Monday, January 10, 2011
FOR IMMEDIATE RELEASE
Contact: Macy Fecto : firstname.lastname@example.org
ROCKVILLE , MD , January 10, 2011 – Access Intelligence LLC and its Dorland Health division announced today the acquisition of OR Manager, the premier media brand and annual educational conference and trade show for operating room executives, managers and hospital directors. This acquisition represents Access Intelligence’s growing role in the healthcare management industry within four niche markets: medical coding, case management, patient advocacy and operating room management.
OR Manager (www.ormanager.com) serves thousands of operating room professionals through an annual conference held each fall, Managing Today’s OR Suite, and through the OR Manager publication, weekly Webinars, books and other offerings designed to improve surgical services across all areas, including patient safety, cost management, quality healthcare and technological efficiencies. There are more than 80,000 operating room professionals at hospitals and ambulatory care centers who have an influence on the 47 million-plus surgeries conducted each year.
OR Manager will be part of Dorland Health, a nationally recognized leader in delivering healthcare business information for the past 50 years with leading brands such as Case in Point and the Case Management Resource Guide. The new Dorland Health Group (www.dorlandhealth.com), including OR Manager, will continue to provide best-in-class products and services to this increasingly complex healthcare arena.
“We find OR Manager’s annual conference and its outstanding content offerings to be the leading resource for this important community of healthcare professionals who are managing one of the most critical areas of the hospital organization, ” said Don Pazour, president and CEO of Access Intelligence. “We’re excited to match up Dorland Health and its breadth of content, marketing and sales solutions with OR Manager to build even more value for operating room professionals and their partners.”
Ellie Schrader and Pat Patterson, who co-founded OR Manager in 1985, will continue to serve this market as publisher and editor, respectively, working closely with Diane Schwartz, senior vice president of Dorland Health, Carol Brault, associate publisher, and Jenn Heinold, trade show director. The OR Manager annual conference will be held September 28-30 in Chicago.
Schrader noted: “This acquisition will take OR Manager to a new level to help OR personnel provide patient safety and quality care in a rapidly changing health care industry.”
The acquisition of OR Manager fits within Access Intelligence’s strategic plan to invest in high-value subscription information products and leading events in well-defined strategic markets. Its entry in the healthcare market began several years ago with the acquisition of Contexo Media, which serves the coding and medical billing industry.
Aside from Case in Point and The Case Management Resource Guide, Dorland Health produces the twice-annual Care Management Summit, the Platinum Awards and Silver Crown Awards, Youth & Family Services Directory, and other products and services for healthcare professionals who are part of the care coordination team. The Professional Patient Advocate Institute (patientadvocatetraining.com), which launched in November 2010, provides training, resources, idea-sharing and networking for healthcare professionals assisting consumers in their quest to find safe and affordable patient care.
About Access Intelligence
Access Intelligence (www.accessintel.com), a portfolio company of Veronis Suhler Stevenson, is a b-to-b media and information company headquartered in Rockville, Md., serving the healthcare management, defense, chemical engineering, satellite, aviation, cable, media and public relations markets. Leading brands include Contexo Media, CableFAX, Communications Technology, PR News, Media Industry Newsletter; Defense Daily Network, Aviation Today, Cable360 and Studio Daily; Power, Chemical Engineering and Via Satellite magazines. Market-leading shows include Satellite 2011, LDC Trade Forums, Electric Power, Energy Ocean, Offshore Communications tradeshows. Access Intelligence also produces executive conferences for the healthcare, PR, media, cable, energy and defense markets.
About Veronis Suhler Stevenson (VSS)
VSS ( www.vss.com) is a private equity and mezzanine capital fund management company dedicated to investing in the information, education and media industries in North America and Europe. VSS provides capital for buyouts, recapitalizations, growth financings and strategic acquisitions to companies and management teams with a goal to build companies both organically and through a focused add-on acquisition program. To date, VSS equity and mezzanine funds have invested in 66 platform companies, which have in turn completed over 300 add-on acquisitions resulting in a portfolio with realized and unrealized enterprise values totaling over $14 billion.