M&A, Financial Reports and Funding
InfoLogix, a provider of mobile computing and data processing technology, has acquired Delta Health Systems, a health care financial consulting firm...HealthEdge, a vendor of software for managed care organizations, has obtained $13 million in investments from Psilos Group, a health care venture capital and private investment firm...McKesson has acquired HTP, a vendor of transaction processing and revenue cycle management software.
Eclipsys, a vendor of hospital information systems, reported Q1 2008 net income of $290,000, compared with Q1 2007 net income of $2.4 million...athenahealth, a physician software and billing services vendor, has reported Q1 2008 net income of $1.8 million on $29.8 million in revenue, compared with a net loss of $2.7 million for the same period in 2007...Altaris Capital Partners, a health care private equity firm, and NewSpring Capital, a provider of private equity capital, will take a majority interest in Precyse Solutions, a health IT company.
Contracts
Concord Hospital in New Hampshire has selected Juniper Networks to build its IT network infrastructure...the Mayo Clinic in Rochester, Minn., has implemented Cisco's wireless network throughout its facilities...Greensboro Radiology in North Carolina will implement software from InterSystems...Dartmouth-Hitchcock Medical Center in New Hampshire has selected Visage Imaging's medical imaging data and clinical applications...the Connecticut State Medical Society has selected athenahealth's practice management software.
Product Development and Marketing
IBM and Siemens Healthcare are partnering to create a health data server that will reduce hospitals' hardware space and require less installation time and maintenance.
Personnel
The Massachusetts eHealth Collaborative has named Alan Macdonald, executive director of the Massachusetts Business Roundtable, as chair, and Lawrence Garber, medical director for informatics at Fallon Clinic in Worcester, Mass., as vice chair...MediConnect Global, a provider of Web-based medical record services, has named David Bywater, former senior managing director for human capital management at Affiliated Computer Services, as global president...Neurognostics, a medical imaging company, has named William Stafford, formerly with Merge Technologies, as CEO...Elsevier, a publisher of medical journals, has named Michael Hansen, former executive vice president of the Bertelsmann publishing firm, as CEO.