Imprivata offers secure communications, patient identification and sign-on and password management solutions for healthcare organizations. The company reported $119.1 million in revenue and a net loss of $23.1 million in 2015, according to The Wall Street Journal.
Following news of the acquisition, Imprivata shares increased by more than 30 percent to approximately $19, reports Boston Business Journal.
More articles on health IT:
21 hospitals, health systems seeking Cerner, MEDITECH, Epic talent
Island Health to ‘persevere’ through rocky Cerner EHR rollout
CMS ‘takes the teeth’ out of MU in proposed rules
