M&A, Financial Reports and Funding
WebMD reported a Q2 2010 net income of $7.7 million on $122.7 million in revenue.
Royal Philips Electronics will acquire CDP Medical, an Israeli-based PACS provider...Thomas H. Lee Partners, a private equity investment firm, is set to acquire Intermedix, a provider of revenue cycle management and software, and its minority shareholders...Ingenix -- a provider of EHR and practice management software -- will acquire medical compliance consultant Executive Health Resources for an undisclosed sum.
Contracts
The Indiana Health IT Extension Center has chosen three software vendors to help its members implement EHRs: athenahealth, iSALUS Healthcare and MDLand...The Iowa Department of Human Services has chosen CSG Government Solutions to provide a full suite of HIPAA compliance management services.
Advocate Health Care of Illinois has selected Carefx's Fusionfx, a portal-based workflow solution...Marion General Hospital in Ohio has chosen GE Healthcare's Centricity Enterprise hospital EHR program...New York-based HealthAlliance of the Hudson Valley has chosen McKesson's Horizon Clinicals software.
Greater Baltimore Medical Center has selected an EHR system by eClinicalWorks...Intermountain Healthcare of Utah has selected the ChartMaxx EHR/document imaging and management system from MedPlus.
Product Development and Marketing
Insurer Humana will provide its members access to HealthCompare's guide to compare, purchase and enroll in health plans...Software vendor Proventys has entered into a partnership with the National Comprehensive Cancer Network to establish evidence-based treatment guidelines.
NextGen Healthcare Information Systems has partnered with the American Medical Association to offer physicians NextGen's EHR and practice management products on an AMA online platform.
The e-prescribing network Surescripts has partnered with Microsoft HealthVault to allow HealthVault users to request records of their dispensed medications from community pharmacies using Surescripts...IBM and Aetna have partnered to launch a service to help hospitals make better use of EHRs and other digital data.
Personnel
William Jews -- former CEO of CareFirst BlueCross BlueShield -- has been accepted as an adviser for software developer Healthcare Interactive...David St. Clair -- founder of MEDecision -- is postponing his retirement to re-join the company as CEO, following the resignation of Scott Storrer...John Glaser -- former CIO at Boston-based Partners HealthCare System -- has been named CEO of Siemens' Health Services Business Unit...Jim Landon -- former business planner for Providence Health & Services -- has been named the new director of the Alaska eHealth Network Regional Extension Center.