M&A, Financial Reports and Funding
Dell will acquire medical diagnostic image archiving company InSite One and IT security company SecureWorks for an undisclosed sum…Accentus, a Canadian medical document management company, has acquired medical transcription service providers Transolutions and ZyloMed for an undisclosed sum…NIIT Technologies has acquired EHR and patient referral systems from Visions@Work for an undisclosed sum.
High Road Capital Partners, a private equity firm, has acquired Dowden Health Media -- a provider of communications, IT and marketing services to hospitals and pharmaceutical companies -- for an undisclosed sum...Virtual Radiologic has completed its acquisition of all outstanding shares of Nighthawk Radiology for $6.50 per share in cash…SXC Health Solutions, a provider of pharmacy benefit management services, has completed its acquisition of MedfusionRx, a speciality pharmacy provider, for $100 million in cash plus $5.5 million subject to certain performance targets through FY 2012.
McKesson has completed its acquisition of U.S. Oncology at an approximate value of $2.2 billion…Aetna has completed its acquisition of Medicity, a health information exchange technology developer, for $500 million...home health and hospice online billing and coding company HealthcareFirst has acquired CareFacts Information Systems for an undisclosed sum…Mindshift Technologies, a cloud computing company, has acquired IT management firm Alpheon for an undisclosed sum.
Telcare, a chronic disease management technology developer, has raised $4.46 million of a targeted $5 million in a mixed securities offering.
Bethesda Healthcare System in Florida has chosen revenue cycle management applications from Ingenix…Medicaid Health Plans of America has selected research and analytics services from health IT company MedAssurant to inform best practices in care delivery for Medicaid beneficiaries…CDC has awarded a contract to CGI Federal, a subsidiary of CGI Group, to provide technology and expertise in IT consolidation, management consultation and infrastructure activities in the next decade…CMS has awarded a three-year, $42.9 million contract to Maricom Systems for business intelligence, extraction and other services…Indianapolis-based Wishard Health Services has selected anesthesia, business intelligence and patient tracking applications from Surgical Information Systems.
Polaris Medical Management in Rhode Island has selected DiagnosisONE as exclusive provider of clinical decision support tools for EHR systems…the Texas Organization of Rural & Community Hospitals Foundation has selected a Web-based program from QuadraMed to help member hospitals transition to ICD-10 coding…the U.S. Army Medical Research Acquisition Activity has awarded a contract to R&D company Alion Science and Technology to design robotic prosthetic limb technology…Community Hospitals and Wellness Centers in Ohio has selected McKesson's integrated financial and clinical software system...Arkansas BlueCross BlueShield has selected technology company MDdatacor to support its patient-centered medical home initiative.
Ohio State University Medical Center has selected an EHR system from Epic…Florida's Agency for Health Care Administration has awarded a four-year, $19 million contract to Harris to implement a statewide health information exchange infrastructure…Momentum Billing has selected a medical management program from AdvancedMD Software…Vermont regional extension center Vermont IT Leaders has named Greenway Medical Technologies as a preferred vendor; Minnesota-based Allina Hospitals & Clinics has chosen EHR software from Greenway...Neurological Services of Orlando has selected a Web-based neurology-specific EHR system from Waiting Room Solutions…the Colorado Regional Extension Center has selected athenahealth as a preferred EHR vendor.
The Florida Department of Health has selected Health Information Designs to set up a statewide online database of narcotic drug prescriptions…NIH has selected Science Applications International to provide software and technical support to the Center for Scientific Review…CentraState Healthcare System in New Jersey has selected health information exchange services from MobileMD…Michigan Health Connect has selected health information exchange software from Medicity…OnePartner has selected information exchange software from MobileMD...ProHealth Physicians in Connecticut has selected a PACS from CoActiv Medical.
