Health IT Business News Roundup for the Week of November 16, 2012

TOPIC ALERT:

M&A, Financial Reports and Funding

HealthPort, a provider of release-of-information and auditing services for the health care industry, has merged with release-of-information company Discovery Health Records Solutions...Healthiest You, a provider of cloud-based digital wellness tools, has merged with HealthNowMD, a telehealth provider...Ferrer Freeman & Co., a private-equity firm, has acquired Arcadia Solutions, a provider of health IT services, for an undisclosed sum...CACI, a defense and intelligence IT firm, has acquired Emergint, a provider of health IT services for federal and state agencies, for an undisclosed sum.

Authentidate Holding, a provider of Web-based software and telehealth systems, has reported a Q1 2013 net loss of $2.5 million on $921,000 in revenue, compared with a Q1 2012 net loss of $1.9 million on $751,000 in revenue...New Mexico Software, a telehealth provider doing business as Net Medical Xpress, has reported a Q3 2012 net loss of $19,000 on $964,000 in revenue, compared with a Q3 2011 net loss of $71,000 on $719,000 in revenue.

Dalcon Communication Systems, a vendor of inpatient communication tools for nurses, has raised $3.75 million in funding and changed its name to Amplion Clinical Communications...EarlySense, a manufacturer of health care sensor devices and remote monitoring systems for patient beds, has secured $15 million in funding with contributions from multiple investors.

Contracts

Health Network Laboratories, a multi-regional medical laboratory in New Jersey and Pennsylvania, has selected Extract Systems' electronic lab result delivery system...Orlando Health -- a private, not-for-profit health care network in Florida -- has selected Phytel's Web-based population health management tools...Erie County Medical Center in New York has selected Merge Healthcare's electronic imaging and information system...CMS has selected CGI Federal to redesign the agency's Medicare website for mobile platforms...MU Medical Management, a practice management and medical billing services provider, has selected ClearDATA Networks' cloud computing platform to host its EHR and practice management software...Texas-based First Street Hospital, Medina Regional Hospital, Red River Regional Hospital and Ward Memorial Hospital will deploy Healthland's EHR system.

Central Washington Hospital in Washington state has selected FairWarning's patient privacy auditing tools...the Department of Defense and the Department of Veterans Affairs have awarded Document Storage Systems a subcontract to provide support for their integrated EHR project...NBN Group -- a provider of home health care services in Delaware, New Jersey and Pennsylvania -- has selected Authentidate Holding's referral management system...The National Basketball Association has selected Cerner's EHR and health care management system...BlueCross BlueShield of Tennessee has selected Teradata's clinical data analytics system...Oakwood Healthcare, a Michigan-based health care organization, has renewed a multiyear IT outsourcing contract with CareTech Solutions, an IT and Web services provider for hospitals...Brattleboro Memorial Hospital in Vermont has implemented Unibased Systems Architecture's electronic resource management system.

Product Development and Marketing

Escalon Medical, a vendor of ophthalmic diagnostic and surgical tools, has partnered with Modernizing Medicine, an EHR provider, to provide cloud-based EHR and image management tools to ophthalmic practices...Doctorsoft, a vendor of an EHR systems for ophthalmic practices, has announced a partnership to offer Corcoran Compliance Connection's Web-based compliance and coding system to Doctorsoft's customers...Surescripts, an electronic prescribing network, has partnered with EHR provider NextGen Healthcare to connect NextGen to Surescripts' interoperability network.

Prognosis Health Information Systems will integrate its inpatient and outpatient EHR tools with Health Language's clinical terminology software...iMedicor has entered an agreement to offer its health information exchange services to Galaxy Health Network's PPO and managed care provider network...Anesthesia Business Consultants, a Michigan-based physician billing and practice management provider, has signed an agreement to resell DR Systems' cloud-based ambulatory EHR system...DrFirst has announced an agreement to embed Halfpenny's integrated technology framework into its electronic prescribing system...Alpha II is integrating its medical claims scribbing system with Aprima Medical Software's EHR and practice management tools.

Personnel

Shaun Costello -- former vice president of IT hosting services at Value Options, a provider of online behavioral health and wellness services -- has been named CIO of the company...Gilman Louie -- a partner at Alsop Louie Partners, a venture capitalist firm -- has been appointed to the board of directors at the Markle Foundation, a not-for-profit organization with interests in health IT...Keith Pitts -- vice chair of Vanguard Health Systems, a network of acute care specialty hospitals in Arizona, Illinois, Massachusetts, Michigan and Texas -- has been appointed to the board of directors of Awarepoint, a provider of real-time location system tools and work flow software for the health care industry...H. Allen Dobbs -- former CMO at HHS -- has been named CMIO at Apprio, a provider of technology tools for the health, defense and homeland security markets...John Doyle -- former COO for biotechnology company Achaogen -- has been named CFO of Castlight Health, a health benefits software company.

Harry Jacobson -- chair of MedCare Investment Funds and founder and managing director of TriStar Technology Ventures -- has been appointed chair of the board of directors for digiChart, a provider of EHR and practice management systems for OB-GYN practices...Donald Wegmiller -- chair of C-Suite Resources, a health care business intelligence firm, and chair emeritus of Integrated Healthcare Strategies, an executive compensation and physician compensation organization -- has been named chair of the board of directors at Scottsdale Institute, an association of health care delivery systems focused on using IT to improve quality...Kelley Shudy -- former group senior vice president of channel and community operations at Allscripts -- a provider of EHR and health IT systems -- has been named vice president of sales for Net Health Systems, a provider of clinical information systems for wound care.


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