M&A, Financial Reports and Funding
Healthy Advice Networks, a developer of physician and patient engagement software, has acquired PatientPoint, a developer of revenue cycle development and care coordination software, for an undisclosed sum.
WebMD, a provider of online medical information, reported a Q4 2011 net income of $19.2 million on $150.7 million in revenue, compared with a Q4 2010 net income of $36.6 million on $168.5 million in revenue.
Halfpenny Technologies, a provider of clinical data integration tools, has secured $2.25 million in venture capital funding with contributions from multiple investors.
Samsung Telecommunications America, a provider of telecommunications products, has selected Voalté's clinical communications systems...MedWest Health System in North Carolina has selected EMC's unified and automated storage systems...Trenton Health Team in New Jersey will deploy Covisint's health information exchange technology.
TriCore Reference Laboratories in the New Mexico region will deploy 4medica's ambulatory cloud integrated EHR system...Texas Regional Medical Center has selected Iron Mountain's medical image archiving system...Children's Hospital & Medical Center in Nebraska and Loma Linda University Children's Hospital in California have selected Isabel Healthcare's diagnosis decision support and clinical knowledge system...Comanche County Memorial Hospital in Oklahoma will deploy McKesson's hospital information system.
Blue Shield of California has selected HCL Technologies' online assessment and remediation tool for its ICD-10 transition...CVS Caremark's retail health clinic chain MinuteClinic will deploy Allscripts' EHR system...the North Carolina Department of Health and Human Services has awarded HP Enterprise Services a two-year, $122 million contract to continue providing information management services to support the state's Medicaid and mental health programs.
Product Development and Marketing
The American Medical Association is partnering with AT&T to integrate AMA's online physician portal with AT&T's Web-based health care community platform...Medical technology firm GE Healthcare is collaborating with AirStrip Technologies -- a developer of mobile medical applications -- to develop a delivery system for patient monitoring information...NoMoreClipboard, a provider of PHR tools, has partnered with iMPak Health, a vendor of wireless technology, to integrate electronic home health care journals and screening devices with patient portals and PHRs.
Brightwhistle, a provider of digital patient acquisition tools, and MEDSEEK, a provider of patient engagement software, are collaborating on a system to help health care providers manage online search results and conduct social media-based marketing...Learn360Health, a provider of digital video content focused on health care education, and Optimal Solutions, a software development company, are partnering on a video system to deliver educational content to hospitalized school-aged children.
Certify Data Systems has reached an agreement to provide its health information exchange services to customers of Healthcare Management Systems, a vendor of integrated clinical and financial health care applications...the Massachusetts eHealth Collaborative has partnered with MITRE's Center for Transforming Health to showcase comparative measure results for meaningful use quality metrics reporting...ClearDATA Networks, a provider of cloud computing services, has partnered with technology firm HP to offer HIPAA-compliant cloud hosting services for the health care industry.
TeraMedica, a health care informatics company, and Logicalis, a provider of integrated information and communications tools and services, are partnering to provide cloud-based clinical image storage services...CHS Health Services, a provider of onsite health care services, will partner with HealthyCircles, a provider of health care management platforms, to provide a comprehensive physician-patient communication system.
John Hallock -- former director of global corporate communications at athenahealth, a provider of cloud-based practice management and EHR systems -- has been named vice president of corporate communications at CareCloud, a provider of cloud-based practice management, medical billing and EHR systems...David Fisher -- former executive director of the Medical Imaging & Technology Alliance -- has been named vice president of health care policy and strategy at Siemens Healthcare, a provider of medical technology and IT systems.
Jay Meyers -- former director of payer sales and strategy at health information network Availity -- has been named vice president of business development for Care Team Connect, a provider of Web-based care coordination platforms; Jeremy Hogg -- former vice president of sales for quality improvement software firm Medkinetics -- has been named vice president of sales and marketing at Care Team Connect.
Michael Schiller -- former area vice president at EHR provider Allscripts -- has been named senior vice president of sales at Streamline Health Solutions, a provider of revenue cycle management software; Rick Leach, who has worked for Streamline Health Solutions since 2007, has been named senior vice president for solutions at the company.