Health IT Business News Roundup for the Week of November 5, 2010

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M&A, Financial Reports and Funding

McKesson will acquire oncology management provider U.S. Oncology for approximately $2.16 billion…Huron Consulting Group has acquired Click Commerce, a vendor of Web portals for academic medical centers, for an undisclosed sum.

athenahealth reported a Q3 2010 profit of $3.8 million on $63.1 million in revenue…Cerner reported a Q3 2010 profit of $60.9 million on $462.7 million in revenue, up from a $48.4 million profit on $409.4 million in revenue in Q3 2009...CareFusion, a vendor of infection control management software, reported a Q1 2011 profit of $38 million on $908 million in revenue...Hospital information systems provider Computer Programs and Systems reported a Q3 2010 profit of $4.9 million on $40.9 million in revenue...Mediware Information Systems, a provider of health care-related management software, reported a Q1 2011 profit of $1.1 million on $12.5 million in revenue.

Contracts

Holy Cross Hospital in New Mexico has selected EHR and medical billing services from athenahealth…the San Francisco Department of Public Health has selected eClinicalWorks' EHR and practice management systems…HealthAlliance of the Hudson Valley has chosen REACH3's customer relationship management software…Eastern Maine Medical Center has deployed the iMedConsent application from Dialog MedicalACT Health Management Services has chosen NextGen Healthcare Information Systems' ambulatory EHR and practice management systems...the Medical Society of Delaware has chosen RelayHealth's physician practice management services.

The Georgia Health IT Regional Extension Center has named eClinicalWorks, e-MDs, Greenway Medical Technologies, Medical Informatics Engineering and NextGen as preferred EHR vendors…Fairview Health Services, a not-for-profit health system in Minnesota, has selected a human resource management suite from Lawson Human Capital Management SystemHospital Auxilio Mutuo in Puerto Rico has chosen a hospital information system from McKesson; the Medical Society of Delaware has selected McKesson's RelayHealth unit's PHR and clinical messaging systems…Middle Tennessee eHealth Connect, Nashville's health information exchange, will use a data exchange platform from CareAlign.

Product Development and Marketing

Software developer Status Solutions and wireless health and safety monitoring system provider AFrame Digital have partnered to expand remote patient monitoring systems…Health insurer Cigna has chosen Usablenet to let users of Cigna's website search for medical facilities and find prescription information…iSoftStone IT will introduce Microsoft HealthVault technology to the Chinese market...NextGen will offer InstaMed's health care payments platform for health care providers.

Personnel

Mark Guinan -- chief procurement officer for Johnson & Johnson -- has been named senior vice president and CFO of Hill-Rom, a medical technologies manufacturer…Muhammad Yunus, a Nobel laureate, has joined the partnership board of mHealth Alliance, a provider of wireless health care systems for underserved communities.

The Missouri Health Information Organization, which is developing a statewide health information exchange, has named Sandra Johnson -- interim dean and professor emerita of law and health care ethics of Saint Louis University School of Law -- as chair of the board of directors; David Weiss -- senior vice president and CIO of BJC Healthcare -- as vice chair; Tracy Godfrey -- a family physician at Family Health Center -- as treasurer; and Steve Roling -- president and CEO of Health Care Foundation of Greater Kansas City -- as secretary.


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