Vendor Notebook - ERT to buy CareFusion for $81M
ERT, of Philadelphia, a global provider of technology and services to the pharmaceutical, biotechnology and medical device industries, announced that it has agreed to acquire the research services division of CareFusion Corporation (CRS), for $81 million in cash. CRS is a provider of respiratory diagnostics services and manufacturer of diagnostic devices and also offers cardiac safety and ePRO services. All will be integrated into ERT’s existing business. ERT stated that the transaction is expected to close in June 2010 pending satisfaction of customary closing conditions. No stockholder approvals are required.
CircleSource, of Birmingham, Ala., has announced the acquisition of its healthcare operations by Nashville-based eMids Technologies. eMids is a provider of diversified Technology and Operations services to the healthcare industry. CircleSource’s healthcare operations have developed certain niche expertise over last several years and this acquisition enables eMids to enhance its technology services offerings.
SRSsoft, the Montvale, N.J.-based maker of high-performance hybrid EMRs, has announced that Coastal Orthopaedic Associates, P.A. has selected the SRS hybrid EMR for its 14 musculoskeletal provider specialists. With offices in Conway and Surfside Beach, Coastal Orthopaedic Associates, P.A. is one of the largest musculoskeletal practices in northeastern South Carolina.
Capsule, the Andover, Mass.-based provider of medical device connectivity, has announced it will work with GE Healthcare to integrate its connectivity solution with the GE Centricity Enterprise, Perinatal and Perioperative solution suites. By incorporating Capsule’s Enterprise Device Connectivity Solution, featuring DataCaptor and the innovative Capsule Neuron platform, GE can offer the automated collection of electronic data from validated medical devices, inside or outside the GE family, into GE Centricity information systems. More importantly, they will be able to distribute the data across the continuum of care to help organizations achieve more effective and efficient decisions on behalf of their patients and providers.
Wellsoft Corporation, of Somerset, N.J., has announced that the first of three Thomas Jefferson University Hospitals (TJUH) in Philadelphia, Pennsylvania is live with its Emergency Department Information System (EDIS). The Center City Campus of Thomas Jefferson University Hospital provides emergency care for over 59,000 patients each year. Wellsoft EDIS features live in the Center City Campus include Patient Tracking, Registration Tracking, Order Tracking, Results Reporting, Medication Reconciliation, Drug/Drug and Drug/Allergy Checking, Electronic Nursing, Physician and Resident Clinical Documentation, Automatic Faxing, Image Capture and Patient Aftercare/Disposition Summaries and Prescriptions, Clinical Decision Support and automated Risk Management Alerts, automated E&M Scoring, as well as Unresolved Issues Tracking. HL7 Interfaces to hospital wide and ancillary systems include ADT and Inbound Laboratory and Radiology Results, as well as outbound patient location and disposition status updates.
Zynx Health, the Los Angeles-based provider of evidence- and experience-based clinical decision support solutions, has been selected by Catholic Health East, a multi-institutional health system headquartered in Newtown Square, Penn., to deploy order sets and plans of care to 18 of its acute care hospitals. The deployment of ZynxOrder and ZynxCare will enable CHE to improve patient care and demonstrate meaningful use of its electronic health record systems (EHRs) as established in the American Recovery and Reinvestment Act of 2009.
Picis, of Wakefield, Mass., has announced that it has continued to expand its market share with the addition of 53 U.S. healthcare facilities to its base of clients utilizing Picis’ LYNX E/Point point-of-care revenue management solution for the emergency department (ED). This represents a 60 percent increase in E/Point installations over the first quarter of 2009, and an additional 1.5 million annual hospital ED patient visits automated with the system. During the past four quarters, 142 healthcare facilities, representing 4.6 million ED visits annually, have selected E/Point. Based on results from these E/Point customers, E/Point helped increase their average revenue per ED encounter by $42, representing an estimated $193 million in incremental revenue gained by implementing LYNX solutions.
Emdat, of Fitchburg, Wis., has announced the launch of DaRT, or Discrete accurate Reportable Transcription, a solution that enables more efficient utilization of electronic medical records by seamlessly integrating with Emdat’s online medical transcription platform. Providers and MTSOs who use Emdat can now populate EMRs with information entered by transcriptionists rather than physicians, allowing doctors to focus on patient care and potentially leading to significant cost savings. By relieving physicians of this time-consuming data entry responsibility, which ultimately reduces the average number of patients he or she can see in a day, DaRT eliminates what has been a major challenge to the successful adoption of electronic records.
NextGate, of Pasadena, Calif., has announced that its MatchMetrix EMPI product suite, one of the industry’s most flexible and affordable master data management applications, successfully passed all Patient Cross Reference Manager interoperability tests at the IHE Connectathon event in Bordeaux, France last week. As one of the few pure-play Enterprise Master Patient Index (EMPI) software technology providers, NextGate joined over 67 companies in the health care industry’s most important interoperability event to showcase its commitment to industry standards. At the Connectathon event, the NextGate team successfully used MatchMetrix to demonstrate Patient Identifier Cross Reference (PIX) and Patient Demographic Query (PDQ) interoperability across all IHE use cases.
