M&A, Financial Reports and Funding
Numera, a telehealth provider, has acquired BlueLibris, a wearable device maker, for an undisclosed sum...BioTime, a biotechnology firm, and its subsidiary LifeMap Sciences will acquire XenneX, a searchable genetic database provider, under a deal that will provide BioTime and LifeMap shares to XenneX shareholders...Healthways, a provider of wellness improvement tools, has acquired Ascentia Health Care Solutions, a provider of population health management tools, for an undisclosed sum...Veritas Capital, a private equity firm, will purchase Thomson Reuters' health care unit for $1.25 billion in cash.
Quality Systems, a vendor of EHR, practice management and revenue cycle management applications, has acquired Matrix Management Solutions, a revenue cycle management services provider, for an undisclosed sum...SalePoint, an IT services provider, has acquired PatientWorks, a document automation software developer, for an undisclosed sum...IMS Health, a provider of health care information, services and technology, has acquired DecisionView, a health care software developer, for an undisclosed sum...Nuance, a provider of voice-enabled clinical documentation and analytics systems, has completed its acquisition of Transcend Services, a provider of medical transcription and speech editing services.
CTG, an IT services provider, reported a Q1 2012 net income of $3.36 million on $103.36 million in revenue, compared with a Q1 2011 net income of $2.82 million on $95.90 million in revenue…Allscripts Healthcare Solutions, a provider of EHR, practice management and revenue cycle management systems, announced a Q1 2012 net income of $5.8 million on $364.7 million in revenue, compared with a Q1 2011 net income of $12.6 million on $335.3 million in revenue.
Independa, a developer of mobile health products, has closed its convertible note funding at $2.35 million.
Duke University Health System in North Carolina has selected iSirona's device connectivity system...Novant Health, a hospital system serving several states, will implement Epic Systems' online physician-patient interaction tool...Meritas Health in Missouri has selected eClinicalWorks' EHR system...Miami Children's Hospital in Florida has selected PatientPoint's consulting services and care coordination platform...the Association of Ontario Health Centres has awarded Nightingale Informatix Corporation a $2.15 million contract to provide EHR data migration and retention services.
The Department of Veterans Affairs has extended a contract for Authentidate Holding's remote patient monitoring tools and services...Lakeside Orthopedics in Nebraska will deploy SRS' EHR technology and services...Willis North America, an insurance broker, will deploy Castlight Health's personal health care shopping platform...CMS has selected certified public accountant firm Figliozzi to audit payments and compliance with the agency's meaningful use EHR incentive program...Indian River Medical Center in Florida has selected RelayHealth's health information exchange system...health publisher Elsevier will deploy Healthline Networks' semantic search platform.
CenterLight Health System in New York has selected Authentidate Holding's referral management system...ResCare, a home care services provider, has selected MedApps' remote patient biometric monitoring services...Shepherd Center in Georgia, Baton Rouge General Medical Center in Louisiana, North Shore-LIJ Health System in New York and University of Texas MD Anderson Cancer Center have selected Siemens Healthcare's revenue cycle management system...Montgomery County Memorial Hospital in Iowa has deployed NTT DATA's emergency department information system...PRC Clinical, a vendor of clinical management services, has selected Trial by Fire Solutions' clinical trial management system.
Product Development and Marketing
iHealth Lab has announced a partnership to integrate its mobile personal health care products with Tactio Software's mobile wellness applications...Welch Allyn, a provider of medical diagnostic equipment, has partnered with DETECTO, a medical scale manufacturer, to enable automated interface between their respective devices...Royal Philips Electronics, a Netherlands-based distributor of home health care products, has partnered with Vidyo, a telehealth software provider, to develop a clinical platform for communication and collaboration...HIE Networks has partnered with the Florida Podiatric Medical Association to make patient medical records more accessible to authorized health care providers.
Rob Cronin -- former head of corporate communications at Surescripts, an electronic prescribing network -- has been named practice leader for healthcare technology and transformation at WCG, a strategic communications consulting firm...Ellen Donahue-Dalton -- founder of the Dalton Marketing Group -- has been named executive vice president and chief marketing officer at MEDecision, a provider of collaborative health management tools...Bill Davis -- CFO of Allscripts Healthcare Solutions, a provider of EHR, practice management and revenue cycle management systems -- is leaving the company on May 18; Phil Pead, chairman of the board at Allscripts, left the company on April 26.