Health IT Business News Roundup for the Week of November 7, 2014
November 8, 2014 in News
MA, Financial Reports and Funding
Booz Allen Hamilton, a consulting firm, has acquired Epidemico, a health analytics provider, for an undisclosed sum…Lockheed Martin will acquire Systems Made Simple, a provider of health IT systems and services, for an undisclosed sum…New Mountain Capital, a private equity firm, has acquired HealthPort, a vendor of health information management software, for an undisclosed sum…Insurer Aetna will acquire bswift, a benefits administration provider, for $400 million…Truven Health Analytics, a provider of health care analytics services, has a acquired consulting firm Joan Wellman Associates for an undisclosed sum.
Castlight Health, a provider of health care pricing transparency services, reported a Q3 2014 net loss of nearly $20.2 million on revenue of $12.2 million, compared with a Q3 2013 net loss of $16.6 million on 3.6 million in revenue.
Gauss Surgical, a provider of a mobile blood-loss monitoring application, has raised $1.5 million through equity sales…ProofPilot, a health IT vendor, has raised $1.85 million from undisclosed investors.
MedStar Health has selected Cerner‘s EHR system…The Hospital for Sick Children has selected Austco Communication Systems‘ nurse call communication service.
Product Development and Marketing
ResMed, a provider of respiratory devices and breathing aids, has partnered with Nintendo to develop a device that helps people sleep…CVS Health has partnered with Baptist Health System, Community Health Systems and Premier Health to provide the health systems with access to prescription and visit information through the integration of secured EHR systems…Livongo Health, a mobile health monitoring application developer, has partnered with EHR vendor Cerner to provide remote monitoring devices to patients with diabetes.
Steve Pavlick — former director of legislative affairs at Northrop Grumman, a defense contractor — has been named manager of congressional affairs at the Healthcare Information and Management Systems Society…Anjum Khurshid of the Louisiana Public Health Institute has been appointed to the Health IT Policy Committee…Stephen Hynes — CEO of MRO, a protected health information disclosure management services provider — has been named president of the Association of Health Information Outsourcing Services, an organization of health information management executives.