Business and Finance

Friday, July 06, 2012

Health IT Business News Roundup for the Week of July 6, 2012

M&A, Financial Reports and Funding

Cegedim, a provider of software and services for the health care industry, has acquired ASP Line, a French publisher of pharmacist software, for an undisclosed sum...Tegal, a health care technology development company, will acquire CollabRx, a genomic medicine IT provider, in a deal involving the exchange of 236,433 shares of Tegal common stock for all of CollabRx's capital stock, as well as other terms...HealthStream, an online health care education vendor, has acquired Decision Critical, a talent management software provider for the health care industry, for $4.3 million.

Dell will acquire Quest Software, a management software provider for health care and other industries, for about $2.4 billion...M*Modal, a clinical documentation and speech recognition services provider, will become a private company under a $1.1 billion acquisition deal with One Equity Partners, an equity arm of JPMorgan Chase...MediSwipe, a provider of payment and financial tools for the health care industry, will acquire certain assets of SweetMD, a provider of telehealth services and online health care platforms, for an undisclosed sum.

Contracts

Crystal Run Healthcare, a multi-specialty health care practice in New York, has selected Zyrion's IT infrastructure monitoring software...Madrid Health Service in Spain has fully implemented the Madrid EHR system with assistance from Accenture, a management consulting and technology services firm...Gilbert Hospital and Florence Hospital at Anthem, both based in Arizona, have selected Healthcare Management Systems' EHR system.

Product Development and Marketing

PACSGEAR, a provider of imaging connectivity for EHRs, has announced an agreement with Merge Healthcare to participate in the Open Image Exchange, a cloud-based network for exchanging medical images and information...XMRI.com and WORLDRAD.com -- two subsidiaries of USARAD.com, a provider of outsourced radiology services -- will partner with TELEMED PROVIDERS, an Egypt-based telehealth company, to promote teleradiology services across the Middle East.

Personnel

Anthony Costello -- former COO of Mytrus, a clinical technology and services company -- has been named CEO of the company...Ed Bonn -- former president and CEO at Southern Regional Health System in Georgia -- has been named enterprise vice president for the southeast region at Care Logistics, a hospital logistics software provider.

Tushar Hazra -- who previously worked on information system projects at the Department of Veterans Affairs -- has been named enterprise information technologist at Systems Made Simple, a provider of IT systems and services for the health care industry...Bret Jorgensen -- director at MDVIP, a physician group -- has been named chair of the board at Diversinet, a provider of secure mobile health products.



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