Health IT Business News Roundup for the Week of May 10, 2013

TOPIC ALERT:

M&A, Financial Reports and Funding

Qualcomm Life -- a provider of device connectivity and data management systems -- has acquired HealthyCircles, a provider of health care management platforms, for an undisclosed sum...Roper Industries -- a provider of products and services for various industries -- has completed its acquisition of Managed Health Care Associates, a provider of pharmacy data analytics tools for long-term care providers, for approximately $1 billion.

Allscripts, a provider of EHR, practice management and health IT systems, has reported a Q1 2013 net loss of $11.6 million on $347.1 million in revenue, compared with a Q1 2012 GAAP net income of $5.8 million on $364.7 million in revenue.

HealthTap, a provider of online and mobile applications to connect physicians with consumers, has secured $24 million in series B funding led by Khosla Ventures...CareInSync, a provider of real-time care collaboration tools, has received a follow-on investment from the California HealthCare Foundation's Health Innovation Fund. CHCF is the publisher of iHealthBeat.

Contracts

HCA MidAmerica, a multi-market health system, has selected Accelarad's medical image sharing system...InTouch Health and iRobot's telehealth robot has been deployed at Hoag Memorial Hospital Presbyterian, Dignity Health, Providence Saint Joseph Medical Center and Ronald Reagan UCLA Medical Center in California, Ohio State Wexner Medical Center and St. Mary's Medical Center in West Virginia, as well as Instituto de Salud del Estado de Mexico in Mexico...OnQ Research, a clinical research organization, has selected Merge Healthcare's electronic data capture system...Mount Sinai Medical Center in New York City has selected Cureatr's care coordination mobile application...J.M. Winston Radiology Associates in Pennsylvania has selected McKesson's revenue cycle management system.

Personnel

Mike O'Neill -- former senior adviser at the Department of Veterans Affairs' Center for Innovation -- has been named CEO at MedicaSoft, a health IT provider...Trace Devanny -- CEO and chair of TriZetto, a provider of health care software -- has left the company; Vicky Gregg -- a member of TriZetto's board of directors -- has been named non-executive chair of the company; Jude Dieterman -- former executive vice president and COO of TriZetto -- has been named president of the company...Cavan Redmond -- CEO of WebMD Health, a medical information content provider -- is leaving the company; David Schlanger -- WebMD's senior vice president of strategic and corporate development -- has been named interim CEO of the company; Anthony Vuolo -- CFO at WebMD -- has been named senior vice president for the company; Peter Anevski -- WebMD's senior vice president of finance -- has been named CFO of the company.

Steven Wilhite -- former CEO of Jumpstart Automotive Group -- has been named chief marketing officer and executive vice president at Medidata Solutions, a provider of electronic data capture and clinical data management applications...former National Coordinator for Health IT Robert Kolodner has been named vice president and chief medical officer at ViTel Net, a provider of telehealth software and services...David Goldsmith -- former vice president of product partnerships and development at Alliance Health Networks -- has been named executive director at Dossia, a provider of electronic health management tools...Lisa Bari -- former senior marketing management employee at Virgin America -- has been named associate vice president of user growth at Practice Fusion, a provider of Web-based EHR platforms; Stefan Klocek -- former director of interaction design at Cooper, a design and strategy firm -- has been named senior director of design at Practice Fusion.

Adrian Gropper -- a medical device consultant and the founder and former chief science officer of PHR provider MedCommons -- has been named chief technology officer at Patient Privacy Rights, a not-for-profit advocacy group...James Mault -- founder and former chief strategy officer at HealthyCircles, a provider of health care management platforms -- has been named vice president and chief medical officer at Qualcomm Life, a provider of device connectivity and data management systems...Steve Curd -- former general manager at Global Care Quest, a surgical informatics and clinical information services firm -- has been named president, CEO and member of the board of directors at CareInSync, a provider of real-time care collaboration tools.

Herb Pardes -- executive vice chair of the board of New York-Presbyterian Hospital -- has been appointed to the board of directors at IDentity Theft 911, a provider of identity and data risk management services...Mike Vandiver -- former executive vice president and CFO at Dell SecureWorks, a provider of managed security services -- has been named CFO at Ingenious Med, a provider of charge capture and physician performance tools...Culbert Healthcare Solutions -- a provider of health care strategy, revenue cycle and IT services -- has named three new regional vice presidents of sales: Jason Faaborg, a former employee at health IT companies QuadraMed and Allscripts; Tom Gurdak, former employee at consulting firms Keane and Deloitte; and David Howe, a former employee at Public Consulting Group and Deloitte Consulting Group...Michael Lundie -- who has focused on health information exchange implementations at Cognosante, a provider of IT services to health care organizations -- has been named practice director of the company's health information exchange practice.


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