EMR Acquisitions | EMR, EHR and Healthcare IT News

Kareo Buys Epocrates EHR

Small practice EHR combines mobile technology and clinical knowledge base acquired from Epocrates with Kareo’s medical office software platform

IRVINE, CA – February 20, 2013 – Kareo, Inc., the cloud-based medical office software and services provider for small medical practices, serving over 17,000 medical providers, today launched Kareo Electronic Health Record (EHR). This new application is available free of charge as a stand-alone application or integrated with Kareo Practice Management and Kareo Billing Services, providing a seamless user experience and instant data exchange across applications. Kareo EHR offers small medical practices an intuitive and intelligent way to deliver care and engage patients through native iPad and iPhone applications or with a web browser. Kareo acquired mobile technology and a clinical knowledge base from Epocrates and leveraged these assets in developing its new EHR.

“More physicians in the US practice medicine in small practices than any other way, yet the demands of managing a small practice continue to grow. Small practice physicians need smarter and more mobile technology to help them care for their patients and optimize their businesses,” said Dan Rodrigues, founder and CEO of Kareo. “Our customers asked us to develop an electronic health record to complement our practice management and billing services solutions. With Kareo EHR, small practice physicians can now take advantage of an intuitive solution designed for how they deliver care and run their practices. Best of all, Kareo’s EHR is available for free and without ads or any long-term commitments.”

Kareo EHR was designed to support how small practice physicians deliver care and interact with their patients and can be used through native mobile applications or a web browser. With mobile use, physicians can restore the natural doctor-patient interaction that desktop-based EHRs have come to inhibit, while demonstrating savvy use of technology in delivering care. Kareo EHR offers a simple and intuitive interface physicians can use to quickly build notes via clinical knowledge base pick lists or with integrated voice recognition. Regardless of device or location, all care team participants have critical, up-to-date patient health information at their fingertips. Health information can be instantly exchanged electronically, including e-prescribing medications, ordering and viewing lab work, and sharing information with patients through the embedded patient portal. Kareo EHR streamlines workflows through its integration with Kareo Practice Management providing users single sign-on and instantly synchronized data, including appointments, billing codes, and all critical patient information. Kareo EHR is certified for use, as a complete EHR, by providers to demonstrate Meaningful Use and to qualify for up to $39,000 in 2013 incentives offered under the American Recovery and Reinvestment Act of 2009.

Kareo acquired core EHR technology originally developed by Epocrates and combined it with Kareo’s medical office software platform to build the new application. Included in the acquired technology, was a comprehensive clinical knowledge base that enables documentation and treatment orders for the top 100 primary care conditions and previously unreleased mobile device technology designed to deliver efficient note taking on tablets through intuitive swipe, tap, and touch actions. The overall development effort was led by Dr. Tom Giannulli, Kareo’s chief medical information officer, practicing physician, and original inventor of much of the acquired technology. The combination of Dr. Giannulli’s leadership, Epocrates technology, and Kareo’s software platform enabled the creation of a breakthrough EHR application for small practices.

“Adopting an electronic health record is especially challenging for small practices because most EHRs were not built with their needs in mind,” said Tom Giannulli MD, MS, chief medical information officer at Kareo. “Our cloud-based solution gives small practices the promised benefits of EHR technology and eliminates the challenges of implementing complex and expensive on-premise software. It was our goal to build Kareo EHR to support the physician’s need to deliver high-quality care while ensuring the utmost in practice efficiency.”

Kareo EHR is available free of charge, with no long-term commitments, no expensive implementation or ongoing support costs. Physicians simply sign up and get started. Kareo coaches are available to help physicians take full advantage of the features of Kareo EHR and free support is included for all users. Application upgrades are delivered automatically allowing physicians to instantly utilize new functionality and meet emerging industry demands, including supporting the requirements of each subsequent stage of Meaningful Use. Kareo EHR is advertising free and clinical data are owned and controlled by the practice. Kareo’s EHR is made available for free in an effort to build trust and earn physicians’ business in other practice areas. Should they decide to upgrade, physicians using Kareo EHR have the ability to purchase and instantly integrate Kareo’s full software and services suite at any time.

Kareo has built a market leading position in delivering intuitive, integrated, affordable technology and services to support the business needs of small medical practices. The launch of the best-of-breed, no cost Kareo EHR immediately delivers these same benefits to physicians on the clinical side of their practice. Small medical practices now can rely on a single trusted partner to deliver all of the cloud-based technology needed to manage essential clinical and business components, enabling optimized practice efficiency and an increased focus on patients not paperwork. Kareo EHR is available now at www.kareo.com.

About Kareo

Kareo is the only cloud-based medical office software and services platform dedicated to small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated suite of products and services designed to help small practice physicians get paid faster, run their business smarter, and provide better care. Our Practice Management software, Billing Services, and free, full-featured EHR help more than 17,000 medical providers more efficiently manage the business and clinical sides of their practice. Based in Irvine, California, Kareo’s mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.

Kareo EHR (formerly Caretools EHR) is a Complete EHR and is 2011/2012 compliant and has been certified by and ONC-ATCB in accordance with the applicable certification criteria adopted by the Secretary of Health and Human Services. This certification does not represent an endorsement by the U.S. Department of Health and Human Services or guarantee the receipt of incentive payments.

