Health IT VC funding sees 'torrid' Q1 -- $493M raised so far

Mike Miliard, Managing Editor at healthcareitnews.com

With nearly half a billion dollars raised in venture capital funding for health information technology, the first three months of 2013 represented a "record quarter," according to Mercom Capital Group.

Some $493 million was raised industry-wide, according to Mercom's 2013 Healthcare IT Funding and M&A Report, in twice as many deals as the previous quarter (104, up from 51). There were nearly four times as many early stage deals – 42, up from 14 – compared to the fourth quarter of 2012.

The top deal for Q1 was a $41 million round of funding raised by Salt Lake City-based Health Catalyst, which developsdata warehousing technology. That was followed by $40 million raised by Geisinger Health System spinoff xG Health Solutions, whose data analytics platform is aimed at patient and population-focused care management.

Los Angeles-based NantHealth, which is working on advanced secure fiber networks, cloud computing and wireless technology for care delivery, raised $31 million. Fitbit, a fitness and health tracker company, and One Medical Group, a provider of online primary care services, both based in San Francisco, raised $30 million each.

"The trend we began to see last year of VCs investing in consumer-focused companies like mobile health, telehealth, personal health [and] social health ... has become much more pronounced," said Raj Prabhu, CEO of Mercom Capital Group, in a press statement. "The enormous market opportunity in consumer-focused health has appeared to pique the interest of investors and is likely to continue to grow as witnessed by the surge in VC activity."

More than 100 investors participated in deals in the first quarter of 2013, with ten investors involved in multiple funding rounds. Those with multiple rounds include Blueprint Health, Google Ventures, Maverick Capital, Merck Global Health Innovation Fund, Nike+ Accelerator, Norwest Venture Partners, Oak Investment Partners, Psilos Group, The Social+Capital Partnership and Y Combinator.

On the merger and acquisition front, there were 46 transactions this quarter, according to Mercom. Health information management companies were acquired most, with 22 transactions, followed closely by service providers with 11 acquisitions.

The largest disclosed transaction was athenahealth’s acquisition of Epocrates, which develops mobile medical apps for the point of care, for $293 million. Allscripts’ acquisition of health information exchange and interoperability firmdbMotion, for $235 million, was a close second, followed by JLL Partners’ $123 million acquisition of BioClinica, which develops technology for clinical trial management.

Emdeon and Atigeo Enter into ‘Big Data’ Collaboration

John DeGaspari, Healthcare Informatics

Nashville-based Emdeon, Inc. and Atigeo, Bellevue, Wash., a data analytics company, announced an agreement at last week’s HIMSS13 conference to collaborate on the development of new software solutions. The companies will explore the use of intelligent analytics layered on top of petabytes of healthcare data to improve health outcomes.

“Ultimately, the combination of a network of connectivity, universal health information exchange and freakishly intelligent analytics can help to significantly improve healthcare in the U.S.,” Miriam Paramore, executive vice president and product development for Emdeon, said in a statement. 

The agreement calls for using Ategio’s x-Patterns data analytics platform to rapidly expose insights abstracted across vast repositories of structured and unstructured data.  Given the sharp rise of big data in healthcare, there is a need for technology solutions to piece together data into meaningful pictures, the companies say. Atigeo’s x-Patterns platform is a cloud-based application framework for rapidly building enterprise-grade, intelligent applications that make big data more accessible and actionable, according to the announcement.

In an interview with Healthcare Informatics, Atigeo CEO and founder Michael Sandoval said the combination of the data analytics platform and Emdeon’s data repository will reveal insights that would not have been possible before. He described x-Patterns as a “data agnostic” platform with regard to whether the data is structured or non-structured. He says the way the x-Patterns platform absorbs and integrates data in a way that avoids the problems of traditional data mining with disparate data systems and dissimilar taxonomies.

“In true ‘big data,’ analysts talk about volume, variety and velocity,” Sandoval said. “We are able to do that well above the petabyte scale on the volume side, of any type of varietal, and in the velocity category in microseconds in an automated way.” He added that on the human language side, the platform is able to identify the proper context and apply the data against any existing application or workflow of the provider, “so that it appropriately optimizes the applications and workflows.”

Sandoval said the relationship has two basic goals: to leverage the x-Patterns platform across Emdeon’s data to expose patterns for their existing products, and to bring new products to market.

