Business
HealthGate changes business focus
NEWS IN BRIEF — Posted Feb. 14, 2005
HealthGate Data Corp., which sells online consumer health content to health care organizations, announced in January that it is exiting that business and shifting its focus toward quality improvement and risk management.
As part of the shift in business direction, HealthGate has agreed to sell its content business to EBSCO Publishing, Ipswich, Mass., for $8.1 million. The transaction is contingent on certain conditions, including the approval of HealthGate's shareholders and the company obtaining agreement from certain existing customers to renew existing contracts. The deal is expected to close in April.
HealthGate, based in Burlington, Mass., will retain its evidence-based medical guidelines, Interactive IC and Quality Architect products and services.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2005/02/14/bibf0214.htm.












