About Amicas
Amicas is a Healthcare company based in Boston (United States) founded in 1989, and was acquired by Merge Healthcare in February 2010. Web-based solutions for medical image and information management are offered. Amicas has raised $13.5 million across 2 funding rounds from investors including Canaan, Merge Healthcare and Radius Ventures. Amicas has completed 1 acquisition, including Emageon. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is AMICAS, Inc. Its competitors include Ambra Health, Terarecon and InsiteOne; 3 of its 3 listed competitors have raised funding.
Company details
Amicas, formerly known as VitalWorks offers a suite of web-based medical image and information management solutions to radiology practices, imaging centers, and ambulatory care facilities. Solutions offered include tools designed to manage the image component of the EMR in radiology PACS and cardiology PACS, RCM and enterprise content management. The Amicas Vision Series products provide a complete, end-to-end solution for imaging centers, ambulatory care facilities, and radiology practices. Complementing the Vision Series product family is Amicas Insight Solutions, a set of client-centered professional and consulting services to assist customers with a transition to a digital enterprise. Hospitals and integrated delivery networks are provided with a comprehensive image management solution for cardiology and radiology that supports EMR strategies to improve clinical, operational, and administrative functions. The company went public on July 10, 1997. Was acquired by Merge Healthcare on April 29, 2010.
- Headquarters Boston, United States
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Website amicas.com
- Social LinkedIn
- Acquired by Merge Healthcare (Feb 2010)
- Legal Name Amicas, Inc
- Total Equity Funding$13.5M (USD)
in 2 rounds
- Latest Funding Round$9M (USD), Private Equity Round
Nov 2001
- InvestorsCanaan
& 4 more
- Investments & Acquisitions
- Acquired by
Funding Insights of Amicas
Amicas has successfully raised a total of $13.5M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $9 million completed in November 2001. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $13.5M
- Total Rounds 2
- Last Round Private Equity Round — $9M
- First Round $4.5M
(May 2000)
- Investors Count 3
All 2 funding rounds of Amicas with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2001 | $9M | Private Equity Round | – | – | |
| May 2000 | $4.5M | Private Equity Round | – | – |
5 investors in total: 5 institutional.
Investors in Amicas
Amicas has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Canaan, Merge Healthcare and Radius Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
| radiusventures.com | ||||
Offers financial advisory services including planning, analysis, and wealth management. | 2000 | garrettcapital.com | Salt Lake City, United States | |
| vitalworks.eu | ||||
Cloud-based solutions for medical image and information management are provided. | merge.com | Milwaukee, United States |
Investor details for Amicas
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People of Amicas
17 people are tracked at Amicas (9 in leadership, 1 in board & advisors, 7 in team).
| Name | Role | Group |
|---|---|---|
Arvind Krishna | Chairman & CEO | Leadership |
James J. Kavanaugh | SVP & CFO | Leadership |
Christina Montgomery | VP & Chief Privacy & Trust Officer | Leadership |
Kelly Chambliss | SVP & COO, IBM Consulting | Leadership |
Jonathan H. Adashek | SVP, Marketing & Communications & Chief Communications Officer | Leadership |
Rob Thomas | SVP, Software & Chief Commercial Officer | Leadership |
Sebastian Krause | SVP & Chief Revenue Officer | Leadership |
Roger Premo | General Manager, Corporate Strategy & Ventures | Leadership |
Darío Gil | SVP & Director of IBM Research | Leadership |
Gary Cohn | Vice Chairman | Board & advisors |
Nickle LaMoreaux | SVP & CHRO, IBM | Team |
Joanne Wright | SVP, Transformation & Operations | Team |
John Granger | SVP, IBM Consulting | Team |
Alexander F. Stern | SVP, Strategy & M&A | Team |
Michelle H. Browdy | General Counsel & SVP, Legal & Regulatory Affairs | Team |
Paul Papas | SVP, IBM Consulting, Americas | Team |
Joyce Aten | Team Lead Research | Team |
Complete people profiles for Amicas
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Investments & Acquisitions by Amicas
Amicas has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Emageon.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Radiology and cardiology solutions are provided to healthcare facilities. | emageon.com | Birmingham, United States | 1998 | Feb 2009 | $39M |
Complete acquisition details for Amicas
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Timeline of Amicas
6 dated milestones of Amicas across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Amicas is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Private Equity Round, of $9.0M.
- Exit Acquired by VitalWorks.
- Acquisition Acquires Emageon.
- Exit Acquired by Merge Healthcare.
Competitors of Amicas
Amicas has 3 listed competitors in our database, 3 of them funded. They include Ambra Health, Terarecon and InsiteOne.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ambrahealth.com | 2006 | New York, United States | $73.24M | Cloud-based platform for medical image management and exchange | ||
| terarecon.com | 1997 | Durham, United States | $34.76M | 109 | Develops and delivers enterprise medical image management and visualization solutions for healthcare enterprises | |
| insiteone.com | 1999 | Wallingford, United States | $13.25M | Cloud-based data management solutions are provided for healthcare imaging applications. |
Detailed competitors of Amicas
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Amicas (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Amicas
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Frequently Asked Questions about Amicas
Amicas was founded in 1989 and raised its 1st funding round 11 years after it was founded.
Amicas is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Amicas is a funded company, having raised a total of $13.5M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $4.5M, raised on May 2000.
Amicas, formerly known as VitalWorks offers a suite of web-based medical image and information management solutions to radiology practices, imaging centers, and ambulatory care facilities. Solutions offered include tools designed to manage the image component of the EMR in radiology PACS and cardiology PACS, RCM and enterprise content management. The Amicas Vision Series products provide a complete, end-to-end solution for imaging centers, ambulatory care facilities, and radiology practices. Complementing the Vision Series product family is Amicas Insight Solutions, a set of client-centered professional and consulting services to assist customers with a transition to a digital enterprise. Hospitals and integrated delivery networks are provided with a comprehensive image management solution for cardiology and radiology that supports EMR strategies to improve clinical, operational, and administrative functions. The company went public on July 10, 1997. Was acquired by Merge Healthcare on April 29, 2010.
Amicas's top competitors include Ambra Health, Terarecon and InsiteOne.
Amicas has made 1 acquisition, including Emageon.
Amicas has 5 investors. Key investors include Canaan, Merge Healthcare, Radius Ventures, Garrett Capital, and VitalWorks.
Amicas operates through Amicas, Inc.
Yes. Amicas was acquired by Merge Healthcare in February 2010.