David Talby, Atigeo’s vice president of engineering, said one example of an application, which was showcased at HIMSS, was a hospital readmissions application that uses Atigeo’s analytics platform to build a statistical model for when a patient is likely to be readmitted. “We are thinking about the patient, have more signals, and we have the algorithm to actually use those signals,” he said. Talby added that the collaboration encompasses national coverage, and that the application is compliant with the Health Insurance Portability and Accountability Act (HIPAA) regulations.

This Week in Healthcare IT

M&A, Financial Reports and Funding

Hill-Rom Holdings, a vendor of hospital equipment and location-tracking and communication devices, will acquire Volker, a vendor of health care furniture, for $85 million...Scott Silverman -- former chair and CEO of PositiveID, a developer of diabetes management and molecular diagnostic systems -- will acquire the company's personal identification chip and PHR system under a deal that includes a $200,000 note, a 10% interest in Silverman's VeriTeQ Acquisition and possible royalty payments...iMedX, a provider of health care software and services, has acquired transcription services firm Abacus Transcriptions for an undisclosed sum.

Contracts

The Crescent City Beacon Community in Louisiana has selected Mirth's interoperability and care management applications to connect health care providers and organizations...the Texas Health and Human Services Commission has selected Cognosante, a provider of health IT services, to help the state upgrade its Medicaid Management Information System...St. Vincent's HealthCare in Florida has selected Orion Health's health information exchange system.

The East Tennessee Health Information Network, a collaborative group of health systems, has selected OptumInsight's health information exchange system...Shannon Health, a health system in Texas, has selected Rothman Healthcare's patient surveillance system...Baystate Health, a health system in Massachusetts, has selected Atlas Medical Software's physician outreach and connectivity applications.

Product Development and Marketing

Allscripts and DiagnosisOne, a provider of clinical decision support and analytics services, have entered into an alliance to offer clinical decision support and performance measurement capabilities to users of Allscripts' EHR services.

Personnel

Nathan Goldstein -- former executive vice president of the Gorman Health Group, a provider of software and professional services -- has been named CEO of the company...Elizabeth McNamara has been named senior manager of the Healthcare Information Technology Division at ECG Management Consultants, a health care consulting firm...Ian McGuiness -- former senior sales executive at consulting company IMS Health -- has been named vice president of business development at Qforma, a health care analytics and predictive modeling company.

Read more: http://www.ihealthbeat.org/articles/2011/12/22/health-it-business-news-roundup-for-the-week-of-december-22-2011.aspx#ixzz1i2acq0gI

This week in Healthcare IT

M&A, Financial Reports and Funding

HealthGrades, a vendor of consumer health content, has merged with CPM Marketing Group, a vendor of customer relationship management software.

NantWorks -- a health care, educational, scientific and communications technology firm -- has acquired ZioSoft, a developer of 4-D and 5-D medical imaging analytics, for an undisclosed sum and will rename the company Qi Imaging...Blackstone, an investment and financial advisory firm, has completed its acquisition of Emdeon, a provider of revenue and payment cycle management and clinical information exchange tools, for about $3 billion...Siemens Healthcare, a health care services and IT provider, has entered into an agreement to acquire MobileMD, a provider of health information exchange services, for an undisclosed amount.

Merge Healthcare, a provider of imaging and interoperability tools, reported a Q3 2011 net loss of $1 million on $60.1 million in revenue, compared with a Q3 2010 net loss of $5 million on $45.2 million in revenue; Merge also announced that it has begun an offer to exchange $52 million of senior secured notes due 2015 that are registered under the Securities Act for $52 million of outstanding senior secured notes due 2015 that are not registered under the Securities Act to comply with obligations under a registration rights agreement.

Clarity Health Services -- a provider of online medical care coordination, patient insurance and medical data services -- has raised $4.6 million in capital.

Contracts

Centracare Health System in Minnesota, health care payer and provider HealthPartners and 11 radiology practices in California, New Jersey, Virginia and Washington state have selected Merge Healthcare's imaging and interoperability systems...Brown & Toland Physicians in California will implement Allscripts' community health record system.

The U.S. Department of Veterans Affairs has chosen HP Enterprise Services as its contractor for the VA Transformation Twenty-One Total Technology health care and benefits services program; VA also has awarded Harris a three-year, $4.5 million contract to develop an online mental health treatment and medication management system under the My HealtheVet personal health record system.

Central Ohio Primary Care Physicians will implement eClinicalWorks' EHR system across its 44 practices...The Ohio State University Medical Center has implemented iSirona's device connectivity and integration platform...the British Columbia Ministry of Health has awarded CGI Group, a provider of IT and business process services, a four-year, $15 million contract extension for its services.

