Per-Se Technologies' decision to sell its Patient1 electronic patient record and computerised order entry system reflects the growing competition in healthcare informatics.
The $30m (£18m) deal gives control over the technology to London-based Misys and allows Per-Se to reduce its debt load and focus on products aimed at the administrative side of the healthcare business.
Administrative technology is the area where Per-Se has the largest presence, with two-thirds of the company's business, according to Sean Jackson, an analyst at Avondale Partners.
By focusing on that area, Per-Se leaves a market that has seen increasing competition from large, well-capitalised players, such as McKesson, General Electric and Cerner.
"That [clinical] market is very competitive, and Per-Se wants to reallocate their resources to an area that's less competitive," he said.
Misys said it will maintain Patient1, renaming the medical records system Misys CPR and the order entry system Misys CPOE.
The move boosts Misys' offerings in healthcare IT, which includes PACS systems for radiology and laboratory management products. The company says the decision should help create efficiencies and contain costs.
Brian Reid writes for IDG News Service