Wednesday, July 18, 2012

Health IT Business News Roundup

 June 15, 2012 M&A, Financial Reports and Funding Friday, June 15, 2012 TPG Growth -- a division of private-equity investing company TPG -- has acquired iMDsoft, a clinical information systems provider, for an undisclosed sum...Axial Exchange, a provider of care transition software, has acquired mRemedy, a mobile health care platform provider, from the Mayo Clinic for an undisclosed sum...Net(net), an IT supply consulting firm, plans to acquire Copperwood Group, a health IT advisory company, for an undisclosed sum...WebPT, a developer of physical therapy software, has acquired Health Data Solutions, a provider of billing and revenue cycle management services for physical therapy and chiropractic practices, for an undisclosed sum. AliveCor, a developer of mobile electrocardiogram devices, has raised $10.5 million in Series B venture funding with contributions from multiple investors...GoHealth, a health insurance technology company, has secured a $50 million investment from Norwest Equity Partners. The Department of Veterans Affairs has selected Decision Simulation's online clinical decision-making platform...Catholic Health Initiatives, a health care system that operates in 19 states, will deploy Orion Health's health information exchange platform...Ohio Orthopedic Center of Excellence has selected eClinicalWorks' EHR system...the Maryland Department of Health and Mental Hygiene has awarded a $10.1 million contract to Cognosante to provide program management support for the state's efforts to upgrade its Medicaid Management Information System. Plus, a Medicare Pioneer Accountable Care Organization in Texas, has selected Sandlot Solutions to manage patient information through its health data exchange services...the Orange County Partnership Regional Healthcare Information Organization in California will deploy Mirth's full suite of information exchange tools...Huntington Memorial Hospital in California will implement Cerner's clinical and revenue cycle applications...Evangelical Community Hospital in Pennsylvania has selected Allscripts' acute care EHR system. Product Development and Marketing Precyse, a provider of health information management technology and services, has entered into a software interface license agreement with 3M Health Information Systems, a provider of software and consulting services for the health care industry...Health Fidelity has announced a partnership to integrate its natural language processing technology with ZyDoc's Web-based medical coding platform...Sorin Group, a medical device company, is partnering with global communications firm Orange Business Services to launch a remote monitoring tool for patients with implanted cardiac devices. NextGen Healthcare Information Systems, a provider of health care information systems and connectivity tools, has partnered with IT company Dell and Puerto Rico Hospital Supply to market and provide health IT products to Florida, the Caribbean and potentially Central and South American markets...MEDITECH has announced a partnership to integrate Intelligent Medical Objects' medical terminology system with MEDITECH's EHR products...Independa has announced a partnership to integrate Qualcomm Life's cloud-based medical device data sharing services with Independa's remote health monitoring technology for elderly individuals and their caregivers. Personnel Steven Soderberg -- former CIO at Force 10 Networks, a Dell subsidiary that provides technology and network services-- has been named CIO at Vocera Communications, a provider of mobile communications systems and devices for hospitals...Judy Wade -- former president and CEO at Hands-On Entertainment, a mobile and social applications developer -- has been named president, CEO and a director at AliveCor, a developer of mobile electrocardiogram devices...Keith Kaplan -- a pathologist and CIO at Carolinas Pathology Group, Celligent Diagnostics and Diligent Billing and Management -- will continue as chair of the medical advisory board at AccelPath, a provider of IT systems to support diagnostic services. Bryan Sivak -- former chief innovation officer for the state of Maryland -- has been named CTO of HHS...Matthew Hargus -- former director of software development at RemitDATA, a provider of comparative analytics for health care provider productivity and financial data -- has been named CTO of the company...David Schechter -- portfolio manager at Icahn Capital -- has been named to the board of directors at WebMD, a health information services provider...Dan Michelson -- former chief marketing and strategy officer at Allscripts Healthcare Solutions, a provider of EHR systems and other health IT tools -- has been named CEO of Strata Decision Technology, a provider of financial and business analytics software for the health care industry. Nick Wirth -- former administrative fellow at the Captain James A. Lovell Federal Health Care Center -- has been named an implementation consultant at PerfectServe, a provider of clinical communications services...Todd Martin -- former CTO and senior vice president at NewsRight, a provider of news content and analytics -- has been named senior vice president of business development at EHR company Practice Fusion; Sheila Ryan -- former vice president of human resources at CBS Interactive, an online content network for information and entertainment -- has been named vice president of people and culture at Practice Fusion. 

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