The Los Angeles County Department of Mental Health has selected Netsmart Technologies' integrated behavioral health clinical, administrative and financial IT system...the New Jersey Health IT Extension Center and the Chicago Health IT Regional Extension Center have selected Welch Allyn as a certified EHR vendor.

Product Development and Marketing

LifeCard Plans, a provider of online storage and emergency access to medical and legal documents, and U.S. Legal Forms are jointly providing state-specific and editable legal documents...athenahealth -- a provider of cloud-based practice management, EHR and care coordination services -- will collaborate with Medley Health -- a provider of membership practice marketing and communications services -- to integrate, market and sell their products.

Personnel

Joe Boyd -- owner of the management consulting and executive training firm Boyd Consulting -- has been named chair of Encore Health Resources, a provider of health IT consulting services...T. Forcht Dagi -- a neurosurgeon and partner at HLM Venture Partners -- has been named CMO at health IT company Aventura HQ...Russ Thomas -- president and COO of health information network Availity -- has been named CEO of the company.

David Gascoigne -- former vice president of promotion management at consulting firm IMS Health -- has been named executive vice president of consulting analytics, innovation and alliances at ImpactRx, a market research and IT company serving the health care industry...Amitav Hajra -- former manager at Epic Systems -- has been named director of Hayes Management Consulting's inpatient division...Darren Schulte -- former leader of clinical and product strategy at Anvita Health, a health care analytics company -- has been named CMO of Apixio, a provider of clinical integration and health data tools.

Read more: http://www.ihealthbeat.org/articles/2011/11/4/health-it-business-news-roundup-for-the-week-of-november-4-2011.aspx#ixzz1clp89Sri

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

Sage Practice Management Software Sold At Big Loss

The company originally known as Medical Manager--which has one of the largest installed bases of practice management software in the United States--has gone through many twists and turns in its decades long career.  Now it's poised to start an entirely new phase of its evolution with the sale of Sage Software, which includes Medical Manager, to a private equity firm.

The U.K.-based Sage Group recently announced that it had sold Sage Software to Vista Equity Partners, a San Francisco-based investment firm, for $320 million. In 2006, Sage purchased the assets that would become Sage Software from Emdeon for $565 million.

Sage acknowledges it lost between $95 million and $111 million on this sale at the current exchange rate. Nevertheless, it does not appear that Sage Software is bleeding red ink. For the six months ended March 11 of this year, the Sage Group says, the division earned nearly $16 million before interest, taxes, and amortization on revenue of $114 million. And for the fiscal year ended Sept. 30, 2010, Sage Software netted EBITA of $48 million on a volume of $245 million.

That isn't as impressive as it sounds, however, when you consider that Sage Software's net income shrank for the most recently reported six-month period in a prorated comparison with the fiscal 2010 figure. Moreover, the company's annual revenues were lower in 2010 than they were when Sage purchased Sage Software.

[Which healthcare organizations came out ahead in theInformationWeek 500 competition? See 10 Healthcare IT Innovators: InformationWeek 500.]

"This is one of the great boom markets in the history of the health IT industry," noted Sean Wieland, an analyst with Piper Jaffray, in an interview with InformationWeek Healthcare. "So if your claim to fame is that you made money, that might not be enough. You've got competitors like Athenahealth, which is stealing market share from Sage, and is growing earnings at 40% year over year, with profit margins well into the 20% range."

In Wieland's view, the Sage Group didn't understand what it was buying when it acquired Medical Manager and related assets from Emdeon. "When they bought it, it was a declining asset in terms of losing market share, and I don't think they ever turned it around."

Medical Manager's big mistake, Wieland said, was the development of its Intergy practice management/electronic health record (PM/EHR) system. This client-server software, he noted, required "a lot of care and feeding" and was really aimed at medium-sized to large physician groups. Medical Manager's PM customers, in contrast, were mostly practices of one to 10 physicians. The small practices couldn't cope with Intergy, and the large groups didn't want it because they viewed Medical Manager as a vendor that specialized in small groups.

But Sage Software still has a competitive advantage in its share of the market for practice management software, Wieland said. At its height, Medical Manager claimed to have systems installed in 22,500 sites, and the Sage Software website currently says that the company serves 80,000 physicians.

"They still have a large base of physicians using their billing system," Wieland pointed out. "What they need is to come up with is the upgrade path from that [to a new EHR/PM system]. It has to be cloud-based and subscription-based--not something like Intergy that is using a decade-old technology."

This is probably Vista's strategy, he said. (Vista did not return phone calls seeking comment.) "They probably thought they could drive better execution, better innovation in R&D and come up with that logical upgrade path for the existing base."

