Health IT Business News Roundup for the Week of May 16, 2014

May 17, 2014 in News

MA, Financial Reports and Funding

Teladoc, a provider of telehealth services, has acquired AmeriDoc, a telehealth company, for an undisclosed sum…IMS Health, a health IT firm, has acquired Forcea, a provider of business intelligence and analytics services, for an undisclosed sum…Quintiles, a provider of biopharmaceutical services, has acquired Encore Health Resources, a vendor of health IT analytics and technology systems, for an undisclosed sum…Flatiron Health, a provider of health care data aggregation software, will acquire Altos Solutions, a vendor of Web-based software for oncology practices, for an undisclosed sum.

EHR vendor Allscripts reported a Q1 2014 net income of $12 million on $345 million in revenue, compared with a Q1 2013 net income $16 million on $348 million in revenue.

Talkspace, a provider of telehealth and mobile counseling services, has raised $2.5 million in a funding round led by Spark Capital and Soft Bank CapitalHealthSpot, a telehealth services provider, has raised $8 million in a funding round from multiple investors…Vivify Health, a vendor of a patient engagement system with remote monitoring features, has raised $3 million in a funding round from two unidentified investors.

Contracts

N1Health, a health care investment firm, has selected BettrLife‘s suite of patient wellness, activity and nutrition management tools…Saint Francis Health System in Oklahoma will deploy Lexmark‘s clinical workflow and archiving tools…Radiology Associates of Wausau in Wisconsin has selected McKesson‘s revenue cycle management tools…the Department of Defense has awarded General Dynamics Information Technology, a military health IT contractor, a $63 million, five-year contract to modernize DOD’s billing and collection system.

Product Development and Marketing

Medivizor will integrate its personalized health information and patient education tools into Healthspek‘s mobile health information management application…Payspan will integrate its electronic provider reimbursement application into Availity‘s health information network.

Personnel

Susan McAndrew — deputy director for health information privacy at HHS’ Office of Civil Rights — has retired; Christina Heide – former senior adviser for health information privacy policy at OCR — has been named acting deputy director for health information privacy at OCR.

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