NextGen Healthcare Information Systems, of Atlanta, a wholly owned subsidiary of Quality Systems, Inc. and provider of healthcare information systems and connectivity solutions, has announced that it has executed an agreement with Sinai Medical Group to deploy NextGen EHR (Electronic Health Record) and NextGen Practice Management. Implementation of the integrated technology platform began in January 2010, with the first clinic expected to go live in August 2010. Sinai Medical Group is a faculty group practice consisting of almost 200 physicians who provide a wide range of medical and surgical specialty care.
athenahealth, the Watertown-based provider of internet-based business services to physician practices, has announced that it will be providing its revenue cycle management services to Lourdes Medical Associates (LMA), a healthcare management association located throughout southern New Jersey. LMA will be deploying athenahealth’s web-based physician medical billing and practice management service, athenaCollector, for its more than 100 medical providers in their growing New Jersey health network. By leveraging athenahealth’s athenaCollector service, which unlike traditional software-only models does not require cumbersome start-up costs for software licensing or hardware investments, LMA doctors will now have the opportunity to efficiently assess, plan, and improve practice performance as well as increase their revenues.
INFINITT North America, of Phillipsburg, NJ, a technology leader in web-based image and information management solutions, announced the deployment of their web-based Enterprise PACSat St. Joseph's Regional Medical Center (SJRMC) in Paterson and Wayne, N.J. Infinitt used their own migration tools and methods to transfer more than 30 Terabytes of image and patient data in less than five months. Since its inception in 1868, St. Joseph's Regional Medical Center has grown into an 880-bed academic tertiary medical center and state designated trauma center, consisting of three hospitals and two outpatient imaging centers. With more than 350,000 imaging procedures a year, the old PACS was unable to handle the ever-increasing data storage and distribution requirements.
NoMoreClipboard.com, the Fort Wayne, Ind.-based Personal health record vendor, has entered into a strategic partnership with Sevocity, a vendor of affordable, certified, easy to use electronic health record systems, to offer Sevocity clients a branded patient portal offering. Under the partnership, NoMoreClipboard practice-branded patient portals will be integrated with Sevocity EHR systems, enabling physician practices and patients to exchange electronic health information that will help improve communication and care coordination.
Allscripts has announced that Medical & Surgical Clinic of Irving has selected the Allscripts Electronic Health Record (EHR) solution for its 31 physicians to enhance the quality of patient care, improve patient communications, and better manage the cost of care delivery. The agreement is the next natural step in the group’s deployment of Allscripts. Medical & Surgical Clinic of Irving has been using the Allscripts Document Management solution, a first step towards a full Electronic Health Record, since 2004.
Axolotl Corp., the San Jose, Calif.-based maker in health information exchange (HIE) services and solutions, and Chesapeake Regional Information System for our Patients (CRISP), the state-designated entity for Maryland’s health information exchange (HIE), have announced that CRISP has selected Axolotl’s technology as the core infrastructure for the state’s health information exchange. CRISP is a private, non-profit organization with a goal to enable safer, timely, efficient, effective, equitable, patient-centered health care to all Marylanders through health information technology.
MNEMONICS, INC., a Mt. Laurel, N.J.-based maker in total quality solutions for proofing, printing inspection, and verification software and systems, has announced the launch of AVIA Infinity, a highly flexible and effective tool designed to extend the dimensionality of automated proofreading to multiple-page document inspection. This product offers the highest level of error reduction on high-value documents, coupled with significant time savings that reduce the process from weeks down to hours -- particularly in the fields of pharmaceutical, medical devices, and finance.
Sage Healthcare, of Tampa, Fla., has announced that Healthcare Billing Consultants, Inc., a healthcare billing service provider with three offices in Central Pennsylvania, has selected Sage Intergy for its practice management and analytics needs. Healthcare Billing Consultants, Inc. (HBC), which processes 20,000 claims transactions per month for nearly 80 healthcare providers, is experiencing major business growth and sought a new practice management and analytics solution to streamline workflow and offer more advanced reporting accuracy and information-sharing capabilities than its existing solution.
Tri-City Radiology, a multi-modality radiology imaging center in Kennewick, Wash., was eager to find the right solution to fit their environment. They were looking for a solution that could improve the referring physician experience along with providing their radiologists with Teleradiology features and improved workflow. After examining many RIS/PACS providers, they came across RamSoft’s PowerServer RIS/PACS. Impressed by its worklist driven functionality, ability to read from anywhere and platform independent referring physician portal, TCR quickly made the decision to purchase and implement.
Meru Networks, the Sunnyvale, Calif.-based maker of virtualized and optimized 802.11n enterprise networking, has announced that Faxton St. Luke’s Healthcare (Faxton) has replaced their legacy microcell wireless LAN (WLAN) with Meru Networks’ virtualized WLAN solutions to manage the complexity of operating a rich suite of converged applications to improve patient care and reduce operating costs. Working through Meru Networks’ reseller partner CNC Microtech, Faxton powered a suite of key applications from McKesson, Eclipsys, Rauland, TeleTracking Technologies and Ascom simultaneously and interactively across their 1.3m sq. ft. facility to optimize performance of business-critical applications like bedside registration, RFID for hospital asset tracking, transport service response teletracking, surgery scheduling, nurse voice call and automated temperature medication monitoring.