Health IT Business News Roundup for the Week of August 19, 2011


M&A, Financial Reports and Funding

Axiom Systems, a health IT company, has acquired Ivertex Internet Solutions, an administrative software company, for an undisclosed sum...General Dynamics, a defense contractor, will acquire Vangent Holding, a provider of health IT systems and services to military and other federal agencies, for about $960 million in cash.

Quality Systems, a hospital and physician software vendor, will acquire CQI Solutions, a vendor of surgical information systems, for an undisclosed firm Hewlett-Packard has reached a deal to acquire Autonomy, an information management systems provider that serves the health care industry, for $42.11 per share.


United Regional Health Care System in Texas will implement iSirona's device connectivity system...the Colorado Regional Health Information Organization and the Colorado Regional Extension Center have selected BridgeFront as a preferred e-learning provider...Volunteers in Medicine in Indiana will offer its patients NoMoreClipboard's personal health record system.

Lakewood Health System in Minnesota has chosen McKesson's health information system...MedPlast, a provider of thermoplastic medical devices, has selected StorSimple's cloud storage system...Stamford Hospital in Connecticut will deploy the SmartRoom patient data integration platform developed by University of Pittsburgh Medical Center and IBM...The Department of Veterans Affairs has awarded a $3.4 million contract to Beacon Enterprise Solutions Group to develop real-time locating systems for VA hospitals.

Australia has selected Accenture to establish the country's nationwide PHR system...the Maine Medical Center Physician-Hospital Organization has selected athenahealth's practice management, billing and EHR services...the University of Chicago Medical Center will implement Omnicell's medication and supply management and analytics tools...Oregon State University Student Health Services has selected eMix's cloud-based medical imaging sharing service.

Product Development and Marketing

THA Group, an in-home health company in Georgia and South Carolina, is partnering with telehealth services provider Cardiocom to offer a telehealth program for patients with chronic conditions...NaviNet, a provider of mobile health care management tools, will offer health care providers in Aetna's Florida network access to clinical and patient alerts and e-prescribing services for smartphones and tablets.

Product Development Technologies -- a worldwide product development firm -- and SoftServe -- a provider of software development, testing and consulting services -- are collaborating on medical product development to support the meaningful use of health IT...InterSystems, a provider of coordinated care software, and information software provider Medical Systems are launching an EHR and practice management application for community health centers.


Graham Hughes -- a former GE Healthcare executive -- has been named chief medical officer for the SAS Center for Health Analytics and Insights, a provider of business intelligence software and services...Christine Bechtel -- vice president of the National Partnership for Women and Families and a member of the Health IT Policy Committee -- has been named to the editorial advisory board of the Commission for Case Manager Certification's new online educational resource...James Mathews -- former business development and government initiatives representative at Sage Healthcare -- has been named vice president of business development at Kareo, a provider of medical billing software.

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