition, this transaction delivers significant value to our stockholders and provides FCG employees with new and expanded career opportunities," said Larry Ferguson, CEO of FCG

CBaySystems and Services, a provider of transcription and BPO services, and M*Modal, providers of an advanced speech understanding service, have formed a strategic partnership, says FOX News.

"Our mission is to increase the speed, quality and efficiency of medical transcription," said Chris Foley, president of CBaySystems and Services.

AnyModal CDS (conversational documentation services) offers a unique combination of speech recognition and natural language understanding that captures a physician's meaning, transforming spoken dictation into accurate, complete, and meaningful healthcare documentation.