SAGE BITES BULLET IN HEALTHCARE SALE

Guy BerruyerSage decided to cut its losses this week as it announced the sale of the Sage Software Healthcare. The English parent of Sage North America is selling the American unit to a private equity group for about 31 percent less than the price it paid for the former Emdeon Practice Services in 2006 and it appears that the revenue of the unit being sold is as much as 27 percent less in dollars than for the organization acquired five years ago. Sage is selling the healthcare operations to Vista Equity Partners for 205 million pounds, down from the 297 million pounds it paid originally.

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