Product Development and Marketing
Health IT company iSoft will market CliniWorks' AccelFind software to health care organizations worldwide…MedSEEK has partnered with Florida-based BayCare Health System to develop an integrated online program for clinicians, consumers, employees and patients…Picis will incorporate a nursing documentation vocabulary framework from the Association of periOperative Registered Nurses into its perioperative information system…Cerner will resell IV medication dose tracking software from Baxa…Pennsylvania-based Wolters Kluwer Health will market medical records training software developed by the University of Tennessee.
Puget Sound Blood Center has partnered with ConnectMD to offer ConnectMD's blood-distribution and telehealth technology to hospitals…Intel and GE Care Innovations have launched Care Innovations to produce technologies for the independent living market; MedHelp has partnered with GE to create an application tracking users' moods to help them better grasp their mental well-being…AT&T and patient monitoring application developer MedApps have partnered to offer MedApps products through AT&T's ForHealth portfolio: AT&T and Vitality have made wireless "smart" pill caps available on Amazon.com.
ZyXEL Communications, a broadband access provider, has joined diabetes management company MyGlucoHealth to improve a remote monitoring communications program for diabetes patients...Payment Processing will integrate its payment platform with technology from AdvancedMD Software…InterSystems has joined Spectrum Health, a not-for-profit Michigan health system, to launch a new smart phone application to access personal health information…IBM and Premier healthcare alliance announced a project to unify data to measure performance and improve population health at Premier's more than 2,400 member hospitals and 70,000 other care sites.
Joseph Heins -- former executive vice president and COO of anesthesia monitoring device maker DocuSys -- has been named vice president of global product management and marketing at drug database company First DataBank…James Dye -- former south region vice president for the National Healthcare Group at Dell Services -- has been named senior vice president of client management at MedSynergies, a technology, revenue management and management services consultancy…Kevin Guthrie -- former vice president of marketing, sales and operations at Solvay Pharmaceuticals -- has been named vice president and general manager of Lodestone Solutions, a provider of health care information databases…Rob Grubb -- former senior vice president of production operations at Emageon, a medical technology firm -- has been named president of Amplicare, an information management company that serves hospice, home health and skilled nursing sectors.
The eHealth Initiative has announced nominations for its 2011 board of directors, led by Chair William Jessee -- president and CEO of the Medical Group Management Association -- and Vice Chair Micky Tripathi -- president and CEO of the Massachusetts eHealth Collaborative...health IT company PHNS has named Richard Garnick -- founder and CEO of ConJoin Group, a health IT and business process services company -- as CEO; Jack Kowitt, former senior vice president and CIO of Parkland Health & Hospital System in Texas, as executive vice president; Richard Kneipper, a co-founder of PHNS, as chief strategy officer; Gary O'Neal, managing director of ConJoin Group, as executive vice president of global sales and marketing; Bruce Sugarman, managing director of ConJoin Group, as managing director of global finance; and Viswanath Sivaswamy, former vice president at business process outsourcing firm Quatrro, as managing director of India and global corporate strategy.
Jeanette Schreiber, associate dean and chief legal officer at the University of Central Florida College of Medicine, has been named chair of the Central Florida Regional Health Information Organization…Jonah Frohlich, deputy secretary of health IT at the California Health and Human Services Agency, has been named managing director of the health policy and business advisory division at Manatt, Phelps & Phillips…Richard Logan -- co-founder of the Association of Health Information Outsourcing Services and former CEO of Medicare Records Associates -- has been named executive director of the association... PHR platform provider Dossia has named Michael Critelli -- former CEO of Pitney Bowes, a mailstream software and hardware provider -- president and CEO and Craig Barrett -- retired CEO and chair of Intel -- as board chair.
Keith Cox, an entrepreneur and corporate executive, has been named CEO of Tennessee's Health Information Exchange…Greg Wingrove -- former vice president of corporate accounts, Ortho Americas, for Smith & Nephew, a medical device company -- has been named vice president of corporate accounts for RF Technologies, a provider of RFID applications for health care organizations.