Health IT Business News Roundup for the Week of January 14, 2011

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M&A, Financial Reports and Funding

Venture capital firm Norwest Equity Partners has acquired perioperative software provider Surgical Information Systems for an undisclosed amount…Royal Philips Electronics, a Netherlands-based distributor of home health care offerings, has acquired the main business of medSage Technologies, a provider of home-based care services…Vocera Communications, a communications company specializing in health care, has acquired smart phone software developer Wallace Wireless for an undisclosed amount…CareCentrix, a benefits management firm, has acquired sleep-disorder testing technology provider Sleep Management Solutions for an undisclosed amount.

lifeIMAGE, a medical image exchange platform vendor, has raised $11.8 million in a private round of financing…Portico Systems, an integrated management application provider for health plans, has completed a $5 million subordinated debt financing session through Safeguard Scientifics.

Contracts

Virginia Health IT, the state's regional extension center, has selected EHR technology from Pulse Systems…the Colorado Regional Extension Center has chosen EHR, practice management and interoperability software from Greenway Medical Technologies…Pennsylvania-based Butler Health System has selected an enterprise visibility platform from Intelligent InSites, a real-time location system from Ekahau and the Vocera communication system…HealthEssentials, a health and hospice care operator in California and Nevada, has selected digital pen and paper technology from Anoto Group and ExpeData...Birmingham VA Medical Center in Alabama has chosen EHR technology from DSS...the Texas Health and Human Services Commission has awarded a 52-month, $30 million contract to HP Enterprise Services to create a statewide Medicaid health information exchange and e-prescribing network.

UnitedHealthcare's national care provider network will receive pain management and therapeutic drug monitoring services from Millennium Laboratories…California-based Radiology Associates of Sacramento has expanded software services from Merge Healthcare…the University of Virginia Cancer Center has chosen a clinical research management system from Forte Research Systems...multiple Russian hospitals have switched to EHRs with software from IBM and Complex Medical Information Systems...CMS has awarded CGI Federal a five-year, $55 million contract to develop software and operational support services…the Social Security Administration has awarded Lockheed Martin a contract worth up to $200 million to overhaul SSA's system for processing disability claims…Central Florida Pulmonary Group in Orlando has chosen an EHR system from ChartLogicSan Luis Valley Regional Medical Center in Colorado has signed a full IT outsourcing contract with CareTech Solutions.

Hawaii-based Kapiolani Medical Center has formed a health information exchange using Wellogic technology...SynerMed, a managed services organization in California, has selected EHR software from athenahealth...the Keystone Health Information Exchange selected patient indexing software from NextGate Solutions; GE Healthcare will expand services for the Keystone Health Information Exchange...the Northeastern Pennsylvania Health Information Exchange will use platform software from Compuware...Chadron Community Hospital in Nebraska has selected clinical and financial information system software from Keane...Jennie Stuart Medical Center in Kentucky will implement clinical documentation software from ChartWise Medical Systems...Chicago VNA, a home health and skilled nursing care division of U.S. Home Health Care, has selected referral management software from Authentidate Holding.

Product Development and Marketing

Avnet Electronics Marketing Americas will distribute wireless health care products from H&D Wireless AB throughout the Americas and online…the Medical Device Manufacturers Association and the World Medical Device Organization have partnered to offer MDMA members complete access to WMDO's catalogue of professional online training…MedStar Health of the Greater Baltimore and Washington, D.C., area is partnering with Cleveland Clinic to bring the clinic's medical devices and products to MedStar's region...Rauland-Borg has teamed with Voalte, a developer of point-of-care communications software on smart phone platforms, to connect patient calls using Rauland-Borg's Nurse Call application to Voalte-enabled devices.

Accenture, a management consulting firm, and Plexis Healthcare Systems, a provider of health care payer technology, will launch a joint application to augment the Medicaid management information systems…DiagnosisONE will supplement Greenway Medical Technologies' EHR deployments with its clinical decision support software…health information management company Precyse Solutions and M*Modal, a developer of speech comprehension technology, have partnered with Pennsylvania-based Geisinger Health System to improve clinical documentation and coding accuracy…Diversinet, a mobile health care communications provider, has entered into a reseller agreement with Mihealth Global Systems.

Personnel

Paul Zolfaghari -- former executive vice president of worldwide sales and operations at MicroStrategy, a business intelligence software company -- has been named COO of ParAccel, a data analysis platform provider...Healthcare Management Systems, a provider of clinical and financial information systems, has named Jack Holt -- former vice president of client services for McKesson Provider Technologies -- vice president of client services and Todd Redmon -- former employee at Dell -- vice president of customer support…Jeff McKee -- former vice president of sales at Transcend Services, a medical transcription company -- has been named vice president of sales and marketing at TransTech Medical Solutions, a provider of medical transcription and voice recognition services.

John Specht -- former sales director for the TriZetto Group -- has been named vice president of sales at Vitech Systems Group, a health insurance software company…Jay Colfer -- former senior vice president of North American sales for Eclipsys, a provider of EHR products -- has been named executive vice president of client solutions for Prognosis Health Information Systems...Kate Berry -- former senior vice president of Surescripts, an e-prescribing network provider -- has been named CEO of the not-for-profit National eHealth Collaborative.


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