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QuadraMed (Duncan) courtesy of Misys (VD) reported mangers - clearing their offices.

Posted: Jun 05, 2013

Interesting! So Constellation Softwares acquires QuadraMed which the CEO is Duncan James (our new CEO for MM) and supposedly QuadraMed courtesy of Misys (who Davenport and Princess used to work for and Allscripts and Misys merged) managers of QuadraMed are clearing out their offices and employees would be told how long they had left to work for the company which Duncan leaves as CEO of QuadraMed to join as CEO of MM. My gosh, they all are sleeping together.

ARTICLE: Constellation Software acquires QuadraMed through its subsidiary, N. Harris Computer Corporation. According to Constellation, the purchase of QuadraMed “provides Harris with a platform to support its entry in the US healthcare information technology market.” Financial terms were not disclosed, though Francisco Partners has to be pleased to divest QuadraMed from its portfolio given QuadraMed’s fairly tired product line. FP sold off the company’s most valuable asset, the Quantim HIM product division, to Nuance in September 2012. We ran a reader rumor Sunday (in the Monday Morning Update) that something was going on with QuadraMed courtesy of Misys-Ex, who reported that managers were clearing out their offices and employees would be told how long they had left to work for the company. Meanwhile, President and CEO Duncan W. James leaves QuadraMed to serve as CEO of MModal.

Reader Comments

From Ritchie Valens: “Re:MModal. Shakeup at the top. One Equity Partners is calling the shots now that they are private. They are bringing in their own people since the company has been losing money." MModal names Duncan W. James, former president and CEO of QuadraMed, as its new CEO, replacing Vern Davenport. The company also promotes David Woodworth from VP of finance to COO, replacing Amy Amick, and names Graham King (McKesson/HBOC) as chairman of the board. The official press release says Davenport and Amick have “chosen” to leave the company.

So what does it all mean? - steph1

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