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AmericasDoctor.com Inc. (Owings Mills, MD) has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of the company’s common stock in a primary offering. Warburg Dillon Read is acting as lead underwriter for the offering. AmericasDoctor.com operates an interactive Internet healthcare information destination for consumers, featuring a free, 24-hour service that enables consumers to have live, on-line, chats with doctors and other health care professionals. The site also offers interactive chat services in several condition-specific areas, along with a library of health care information and news. AmericasDoctor.com launched its service on the Internet last September, initially only to America Online subscribers. It launched its service at the www.americasdoctor.com site in February.
Ormed Information Systems (Dallas, TX) reported receiving an endorsement from HealthShare/THA, a wholly owned subsidiary of the Texas Hospital Association. Established to find products and services that can help its members save money, avoid costs, and improve operations, Ormed is one of only 40 companies that has received this endorsement, according to Vicki Pascasio, chief operating officer of HealthShare. She said, "Our evaluation and comparison of Ormed’s products to others, as well as comments about Ormed’s Material Management Suite, were highly favorable from an evaluation group. They all thought this was a great product." Ormed’s Materials Management Suite, part of the Presto Healthcare Business Management System, includes materials management, inventory sales, remote requisitioning and receiving, and vendor contract management. It is installed in more than 500 hospitals.
Healthcare intelligence provider Caredata.com (Atlanta) began trading this week on the Nasdaq National Market under a new stock symbol, CDCM, which the company said reaffirms its commitment to becoming a leader in the digital healthcare marketplace.
"We are creating more powerful solutions for our existing communities of users and leveraging the Caredata.com brand to create new growth opportunities that would not have been possible without the Internet," said company Chairman and CEO Mark Kaiser. Kaiser noted the company has integrated proprietary healthcare-related content and research and analysis tools and the technology for Web information access, and has made them accessible via the Internet.