Medical Information Technology, Inc.

Medical Information Technology, Inc.

Medical Information Technology, Inc.

Overview
Date Founded

1969

Headquarters

MEDITECH CIRCLE, WESTWOOD, MA 02090 USA

Type of Company

Private

Employees (Worldwide)

3,531

Industries

Computer Software
Medical Products & Equipment

Company Description

Medical Information Technology, Inc. (dba MEDITECH) develops, manufactures, licenses and supports computer software products for the hospital market. The company was founded by Curtis W. Marble, A. Neil Pappalardo and Edward B. Roberts in 1969 and is headquartered in Westwood, MA.

Contact Data
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Executives & Employees

Chairman & Founder

Chief Executive Officer

President & Chief Operating Officer

Chief Financial Officer & Treasurer

Vice Chairman

Executive Vice President

Executive Vice President-Sales & Marketing

Senior Vice President of Product Development

Senior Vice President of System Technology

Board of Directors

Chairman & Founder at Medical Information Technology, Inc.

Vice Chairman at Medical Information Technology, Inc.

Chief Financial Officer & Treasurer at Medical Information Technology, Inc.

Founder at Massachusetts Institute of Technology - Sloan School of Management

Chief Executive Officer at Medical Information Technology, Inc.

Director at Medical Information Technology, Inc.

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Recent Transactions
Details Hidden

Medical Information Technology, Inc. purchases LSS Data Systems, Inc.

Details Hidden

Medical Information Technology, Inc. purchases Patient Care Technologies, Inc.

Clients

TO IMPROVE THE HEALTH OF THE COMMUNITY.

Avera Health provides healthcare services. Its services include management and consultation, educational programs, employee benefit programs, insurance coverages, legal services, medical record coding and consultation services. The company was founded in 1897 and is headquartered in Sioux Falls, SD.

Overlake Hospital Medical Center is a non-profit organization, which engages in the provision of health care services. It offers cardiac care, cancer care, general and specialty surgery, women's programs, senior care, psychiatric services, and trauma service. The company was founded in 1953 and is headquartered in Bellevue, WA.

Key Stats and Financials As of 2019
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$494M
EBITDA
$77.8M
Non-Profit Donations & Grants
Investors
Details Hidden

Summit Partners invests in growth companies across the globe. The firm target companies in technology, healthcare & life sciences and growth products & services sectors. They provide financing from venture capital to growth equity to fixed income for recapitalizations, MBOs and all stages of capital requirements with an investment size of USD10 million to more than USD500 million. They consider both majority and minority positions.

Suppliers
Wolters Kluwer NV Internet Software & Services | Alphen aan den Rijn, Netherlands

Wolters Kluwer enables legal, tax, finance, and healthcare professionals to be more effective and efficient. We provide information, software, and services that deliver vital insights, intelligent tools, and the guidance of subject-matter experts. We create value by combining information, deep expertise, and technology to provide customers with solutions that improve their quality and effectiveness. Professionals turn to us when they need actionable information to better serve their clients. Our 175+ years of history stretch across many geographies and areas of expertise. Our revenue is spread globally with 6% coming from fast-growing, emerging markets, 44% from Europe, and 50% from North America.

SOC Telemed Computer Software | Reston, Virginia

SOC Telemed, Inc. engages in the provision of acute care telemedicine services and technology to U.S. hospitals and healthcare. It provides technology enabled clinical solutions which include acute teleNeurology, telePsychiatry, and teleICU. The Company was founded in 2004 and is headquartered in Reston, VA.

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