Companion Technologies acquires Keystone Medical Systems.COLUMBIA, S.C.--(BUSINESS WIRE)--Sept. 19, 1996--Companion Technologies has acquired Keystone key·stone n. 1. Architecture The central wedge-shaped stone of an arch that locks its parts together. Also called headstone. 2. The central supporting element of a whole. Medical Systems, Inc. of Lemoyne, Pa. Keystone has approximately 100 employees and brought in revenues of over $9 million in 1995. The addition of Keystone's 1,300 physician system installations, primarily located in the Mid-Atlantic states Mid-At·lan·tic States See Middle Atlantic States. Noun 1. Mid-Atlantic states - a region of the eastern United States comprising New York and New Jersey and Pennsylvania and Delaware and Maryland U.S.A. , brings Companion's total sites to more than 7,000 nationwide. The acquisition of Keystone brings the total number of Companion Technologies acquisitions to 13 since 1993, making it a leading national provider of physician management systems in the medical information technologies field. Created in 1986, Companion Technologies is a wholly-owned subsidiary of Blue Cross and Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. of South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. . The company provides specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. software for the medical industry and operates in all 50 states. Headquartered in Columbia, Companion employs over 750 people across the country and expects 1996 revenues in excess of $50 million. CONTACT: Blue Cross and Blue Shield of South Carolina, Columbia Donna Thorne, 803/788-0222 |
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