Filed with Securities and Exchange Commission October 8, 1996
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
September 30, 1996
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Informedics, Inc.
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(Exact name of registrant as specified in its charter)
Oregon 2-86360 93-0750571
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(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification No.)
incorporation)
4000 Kruse Way Place, Bldg 3, Suite 210, Lake Oswego, OR 97035
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(503) 697-3000
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<PAGE>
Item 5. Other Events.
The Registrant issued the following press release on
September 30, 1996.
INFORMEDICS AGREES TO SELL
ITS ClinicManager PRODUCT LINE
LAKE OSWEGO, Oregon, September 30, 1996......INFORMEDICS, INC.
(NASDAQ, IMED), a designer and marketer of specialty medical
automation and data management software, today reported that it
has signed an agreement to sell its ClinicManager practice
management product line to Adaptive Health Systems of Federal
Way, Washington. The transaction is scheduled to close within
45 days; terms were not disclosed.
Adaptive, who markets and supports medical practice management
software in the Pacific Northwest, is expected to hire all of the
Informedics' support employees associated with the ClinicManager
product line.
"We made this decision in order to better focus our Company" said
Mr. John Tortorici, Chairman and CEO. He added "Based on the
early success of our IntraMed.net (Integrated Delivery Systems
Network) software and the re-emergence of our LifeLine (Blood
Bank Data Management) System, we have decided to focus our energy
on these markets." He continued, "I'm happy that we were able to
offer the product line and customer base to a Northwest buyer.
Our ClinicManager customers will continue to be served by a local
company."
"I believe that the combination of the Informedics' practice
management customer base with Adaptive's existing customer base
makes Adaptive, with almost 500 sites, the largest practice
management vendor in the Pacific Northwest," said Randall Rogers
President of Adaptive. He continued, "We have the experience and
commitment to take Adaptive into the next century as the
Northwest leader in the medical practice management market."
Informedics designs, markets and services information management
systems for health care delivery networks, hospital and community
blood banks, and hospital and independent pathology laboratories.
The IntraMed.net system provides time and cost savings by
enabling users to quickly check patient health plans for
eligibility and benefits, request treatment and referral pre
authorization and transmit patient referrals to any provider on
the network. The LifeLine system fully automates blood banks and
its StarPath systems automates the Surgical Pathology, Histology,
Cytology and Autopsy sections of a pathology laboratory.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
INFORMEDICS, INC.
(Registrant)
Date: October 8, 1996 By:
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Dale E. Conner
Vice President and Chief Financial Officer
