Health IT Business News Roundup for the Week of June 20, 2014
June 21, 2014 in News
MA, Financial Reports and Funding
West Corporation, a provider of technology-based communication services, has acquired Health Advocate, a provider of health care advocacy services, for $265 million…Cumberland Consulting Group, which provides its services to health providers and health plans, has acquired Cipe Consulting Group, which specializes in EHR systems and revenue cycle management…Equian, a health information services company, has acquired AfterMath Claim Science, a provider of post-payment recovery services, for an undisclosed sum…Medtronic, a medical device manufacturer, is seeking to acquire Covidien, a vendor of medical devices and supplies, for about $43 billion.
Augmedix, a developer of Google Glass software and modifications for hospital use, has raised $4.1 million in an additional funding round led by DCM and Emergence Capital Partners…Aledade — provider of accountable care organization consulting services started by former National Coordinator for Health IT Farzad Mostashari — has raised $4.5 million in a funding round led by Venrock…Valencell, a provider of health and medical sensors for wearable devices, has raised $7 million in a funding round led by WSJ Joshua Fund.
Thibodaux Regional Medical Center in Louisiana has selected Health Catalyst‘s data warehouse and analytics system…Hy-Vee, a supermarket chain in eight states, will deploy PHRQL‘s digital health management and EHR tools…FHP Health Center in Guam has selected eClinicalWorks’ EHR system…Children’s Hospital Los Angeles and the Wisconsin Statewide Health Information Network have selected Orion Health‘s patient data exchange and connectivity system…Cheyenne Regional Healthcare System in Wyoming has selected Axiom EPM‘s financial planning and performance management tools.
Product Development and Marketing
MDToolbox, a vendor of e-prescribing and other health IT tools, has partnered with Surescripts to provide a clinical messaging service…Kareo, a provider of cloud-based medical office software and services, has partnered with Falcon EHR to provide their software and services to nephrology practices…HealthFusion has partnered with the California Telehealth Network to provide EHR services to rural and medically underserved regions of California.
Toby Lane — former system administrator at LongView Systems, an IT consulting firm — has been named Internet technology coordinator at Medica Health Management, a provider of health and hospice management and consulting services…Mark Segal — vice president of government and industry affairs for GE Healthcare IT and vice chair emeritus of the Electronic Health Record Association — has been elected to a one-year term as chair of the association; and Sarah Corley — CMO at NextGen Healthcare — has been named vice chair of the association…Ian Bushell – former corporate medical director at BlueCross BlueShield of Tennessee — has been named chief clinical integration officer at Integrated Solutions Health Network.
Jacquelyn Hunt — former chief quality officer and CIO at Bellin Health System in Wisconsin — has been named chief population health officer at Kryptiq, a provider of population health management services…Gina Drosos — former group president of global beauty care at Procter Gamble — has been named CEO at Assurex, a provider of personalized medicine services; Jim Burns — former CEO at Assurex — has been appointed executive chair of the company’s board…Fraser Bullock — senior vice president at Health Catalyst — has been named chair of the company’s board of directors.