M&A, Financial Reports and Funding
Mediware Information Systems -- a provider of automation software for blood management, cellular therapy and medication management -- has acquired Strategic Healthcare Group, a blood management consulting and IT company, for an undisclosed sum; Private-equity firm Thoma Bravo has entered into an agreement to acquire Mediware Information Systems for about $195 million... Elsevier, a health information publisher, has acquired ExitCare, a provider of print, video and interactive patient education tools, for an undisclosed sum.
MRO, a provider of disclosure management applications and services to health care organizations, has acquired Florida Medical Record Services, a provider of release-of-information services, for an undisclosed sum...athenahealth, a provider of cloud-based practice management and EHR software and services, has acquired Healthcare Data Services, a provider of data analysis and population health management services, for an undisclosed sum.
Mediware Information Systems reported a Q4 2012 net income of $2.4 million on $16.7 million in revenue, compared with a Q4 2011 net income of $2.1 million on $16.1 million in revenue.
Coordinated Health, a hospital system serving New Jersey and Pennsylvania, has selected Allscripts' EHR system...Sage Health Management Solutions, a provider of electronic health care services, has deployed EPIC Imaging's clinical decision support system...NorthShore University HealthSystem in Illinois has selected Nuvon's medical device connectivity and interoperability system...Loyola University Health System in Chicago has selected Phytel's population health management tools...Franciscan Alliance, a health care system with hospitals in Illinois and Indiana, has completed its implementation of iSirona's device connectivity system.
Cornerstone Health Care, a physicians group in North Carolina, will deploy PatientPoint's patient engagement system...Primary Wound Care Specialists in Florida has signed a three-year contract to deploy CyberCare Health Network's integrated clinical tools for wound management...St. Vincent Health, an Indiana-based health care system, has selected iSALUS Healthcare's EHR tools...Katherine Shaw Bethea Hospital in Illinois, Woman's Christian Hospital Association in New York and St. Tammany Parish Hospital in Louisiana have selected Siemens Healthcare's health IT and financial tools...University of Colorado Hospital will deploy Infor Healthcare's financial, supply chain and human capital management applications.
Anne Arundel Medical Center in Maryland has selected MEDSEEK's patient engagement platform and predictive analytics and marketing tools...Mesoblast Limited, a developer of biologic regenerative treatments, has selected Medidata Solutions' electronic data capture and clinical data management applications...TLC Health Network, an affiliate of Lake Erie Regional Health System in New York, will deploy Mobile HealthCare Connections' suite of telehealth tools...HealthEast Care System in Minnesota has selected Humedica's clinical intelligence and analytics tools...Veritas Collaborative, a behavioral health hospital in North Carolina, has selected CompuMed's telehealth and telecardiology services.
Product Development and Marketing
Assurance Wireless, a federal Lifeline Assistance program, is partnering with Gold Mobile, a provider of customer relationship management tools, to provide mobile engagement and communication tools to health insurers and HMOs...Medecision, a care management system vendor, has partnered with clinical information systems provider Availity to improve care transitions and reduce preventable hospital readmissions...Intelligent InSites has announced a collaboration to integrate its real-time location system software platform with Haldor Advanced Technologies' real-time medical equipment tracking and management system.
Awarepoint, a provider of real-time location system tools and workflow software for the health care industry, has entered into a value-added reseller agreement with VT Group, a provider of engineering, technical and logistic services...Terso Solutions, a provider of automated inventory management tools, has partnered with Champion Medical Technologies to provide automated medical tracking services...LiveData, a vendor of data integration and display technology, has entered into an agreement with Document Storage Systems to provide a sales and support services to the Veterans Health Administration.
Agfa HealthCare, a vendor of medical image management systems, has formed a partnership with Orion Health to image-enable EHRs and health information exchanges...Amerinet, a provider of health care performance improvement services, has announced an agreement to offer McKesson's hospital pharmacy automation applications to its hospital clients...IMS Health has announced a partnership to integrate Health Intelligence Company's secure health care claims database with IMS Health's portfolio of patient-centered information, analytics and services.
Christopher Boone -- director of outpatient quality and health IT for the American Heart Association -- has been appointed to the Health IT Policy Committee...Bill Bunker -- former president of Vertafore Agency Markets, a software provider to independent insurance agencies -- has been named CEO at Clarity Health, a provider of software for care coordination management and care transitions...Jeff Wood -- former vice president of product strategy and planning for revenue cycle systems at MedAssets -- has been named vice president of product management at Navicure, an online medical claims clearinghouse for physician practices.
Lance Fusacchia -- founder and former CEO and CFO of Webmedx, a medical transcription, speech recognition and analytics company -- has been named CFO at Shareable Ink, provider of cloud computing and EHR transition services...Timothy Hannon -- founder of Strategic Healthcare Group, a provider of blood management consulting and IT services -- has been named CMO of the group, which is a newly acquired subsidiary of Mediware Information Systems...Matthew Hanis -- former vice president and general manager of the clinical integration unit at Truven Health Analytics -- has been named vice president of sales at Advanced Practice Strategies, a provider of mobile and Web-based tools for the health care industry.
Greg Giltrow -- former strategic account director at HealthMedia, the client services unit of Johnson & Johnson -- has been named vice president of sales and client service at ArborMetrix, a health care analytics and software company...Rick Bradford -- former national account manager and western regional manager at West-Com Nurse Call Systems, a provider of health care communication systems -- has been named regional vice president of sales for the south central region at PerfectServe, a clinical communication services provider...Lars Holmkvist -- president and CEO of Dako, a unit of Agilent Technologies' diagnostic and genomics group -- has been named president of Agilent's diagnostic and genomics group...Tim O'Malley -- former vice president of the U.S. hospital division for Zoll Medical, a provider of medical products and software -- has been named president of EarlySense, a developer of patient monitoring devices.
David Klein -- former CEO of Lifetime Healthcare Companies, a provider of health care coverage and services -- has been named to the board of directors for CTG, an IT products and services company that serves the health care industry and other sectors...Lori Hines Junkins has been promoted to vice president of physician services for SuccessEHS, a provider of EHR, practice management and medical billing services; Elizabeth Featheringill Pharo --secretary of the board of directors for SuccessEHS -- has been promoted to vice president of client services at the company; Elizabeth Pitman has been promoted to general counsel of SuccessEHS.