BUSINESSNews in brief - Feb. 7, 2005NDCHealth, Neoforma explore sale NDCHealth, Neoforma explore saleNDCHealth Corp. and Neoforma separately announced in January that they were exploring the possibility of a sale or merger with a third party. Atlanta-based NDCHealth's announcement occurred about a week after it disclosed that it would delay releasing its second-quarter financial results. The company has determined that it needs to restate financial results dating back to 2002 because of accounting problems at its physician software business. The company, a vendor of physician practice management software and health care transaction processing services, is under investigation by the Securities and Exchange Commission. Separately, Neoforma, a San Jose, Calif., online seller of medical supplies, said it had retained Merrill Lynch & Co. to explore "strategic alternatives." Should a transaction occur, it will require the approval of VHA and the University HealthSystem Consortium, two health care purchasing alliances that own a majority of Neoforma's common stock. Copyright 2005 American Medical Association. All rights reserved.
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