SlideShare une entreprise Scribd logo
1  sur  10
H.I.S.-tory
         by Vince Ciotti

         Episode #64:
 Keane Part 3:
Pentamation
© 2011 by H.I.S. Professionals, LLC, all rights reserved.
Keane’s Mini HIS-tory, cont’d
• As I warned you last week, the evolution of Keane’s HSD reads
  like a mini (a pun intended!) HIS-tory of our industry in itself.
• This week, we cover the first of KeaMed’s many acquisitions that
  paralleled the development of Threshold – it was as if the boys in
  Boston were hedging their bets: in case that UNIX experiment
  doesn’t sell well, we’ll buy a bunch of market share anyway…
• Credit for this story of their first acquisition started with Gary
  Pollock, who we heard from last week and who is now the
  Pharmacy System Administrator at Clark Memorial Hospital in IN.
• Next email from a Pentamation veteran and avid HIS-talk reader:
    – “Vince – if you need some background on
      Ferranti/Pentamation, give me a call. I was there from 1982
      to 1990. Was one of the lead architects of the Leadership
      Series.”
   – Doug Abel  Netsmart | D: 913.696.2804 | C: 816.654.4504
Doug Abel’s Amazing Tale…
 • Doug blew my mind with his memory and these bits of HIS-tory:
    – Pentamation was formed way back in the early days by
      several SHAS gurus! You should remember the story of SHAS:
        • IBM’s “Shared Hospital Accounting System,” developed in
          Minn. in the late 60s, by a group of small hospitals to share
          a System 360 mainframe they couldn’t afford on their own.
        • The source of SMS’ “FMS,” whose TCE (Transmission
          Control & Error) reports are still being printed to this day!
• Two of the Pentamation’s leaders are pictured here:
   • (sitting) Chuck Wistar, president of
     Pentamation’s hospital division (they served
     many industries…)
   • (standing) Dave Shor, VP of Sales, whose resume
     alone could be its own chapter of our HIS-tory
      • (and who’s current position is the perfect
What Do You Call A Leader?
• Pentamation’s parent company was founded by Jeff Feathers,
  and it originally concentrated on the school & education
  industries. Chuck Wistar & Dave Shor led their foray into
  healthcare, along with _________ Sullivan (anyone remember his
  first name?)
• Although originally a shared system, Pentamation jumped on the
  mini band wagon in the early 80s, on DEC VAX 25s running VMS.
   – Rather than IBM’s Sys 3X line, which had so many
      competitors.
   - By the late 80s, they had
• They named their HIS “The Leadership Series,” and it sold well…
       a client base of 30
      hospitals mainly on the
      East Coast near their
      Maryland headquarters,
      and annual revenues of
      about $25M – not bad!
Cute Ad…
• You can sense a bit of their
   education roots with this
   cute ad from circa 1988:
• (Bet if they ran it today,
   Apple would sue them as
   fast as they are Samsung!)
• Pentamation also
   penetrated the Long Term
   Care market, which will play
   a part in our Keane tale a
   little later…
• Pentamation did so well
   that, they got the attention
   of a major player in Europe,
   who was eager to penetrate
Not Misys!
• They came over in the 90s! Back
  in the 80s, it was another British
  firm with an Italian founder that
  made Doug Abel & company
  think they might get a hot red
  sports car from their new owner!
• Ferranti was formed way back in
  1885 in the UK, and started its
  foray into computers in 1949,
  introducing one of the world’s
  first commercial machines, the
  “Mark 1” shortly after our ENIAC.
   – Both used vacuum tubes that
      attracted bugs causing shorts,
