M&A, Financial Reports and Funding
Medipattern, a developer of health care analysis and preventive care tools, has acquired MYTRAK Health System's mobile technology business unit for $500,000 on closing, $500,000 at a later date and 11.4 million in common shares...Azumio, a developer of consumer health applications, has acquired SkyHealth, a mobile health and fitness application developer, for an undisclosed sum.
Diversinet, a mobile health company, has reported a Q2 2012 net loss of $1.1 million on $419,000 in revenue, compared with a Q2 2011 net loss of $1.7 million on $132,000 in revenue.
The Virginia Medical Assistance Services Department -- which administers Medicaid and the Children's Health Insurance Program in Virginia -- has awarded HMS Holdings a one-year contract to develop a health care fraud and abuse detection system...Park Place International, a cloud service provider and systems integrator for the health care industry, has selected CyrusOne's global data center services...St. Francis Medical Center and O'Connor Hospital, both in California, have completed their implementation of iSirona's medical device integration and connectivity system.
Sharp Rees-Stealy, a multispecialty medical group in San Diego, has selected Varolii's patient interaction management technology...Jordan Hospital in Massachusetts has selected dbMotion's EHR interoperability platform and tools...Pomona Valley Hospital Medical Center in California has selected Wolters Kluwer Health's electronic order set software...EyeCare Associates in Alabama has consolidated its 19 practice management systems with InterSystems' database system and EMRlogic Systems' EHR system.
Health Management Physician Network in Florida has selected athenaHealth's cloud-based practice management and EHR systems...New South Wales Health in Australia has selected Milwaukee-based TeraMedica's health imaging exchange tool...the state of Minnesota has awarded Maximus a $41 million contract to create a website for the state's health insurance exchange...Providence Health & Services -- which operates in Alaska, California, Montana, Oregon and Washington -- has selected Nuance Communications' medical voice recognition system.
Product Development and Marketing
CHS Health Services, a workforce health management firm, has partnered with Partners HealthCare's Center for Connected Health to co-market specialty care delivered through telehealth technology...National LambdaRail, an advanced research communications network, has partnered with AT&T to create high-speed networking systems for research hospitals and other health sciences institutions...PilotFish Technology, a provider of health care integration software and services, has partnered with No World Borders, a health IT consulting firm, to provide health care integration tools...4medica has announced plans to integrate Nuance Healthcare's medical speech recognition capabilities into its cloud-based EHR system.
Doctors Access, a practice management services provider, has partnered with CareCloud -- a provider of Web-based practice management, EHR and medical billing software and services -- to launch a new cloud-based practice management platform...GNAX Health, an online image exchange service developer; Acuo Technologies, a developer of clinical platform technology for medical images; and Client Outlook, a provider of clinical image visualization, sharing and collaboration tools, have partnered to develop an integrated platform for accessing, exchanging and managing medical images.
Hello Health has announced a partnership that will allow physicians using Hello Health's EHR and patient management technology to share medical records through 5 O'clock Records' medical request platforms...Fujitsu Frontech North America, a provider of IT-based business applications, has entered into an agreement that designates HT Systems, a health care technology provider, as the exclusive provider of Fujitsu's biometric palm vein recognition technology...NextGen Healthcare has announced a partnership to integrate Health Language's medical terminology and physician documentation tools into its EHR, practice management and health information exchange systems.
Andrew Munroe -- former vice president and counsel at pharmacy benefits manager Medco Health Solutions -- has been named vice president of legal and compliance at Truveris, a pharmacy benefit IT firm...Riyad Omar -- former vice president and principal legal officer at NewsRight, an online content-tracking and licensing company -- has been named general counsel at Practice Fusion, an EHR vendor; Patrick Dugan -- who previously worked at startup technology companies Palantir Technologies and NetSuite -- has been named associate vice president of corporate development at Practice Fusion...Brett Furst -- former vice president of health care at Covisint, a cloud-based health information exchange provider -- has been named CEO of ArborMetrix, a health care analytics and software company.
David Bond -- former president and COO of A4 Health Systems, a developer of EHR and practice management systems -- has been named executive vice president of sales and marketing at Zepherella, a provider of electronic billing and payment processing tools for the health care industry...Richard Crook -- former vice president of sales at onFocus Healthcare, a provider of performance management tools for the health care industry -- has been named vice president of consulting services at HIT Application Solutions, a developer of health care communication software and services...Matt Oefinger -- former chief technology officer at health IT company Watermark Medical -- has been named CTO at OZ Systems, a provider of public health information systems.
David Blumenthal -- former National Coordinator for Health IT -- has been named the next president of the Commonwealth Fund, a private foundation that supports research on health care policy and health systems...W. William Haines -- former vice president of marketing and product development at Elsevier Health Sciences, a publisher of health science publications -- has been named vice president of marketing at Clinical Care Options, a provider of interactive medical education and clinical decision support services...Charles Murphy (D) -- former Massachusetts state representative -- has been named vice president of public policy and government affairs at Arcadia Solutions, a provider of health IT services...Dan Schlewitz -- former executive vice president of sales at Biotronik, a cardiovascular medical device firm -- has been named vice president of global business development at Preventice, a provider of mobile health and remote patient monitoring services.
Rodney Hamilton -- former chief medical information officer and managing director of product strategy at PointClear Solutions, a health care technology consulting firm -- has been named CMIO at ICA, a developer of interoperability tools for health information exchanges...Robert Wachter -- professor and associate chair of the department of medicine at University of California-San Francisco -- has been named to the medical advisory board of EarlySense, a developer of patient monitoring devices...Mary Kasal -- former executive director of the health information exchange at Franciscan Health System in Washington state -- has been named CEO of the Missouri Health Connection, which is building a statewide health information network.