M&A, Financial Reports and Funding
Deloitte Consulting, a management consulting firm, has acquired Recombinant Data, a provider of data warehousing and clinical intelligence tools for health care organizations and academic medical centers, for an undisclosed sum...Access Information Management -- a provider of record and information management services for the health care industry and other sectors -- has acquired Adams Data Management, a provider of digital records protection services, for an undisclosed sum...CareStream Health, a provider of digital radiography systems and health IT tools, has acquired Genesis Digital Imaging, a developer and distributor of imaging software and systems, for an undisclosed sum.
QuantiaMD, an online physician community and collaboration network, has secured $12 million in expansion funding from Fuse Capital…VitaPortal, a provider of online and mobile health applications in Russia, has secured $2 million in Series A funding led by Prostor Capital, a Russian investment fund.
Diversinet, a mobile health services firm, reported a Q3 2012 net loss of $700,000 on $451,000 in revenue, compared with a Q3 2011 net loss of $1.1 million on $333,000 in revenue...Merge Healthcare, a provider of clinical information systems, has reported a Q3 2012 pro forma net income of $900,000 on $61 million in revenue, compared with a Q3 2011 pro forma net income of $5.3 million on $60.6 million in revenue.
CMS has awarded a five-year, $100 million task order to General Dynamics to provide IT services for the Medicare secondary payer program...TriRivers Health Partners, a joint venture health IT organization in Illinois, has selected RSA's security management tools...Resurgens Orthopaedics in Georgia has selected Merge Healthcare's patient image archiving system and disaster recovery tools...the American Association of Endocrine Surgeons has selected ArborMetrix's clinical performance analytics system...the Huntington Medical Foundation, a multi-provider group in California, has selected Allscripts' revenue cycle management system.
Lombardia Informatica, an IT company in Italy, has awarded Accenture a 30-month contract to develop and manage an integrated health care technology platform...The Military Health System has awarded a two-year, $11.2 million contract to Eleu Pacific Partners to conduct a feasibility study of the transition and migration strategies that would be deployed by the Pacific Joint Information Technology Center, a health IT testing center for the Department of Defense and the Department of Veterans Affairs...Mountain States Health Alliance -- a not-for-profit hospital system with locations in Kentucky, North Carolina, Tennessee and Virginia -- has selected Streamline Health Solutions' suite of business analytics and automated work flow tools.
Intermountain Healthcare, a not-for-profit health system serving Idaho and Utah, has selected SA Ignite's meaningful use attestation and reporting tools...CDC has awarded a $9.2 million task order to ICF International to provide data exchange and laboratory informatics services to certain CDC divisions...pharmaceutical company Sanofi has selected Medidata Solutions' electronic data capture, management, reporting and coding applications...the University of Louisville in Kentucky has selected Oracle's health care analytics and database applications...Altru Health System in North Dakota has selected Perceptive Software's content and process management systems.
Hutcheson Medical Center in Georgia has selected Healthcare Management Systems' EHR, emergency department information system and meaningful use consulting services...Brown & Toland Physicians, a California-based independent practice organization, has completed its implementation of Humedica's clinical analytics platform...Hometown Urgent Care, an urgent care organization with locations in Kentucky, Michigan and Ohio, has selected DocuTAP's EHR and practice management software...Medical Mutual of Ohio, an Ohio-based health insurance provider, has selected Kony Solutions' mobile platform for health care applications.
Product Development and Marketing
Document Storage Systems, a provider of software and support for the Department of Veterans Affairs' VistA EHR system, has partnered with GetWellNetwork, a provider of interactive patient care tools, to provide a patient engagement platform to two VA medical centers…NuPhysicia, a provider of remote medical services, has partnered with Harris CapRock Communications, an international communications and IT company, to provide remote telehealth technology...PACSGEAR, a provider of imaging connectivity for EHR systems, has announced an agreement with itMD, a medical image sharing company, that will allow itMD to participate in a cloud-based network for securely sharing medical images and information...TIBCO Software has announced a partnership to integrate its business process management platform with Siemens Healthcare's suite of EHR and health IT products.
Nick Willocks -- former president of CombineMED, a joint venture between the University of Pittsburgh Medical Center and CombineNet, and a former employee at McKinsey, a management consulting firm -- has been named president of Symphony, a health IT services provider...Ron Keen -- CIO and co-founder of PureWellness, a provider of corporate employee wellness programs and health engagement tools -- has been appointed to the Vermont Information Technology Leaders' board of directors...John Glaser -- CEO of the health services business unit at Siemens Healthcare -- has been elected to the board of directors at InTouch Health, a provider of acute care telehealth services.
The Workgroup for Electronic Data Interchange has appointed to its 2013 board of directors Gail Kocher of the Blue Cross Blue Shield Association, Tom Meyers of America's Health Insurance Plans, Catherine Mesnik of St. Joseph Healthcare, Nancy Spector of the American Medical Association, Ed Hafner of TIBCO, Charlie Jarvis of NextGen Healthcare and Marian Reed of McKesson...Brian Mitchell -- former general manager and vice president of hospital and large practices sales and technology sales at GE Healthcare -- has been named senior vice president of sales at SPi Healthcare, a provider of revenue cycle management and clinical documentation tools.
Todd Cozzens -- an adviser at Sequoia Capital, a venture capital firm -- has been appointed chair of the board of directors at AirStrip Technologies, a mobile health IT provider; Keith Pitts -- vice chair at Vanguard Health Systems, which operates health care facilities in five states -- also has been appointed to AirStrip's board...David Jackson -- vice president of Midwest Medical Record Association, a provider of health information management tools -- has been named president of the Association of Health Information Outsourcing Services, an association of executives from health information management outsourcing firms...David Borden -- CTO of MRO, a provider of disclosure management services and applications for health care organizations -- has been appointed to the Pennsylvania eHealth Partnership Authority, which is responsible for developing and maintaining a health information exchange in the state.