      hence, our modern name for
      “undocumented features.”
News Flash:
• Pentamation Sells Healthcare Division!
   – “January 14, 1988|by PAUL WIRTH, The Morning Call
   – Pentamation Enterprises Inc. of Bethlehem has sold its
     210-employee Healthcare Systems Division to a British
     computer firm for an undisclosed sum.
   – Most of the employees in the division, sold to Ferranti
     Computer Systems Ltd. of Manchester, England, work
     in the Baltimore, Md., and Norfolk, Va., areas,
     Pentamation said. The sale was completed Jan. 1.”
• Ferranti acquired both divisions of
  Pentamation: the hospital and long term care
  group, which had both done very well in the
  mini movement.
   – They even sold The Leadership Series in
     Ireland with help from “local” Ferranti.
• The system was mainly financials with order
  entry. For an LIS, they partnered with a small
Ferranti’s Dénouement
                      • Things went fine in HIS for Leadership Series
                        for several years, until Ferranti acquired a
                        firm named International Signals & Control
                        (ISC), that was actually selling arms illegally at
                        the behest of various US clandestine groups...
• ISC’s books turned out to be as phony as HBOC’s were in 1998,
  and Ferranti declared bankruptcy in the UK in December, 1993.
• Ferranti sold its US operations to Keane in 1992, which had been
  in Chapter XI bankruptcy protection due to the parent’s woes.
• Keane tried to sell its UNIX-based Threshold
  system to The Leadership Series clients, as
  “selling into the base” was Ray Paris’ mantra
  with acquisitions, who were bought as much
  for for their market share as their products.
• So what happened to Dave Shor, VP of Sales?
Shor-fired Success!
• Dave Shor’s resume reads like a mini HIS-tory in
  itself:
   – Per his web site bio: “Shor has held senior executive
     positions with Peat, Marwick, Mitchell & Co. (now KPMG),
     Mc Donnell Douglas Corporation (now Boeing), Ferranti
     International Healthcare Systems, Pentamation Enterprises,
     Inc., Micro Healthsystems Corporation (now McKesson
• After leaving Universitymoved on to (where else?) Hollywood, where:
     Corp.), and HIS, he of Maryland Medical System.”
   – “Shor served as Producer/ Executive Producer and managing partner of
      Labrador Pictures (feature motion pictures), Executive Producer for The Flying
      Cranes (cirque performers-worldwide), Producer for Goodman Productions (live
      events-Las Vegas), Producer for TJ Productions (live events), Production
      Adviser/Consultant for Delaware Pictures (motion pictures) and Producer for
      Liberty Jam Corporation (live concerts of: Eric Clapton, Santana, The Eagles)
      and he represents performers, writers, filmmakers and other entertainment
      professionals as manager. Shor was Producer and Executive Producer of the
      recently released motion picture "Dave Barry's Complete Guide To Guys" and
      he is presently producing the Broadway adaptation of "Sleepless In Seattle.”
– Can their be a more appropriate ending for a VP of Sales & Marketing!?!?
The Keane Saga Continues
• Next week we’ll start the story
  of another Keane acquisition,
  this one of another pioneering
  UNIX/mini vendor: Infostat
• Advanced thanks to John
  Indrigo, VP there, who told the
  story and whose resume also
  reads like a mini HIS-tory!
• Today, John applies his vast
  vendor experience to the small
  vendor M&A space at:
   – John P. Indrigo, President
   – JPI Enterprises, LLC
   – 813-503-0400jindrigo@jpi-
     enterprises.com

