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IDX Systems Corporation (IDX) was a
healthcare Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physic ...
software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...
technology company that formerly had headquarters in
South Burlington, Vermont South Burlington is a city in Chittenden County, Vermont, United States. Along with neighboring Burlington, it is a principal city of the Burlington metropolitan area. As of the 2020 U.S. census, the population was 20,292, making it the sec ...
, United States. It was founded in 1969 by Robert Hoehl, Richard Tarrant, and Paul Egerman. IDX was acquired by
General Electric General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the year ...
and incorporated into its GE Healthcare business unit in 2006. A portion of the former IDX business (along with other software assets) were sold by GE to private equity firm
Veritas Capital Veritas Capital Fund Management, L.L.C. is a New York–based private-equity firm founded in 1992 that invests in companies providing critical products and services, primarily technology-enabled products and services, to government and commercial ...
in 2018. The resulting company was named Virence. In 2019, Virence was merged into
athenahealth Athenahealth, Inc. is a privately held American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States. The company was founded in 1997 in San Diego and is now headquartered in Boston, ...
.


Products

Prior to its acquisition by GE Healthcare, IDX had four primary lines of business: Flowcast was the original application produced by IDX. It is a revenue cycle management system for medium to large physician groups, hospitals, and integrated delivery networks, and includes scheduling, billing and collections modules. It is written in the
MUMPS MUMPS ("Massachusetts General Hospital Utility Multi-Programming System"), or M, is an imperative, high-level programming language with an integrated transaction processing key–value database. It was originally developed at Massachusetts Gen ...
programming language and runs on
InterSystems InterSystems Corporation is a privately held vendor of software systems and technology for high-performance database management, rapid application development, integration, and healthcare information systems. The vendor's products includInter ...
Caché. Flowcast was renamed Centricity Business after the product was acquired by GE Healthcare. The product is now owned by athenahealth. Groupcast was a financial management system for smaller-to-medium size provider groups. It was renamed Centricity Group Management after being acquired by GE Healthcare. The product is now owned by athenahealth. Carecast was a system used primarily by large hospitals and medical centers as an integrated clinical and financial application. Known as "Lastword" before IDX re-branded it, the system was developed in the 1980s by
Seattle Seattle ( ) is the most populous city in the U.S. state of Washington and in the Pacific Northwest region of North America. With a population of 780,995 in 2024, it is the 18th-most populous city in the United States. The city is the cou ...
-based PHAMIS, Inc., a company acquired by IDX in 1997. Carecast also came in a regionalized version currently used at the
University College Hospital University College Hospital (UCH) is a teaching hospital in the Fitzrovia area of the London Borough of Camden, England. The hospital, which was founded as the North London Hospital in 1834, is closely associated with University College Lo ...
in London. The main Carecast code-base is written in
COBOL COBOL (; an acronym for "common business-oriented language") is a compiled English-like computer programming language designed for business use. It is an imperative, procedural, and, since 2002, object-oriented language. COBOL is primarily ...
, TAL, C and
Java Java is one of the Greater Sunda Islands in Indonesia. It is bordered by the Indian Ocean to the south and the Java Sea (a part of Pacific Ocean) to the north. With a population of 156.9 million people (including Madura) in mid 2024, proje ...
and runs on Tandem/NonStop
Tandem Computers Tandem Computers, Inc. was the dominant manufacturer of fault-tolerant computer systems for Automated teller machine, ATM networks, banks, stock exchanges, telephone switching centers, 911 systems, and other similar commercial transaction proc ...
hardware. Upon acquisition by GE Healthcare, it was renamed Centricity Enterprise. In 2015, GE Healthcare announced it would sunset the Centricity Enterprise product. Imagecast was a radiology information system which enables "filmless" radiology image workflow. It is now marketed and supported by GE as Centricity RIS-IC.


GE buyout

On September 29, 2005,
General Electric General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the year ...
's
Healthcare Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physic ...
division announced it would acquire IDX for US$44 a share. The deal was valued at US$1.2 billion. The purchase was finalized January 4, 2006.


References


External links


General Electric's website
* Defunct software companies of the United States Software companies based in Vermont Software companies established in 1969 Software companies disestablished in 2006 1969 establishments in Vermont {{ict-company-stub