Health IT Business News Roundup for the Week of April 20, 2012

TOPIC ALERT:

M&A, Financial Reports and Funding

GHX, a provider of health IT and supply-chain management services, has acquired TriSolve, a United Kingdom-based health care consulting firm, for an undisclosed sum...Mediware, a health care software provider, has completed its acquisition of the Cyto Management System, a chemotherapy management software provider, for $2.22 million...SXC Health Solutions, a health IT firm and pharmacy benefit manager, will acquire pharmacy benefit manager Catalyst Health Solutions for $4.4 billion in cash and stock.

REACH Health, a telehealth technology provider, has raised $4 million in venture capital with contributions from multiple investors...MMRGlobal, a personal health record provider, has entered into a continuous investment agreement for up to $15 million with Granite State Capital, an investment firm.

Contracts

Franciscan Alliance, a health care system serving Indiana and Illinois, has selected iSirona's device connectivity software...the state of Minnesota has selected Hielex to support the development of its health information exchange...Lifespan, a Rhode Island-based health care system, has selected MediClick's data analytics and savings tools...OrthoNow, a Florida-based orthopedic urgent care system, has selected CareCloud's cloud-based EHR, practice management and medical billing software and services...Doctors Express, a national urgent care center franchise, has selected DocuTAP's EHR and practice management systems...NIH will deploy Carestream Health's radiology information system.

Tampa Eye Clinic in Florida will implement TSI Healthcare's EHR system...Minnesota Eye Consultants has selected NextGen Healthcare Information System's ambulatory EHR and practice management systems...The Department of Pathology and Laboratory Medicine at the University of Southern California's Keck School of Medicine has selected PathCentral's Web-based anatomic pathology laboratory information system…The University of Southern California's Institute for Creative Technologies has selected Cogito Corporation's psychological sensing technology to be incorporated into telehealth consultations with military service members… CMS has awarded a $111 million contract to National Government Services to further develop the software system used by Medicare beneficiary call centers.

Product Development and Marketing

ClearData, a provider of cloud computing platforms and services for the health care industry, has partnered with the South Dakota Regional Extension Center for Health IT to provide HIPAA security risk analyses and other information security services to health care providers...ScriptRx has announced a partnership to integrate its touch-screen EHR systems with Star Micronics America's point-of-service printers...BioClinica, a provider of clinical trial management software, and Paragon Solutions, an advisory consulting and systems integration firm, will collaborate to create a clinical data integration platform.

OneHealthPass, a provider of telehealth services, has entered into a marketing agreement with Alliance Urgent Care, an Arizona-based urgent care organization, to increase their customer bases.

Personnel

Robert Sheahan -- former senior vice president of sales and marketing at Systems Made Simple, a health IT systems and services provider -- has been named executive vice president of the company...Siobhan O'Bara -- former vice president of customer operations and supply-chain systems and solutions at Covidien, a vendor of medical products -- has been named vice president of health care at GS1 US, an information standards organization...Chuck Musciano -- former CIO at Martin Marietta Materials, a construction aggregate producer -- has been named CIO at M*Modal, a clinical documentation and speech recognition services provider...David Lareau -- former COO at Medicomp Systems, a health IT services provider -- has been named CEO of the company.

Brad Blakely -- former vice president of sales at EHR provider NextGen Healthcare -- has been named vice president of sales at CareCloud, a provider of cloud-based EHR, practice management and medical billing software and services…Tom Stampiglia -- former CEO at Medical Present Value, a revenue cycle management and health care analytics firm -- has been named CEO at Origin Healthcare Solutions, a provider of revenue cycle management and business intelligence services… Kim Suga -- former director of business development at Anvita Health, a provider of health care analytics technology -- has been named vice president of payer sales at health IT company Healthx.


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