Health IT Business News Roundup for the Week of August 20, 2010


M&A, Financial Reports and Funding

UnitedHealth Group subsidiary Ingenix, a vendor of decision support applications, has announced plans to acquire health information exchange services provider Axolotl for an undisclosed amount...Investment firm Orion Healthcare Ventures has acquired health IT company Aspyra for an undisclosed amount.

Pharmacy benefit management firm Medco Health Solutions has announced plans to acquire United BioSource, a provider of research services and technology for clinical trials, for $730 million...Health care imaging connectivity company Pacsgear has purchased the assets of NAI Tech Products, a digital medical imaging firm, for an undisclosed sum.


Health IT firm Shared Health has selected Deane Smith Media Innovations to provide public and media relations as well as executive team coaching...HHS has awarded General Dynamics Information Technology's ViPS health IT subsidiary an $80 million contract to design and deploy technology for the agency's Early Retiree Reinsurance Program.

CMS has awarded a contract worth up to $200 million to HP Enterprise Services to improve claims processing and health care delivery services for Medicare; CMS also has awarded a $3.9 million contract to public relations firm Ketchum to help promote the HITECH Act to consumers.

NIH has selected software firm Instem to supply software for the collection, management and maintenance of data for NIH's studies...MidSouth eHealth Alliance, a Tennessee-based health information network, has selected Informatics Corporation of America's CareAlign system for health information exchange...The University of North Carolina Health Care System has selected Lawson Software's human resource management suite.

Product Development and Marketing

Health care technologies provider QuadraMed has partnered with CPM Resource Center, a developer of clinical practice guidelines, to provide clients with clinical documentation tools, care planning applications and other health IT services...Providence Health & Services in Oregon has partnered with General Electric to integrate its laboratory and diagnostic imaging applications with GE's Centricity EHR software.


Dan DiPlacido -- former director for operations at consulting firm Navigant Consulting -- has been named COO of Think First, a revenue cycle services company aimed at health care practices.

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