M&A, Financial Reports and Funding
Emdeon, a provider of health care revenue and payment cycle management tools, has acquired TC3 Health, a provider of cost-containment tools and services for health care payers, for an undisclosed sum...PracticeMax, a provider of revenue cycle management and software services for health care providers, has acquired KLO Professional Billing, a provider of billing and practice management services, for an undisclosed sum.
Health care software developer Mediware Information Systems reported a Q3 2012 net income of $1.9 million on $16.9 million in revenue, compared with a Q3 2011 net income of $1.4 million on $13.8 million in revenue...eResearch Technology, a provider of clinical trial tools and services, reported a Q1 2012 net income of $3.8 million on $50.5 million in revenue, compared with a Q1 2011 net income of $3.1 million on $41.7 million in revenue...iMedX, a health care software and services company, has acquired the assets of Accumed Script, a provider of medical transcription services, for an undisclosed sum.
EveryMove, an interactive health tracking program, has raised $2.6 million in series A financing, with contributions from multiple investors.
Argus Healthcare Solutions, a provider of health care information management services, has selected CoreLink Data Centers' data center hosting services and support...Northeast Georgia Physicians Group has selected Phytel's population health management platform...University of California-Irvine Medical Center will deploy iSirona's medical device connectivity tool...Lutheran HealthCare in New York has selected Merge Healthcare's imaging platform...Beaumont Health System in Michigan has selected InterSystems' informatics platform...Stilwell Memorial Hospital in Oklahoma has selected Medsphere Systems' EHR system...The Mickey Fine Pharmacy chain in California will deploy MMRGlobal's personal health record system.
The Texas Department of Information Resources will provide all state, county and local agencies with discounted pricing on EHR Doctors' health information exchange tools...the Department of Veterans Affairs' Office of Information and Technology has awarded communications and IT company Harris Corporation a $2 million contract to help the agency transition to ICD-10 code sets...NIH has awarded Booz Allen Hamilton a five-year, $2.5 million task order to provide health data privacy and compliance services...The United Kingdom's Department of Health has extended a contract with Accenture to provide picture archiving and communications systems to certain National Health Service Trusts...Barrington Orthopedic Specialists of Illinois will deploy NextGen Health Information Systems' EHR, practice management and patient portal tools.
Product Development and Marketing
Shareable Ink, a provider of cloud computing services, has partnered with Medical Web Technologies, a provider of Web-based medical information tools, to provide cloud-based EHR technology...BerylHealth, a patient experience firm, has partnered with Baird Group, a consulting firm, to provide hospitals and health systems with customer service and patient-experience improvement tools...NeuroLogica, a vendor of imaging equipment, has partnered with MEYTEC GmbH, a vendor of telehealth tools, to develop a mobile ambulance for stroke care equipped with telehealth technology.
CoActiv Medical, a provider of health IT systems and software, and PenRad Technologies, a software developer, have partnered to deliver advanced imaging and information management tools...the Indiana Health Information Exchange has partnered with SeeMyRadiology.com, a cloud-based imaging platform, to improve radiology image sharing and access...M*Modal, a provider of clinical documentation services, and 3M Health Information Systems have signed a software interface license agreement...Numera has entered into a partnership to offer MEDgle's health risk assessment tools, real-time analytics and clinical decision support models within Numera's social mobile behavior change platform.
CompuMed, a vendor of advanced imaging and medical informatics tools and services, has partnered with GE Healthcare to offer a telehealth-enhanced electrocardiogram system...the New York City Health Department and Dossia are collaborating to offer Dossia's personal health record tools to the members of five Brooklyn churches...the Healthcare Information and Management Systems Society and United Kingdom-based Citadel Events have renewed their partnership to strengthen health care informatics in the U.K.
Stephen Ferzoco -- a former surgeon at Brigham and Women's Hospital in Boston -- has been named CMO at Mobiquity, a developer of mobile health technologies...Tim Smelcer -- former CIO at law firm Hodes, Pessin and Katz -- has been named president and CEO at MED Cloud, a medical technology company and EHR provider...Laurance Stuntz -- former vice president at NaviNet, a health care communications network and technology company -- has been named executive director of the Massachusetts eHealth Institute, an independent state agency focused on promoting health IT adoption.
Greg Ericson -- former CIO at Maxim Healthcare, a provider of medical staffing and home health and wellness services -- has been named corporate senior vice president and CIO at Press Ganey Associates, a health care performance improvement firm and software provider...John Calabro -- former health IT coordinator at the Oklahoma Health Information Exchange Trust, has been appointed leader of Cognosante's health information exchange practice...Kathryn Twiddy -- former vice president, senior associate general counsel at Quintiles Transnational Corporation -- has been named chief legal officer of M*Modal, a provider of clinical documentation services and speech understanding tools.