Wednesday, October 13

This week in Healthcare IT

M&A, Financial Reports and Funding
Medication management software maker Omnicell has acquired software manufacturer Pandora Data Systems for an undisclosed sum...Equifax, a credit reporting and business information company, has acquired Anakam, a provider of electronic authentication programs, for an undisclosed sum...Health IT consultants Alschuler Associates and Semantically Yours will merge to form Lantana Consulting Group.
Merge HealthCare, a health IT product provider, has initiated an offer to exchange $200 million of its registered senior secured notes for all $200 million of its outstanding unregistered senior secured notes...Clinical data integration software provider Halfpenny Technologies has secured $2.6 million in venture capital funding led by Osage Venture Partners, Milestone Venture Partners and LORE Associates.

Contracts
The U.S. Coast Guard has given Epic Systems a $14 million contract to establish its EHR system...CDC has entered into a $5 billion deal with 30 vendors, which will compete for IT work over the next 10 years...The National Health Information Network has selected EHR provider MedLink as a CONNECT partner...The Social Security Administration will provide $2.8 billion to Accenture, Computer Sciences, Northrop Grumman and Lockheed Martin for work on using EHR systems to process applications for disability benefits.
Denver-based Catholic Health Initiatives has expanded a partnership with ambulatory/inpatient software vendor Allscripts...The Texas Hospital Association has selected CredenceHealth as a preferred research provider for hospitals in Texas and Oklahoma...Quality Software Services has selected Companion Data Services to continue hosting an electronic data warehouse for Medicare's recovery audit contractors...The Biostatistics Center at Johns Hopkins University and the Department of Surgery at Duke University School of Medicine have chosen FireHost as their Web host for health care projects...Southern Illinois Healthcare has selected NextGate's patient index program.
Detroit Medical Center has selected a document imaging system from CareTech Solutions...Mercy Medical Center in Iowa and Nebraska-based Alegent Health have selected PatientKeeper's physician documentation tool...The Erie St. Clair and South West Local Health Integration Networks in southwestern Ontario, Canada, have selected GE Healthcare's diagnostic imaging repository technology...Randolph Medical Center in Alabama has selected Healthland's EHR system...Baptist Health South Florida, Lancaster General Hospital in Pennsylvania, North Fulton Hospital in Georgia, Sky Lakes Medical Center in Oregon and West Georgia Health have selected technology from Medicity to facilitate health information exchange.

Product Development and Marketing

Health IT company OmniMD has partnered with Central Voice, a provider of dictation technology, to allow Central Voice to offer OmniMD products to its customers; OmniMD also has partnered with abcNetSolutions to expand its business to other information networks...Wooster Community Hospital and Dunlap Community Hospital in Ohio have partnered to form the not-for-profit eLINCx to serve as a health information exchange.
Alliance Health Networks, a developer of social health networks, has partnered with health care consultant Leavitt Partners to expand Alliance's presence in the U.S. health care industry...Quest Diagnostics is teaming with Hewlett-Packard to provide a bundled EHR system to small and midsize physician offices...AT&T and eCardio Diagnostics have partnered to develop wireless monitoring programs for heart patients.

Personnel

Gregory Dorn -- former executive vice president of Zynx Health, a provider of clinical decision support systems -- has been named president of First DataBank, a drug database provider...Alok Gupta -- former senior vice president and CIO of CareFirst BlueCross BlueShield in Maryland -- has been named chief technology officer of ikaSystems, a provider of cloud computing technology for insurers.
Cal eConnect -- a not-for-profit that oversees health information exchange efforts in California -- has appointed Mark Elson as chief policy and business development officer, David Lenhart as chief technology officer and Yolanda Richardson as COO and CFO...Lori Malone -- former vice president of risk management services for the Coca-Cola Company -- has been named compliance, privacy and security officer of Shared Health, a health IT company.


Read more: http://www.ihealthbeat.org/articles/2010/10/8/health-it-business-news-roundup-for-the-week-of-october-8-2010.aspx#ixzz12GoXTfa7

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