Revolution Health To Terminate PHRs; Everyday Health Files IPO

TOPIC ALERT:

On Wednesday, Revolution Health sent e-mails alerting users that it would discontinue its personal health record service at the end of February, Healthcare IT News reports.

The e-mail did not indicate why the company decided to terminate its PHR service. The company advised users to download their PHR as a .pdf file and save the document for their records.

Background

American Online co-founder Steve Case helped launch Revolution Health in 2007. In 2008, the firm merged with Waterfront Media's Everyday Heath Network, which provides online health information and resources.

Experts say the partnership is an effort to compete with the online medical Web site WebMD (Monegain, Healthcare IT News, 1/27).

Revolution Health currently is among Everyday Health's portfolio of Web sites, which combined have 38 million registered users and bring in about 25 million unique visitors per month (Goedert, Health Data Management, 1/25).

Everyday Health Prepares for IPO

In related news, Everyday Health filed for an initial public offering on Jan. 24. The company said it aims to raise $100 million.

The network said it plans to use the funds for acquisitions, advertising-based services, capital expenditures, credit repayment and new content development (Healthcare IT News, 1/27).

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