Health IT Business News Roundup for the Week of February 20, 2015
February 21, 2015 in News
MA, Financial Reports and Funding
The Advisory Board Company, which produces iHealthBeat for the California HealthCare Foundation, has acquired Clinovations, a health IT consulting firm, for an undisclosed sum…HealthStream, a provider of workforce management services, will acquire HealthLine Systems, a software vendor, for $88 million…Influence Health, a provider of a digital consumer engagement platform, has acquired BrightWhistle, a digital health care marketing platform provider, for an undisclosed sum.
Health IT vendor Cerner reported a Q4 2014 profit of $147.9 million on revenue of $926 million, up from a Q4 2013 profit of $60.1 million.
Kura MD, a developer of medical technology and a Web-based telehealth system, has raised $1.5 million from Moneta Ventures…Imagine Health, a provider contracting company, has raised $21 million in a Series A funding round led by Trident Capital and HLM Venture Partners…Sproutling, a provider of a wearable sensors, has raised $3.9 million from multiple investors…VitalMedicals, a developer of mobile health software, has raised $1.1 million from multiple investors…Bivarus, a health IT software vendor, has raised $1.9 million in a Series A funding round led by Excelerate Health Ventures.
Seamless Medical Systems, a developer of digital registration and communication software, has raised $750,000 from the Kresge Foundation and the California HealthCare Foundation, which publishes iHealthBeat…CarePayment, a provider of payment services for patients, has received $100 million in funding from Wells Fargo…Aventura, a health IT vendor, has raised $14 million in a Series C funding round led by SafeguardScientifics and the Merck Global Health Innovation Fund…greenlight.guru, a developer of compliance software for medical device vendors, has raised $1.25 million from multiple investors…OtoSense, a mobile health application developer, has raised $1.45 million from multiple investors.
Curve Dental, a developer of cloud-based dental software, has selected DrFirst‘s integrated electronic prescribing tools…AbleStar Health, a provider of an online behavioral health screening portal, has selected ClearDATA‘s health IT cloud computing services…Greenway Health, a provider of revenue cycle management services, has selected Orion Health‘s service integration software…the Dade County Medical Association in Florida has selected HealthFusion‘s EHR system…Aetna has selected Newtopia‘s personalized patient engagement platform…Mary Washington Healthcare, a not-for-profit health system in Virginia, has selected MedeAnalytics‘ population health management software.
Product Development and Marketing
Viridian Health Management, a population health management company, has partnered with Noom, a provider of mobile preventive health tools, to develop a multi-platform healthy lifestyle program for diabetics…Welch Allyn, a provider of medical diagnostic devices, has partnered with Spok, a software developer, to create a mobile platform for remote patient monitoring tools…Orion Health, a population health management company, has partnered with Qualcomm Life, a provider of mobile health IT services and applications, to develop a joint chronic care management tool.
Garmin, a provider of wearable fitness trackers, has integrated its activity tracker software with Medidata‘s cloud-based analytics platform…the California Telehealth Network has partnered with Solix, a provider of program administration and eligibility determination services, to help increase the amount of funding that California providers receive from the FCC‘s Rural Health Care Program…AirStrip, a health IT vendor, has partnered with Life Monitor Pty, a subsidiary of Australian cardiac reporting service Cardioscan, to market AirStrip’s interoperability platform and fetal monitoring system in Australia and New Zealand.
Richard Daniels, interim CIO of Kaiser Permanente, has been named executive vice president and CIO of Kaiser…Bradley Cordes – former vice president of revenue cycle management at Accretive Health, an acute care provider — has been named vice president and general manager of charge capture and coding services at T-System, a provider of documentation and revenue cycle management services…David Bates, former chief quality officer at Brigham and Women’s Hospital in Boston, has been named senior vice president and chief innovation officer of the hospital…DJ Patil, former vice president of product at software vendor RelateIQ, has been named the first chief data scientist and deputy CTO for data policy at the White House.
Aaron Cornell — former CFO of YouBeauty.com, a lifestyle website — has been named CFO of Explorys, a provider of cloud-based health care analytics services; Howard Schreiber, a former executive in Accenture‘s solution and sales division, has been named vice president of sales and channels at Explorys…Jonathan Leviss, former CMO at the Rhode Island Quality Institute, has been named senior vice president and medical director of AMC Health, a provider of patient management tools…John Bardis — chair and CEO of MedAssets, a medical technology and consulting firm — has resigned from his position but will stay on as a part-time consultant; Halsey Wise, a member of the MedAssets board, has been named chair and CEO of the company.