Health IT Business News Roundup for the Week of July 10, 2015

July 11, 2015 in News

MA, Financial Reports and Funding

Nortek Security Control, a provider of resident and commercial security and smart control services, has acquired Numera‘s mobile personal emergency response system and telehealth business for an undisclosed sum…DecisionSim, a provider of health care simulation-based learning platforms, has acquired a digital communication-skills training and assessment tool from Drexel University College of Medicine for an undisclosed sum…Emdeon, a claims clearinghouse and revenue cycle management vendor, will acquire Altegra Health, a provider of risk adjustment and analytics services, for $910 million.

TECSYS, a supply chain management software vendor, has reported a Q4 2015 income of $311,000 on revenue of $15.8 million, compared with a Q4 2014 income of $757,000 on revenue of $12.5 million.

Wildflower Health, a developer of a mobile maternity health program, has raised $5 million in a funding round led by multiple investors…Allscripts has invested $200 million in NantHealth, a health IT vendor, through a 10% equity stake purchase…Doctor on Demand, a provider of telehealth services, has raised $50 million in a Series B funding round led by Tenaya Capital.

Medaxion, a provider of a mobile-based EHR system for anesthesiologists, has raised $1.3 million from undisclosed investors…23andMe, a personal genetic-testing and research company, has raised $79 million in a funding round with participation from undisclosed investors…Picwell, a provider of health care analytics services, has raised $4 million in a private stock sale led by MassMutual Ventures3D4Medical, a developer of medical education and fitness applications, has raised $16.4 million from Malin.


The Arkansas Health Insurance Marketplace Board of Directors has selected CSG Government Solutions‘ independent verification and validation services…Texas health system National HealthCare Corporation has selected Collain Healthcare‘s EHR system…Stillwater Medical Center in Oklahoma has selected Vocera Communications‘ communication system…the Defense Health Agency has selected Cerner to replace its pathology laboratory information system.

Product Development and Marketing

MapR Technologies has integrated its data management services with Liaison Technologies‘ data platform as a service integration and management software…the Institute for Relevant Clinical Data Analytics, a provider of standardized clinical assessment and management plan resources, has partnered with par8o, a health IT vendor, to develop an automated data collection process…the University of Missouri and EHR vendor Cerner have extended their partnership to develop and implement new health IT initiatives, such as a comprehensive population health strategy and network.

Fit4D will offer its diabetes care management platform to Healthfirst‘s health insurance plan members…Health Fidelity has integrated its risk adjustment services with Evolent Health‘s financial and administrative management platform…Modern Compliance Solutions will provide HIPAA security risk and compliance analyses for clients of Preferred Solutions, a provider of health IT consulting services…Quest Diagnostics has integrated its diagnostic testing services with HealthTap‘s digital health platform.


Adam Hawkins — former director of client services at CynergisTek, a provider of health information privacy services — has been named vice president of sales and marketing at CynergisTek…Matthew Trunnell, former CIO at the Massachusetts Institute of Technology‘s Broad Institute and Harvard University, has been named vice president and CIO at the Fred Hutchinson Cancer Research CenterNeal Neuberger, executive director of the Healthcare Information and Management Systems Society Foundation‘s Institute for e-Health Policy, will step down in August.

Richard Parker, former CMO of the Beth Israel Deaconess Care Organization, has been named CMO of Arcadia Healthcare Solutions, a provider of EHR data aggregation and analytics services…Pete Slone — former vice president of global government affairs at Medtronic, a medical device manufacturer — has been named senior vice president of corporate public affairs at McKesson, a health IT vendor…Michele Behme, former senior vice president and service line leader at Clinovations, has been named managing director of Leidos Health‘s Epic vendor practice…Gary Fingerhut, director of clinic innovations and business development at the Cleveland Clinic, has stepped down.

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