Contenu connexe

Tendances

65. keane 4 infostat
65. keane 4   infostat65. keane 4   infostat
65. keane 4 infostatHispros
 
16. mini meditech
16. mini meditech16. mini meditech
16. mini meditechHispros
 
114. mc k part 3 hbo
114. mc k part 3   hbo114. mc k part 3   hbo
114. mc k part 3 hboTim Histalk
 
113. mc k part 2 osf
113. mc k part 2   osf113. mc k part 2   osf
113. mc k part 2 osfTim Histalk
 
115. mc k part 4 hbo
115. mc k part 4   hbo115. mc k part 4   hbo
115. mc k part 4 hboTim Histalk
 
64. keane 3 pentamation
64. keane 3   pentamation64. keane 3   pentamation
64. keane 3 pentamationHispros
 
69. quadra med compucare
69. quadra med   compucare69. quadra med   compucare
69. quadra med compucareHispros
 
116. mc k part 5 hbo
116. mc k part 5   hbo116. mc k part 5   hbo
116. mc k part 5 hboTim Histalk
 
100. siemens, part 1
100. siemens, part 1100. siemens, part 1
100. siemens, part 1Tim Histalk
 
99. engelbart mouse
99. engelbart mouse99. engelbart mouse
99. engelbart mouseTim Histalk
 
30. his inc_-_part_1
30. his inc_-_part_130. his inc_-_part_1
30. his inc_-_part_1Hispros
 
4. november 1987
4. november 19874. november 1987
4. november 1987Tim Histalk
 
62. kea med part 1
62. kea med part 162. kea med part 1
62. kea med part 1Hispros
 
68. keane 6 first coast
68. keane 6   first coast68. keane 6   first coast
68. keane 6 first coastHispros
 
114. mc k part 3 hbo
114. mc k part 3   hbo114. mc k part 3   hbo
114. mc k part 3 hboHispros
 

Tendances (16)

65. keane 4 infostat
65. keane 4   infostat65. keane 4   infostat
65. keane 4 infostat
 
16. mini meditech
16. mini meditech16. mini meditech
16. mini meditech
 
114. mc k part 3 hbo
114. mc k part 3   hbo114. mc k part 3   hbo
114. mc k part 3 hbo
 
113. mc k part 2 osf
113. mc k part 2   osf113. mc k part 2   osf
113. mc k part 2 osf
 
115. mc k part 4 hbo
115. mc k part 4   hbo115. mc k part 4   hbo
115. mc k part 4 hbo
 
64. keane 3 pentamation
64. keane 3   pentamation64. keane 3   pentamation
64. keane 3 pentamation
 
69. quadra med compucare
69. quadra med   compucare69. quadra med   compucare
69. quadra med compucare
 
116. mc k part 5 hbo
116. mc k part 5   hbo116. mc k part 5   hbo
116. mc k part 5 hbo
 
98. epic part 4
98. epic part 498. epic part 4
98. epic part 4
 
100. siemens, part 1
100. siemens, part 1100. siemens, part 1
100. siemens, part 1
 
99. engelbart mouse
99. engelbart mouse99. engelbart mouse
99. engelbart mouse
 
30. his inc_-_part_1
30. his inc_-_part_130. his inc_-_part_1
30. his inc_-_part_1
 
4. november 1987
4. november 19874. november 1987
4. november 1987
 
62. kea med part 1
62. kea med part 162. kea med part 1
62. kea med part 1
 
68. keane 6 first coast
68. keane 6   first coast68. keane 6   first coast
68. keane 6 first coast
 
114. mc k part 3 hbo
114. mc k part 3   hbo114. mc k part 3   hbo
114. mc k part 3 hbo
 

Similaire à 64. keane 3 pentamation

64. keane 3 pentamation
64. keane 3   pentamation64. keane 3   pentamation
64. keane 3 pentamationHispros
 
62. kea med part 1
62. kea med part 162. kea med part 1
62. kea med part 1Hispros
 
62. kea med part 1
62. kea med part 162. kea med part 1
62. kea med part 1Hispros
 
62. kea med part 1
62. kea med part 162. kea med part 1
62. kea med part 1Hispros
 
34. consultants part_2
34. consultants part_234. consultants part_2
34. consultants part_2Hispros
 
34. consultants part_2
34. consultants part_234. consultants part_2
34. consultants part_2Hispros
 
25. ar mediquest
25. ar mediquest25. ar mediquest
25. ar mediquestHispros
 
68. keane 6 first coast
68. keane 6   first coast68. keane 6   first coast
68. keane 6 first coastTim Histalk
 
17. compucare
17. compucare17. compucare
17. compucareHispros
 
17. compucare
17. compucare17. compucare
17. compucareHispros
 
21. sentry
21. sentry21. sentry
21. sentryHispros
 
58. dairyland, part 3
58. dairyland, part 358. dairyland, part 3
58. dairyland, part 3Tim Histalk
 
31. minis his inc - part 2
31. minis   his inc - part 231. minis   his inc - part 2
31. minis his inc - part 2Tim Histalk
 
76. cpsi part 1
76. cpsi part 176. cpsi part 1
76. cpsi part 1Hispros
 
58. dairyland _part_3
58. dairyland _part_358. dairyland _part_3
58. dairyland _part_3Hispros
 

