This Week in Healthcare IT

M&A, Financial Reports and Funding

The Adirondack Regional Community Health Information Exchange in New York will merge with the Healthcare Information Xchange of New York...Analytix On Demand, a vendor of clinical and financial data analytics applications for health care providers and health insurers, has acquired revenue cycle management consulting firm Integrated Revenue Management for an undisclosed sum.

Computer Programs and Systems, a provider of health IT systems, reported a Q3 2011 net income of $6.0 million on $42 million in revenue, compared with a Q3 2010 net income of $4.9 million on $40.9 million in revenue.

MedVentive, a data analytics firm serving the health care industry, has raised $12 million in a funding round led by several new and previous investors.

Contracts

Notable Solutions -- a developer of document scanning, capture and distribution software -- has been awarded a $3.5 million contract by the U.S. Department of Defense to implement its software in a part of the Military Health System's health IT interoperability program...Premier Purchasing Partners has awarded Afga HealthCare a three-year, multi-source contract to provide Premier members with image management and reporting systems and services...Newton-Wellesley Radiology Associates in Massachusetts has deployed McKesson's revenue management applications.

Alexian Brothers Health System in Illinois and Harbin Clinic in Georgia have selected athenahealth's cloud-based EHR and patient cycle management services...the Virginia Department of Health has selected Community Health Alliance to manage the operations of and establish a governance structure and technical infrastructure for the state's health information exchange network...Blue Cross and Blue Shield of North Carolina has selected Nexidia's business analytics and data mining software...Tucson Medical Center in Arizona has selected MethodCare's health care analytics software.

The Colorado Regional Extension Center has selected Office Ally as an approved EHR vendor...Piedmont Healthcare operating in North Carolina and Georgia has chosen TeleHealth Services' patient education and interactive communication tools...Scripps Health in California will deploy Allscripts' EHR system...Seton Healthcare Family in Texas will implement dbMotion's clinical interoperability platform...Memorial Hermann Healthcare System in Texas will deploy T-System's emergency department information system...Carondelet Health in Missouri has selected eClinicalWorks' EHR and practice management system.

Revera Home Health in Canada has chosen GoldCare's home health care management platform...Catalyst Health Solutions, a pharmacy benefits management and IT services provider, has renewed its contract with SXC Health Solutions, a pharmacy technology services provider...Baylor Health Care System in Texas has chosen AT&T's health information exchange platform...the Raleigh Hand Center in North Carolina has selected ChartLogic's EHR tool.

Product Development and Marketing

Blue Cross and Blue Shield of Illinois and MEDecision, a provider of collaborative health management services, are working with Illinois-based Pronger Smith Medical Care to develop an EHR system for the facility's patient-centered medical home program.

The Healthcare Information Xchange of New York has connected its health information exchange to athenahealth's cloud-based EHR system to provide community health record access on InterSystems' exchange platform...the Kansas Health Information Network and eHealthAlign are working to merge their health information exchange technology contracts with health IT company ICA.

Personnel

Tejal Gandhi -- chief quality and patient safety officer for Partners HealthCare System in Boston -- has been named program director for the Harvard School of Public Health's executive education program for IT in health care...David Pectol -- former corporate controller for National Coal Corp. -- has been named CFO of PerfectServe, a developer of health care communications systems.

Awarepoint, a provider of real-time location systems for hospitals, has named Merrie Wallace -- a former executive at McKesson -- its executive vice president of product solutions; Chris Cosgrove -- former leader of McKesson's national clinical sales department -- its senior vice president of sales for the eastern U.S.; Greg Arthur -- former director of Microsoft's global and enterprise customer team -- its vice president of client management; and Carla Gallegos -- formerly of Cisco Systems -- its vice president of national account sales for the western U.S.

HealthTech Holdings, a health IT holding company, has named Alan MacLamroc -- former executive vice president at CDC Software -- as CTO. The company also named Geoff Roten -- former executive managing partner of NorthStar Technology Consulting -- as CIO.

Read more: http://www.ihealthbeat.org/articles/2011/10/28/health-it-business-news-roundup-for-the-week-of-october-28-2011.aspx#ixzz1c6WoqK5Z