Health IT Business News Roundup for the Week of February 21, 2014
February 22, 2014 in News
MA, Financial Reports and Funding
HSMC Orizon, an accounting and technology consulting firm, has acquired Blue Wave IT, a health IT company, for an undisclosed sum…UnitedHealth Group subsidiary Optum has acquired a majority stake in Audax Health Solutions — a provider of digital health services — in a deal that includes cash, options, preferred stock and working capital.
Merge Healthcare reported a Q4 2013 net loss of $300,000 on $53.6 million in revenue, compared with a Q4 2012 net loss of $17.3 million on $64.7 million in revenue.
Expert System, a U.S. provider of semantic software to the health care and other sectors, has raised $27 million in the company’s IPO on the Italian stock exchange…MedWhat, a developer of a mobile personal medical assistant application, has raised $560,000 in seed funding…Clue, a developer of a mobile fertility tracking application, has raised $680,000 in a funding round led by angel investor Christophe Marie…Rise Labs, a developer of a mobile nutrition coaching application, has raised $2.3 million in a funding round led by Floodgate…Ambient Clinical Analytics, a provider of population management and clinical support tools, has raised $1.1 million in a funding round.
ColumbiaDoctors, a multi-specialty clinical practice in New York, has selected Wellcentive‘s suite of population health management tools and services…University of Pittsburgh Medical Center will implement Onsite Occupational Health and Safety‘s telehealth consultation services…South Shore Hospital in Boston has selected Wellframe‘s mobile cardiac rehabilitation program management application…Saint Luke’s Health System in Missouri will implement EDCO Health Information Solutions‘ remote medical records indexing system.
Product Development and Marketing
CynergisTek, a provider of data security systems to health care organizations, and Iatric Systems, a provider of health IT integration tools, are expanding their partnership to offer a patient data auditing and monitoring program; Welch Allyn will integrate its vital signs monitoring and diagnostic applications with Iatric Systems’ health IT integration software for hospital EHR systems…X-Link Solutions Network will integrate its electronic health records system database with Bridge Patient Portal‘s software…MediSafe will integrate its mobile medication platform with dbMotion‘s EHR system…mobile health technology firm Vantage Health is partnering with Scripps Translational Science Institute to develop a mobile lung cancer screening application…NewCrop has integrated CoverMyMeds‘ prior authorization system into its electronic prescribing service for EHRs.
Lou Silverman — former CEO of Marina Medical Billing Service — has been named CEO and chair of the board at Advanced ICU Care, a provider of telehealth services…Susan Abla — owner of STA Vision — has been named director of IT clinical solutions at Christ Hospital Health Network in Cincinnati…former National Coordinator for Health IT Farzad Mostashari — who currently serves as a visiting fellow at the Brookings Institution — has been appointed to the board of directors at Get Real Health, a provider of patient engagement and EHR tools…Al Berning — who has held several leadership roles in the technology industry — has been named CEO of Ambient Clinical Analytics, a provider of population management and clinical support tools.