Similaire à 64. keane 3 pentamation (20)

64. keane 3 pentamation
64. keane 3   pentamation64. keane 3   pentamation
64. keane 3 pentamation
 
19. keane
19. keane19. keane
19. keane
 
62. kea med part 1
62. kea med part 162. kea med part 1
62. kea med part 1
 
62. kea med part 1
62. kea med part 162. kea med part 1
62. kea med part 1
 
62. kea med part 1
62. kea med part 162. kea med part 1
62. kea med part 1
 
19. minis keane
19. minis   keane19. minis   keane
19. minis keane
 
34. consultants part_2
34. consultants part_234. consultants part_2
34. consultants part_2
 
34. consultants part_2
34. consultants part_234. consultants part_2
34. consultants part_2
 
25. ar mediquest
25. ar mediquest25. ar mediquest
25. ar mediquest
 
68. keane 6 first coast
68. keane 6   first coast68. keane 6   first coast
68. keane 6 first coast
 
20. saint
20. saint20. saint
20. saint
 
17. compucare
17. compucare17. compucare
17. compucare
 
17. compucare
17. compucare17. compucare
17. compucare
 
60. hms, part 2
60. hms, part 260. hms, part 2
60. hms, part 2
 
21. sentry
21. sentry21. sentry
21. sentry
 
58. dairyland, part 3
58. dairyland, part 358. dairyland, part 3
58. dairyland, part 3
 
11. sms
11. sms11. sms
11. sms
 
31. minis his inc - part 2
31. minis   his inc - part 231. minis   his inc - part 2
31. minis his inc - part 2
 
76. cpsi part 1
76. cpsi part 176. cpsi part 1
76. cpsi part 1
 
58. dairyland _part_3
58. dairyland _part_358. dairyland _part_3
58. dairyland _part_3
 

Plus de Tim Histalk

4. 2018 low end vendors 4-6
4. 2018 low end vendors 4-64. 2018 low end vendors 4-6
4. 2018 low end vendors 4-6Tim Histalk
 
3. 2018 mid range vendors 4-4
3. 2018 mid range vendors 4-43. 2018 mid range vendors 4-4
3. 2018 mid range vendors 4-4Tim Histalk
 
2. 2018 macro vendors 3 30
2. 2018 macro vendors 3 302. 2018 macro vendors 3 30
2. 2018 macro vendors 3 30Tim Histalk
 
1. 2018 top his vendors 3 26
1. 2018 top his vendors 3 261. 2018 top his vendors 3 26
1. 2018 top his vendors 3 26Tim Histalk
 
1. 2018 top his vendors 3 25
1. 2018 top his vendors 3 251. 2018 top his vendors 3 25
1. 2018 top his vendors 3 25Tim Histalk
 
1. 2018 top his vendors 3 23
1. 2018 top his vendors 3 231. 2018 top his vendors 3 23
1. 2018 top his vendors 3 23Tim Histalk
 
2. february 1988
2. february 19882. february 1988
2. february 1988Tim Histalk
 
5. december 1987
5. december 19875. december 1987
5. december 1987Tim Histalk
 
2 september 1987
2 september 19872 september 1987
2 september 1987Tim Histalk
 
109. cerner, part 6
109. cerner, part 6109. cerner, part 6
109. cerner, part 6Tim Histalk
 
108. cerner, part 5
108. cerner, part 5108. cerner, part 5
108. cerner, part 5Tim Histalk
 
107. cerner, part 4
107. cerner, part 4107. cerner, part 4
107. cerner, part 4Tim Histalk
 

Plus de Tim Histalk (20)

HISsies 2020
HISsies 2020HISsies 2020
HISsies 2020
 
HISsies 2019
HISsies 2019HISsies 2019
HISsies 2019
 
4. 2018 low end vendors 4-6
4. 2018 low end vendors 4-64. 2018 low end vendors 4-6
4. 2018 low end vendors 4-6
 
3. 2018 mid range vendors 4-4
3. 2018 mid range vendors 4-43. 2018 mid range vendors 4-4
3. 2018 mid range vendors 4-4
 
