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 Mediware Information Systems Inc. plans to sell to a private equity firm in a deal valued around $195 million.
The Lenexa-based company (Nasdaq: MEDW) announced the definitive merger agreement with Thoma Bravo LLC on Wednesday. Mediware shareholders, who still must approve the deal, stand to get $22 a share in cash.
That compares with a $15.75 closing price on Tuesday, according to Yahoo Finance.
Mediware shares surged in Wednesday trading. Around 9 a.m., they were up 39 percent to $21.86. (See…
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 Mediware Information Systems Inc. said its fourth-quarter profits rose 19 percent on higher sales.
The Lenexa-based maker of health care-related software (Nasdaq: MEDW) on Tuesday reported earning $2.5 million, or 29 cents a share, during the three months that ended June 30. By comparison, Mediware earned $2.1 million, or 25 cents a share, during the same period last year.
Revenue during the quarter increased 4 percent to $16.7 million.
For the full fiscal year, the company said profits rose almost…
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 Mediware Information Systems Inc. has completed its purchase of the assets of blood management consultancy Strategy Healthcare Group LLC.
Details of the acquisition, first announced last month, were not disclosed.
The Lenexa-based technology company (Nasdaq: MEDW) said it expects that adding SHG to its portfolio of blood-supply management services will give it deeper analytical resources for helping customers improve their blood-supply systems.
“By acquiring SHG, we have added specific expertise…
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Mediware Information Systems Inc. COO John Damgaard is stepping down later this year to become president of a private company.
Damgaard’s last day will be Sept. 7, the Lenexa-based medical technology provider (Nasdaq: MEDW) said in a release.
“He has been a tremendous asset in positioning the company for continued success,” CEO Thomas Mann said in the release. “While we will all miss him, he is taking the next step in his career, and we wish him much continued success.”
The company said...
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Increased revenue from a military blood bank contract helped Mediware Information Systems Inc. post a 36 percent increase in third-quarter profits.
The Lenexa-based information technology company (Nasdaq: MEDW) on Tuesday reported earning $1.9 million, or 22 cents a share, during the three months that ended March 31. By comparison, Mediware earned $1.4 million, or 17 cents a share, during the same period last year.
Revenue during the quarter rose 22 percent to $16.9 million.
In a release, CEO...
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Mediware Information Systems Inc. has closed its $2.2 million acquisition of Cyto Management System, a Holland-based technology for tracking chemotherapy patients and medication.
The Lenexa-based company (Nasdaq: MEDW) announced Wednesday that it had finalized the purchase from Cobbler ICT Services BV. It announced plans for the Cyto deal last month.
Mediware said it will continue to sell the software through its network of European distribution partners under its own brand and will open a regional...
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Mediware Information Systems Inc. recorded double-digit revenue growth for its fiscal second quarter and expects a recent acquisition to continue to spur gains.
The Lenexa-based health care technology company (Nasdaq: MEDW) reported flat earnings but said its performance actually reflected improvement. A year prior, Mediware earnings had been boosted by a tax benefit that amounted to $460,000, or 6 cents a share.
“I’m pleased with our performance in the second quarter and for the first half of the fiscal year,” CEO Thomas Mann said in a release...
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Mediware Information Systems Inc. said Tuesday that it is promoting Robert Watkins to the job of chief financial officer.
The Lenexa-based health care technology company (Nasdaq: MEDW) said Watkins has been an employee for more than three years, most recently as vice president and corporate controller. Mediware said Watkins will assume the new title on Feb. 15.
Watkins succeeds Michael Martens, who said in November that he would resign to rejoin an unspecified previous employer.
Mediware develops a range of software products for the health care industry, including products for managing blood supplies, medications and specialty pharmaceuticals.
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Mediware Information Systems Inc. is expanding into the adult stem cell business with the acquisition of most of the assets of Transtem LLC.
Lenexa-based Mediware (Nasdaq: MEDW), which already sells software for health care organizations to manage their blood donations and supplies, announced the purchase Wednesday.
Financial details were not released.
St. Louis-based Transtem creates software for managing the collection and transplantation of adult stem cells for cellular therapy and medical research...
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The U.S. military is expanding its relationship with Mediware Information Systems Inc., choosing the Lenexa-based programmer’s software to manage blood transfusions at 68 military health sites globally.
Mediware (Nasdaq: MEDW) announced Wednesday that the U.S. Military Health System selected its blood transfusion management software last month.
“The process to select a software partner capable of supporting the U.S. military’s enterprise-wide blood initiative was very formal and highly competitive, and we are honored to have our software selected for both projects,” CEO Thomas Mann said in a prepared...
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Mediware Information Systems Inc. plans to buy CareCentric Inc.’s home medical equipment, home health and home infusion businesses, nearly doubling the customer base for the company’s Alternate Care Solutions business.
The Lenexa-based company (Nasdaq: MEDW) announced Friday that it had signed a definitive agreement to acquire the assets for an undisclosed amount. It expects to complete the deal within 30 days.
John Van Blaricum, vice president of marketing and communication for Mediware, said the deal increases the number of locations using Mediware’s Alternate Care Solutions services from 380 to more than...
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Thanks to new and expanded customers, Mediware Information Systems Inc. had record revenue for the second quarter of its fiscal year. Profits more than doubled.
The Lenexa-based health care software provider (Nasdaq: MEDW) reported revenue of $13.2 million for the second quarter, which ended Dec. 31. That’s an increase of 22 percent from the $10.8 million reported during the second quarter of the prior fiscal year.
Mediware posted quarterly earnings of $1.7 million, or 22 cents a share, up significantly from the $783,000, or 10 cents a share, it reported for the same quarter a year...
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Mediware Information Systems Inc. more than doubled profits in its recently concluded fiscal year, and medication management product sales and acquisitions boosted revenue. (MEDW)
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