If Vista makes the right moves, the software vendor could be successful again, Wieland said. "Medical Manager still has a large customer base, and the market share [for billing systems] doesn't switch that quickly. So it's not too late."

by Ken Terry of InformationWeek

This Week in Healthcare IT

M&A, Financial Reports and Funding

PerkinElmer, a human and environmental health technology company, will acquire Caliper Life Sciences, an imaging and detection company, for about $600 million...Automatic Data Processing, a business process outsourcing and software company, has acquired Asparity Decision Solutions, a vendor of decision support software and consumer behavioral data analytics services, for an undisclosed sum...ImpactRx, a prescription market research and IT company, has acquired TargetRx, a provider of physician market research services, for an undisclosed sum.

Computer Sciences Corp. has acquired AppLabs Technologies, a software testing and quality management services provider, for an undisclosed sum...the Healthcare Information and Management Systems Society has acquired so2say, a provider of customized media products and communications services, for an undisclosed sum...MD On-Line, a provider of data exchange tools, has acquired health care communications company Strategic Edge Communications for an undisclosed sum.

Telehealth provider Teladoc has raised $18.6 million in funding led by Kleiner Perkins Caufield & Byers, Cardinal Partners, HLM Venture Partners, Trident Capital and New Capital Partners.

Contracts

The Oregon Health Authority, the Oregon Health Insurance Exchange Corporation and the Oregon Department of Human Services have selected L.R. Kimball, the engineering infrastructure subsidiary of CDI Corporation, and subcontractor Science Applications International for cyber-security analyses and planning for the state's health insurance exchange...Royal Caribbean Cruises has selected eSeaCare's EHR system for many of its cruise ships...CMS has chosen 3M's ICD-10 medical coding transition tool...North Clinic in Minnesota will deploy eClinicalWorks' EHR application...Wasatch Pediatrics in Utah has selected Phreesia's automated patient check-in system...MedCenter One in North Dakota has picked Elsevier/CPM Resource Center's clinical decision support and documentation tools for EHRs.

The University of Michigan Health System has chosen Connexall USA's clinical alarm and alert data integration system for medical and communication devices at the C.S. Mott Children's Hospital and Von Voigtlander Women's Hospital...Via Christi Health in Kansas has selected QuadraMed's EHR identity management system...the AmeriHealth Mercy Family of Companies, a Medicaid managed care plan in Pennsylvania, will deploy NaviNet's mobile clinical care alerts and e-prescribing services...New Directions Behavioral Health, a behavioral health care company serving four states, has deployed ActiveDocs Opus' document automation software...MidMichigan Health and California-based Citrus Valley Health Partners will use Allscripts' technology to connect and coordinate patient care and will offer Allscripts' EHR system to affiliated physicians.

Product Development and Marketing

Inland Northwest Health Services' Physicians Services technology division will offer Greenway Medical Technologies' integrated EHR and practice management software to its hospitals and physician practices...PhoneFactor has formed a reseller partnership to provide phone-based authentication services to Imprivata customers.

Personnel

Scott Kantor -- former senior vice president and CFO at BackOffice Associates, a provider of data migration and data governance tools -- has been named senior vice president and CFO at Advanced Health Media, a provider of digital media, sales support and compliance management tools for health care...Lynne Thomas Gordon -- associate vice president for hospital operations and director of the Children's Hospital at Rush University Medical Centerin Chicago -- has been named COO of the American Health Information Management Association...Richard Nevins -- former medical director at National Health Enhancement Systems -- will oversee GlobalMed's expansion of clinical telehealth applications.

Geeta Nayyar -- former principal medical officer at Vangent -- has been named CMO at AT&T...Patricia Mechael -- former director of strategic application of mobile technology for public health and development at the Earth Institute Center for Global Health and Economic Development -- has been named executive director of the United Nations Foundation and mHealth Alliance Partnership Board...Hon Pak -- former CIO at the U.S. Army Medical Department's Office of the Surgeon General -- has been named senior adviser to AirStrip Technologies, a provider of mobile medical monitoring systems.

Leon Rodriguez -- former chief of staff and deputy assistant attorney general at the Department of Justice's Civil Rights Division -- has been named director of the HHS Office for Civil Rights...Michael Freeman -- former business development and government contracts official at Taylor International Services -- has been named business development manager for NuPhysicia's medical services brand...Jean-Marc Edier -- former vice president of health and human services systems for MAXIMUS, a provider of consulting and program management services for government health programs -- has been named vice president of federal programs for Cognosante, a provider of health IT to state and federal governments and regional organizations...Charles Fazio -- former CMO and senior vice president at Medica Health Plans in Minnesota -- has been named CMO of Gestalt Health, a health IT services company.