2. 2018 macro vendors 3 30
2. 2018 macro vendors 3 302. 2018 macro vendors 3 30
2. 2018 macro vendors 3 30
 
1. 2018 top his vendors 3 26
1. 2018 top his vendors 3 261. 2018 top his vendors 3 26
1. 2018 top his vendors 3 26
 
1. 2018 top his vendors 3 25
1. 2018 top his vendors 3 251. 2018 top his vendors 3 25
1. 2018 top his vendors 3 25
 
1. 2018 top his vendors 3 23
1. 2018 top his vendors 3 231. 2018 top his vendors 3 23
1. 2018 top his vendors 3 23
 
HISsies 2018
HISsies 2018HISsies 2018
HISsies 2018
 
3. march 1988
3. march 19883. march 1988
3. march 1988
 
2. february 1988
2. february 19882. february 1988
2. february 1988
 
1. jan 1988
1. jan 19881. jan 1988
1. jan 1988
 
5. december 1987
5. december 19875. december 1987
5. december 1987
 
3. october 1987
3. october 19873. october 1987
3. october 1987
 
2 september 1987
2 september 19872 september 1987
2 september 1987
 
109. cerner, part 6
109. cerner, part 6109. cerner, part 6
109. cerner, part 6
 
108. cerner, part 5
108. cerner, part 5108. cerner, part 5
108. cerner, part 5
 
107. cerner, part 4
107. cerner, part 4107. cerner, part 4
107. cerner, part 4
 
1. august 1987
1. august 19871. august 1987
1. august 1987
 
Cerner Part 3
Cerner Part 3Cerner Part 3
Cerner Part 3
 

Dernier

Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 

Dernier (20)

Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 
Corporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information TechnologyCorporate Profile 47Billion Information Technology
Corporate Profile 47Billion Information Technology
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 

