Expanding Business Intelligence Insights, HIMSS Acquires CapSite

Expanding its products and services to offer a broader set of high quality data and analytical expertise to clients, providers and vendors, HIMSS announces its acquisition of CapSite, a healthcare technology and consulting organization based in Burlington, Vt. The acquisition is effective today, Oct. 1, 2012.

The CapSite Database provides unique transparency, including pricing data on vendor products and services to include proposals (with actual documents) and final negotiated contract pricing. The current database offers more than 5,000 contracts across 160 categories representing 1,600 vendors with analysis of interest to chief information officers and primary buyers of information systems, products and services, as well as supply chain and acquisition executives.

“The investment in CapSite follows our overall strategy for HIMSS Analytics to provide the best market intelligence on the hardware, software and services selected by chief information officers and other users of information technology,” says H. Stephen Lieber, CAE, HIMSS President/CEO. “We will maintain the CapSite office in Burlington, Vt. with CapSite employees joining the HIMSS roster as part of the HIMSS Analytics team." 

Lieber explains CapSite’s integration into HIMSS Analytics comes from the synergies between the products and services of both organizations. For example, data from HIMSS Analytics has focused on IT processes and environments, products, information system department composition, costs and management metrics, healthcare trends and purchasing decisions.  However, the current HIMSS Analytics data does not include comparative pricing information that CIOs and other buyers of health IT data often need. The CapSite database offers that pricing information.  In addition, HIMSS Analytics will now offer additional voice of customer (VOC) consulting services through customized research, information often sought out by both healthcare providers and vendors.

• Diagnostic benchmarking looks at the vendor’s position in the marketplace, such as gaps in, and an overall internal assessment of, the product line; and
• Voice of the customer relies on survey research to measure customer expectations, product development, marketing, and strategic direction.

“Over the past several years, CapSite has established itself as an industry leader in providing solutions to enable more-informed, strategic purchasing decisions for both healthcare providers and vendors,” says Blain Newton, CEO of CapSite.  

“We are excited to join together the breadth of the HIMSS Analytics platform with the depth of CapSite’s offerings to bring unprecedented insight into the healthcare technology industry,” says Gino Johnson, founder of CapSite who, along with Blain Newton, will remain with HIMSS Analytics in key executive roles.

About HIMSS
HIMSS is a cause-based, not-for-profit organization exclusively focused on providing global leadership for the optimal use of information technology (IT) and management systems for the betterment of healthcare. Founded 51 years ago, HIMSS and its related organizations are headquartered in Chicago with additional offices in the United States, Europe and Asia. HIMSS represents more than 44,000 individual members, of which more than two thirds work in healthcare provider, governmental and not-for-profit organizations. HIMSS also includes over 570 corporate members and more than 170 not-for-profit organizations that share our mission of transforming healthcare through the effective use of information technology and management systems. HIMSS frames and leads healthcare practices and public policy through its content expertise, professional development, research initiatives, and media vehicles designed to promote information and management systems’ contributions to improving the quality, safety, access, and cost-effectiveness of patient care. For more information, visit www.himss.org.

About HIMSS Analytics
HIMSS Analytics is a wholly owned not-for-profit subsidiary of the Healthcare Information and Management Systems Society. The company collects and analyzes healthcare data related to IT processes and environments, products, IS department composition and costs, IS department management metrics, healthcare trends and purchase-related decisions. HIMSS Analytics delivers high quality data and analytical expertise to healthcare delivery organizations, healthcare IT companies, state governments, financial companies, pharmaceutical companies, and consulting firms. For more information, visit www.himssanalytics.org/.