M&A, Financial Reports and Funding
Dohmen, a provider of health benefits management and mitigation support services, has acquired health care analytics company PlanIT for an undisclosed amount...TriZetto Group, a health care software company, will acquire Gateway EDI, a health care revenue cycle management company, for an undisclosed amount…Harris Corporation Healthcare Solutions will acquire Carefx, a provider of health care interoperability programs, for $155 million.
Computer Task Group, a health IT services company, reported a Q4 2010 net income of $2.65 million on $87.3 million in revenue, compared with a Q4 2009 net income of $1.63 million on $67.6 million in revenue. The company also reported a full-year 2010 net income of $8.4 million on $331.4 million in revenue, compared with a full-year 2009 net income of $5.9 million on $275.6 million in revenue...Acuo Technologies, a software provider for the medical imaging industry, reported 25% fiscal year 2010 revenue growth over the previous year.
HealthShare Montana has selected Covisint technology for its statewide health information exchange...medical tourism company Health Travel Guides has selected Zweena's PHR system...Los Angeles' Cedars-Sinai Health System has selected an EHR system from Encore Health Resources...UMass Memorial Health Care has selected MedCPU's meaningful use adviser tool...BayCare Health System in Florida has chosen an EHR system from eClinicalWorks...Madison Memorial Hospital in Idaho and Ashe Memorial Hospital in North Carolina have selected clinical and documentation software products from PatientKeeper...Parrish Medical Center in Florida will roll out health IT systems from McKesson.
eHealthConnecticut, the state's regional extension center, has picked Intivia to provide EHR software...the Colorado Regional Extension Center has selected Greenway Medical Technologies for its EHR, practice management and interoperability systems...Washington state's MultiCare Health System has selected GlobalMedia's telemedicine system...UNC Health Care in North Carolina has selected IBM's health information exchange technology...New York-based Continuum Health Partners has chosen to use IntrinsiQ's clinical oncology software with eClinicalWorks' EHR and practice management systems.
UK HealthCare in Kentucky has selected EHR and practice management systems from Allscripts...Minnesota's Glacial Ridge Health System has deployed Healthland's EHR system…the Arizona Heart Foundation and the Barrow Neurological Institute in Phoenix have chosen teleconsultation and online medical clinic technology from Cisco and Emerge.MD…St. Joseph Health System, based in California, has selected telehealth technology from Cisco and AT&T...Washington, D.C.-based George Washington Medical Faculty Associates, Central Utah Clinic, Mankato Clinic in Minnesota, Hutchinson Clinic in Kansas and Illinois-based Springfield Clinic have chosen EHR services from Jardogs.
Product Development and Marketing
Greenway Medical Technologies, a practice management and interoperability systems provider, is working with HP to offer custom EHR systems for medical practices...health IT exchange system provider Orion Health has partnered with private cloud hosting systems provider Logicworks to provide secure hosting for health information exchange systems...the American Association of Orthopedic Surgeons has partnered with Gateway EDI to bring Gateway EDI's claims processing and revenue management services to AAOS members...Sage Healthcare Division and HealthUnity will integrate health information exchange technologies.
Lumidigm, a provider of biometric sensors, and Imprivata, a provider of single sign-on and authentication platforms, will create EHR applications for health care providers wearing surgical gloves...Harris will deliver health IT tools to Cancer Treatment Services International, a network of oncology clinics...the Vendor Selection and Management Community of Practice for regional extension centers and the HIMSS EHR Association have formed the EHR Vendor Communications Workgroup, a joint initiative to ensure that the adoption and use of health IT improves health care...international online physician directory Medeguide and the American Academy of Private Physicians will promote global health care options to AAPP members and patients by listing AAPP physicians on Medeguide's homepage.
GE Healthcare will combine its patient monitoring services with Capsule Tech's device connectivity and monitoring applications...athenahealth will integrate its cloud-based EHR and practice management systems with Microsoft's enterprise health intelligence system to develop data software that will auto-populate PHRs; Microsoft also will partner with Royal Philips Electronics to provide radiologists with a view of complete patient medical records; Microsoft also will partner with Dell to deliver analytics, informatics, business intelligence and performance improvement services to community hospitals...speech technology provider M*Modal has partnered with iMedX, a health care software and services company, to provide more advanced technology for transcriptionists…GE Healthcare has teamed with Cisco to improve management of medical equipment inventory and patient flow.
Farzad Nazem -- former chief technology officer at Yahoo! -- has been named platform thought leader and to the board of directors of Apixio, a provider of online medical information retrieval tools...Warren Baker -- former COO at Advanced Research Technologies in Canada -- has been appointed president, COO and to the board of directors of iTech Medical, a developer and researcher of health IT systems...health IT company Merge Healthcare has named Steve Brewer as executive vice president of product solutions and Steve Martin as senior vice president of sales -- both of whom came from ECIN, a Web-based care management provider acquired by Allscripts in 2007.
Stephen Kahane -- former president, CEO and chair of Amicas, an imaging IT company that was acquired by Merge -- has been named president of the enterprise services group at athenahealth...the eHealth Initiative, a not-for-profit that promotes EHRs and health information exchange, has elected its 2011 officers and two new members to its 12-member board…J. Marc Overhage -- founder and former president and CEO of the Indiana Health Information Exchange -- has been named chief medical informatics officer of Siemens' health services business unit…Michael Bakerman -- former associate medical director for Partners HealthCare in Boston -- has been named chief medical informatics officer at UMass Memorial Health Care…Gigi Gray -- former manager at the Ritz Carlton -- has been named user experience manager for point-of-care smart phone communications provider Voalt.