64. keane 3 pentamation

  • 1. H.I.S.-tory by Vince Ciotti Episode #64: Keane Part 3: Pentamation © 2011 by H.I.S. Professionals, LLC, all rights reserved.
  • 2. Keane’s Mini HIS-tory, cont’d • As I warned you last week, the evolution of Keane’s HSD reads like a mini (a pun intended!) HIS-tory of our industry in itself. • This week, we cover the first of KeaMed’s many acquisitions that paralleled the development of Threshold – it was as if the boys in Boston were hedging their bets: in case that UNIX experiment doesn’t sell well, we’ll buy a bunch of market share anyway… • Credit for this story of their first acquisition started with Gary Pollock, who we heard from last week and who is now the Pharmacy System Administrator at Clark Memorial Hospital in IN. • Next email from a Pentamation veteran and avid HIS-talk reader: – “Vince – if you need some background on Ferranti/Pentamation, give me a call. I was there from 1982 to 1990. Was one of the lead architects of the Leadership Series.” – Doug Abel  Netsmart | D: 913.696.2804 | C: 816.654.4504
  • 3. Doug Abel’s Amazing Tale… • Doug blew my mind with his memory and these bits of HIS-tory: – Pentamation was formed way back in the early days by several SHAS gurus! You should remember the story of SHAS: • IBM’s “Shared Hospital Accounting System,” developed in Minn. in the late 60s, by a group of small hospitals to share a System 360 mainframe they couldn’t afford on their own. • The source of SMS’ “FMS,” whose TCE (Transmission Control & Error) reports are still being printed to this day! • Two of the Pentamation’s leaders are pictured here: • (sitting) Chuck Wistar, president of Pentamation’s hospital division (they served many industries…) • (standing) Dave Shor, VP of Sales, whose resume alone could be its own chapter of our HIS-tory • (and who’s current position is the perfect
  • 4. What Do You Call A Leader? • Pentamation’s parent company was founded by Jeff Feathers, and it originally concentrated on the school & education industries. Chuck Wistar & Dave Shor led their foray into healthcare, along with _________ Sullivan (anyone remember his first name?) • Although originally a shared system, Pentamation jumped on the mini band wagon in the early 80s, on DEC VAX 25s running VMS. – Rather than IBM’s Sys 3X line, which had so many competitors. - By the late 80s, they had • They named their HIS “The Leadership Series,” and it sold well… a client base of 30 hospitals mainly on the East Coast near their Maryland headquarters, and annual revenues of about $25M – not bad!
  • 5. Cute Ad… • You can sense a bit of their education roots with this cute ad from circa 1988: • (Bet if they ran it today, Apple would sue them as fast as they are Samsung!) • Pentamation also penetrated the Long Term Care market, which will play a part in our Keane tale a little later… • Pentamation did so well that, they got the attention of a major player in Europe, who was eager to penetrate
  • 6. Not Misys! • They came over in the 90s! Back in the 80s, it was another British firm with an Italian founder that made Doug Abel & company think they might get a hot red sports car from their new owner! • Ferranti was formed way back in 1885 in the UK, and started its foray into computers in 1949, introducing one of the world’s first commercial machines, the “Mark 1” shortly after our ENIAC. – Both used vacuum tubes that attracted bugs causing shorts, hence, our modern name for “undocumented features.”
  • 7. News Flash: • Pentamation Sells Healthcare Division! – “January 14, 1988|by PAUL WIRTH, The Morning Call – Pentamation Enterprises Inc. of Bethlehem has sold its 210-employee Healthcare Systems Division to a British computer firm for an undisclosed sum. – Most of the employees in the division, sold to Ferranti Computer Systems Ltd. of Manchester, England, work in the Baltimore, Md., and Norfolk, Va., areas, Pentamation said. The sale was completed Jan. 1.” • Ferranti acquired both divisions of Pentamation: the hospital and long term care group, which had both done very well in the mini movement. – They even sold The Leadership Series in Ireland with help from “local” Ferranti. • The system was mainly financials with order entry. For an LIS, they partnered with a small
  • 8. Ferranti’s Dénouement • Things went fine in HIS for Leadership Series for several years, until Ferranti acquired a firm named International Signals & Control (ISC), that was actually selling arms illegally at the behest of various US clandestine groups... • ISC’s books turned out to be as phony as HBOC’s were in 1998, and Ferranti declared bankruptcy in the UK in December, 1993. • Ferranti sold its US operations to Keane in 1992, which had been in Chapter XI bankruptcy protection due to the parent’s woes. • Keane tried to sell its UNIX-based Threshold system to The Leadership Series clients, as “selling into the base” was Ray Paris’ mantra with acquisitions, who were bought as much for for their market share as their products. • So what happened to Dave Shor, VP of Sales?
  • 9. Shor-fired Success! • Dave Shor’s resume reads like a mini HIS-tory in itself: – Per his web site bio: “Shor has held senior executive positions with Peat, Marwick, Mitchell & Co. (now KPMG), Mc Donnell Douglas Corporation (now Boeing), Ferranti International Healthcare Systems, Pentamation Enterprises, Inc., Micro Healthsystems Corporation (now McKesson • After leaving Universitymoved on to (where else?) Hollywood, where: Corp.), and HIS, he of Maryland Medical System.” – “Shor served as Producer/ Executive Producer and managing partner of Labrador Pictures (feature motion pictures), Executive Producer for The Flying Cranes (cirque performers-worldwide), Producer for Goodman Productions (live events-Las Vegas), Producer for TJ Productions (live events), Production Adviser/Consultant for Delaware Pictures (motion pictures) and Producer for Liberty Jam Corporation (live concerts of: Eric Clapton, Santana, The Eagles) and he represents performers, writers, filmmakers and other entertainment professionals as manager. Shor was Producer and Executive Producer of the recently released motion picture "Dave Barry's Complete Guide To Guys" and he is presently producing the Broadway adaptation of "Sleepless In Seattle.” – Can their be a more appropriate ending for a VP of Sales & Marketing!?!?
  • 10. The Keane Saga Continues • Next week we’ll start the story of another Keane acquisition, this one of another pioneering UNIX/mini vendor: Infostat • Advanced thanks to John Indrigo, VP there, who told the story and whose resume also reads like a mini HIS-tory! • Today, John applies his vast vendor experience to the small vendor M&A space at: – John P. Indrigo, President – JPI Enterprises, LLC – 813-503-0400jindrigo@jpi- enterprises.com