Wednesday, August 18

This Week in Healthcare IT

Health IT Business News Roundup from ihealthbeat.org

M&A, Financial Reports and Funding

Ophthalmic Imaging Systems reported a Q2 2010 loss of $488,000 on $4.8 million in revenue, compared with a Q2 2009 loss of $4 million on $2.9 million in revenue…Merge Healthcare reported a Q2 2010 revenue of $29 million, compared with $15.4 million a year ago.

Benefitfocus, a vendor of health care benefits management software, has acquired Benefit Informatics, a data management and analytics software provider, for an undisclosed sum...IBM has acquired Datacap, a document imaging and management technology vendor, for an undisclosed sum.

iMedX, a health care software and services company, has acquired the assets of MedTech Transcriptions...Orion Healthcare Ventures, an investment firm focusing on health care IT enterprises, has acquired health IT company Aspyra...IT network developer and management vendor Smartronix has acquired health information exchange vendor Cogon Systems for an undisclosed sum.

Contracts

Seven Air Force, Army and Navy military treatment facilities have selected CliniComp's Essentris EHR...WakeMed Health & Hospitals in Raleigh, N.C., has selected Axial Exchange's Axial Alerts service to coordinate hospitals with area physicians...Methodist Healthcare System of San Antonio, Texas, has selected TeleTracking Technologies' RadarFind technology.

Orlando Health has selected Isabel Healthcare's Web-based diagnosis decision system… Ohio-based Memorial Hospital of Union County has selected digitalPersona software to meet HIPAA requirements for the secure access of EHRs.

Delta Medical Center in Tennessee, HealthCare Partners Medical Group in California, Kentucky-based Imaging Center of London, Memorial Hospital of Sweetwater County in Wyoming, California-based Saddleback Memorial Medical Center and Santiam Memorial Hospital in Oregon have selected DR Systems to manage their health data.

Product Development and Marketing

Hosting provider Atlantic.Net has partnered with Complete Healthcare Solutions, a medical software provider, to provide turnkey managed hosting for Complete...iMedicor and USA MCO have partnered to a national health care communications network.

Insurer Humana and EHR provider athenahealth have joined to promote new medical technologies and provide financial incentives to certain primary care physicians using health IT...ExpressMD Solutions has partnered with Rotech Healthcare to distribute ExpressMD's remote patient monitoring systems and services for chronically ill patients.

NextGen Healthcare Information Systems has partnered with eduTrax, a medical coding and educational content provider, to offer NextGen clients educational content and curriculum packages...Crossroads Systems, a global provider of data protection software, has entered into a partnership with Dell Services to expand offerings for users of MEDITECH health care information system applications.

Personnel

Bruce Lisanti -- former employee of Electronic Data Systems and General Electric -- has been named CEO and president of Medical Informatics Engineering, a health care IT firm...Brooks Betts -- former vice president of information services and CIO at Maine-based Lincoln County Health Care -- has been selected as the senior leader of Maine's Pen Bay Healthcare's IT department...Sunny Sanyal -- former president of the Provider Technologies division of McKesson -- has been named CEO of T-System, an emergency department information systems vendor.


Read more: http://www.ihealthbeat.org/articles/2010/8/13/health-it-business-news-roundup-for-the-week-of-august-13-2010.aspx#ixzz0wzxmbtBy


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