Health IT Business News Roundup for the Week of October 17, 2014

October 18, 2014 in News

MA, Financial Reports and Funding

ABILITY Network, a developer of health care workflow technology, has acquired MD On-Line, a provider of electronic data interchange and revenue cycle management tools, for an undisclosed sum…Box, a developer of content sharing software, has acquired MedXT, a provider of medical image viewing tools, for an undisclosed amount.

PillPack, a medication adherence program provider, has raised $8.75 million in a Series B funding round led by Accel PartnersIschemia Care, a provider of stroke-detection bioinformatics and devices, has raised $1.9 million through equity offerings…MyHealthDirect, a provider of appointment scheduling services, has raised $8 million from Chrysalis Ventures, Arboretum Ventures and Ares Capital Corporation.

Viewics, a provider of health care cost and diagnostic analysis platforms, has raised $8 million in a funding round led by Canvas Venture FundHello Doctor, the developer of a mobile medical records application, has raised $700,000 in funding from angel investors…Almond Systems, a provider of Web-based nutrition plan adherence services, has raised $9 million in funding from Matrix Partners and Charles River VenturesWelltok, a provider of population health management programs, has raised $25 million in a funding round led by Bessemer Venture Partners.


Swedish American Health System in Illinois has selected Kaufman Hall‘s financial reporting and forecasting software…Marin General Hospital in California will implement M*Modal‘s clinical documentation software…Colorado Choice Health Plans has selected PaySpan‘s reimbursement automation and member engagement services.

Product Development and Marketing

HealthPrize Technologies, a provider of a mobile and online gaming-based medication adherence program, has partnered with Connexions Loyalty, the provider of an incentive platform, to create a medication adherence rewards program for the pharmaceutical industry…PaySpan, a provider of health care reimbursement and payment automation services, has partnered with HealthTrio, a health IT vendor, and Monument Systems, a claims processing and care management software provider, to develop an integrated consumer portal, claims adjudication and reimbursement platform.

Shareable Ink will offer its anesthesia and point-of-care clinical documentation tools through Allscripts‘ business unit…Accenture, a consulting and technology firm, has partnered with drugmakers Eisai, Merck and Pfizer to develop a cloud-based analytics platform for drug development…Mobile Heartbeat, a provider of mobile clinical communication services, has partnered with AirStrip, a provider of mobile health applications, to provide expanded clinical communication tools to patient care teams.


Lucia Savage, senior associate general counsel at UnitedHealthcare, has been named chief privacy officer of the Office of the National Coordinator for Health ITCharles Tuchinda — former executive vice president of First Databank, a drug database subsidiary of the Hearst Corporation — has been named president of First Databank.

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