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Merge Healthcare Achieved Improved Financial Results For The Third Quarter Of 2010

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Healthcare ITImproved financial results were unveiled on Tuesday by Merge Healthcare, for the third quarter of 2010. The revenue of the company reached $45.2 million in Q3.

The chairman, Michael W. Ferro Jr, said "I am very proud of our third quarter performance. As a leader in the health IT space, Merge is well positioned to take advantage of a great market opportunity being presented by the transformative electronic health record and interoperability adoption currently under way."

It was also announced that the board of director has named Jeffery A. Surges to be CEO. He was the most recent president of sales at Allscripts, a Merge partner. He gained his experience through 20 years of managing in major technology IT and healthcare corporations. He was also the President and CEO of Extended Care Information Network before the sale of the firm to Allscripts in 2007.Surges commented, "I am extremely pleased to be joining the Merge team. These are unprecedented times in healthcare IT. The adoption of electronic health records is creating a new wave of growth in interoperability, connectivity, and electronic commerce in healthcare. As a member of the Merge board since June of 2010, I have been fortunate to see the foundation Merge has put in place to capitalize on these trends and realize our organic growth goals."


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