M&A, Financial Reports and Funding
TriZetto Group subsidiary Gateway EDI, a national claims clearinghouse, has acquired NHXS, a vendor of revenue cycle management software, for an undisclosed sum...Symphony Technology Group, a private equity firm, has acquired Source Healthcare Analytics -- a provider of information and analytics for the drug, biotechnology and financial industries -- from Wolters Kluwer Health for an undisclosed sum.
Alliance Health Networks, a social health network developer, has acquired Medify, an online health research services provider, for an undisclosed sum...Quality Systems, a vendor of EHR, practice management and revenue cycle management applications, has acquired The Poseidon Group, a vendor of emergency department information systems, for an undisclosed sum...Quadrant4 Systems, a software developer, will acquire empowHR, a developer of health insurance and employee benefits administration tools, for an undisclosed sum.
Emdeon, a provider of health care revenue, payment cycle management and clinical information exchange tools, reported a Q1 2012 net loss of $17.3 million on $286 million in revenue, compared with a Q1 2011 net income of $7.3 million on $271.5 million in revenue...MedeFile International, a provider of personal health record systems, reported a Q1 2012 net loss of $233,723 on $13,714 in revenue, compared with a Q1 2011 net loss of $448,193 on $132,102 in revenue.
The North Texas Accountable Healthcare Partnership will deploy Orion Health's health information exchange, patient portal and cloud-based EHR tools...health insurer Aetna has selected Kony Solutions' mobile health application development platform...College Park Family Care Center in Kansas has selected eClinicalWorks' EHR system...Orange Coast Memorial Medical Center in California has selected PerfectServe's clinical communication platform...Norton Sound Health Corporation in Alaska will deploy NextGen Healthcare Information System's ambulatory EHR, practice management, and inpatient clinical and financial systems...Chesapeake Regional Medical Center in Virginia has selected ICA's interoperability and data exchange tools...FirstCare Health Plans of Texas has selected Click4Care's care management platform.
Advocate Health Care in Illinois has selected Merge Healthcare's cardiology imaging and informatics applications...Unity Health System in New York has selected Phytel's population health management tools...the state of Arizona will deploy Mosaica Partners' consulting and advisory services for its health information exchange...Globaldoctors Health Solutions, a Brazil-based medical consultation organization, has selected NuPhysicia Serviços Médicos Offshore LTDA's telehealth services...Priority Emergency Room in Texas has selected CMR's emergency department information system...the University Health Network in Canada has selected Wolters Kluwer Health's reference database Lexicomp as its drug information resource... Las Cruces Orthopaedic Associates of New Mexico has selected ChartLogic's EHR products.
Product Development and Marketing
WebPT, a developer of EHR systems for physical therapists, has partnered with ActiveRx, a physical therapy and rehabilitation services provider, to expand WebPT's offerings nationwide...SynerMed, a managed services organization, has partnered with IEHIE, a provider of health information exchange services, to help California health care providers access patient data...Sui Generis Health, a medical education and marketing agency, has partnered with Health 2.0 to develop initiatives and creative planning related to Health 2.0's Developer Challenge program.
N. Clair Detraz -- former vice president at CTG Health Solutions, an IT services provider -- has been named a partner for corporate planning at Encore Health Resources, a provider of advanced health IT consulting services...David Gordon -- former principal at Booz Allen Hamilton -- has been named vice president of Paragon Technology Group's health IT division...Chris Stakutis -- former vice president of engineering at PatientKeeper, a provider of physician health care information systems -- has been named chief technology officer at PointRight, a health care and insurance analytics company.
Philip Sawa -- vice president of sales for the Midwest region at iSirona, a provider of medical device connectivity products -- has been named vice president of sales at the company...John Driscoll -- former group president for new markets at pharmacy benefits manager Medco Health Solutions -- has been named president of Castlight Health, a technology firm aimed at helping employers and health plans compare health care pricing and quality data...Blair Butterfield -- a former vice president at GE Healthcare IT -- has been named president of the North American division at VitalHealth Software, a provider of Web-based health management tools.
Robyn Leone -- former director of the Colorado Regional Extension Center -- has been named director of public policy and government initiatives at e-MDs, a provider of EHR systems...Paul Black -- former COO at health IT company Cerner -- has been named to the board of directors for health IT firm Allscripts Healthcare Solutions; Robert Cindrich -- former senior vice president and chief legal officer at the University of Pittsburgh Medical Center -- also has been named to Allscripts' board of directors...Paul Saleh -- former CFO at media and marketing firm Gannett -- has been named CFO at Computer Sciences Corporation, a company that provides health IT tools and other technology services.