M&A, Financial Reports and Funding
Health IT company Lumeris and three insurers -- Highmark, Horizon Blue Cross Blue Shield of New Jersey and Independence Blue Cross -- will acquire health care communications network NaviNet for an undisclosed sum.
athenahealth -- a provider of cloud-based practice management, EHR and care coordination services -- reported a Q4 2011 net income of $5.3 million on $92.5 million in revenue, compared with a Q4 2010 net income of $7.3 million on $69.4 million in revenue.
Children's Hospital and Medical Center in Nebraska has selected iSirona's medical device connectivity application...Sunnybrook Health Sciences Centre in Toronto, Canada, has selected CGI Group's clinical content management system...Fletcher Allen Health Care in Vermont will deploy MEDSEEK's patient portal and consumer engagement tools…the Hawaii Health Information Exchange has selected Medicity to develop its health IT infrastructure.
Genesis Physicians Group in Texas has selected McKesson's health care provider performance management system...DuPage Medical Group in Illinois has deployed Merge Healthcare's applications for accessing medical and ophthalmic images...Ridgeview Medical Center in Minnesota has selected Allscripts' EHR and practice management systems...Spalding Surgical Center in California has selected MMRGlobal's electronic document management and imaging systems.
Family HealthCare Center in Minnesota and North Dakota has selected Intelligent InSites' real-time location system software for hospitals...Grand River Hospital in Ontario, Canada, will deploy Karos Health's connectivity and clinical integration tools...Montefiore Medical Center in New York will deploy GE Healthcare's inpatient and outpatient EHR systems…the Royal Wolverhampton Hospitals NHS Trust in the United Kingdom has selected Awarepoint's real-time location system and workflow software.
Cottage Health System in California, South County Hospital Healthcare System in Rhode Island and Tanner Health System in Georgia have selected Greenway Medical Technologies' EHR and practice management system...Sharpe Medical Consulting in Washington, D.C., has selected ZoomMed to build an EHR system for behavioral health care providers...Coventry Health Care, a Virginia-based health insurer, has selected Watermark Medical to provide home-based health IT tools for the diagnosis of sleep apnea.
Product Development and Marketing
The Healthcare Information and Management Systems Society, a health IT trade organization, will partner with Open Health Tools, a not-for-profit health IT organization, to promote the use of open source technology, health IT conferences and other resources...NextGen Healthcare Information Systems, a provider of health care information and connectivity systems, will partner with insurer Humana to accelerate EHR adoption and the exchange of health and billing information among health care providers.
Communications services provider Sprint will partner with telehealth firm HealthSpot to embed wireless connectivity in HealthSpot's electronic patient kiosk system...Emdeon will integrate its lab-order entry and electronic prescribing system with Informatics Corporation of America's health data exchange technology...Telehealth firm InTouch Health will partner with medical education services provider Platinum Training to develop and market video collaboration and broadcast services for surgical training and education.
Aneesh Chopra, former White House CTO, has been named senior adviser of health care technology strategy at the Advisory Board Company, a health care research, technology and consulting company (The Advisory Board Company produces iHealthBeat for the California HealthCare Foundation)...Todd Cozzens -- CEO of Optum Accountable Care Solutions -- has been appointed to the board of directors at PerfectServe, a provider of clinical communication services…Hon Pak -- interim CEO at Diversinet, a provider of mobile health care products -- has been named CEO of the company.