Business and Finance

Friday, September 07, 2012

Health IT Business News Roundup for the Week of September 7, 2012

M&A, Financial Reports and Funding

Surescripts, a health information network, has acquired Kryptiq, a developer of medical records software, for an undisclosed sum...Net Health Systems, a provider of clinical information systems, has acquired Wound Care Strategies, a provider of electronic health record software, for an undisclosed sum...All Covered -- the IT services division of Konica Minolta, a provider of document management technology and IT services -- has acquired WaveTwo, a health IT and managed IT consulting firm, for an undisclosed sum.

Predilytics, a health care data analytics service provider, has raised $6 million in Series A funding with contributions from multiple investors.

Contracts

St. Vincent Hospital in Wisconsin has selected Merge Healthcare's suite of cardiology imaging and informatics tools... Erie County Medical Center in New York will implement Omnicell's automated medication management tools...Joint Township District Memorial Hospital in Ohio will deploy NTT DATA's suite of health care account management applications.

The Oregon Health Authority has awarded a contract to Cognosante to develop interfaces for the state's health insurance exchange and eligibility system...Hillcrest HealthCare System in Oklahoma has selected Phytel's population health management tools...Worldwide Clinical Trials, a contract research organization, will deploy Merge Healthcare's platform for electronic data capture, processing and reporting.

Product Development and Marketing

Surescripts is partnering with EHR system vendor Epic to connect its clinical interoperability network with Epic's interoperability system...NextGen Healthcare Information Systems has announced a partnership to integrate its ambulatory EHR system with Nipro Diagnostics' blood glucose monitoring system...CareFusion has announced a partnership to integrate its intravenous medication safety system with Epic's EHR system.

Personnel

John Way -- former chief financial officer at three UnitedHealth Group -- subsidiaries Optum Collaborative Care, Secure-Horizons and OptumHealth -- has been named CFO at Virtual Radiologic, a radiology practice and telehealth firm...Jonathan Leviss -- former chair of the Rhode Island Quality Institute's Health IT Physician Advisory Committee -- has been named chief medical officer of RIQI... Ancil Lea -- executive director of HITArkansas, the state's regional extension center for health IT -- has been named coordinator of the Arkansas Office of Health IT.

Todd Cozzens -- former CEO of Optum's Accountable Care Solutions group and former co-founder and CEO of Picis, a provider of health information tools -- has been named to the board of directors at Healthcare Quality Catalyst, a provider of data warehousing tools to health care providers...Nicholas Massiello -- former executive director of revenue management services at McKesson, a health care services and health IT provider -- has been named executive director of DataBay Resources, the data analytics subsidiary of the group purchasing organization Amerinet.

Stan Gilbreath -- formerly of Allscripts' professional services division -- has been named vice president of client services at Healthcare Management Systems and MEDHOST; Eric Anderton -- cofounder of Jackson Key Practice Solutions, an EHR sales, implementation and support firm -- has been named vice president for new account sales at Healthcare Management Systems...Michael Gallup -- former senior vice president of real-time location systems at TeleTracking Technologies, a provider of patient-flow automation software and services -- has been named president and COO of the company.

William Seibels -- former senior vice president of finance at Onlife Health, a provider of health and wellness services to health plans and self-insured employers -- has been named chief financial officer at Change Healthcare, a provider of health care cost transparency and engagement tools; Scott Shaffmaster -- former vice president of IT service management at edo Interactive, a provider of personalized discount services -- has been named chief technology officer at Change Healthcare; Clayton Nicholas -- former executive director of clinical strategy and operations for pharmacy chain Walgreen -- has been named vice president of marketing and strategy at Change Healthcare.



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