M&A, Financial Reports and Funding
Medify, an online health information services provider, has raised $500,000 in new funding for a total of $1.8 million in Series A venture funding from multiple investors...Valant Medical Solutions, a Web-based EHR services provider, has raised $937,000 in a new round of equity funding with contributions from multiple investors...Net Health Systems, a provider of clinical information systems, has received an undisclosed investment amount from Spectrum Equity... Practice Fusion, a developer of EHR systems, has raised $34 million in Series C venture funding led by Artis Ventures, a hedge fund.
Atlanta Women's Health Group, an obstetrics-gynecology practice, has selected VeriStor Systems' cloud-based data protection and recovery services...UC-San Francisco Medical Center has finished implementing Epic's EHR system...Swedish Medical Center in Seattle has selected Microsoft's data integration and population health management tools...Mowery Clinic in Kansas has selected NextGen Healthcare Information Systems' ambulatory EHR, practice management and other IT tools...the Texas Department of Information Resources has awarded a contract to Environmental Intelligence for health IT products and services.
Six National Health Service trusts in the United Kingdom have selected Acuo Technologies' clinical content management and data migration software and services...Florida Health Choices, a state-established corporation aimed at improving access to care, has awarded Xerox a nine-year, $68 million contract to administer the state's online health insurance marketplace... TransTech Medical Solutions, a provider of medical transcription and documentation services, has selected M*Modal to provide medical transcription services to its hospital and health care clients...St. Cloud Hospital in Minnesota has selected Merge Healthcare's picture archiving and communication system.
Product Development and Marketing
American Well, a telehealth services provider, has partnered with the University of South Florida's USF Health to offer telehealth services to seniors living in a retirement community; American Well also has partnered with Value Options, a health improvement company, to develop a national behavioral telehealth network...ASCEND HiT has announced plans to integrate InterSystems's health care informatics platform with its cardiovascular information management tools.
Mike Morotti -- former vice president of sales and marketing for Validus Medical Systems, a health IT firm -- has been named vice president of sales at Medsphere Systems Corporation, a provider of open-source EHR tools and services...Tarek El-Sadany -- former vice president of global product support at software developer Oracle -- has been named executive vice president of technology at Remedy Informatics, a provider of registries for the health care and life sciences industries; Manish Muzumdar -- who served on El-Sadany's team at Oracle -- has been named senior vice president of products at Remedy Informatics...George Pace -- former vice president of sales at Verisk Health, a provider of risk assessment and decision analytics -- has been named regional vice president of sales at PerfectServe, a clinical communication services provider.
John Dragovits -- former executive vice president and CFO at Parkland Memorial Hospital in Dallas -- has been named president and COO at Anthelio, a provider of health IT services and business process tools...Michael Renwick -- former principal at MAR Health Services Consulting Group -- has been named business development executive at PROACCURA, a provider of IT security tools for the health care and financial industries...Brenner Adams -- a former director of business development at Microsoft -- has been named senior vice president of business development at ChartLogic, a provider of EHR services...John Arlotta -- former special advisor at General Atlantic, a global growth equity firm -- has been named CEO at CareCore National, a health IT firm.
Mickey McGlynn -- senior director of strategy and operations at Siemens Healthcare -- has been named chair of the Healthcare Information and Management Systems Society's Electronic Health Record Association; Leigh Burchell -- vice president of policy and government affairs at EHR provider Allscripts -- has been named vice chair of the HIMSS EHR Association... Michael Evers -- former global vice president of marketing at Artfact, a provider of live auction software and services -- has been named executive vice president of marketing at PatientsLikeMe, a health data-sharing website; Sebastiaan Foppema -- former senior vice president of provider sales and operations at NaviNet, a health care communication network -- has been named executive vice president of business operations at PatientsLikeMe; Jeremy Gilbert -- former engagement manager at McKinsey & Company, a management consulting company -- has been named head of product at PatientsLikeMe.