Health IT Business News Roundup for the Week of August 15, 2014

August 16, 2014 in News

MA, Financial Reports and Funding

Allscripts, an EHR vendor, has reported a Q2 2014 net loss of $17.8 million on $351.3 million in revenue, compared with a Q2 2013 net loss of $22.9 million on $344.8 million in revenue…RCM Technologies, a provider of business and IT tools for health care and other industries, reported $49.5 million in revenue for the thirteen-week period ending on June 28, compared with $42.4 million in revenue for the thirteen-week period ending on June 29, 2013.

Beam Technologies, developer of a smartphone-connected toothbrush, has raised $5 million in a funding round led by Drive CapitalCareDox, a cloud-based EHR vendor, has raised about $2.5 million in a funding round led by Band of Angels, Charles River Ventures, First Round Capital and Giza Ventures...TelePharm, a provider of a patient-pharmacist communications software, has raised $2.5 million in a funding round led by venture capitalist John Pappajohn and Bruce Rastetter, president of the Iowa Board of Regents…Acupera, a provider of population health and workflow tools for health care systems, has raised $4 million in Series A funding from Lightspeed Venture Partners and The Whittemore Collection.

Appian Medical, a developer of mobile health tools for obstructive sleep apnea, has raised $580,00 in seed funding from undisclosed investors…Azumio, a mobile health application developer, has raised $916,000 from undisclosed investors…Athos, a developer of health sensors, has raised $12.2 million in a funding round led by DCMMedversant Technologies, a vendor of health IT administration tools, has raised $6.35 million through the sale of debt and securities…Geneva Healthcare, a provider of a cardiac device data management system, has raised $1.83 million in funding from undisclosed investors.


The New York City Department of Health and Mental Hygiene has selected Stockell Healthcare‘s revenue cycle management system…Providence Medical Center in Rhode Island has selected GroupOne Health Source‘s medical bill and EHR implementation services…Aultman Hospital in Ohio has selected Aesynt‘s medication logistics management system…University of Colorado Health has selected Zix‘s email encryption services…Valley Health in Virginia has selected Net Health‘s EHR system…North Shore-LIJ Health System in New York has selected PPM‘s incident management software…Wake Forest Baptist Medical Center in North Carolina has selected Tonic Health‘s iPad- and Web-based patient data collection platform.

Product Development and Marketing

Ideal TeleHealth will integrate its telemedicine and remote wellness tools into ClearOne‘s audio and visual communications and workflow systems…DataMotion will integrate its secure messaging tools into IT systems offered by MEDITECH Solutions Group, a division of DellSAS, a business analytics software company, has partnered with North Carolina State University to research health monitoring services, cyber security, big data, text analytics and data visualization and sensors…Phreesia has integrated its workflow tools into Allscripts‘ EHR and practice management systems…Truven Health Analytics partnered with Wakely Consulting Group to develop an ACA-compliant online analytics platform.


Gerry McCarthy — former chief strategic officer at HealthMEDX, a provider of clinical tools — has been named president of TransUnion Healthcare, a provider of health care information management systems…Glenn Petracci, former vice president of sales of Capsule Tech, has been named senior vice president of sales and marketing of Monarch Medical Technologies, a provider of clinical decision support tools…Robert Greene — former senior vice president for innovation and applied analytics at UnitedHealthcare — has been named executive vice president and chief population management officer at Dartmouth-Hitchcock, a health system in New Hampshire.

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