Sunquest Corporation Reemerges As Vista Equity Partners Completes Acquisition Of Diagnostics Systems From Misys

Tucson, AZ - Sunquest Information Systems, Inc. recently announced its formation and status as a privately-held corporation. The company was established when Vista Equity Partners, a leading private equity firm, completed its acquisition of the Diagnostics Systems from Misys Healthcare. Sunquest now owns all business assets, technology, and products associated with the hospital systems diagnostic portfolio, including the Laboratory, Commercial Laboratory, and Clinical Financial products, as well as stand-alone systems for Radiology and Pharmacy departments. Richard Atkin, former president of the Hospital Systems Business Unit for Misys, has been named president and CEO of Sunquest. The company anticipates minimal impact on day-to-day operations as it has been run largely as a stand-alone operation of Misys.

"We have trust in their current products that we use and the reasons why we picked the lab system over 25 years ago, and we look forward to continuing this relationship," said Bill Sabol, current president of the client user group (MHSUG, Inc.) and Director of Clinical Applications at Health Network Laboratories located in Allentown, Pa. "Although the name is now changed back to Sunquest, it's been their great products, service, and friendly people that create and deliver these products to us that have kept us as a satisfied customer over the years."

"We have been a Sunquest, then Misys, customer for a long time and I think the acquisition by Vista will be a good move," said Patrick J. O'Sullivan MS, MT(ASCP)SBB, Administrative Laboratory Director - Florida Hospital Orlando. "I've already noticed a great deal of internal enthusiasm at the company and this change should allow them to concentrate even more than before on keeping their products world class and ready for the future. And, as always with Sunquest, we know the customer always comes first."

"The Sunquest name has a long history and strong reputation in the healthcare industry. It has always been associated with award-winning products and a commitment to providing world-class customer service," stated Richard Atkin, president and CEO of Sunquest Information Systems, Inc. "The new Sunquest embraces those same attributes and values, but is now an even more experienced and mature organization. We're extremely excited about the opportunities and future of our company."

SOURCE: Sunquest Information Systems, Inc.