Read more: http://www.ihealthbeat.org/articles/2011/9/16/health-it-business-news-roundup-for-the-week-of-september-16-2011.aspx#ixzz1YWoh8JJR

This Week in Healthcare IT

M&A, Financial Reports and Funding

SXC Health Solutions -- a provider of health benefit IT services -- will acquire pharmacy benefits manager MedMetrics Health Partners for an undisclosed amount...Z Microsystems -- a computing systems company for medical imaging -- has purchased the intellectual property and product development team of Enhanced Video Devices, a video-enhancing technology company, for an undisclosed amount…GE Healthcare has acquired the assets of Steady State Imaging, a provider of MRI technology, for an undisclosed sum.

Streamline Health Solutions -- a workflow and document management services company -- has reported a Q4 2010 net loss of $1.8 million on $4.9 million in revenue, compared with a Q4 2009 net income of $1.6 million on $6.3 million in revenue.

Contracts

The Department of Veterans Affairs has awarded contracts to six companies to deploy telehealth and workflow management systems: American Telecare, Authentidate Holding, Cardiocom, HealthHero Network, Visual Telecommunication Network/ViTelCare and Viterion TeleHealthcare...Oakwood Healthcare in Michigan has selected EHR and financial information systems from Epic Systems...HealthInfoNet -- which operates a health information exchange and the Maine Regional Extension Center -- has named e-MDs and Ingenix -- which will change its name to OptumInsight in June -- as preferred EHR vendors and endorsed Concordant's planning and implementation services.

Ponce School of Medicine Regional Extension Center in Puerto Rico and the U.S. Virgin Islands has selected ABEL Medical Software, Cure MD and McKesson as preferred EHR vendors...California's El Centro Regional Medical Center has contracted cloud-based imaging technology from DR Systems...Montgomery AIDS Outreach in Alabama will implement EHR and practice management systems from SuccessEHS...the Hawaii Department of Public Safety will deploy an EHR system from eClinicalWorks...Methodist Dallas Medical Center has picked disease registry software from RemedyMD...Seymour Hospital in Texas has selected an EHR system from Prognosis Health Information Systems.

Regional Medical Imaging in Michigan has chosen imaging interoperability tools from Merge Healthcare...Loreley Clinics in Germany is deploying wireless networks from Aruba Networks...California's Palomar Pomerado Health has selected health information exchange software from GSI Health...health IT companies Soren Technology, Level 3 MPS and Visions Home Health have opted for medical claims and payment processing tools from i-Plexus Solutions…the Department of Defense has selected a blood transfusion management software system from Mediware.

Product Development and Marketing

The American College of Surgeons and Within3 -- an online health care community networking platform provider -- are launching an online community to offer a range of collaboration tools for surgeons practicing in sparsely populated areas...predictive modeling software provider BioSignia and patient-centered technology provider PatientCentral Technologies are creating a personal health information management system...Dell Services has launched a mobile clinical computing system for hospitals and health care organizations that use MEDITECH's information system...Allscripts Healthcare Solutions has entered into a 10-year agreement with Affiliated Computer Services to manage clinical, EHR and other network support services for Allscripts clients who use remote hosting applications.

M*Modal has integrated its speech-recognition technology with WebChartMD's Web-based clinical documentation platform...ClearPractice -- a physician and medical group software provider -- and health IT company Prognosis Health Information Systems are developing an integrated software-as-a-service-based EHR software for rural and community hospitals and their affiliated physicians...CommerceTel, a provider of mobile marketing tools, and medical care services company Magellan Global Health are developing mobile telehealth tools.

Personnel
Kent McAllister -- former vice president of client solutions at Sage Healthcare -- has been named CIO at Medical Electronic Attachment/National Electronic Attachment, a provider of insurance processing systems...James Hill -- founder and former CEO of Achievant, a human capital management service -- has been named vice president of sales for the Indiana Health Information Exchange.

Priti Sahai -- former vice president of health informatics at clinical research company Abraxis Health -- has been named chief strategy officer for the California Health Information Partnership and Services Organization…Alisoun Moore -- director of health systems management of Northrop Grumman's health IT programs -- has been named vice president and general manager of health IT company CSC's North American Public Sector Health Services Division.

Read more: http://www.ihealthbeat.org/articles/2011/4/15/health-it-business-news-roundup-for-the-week-of-april-15-2011.aspx#ixzz1Ju1WIWMg