Pri-Med Acquires Amazing Charts EHR

Partnership Will Allow Amazing Charts’ Clinicians to Receive Individualized Continuing Education Based On Practice Patterns

Boston, Mass., November 19, 2012 – Pri-Med, the leading provider of professional medical education to a community of more than 260,000 clinicians, today announced the purchase of Amazing Charts, a leading provider of electronic health records (EHR) to independent medical practices.

As an independent operating subsidiary of Pri-Med, Amazing Charts will continue to offer its intuitive and affordable software solutions to clinicians, but now will have the resources to accelerate product development and the geographic reach of Pri-Med’s medical education conferences in 30 cities nationwide. Dr. Jonathan Bertman, founder of Amazing Charts, will continue to serve as President, with Kathleen Repoli serving as Senior Vice President. Other terms of the deal were not disclosed.

“Given the vast amount of knowledge and the pace at which practice recommendations change, providing real-time feedback to clinicians based on their current practice styles is critical,” said Jonathan Bertman, MD, FAAFP, founder and President of Amazing Charts. “While other EHR vendors may try to find ways to sell EHR data to the highest bidder, we believe any use of this data must be ethical, with clear and consistent disclosure, and used to improve patient outcomes rather than allow advertisers to better target consumers. And after being contacted by dozens of companies, including other EHRs, private equity firms, and venture capitalists, I have no doubt that Pri-Med is the best possible partner for our clients, our employees, and most importantly, the patients for whom we all care.”

With Amazing Charts, Pri-Med gains a next-generation medical education platform strategically located at the point of patient care, enabling it to deliver CME activities where and when decision support is needed.

“The holy grail of medical education is to demonstrate improved patient outcomes as a result of access to unbiased evidenced-based CME. We believe that in addition to our live meetings and online CME courses, providing this education at the point of care is the obvious next step, and we are excited to develop this with Amazing Charts,” said John Mooney, founder and CEO of Pri-Med. “With this deeply integrated partnership, we are together reimagining the EHR as a real-time educational instrument that expands well beyond managing one’s practice”

“Pri-Med has been committed to developing clinician-friendly solutions that are accessible, affordable and immediately applicable to patient care,” added Bertman. “That’s why we have attended every Pri-Med conference for over nine years! Pri-Med’s customers are our customers, and to say I am excited about what we can do together would be an understatement.”

Shields & Company, Inc. advised Amazing Charts in the transaction.

Click here to watch John Mooney and Dr. Jon Bertman discuss their vision for this unique partnership and how it came to be.

About Pri-Med

Pri‐Med is an operating division of Diversified Business Communications. Based in Boston, Mass., the organization has been a trusted source for professional medical education to over 260,000 clinicians since 1995. Through live meetings in over 30 U.S. cities and online at www.pri-med.com, actively practicing clinicians rely on Pri‐Med for opportunities to engage with local peers, meet internationally renowned faculty and participate in world‐class educational activities. For more information, visit: www.pri-med.com.

About Amazing Charts

Amazing Charts provides Electronic Health Records (EHR/EMR) and services to healthcare practices. Based on number one user ratings for usability, fair pricing, and overall satisfaction, Amazing Charts has been implemented in over 5,600 practices, and continues to add over 70 new practices a month. Founded in 2001 by a practicing family physician, Amazing Charts V6 is ONC-ATCB 2011/2012 Certified for Meaningful Use. Amazing Charts is headquartered at the historic Lafayette Mill Building in North Kingstown, RI. For more information, visit:www.amazingcharts.com

About Diversified Business Communications

Diversified Business Communications, based in Portland, Maine, provides information and market access through face-to-face events, magazine publishing, and eMedia on four continents. In addition to health care, Diversified serves a number of industries including: technology, retail, food and hospitality and business management solutions. Diversified operates divisions in Australia, Hong Kong, India, the UK and Canada.

WebPT Acquires Billing Services Company Health Data Solutions

WebPT, the electronic medical record (EMR) company, has made a strategic acquisition to expand it’s offering beyond electronic documentation to become a full, cloud solution that helps improve patient care and the clinic’s bottom line. Here are some stats on WebPT:

Now at 12,000 users with a 99% customer retention rate (highly unusual in the EMR space)
Has more than 13M electronic health records stored safely in it’s cloud environment
Will double in size again this year (fourth year in a row)
With this acquisition and integrations with billing software such as Kareo, WebPT is aiming to be much more than just a documentation software

Acquisition is Part of WebPT’s Effort to Become a Complete Cloud Solution for Physical Therapy Clinics

(Phoenix, Ariz. June 14, 2012) – WebPT, developer of cloud-based physical therapy software that makes physical therapy clinics more efficient, has announced the acquisition of Health Data Solutions, Inc., a company that specializes in physical therapy and chiropractic billing and revenue cycle management. WebPT began offering billing services to its customers in 2011 and launched the service on a national basis earlier this year. This acquisition is part of their effort to be a one-stop management solution for PT clinics for everything from documentation to scheduling to billing.

“The talent and business intelligence that comes with this acquisition is very exciting for us. This is an important step for WebPT and a great opportunity for Health Data Solutions,” says Paul Winandy, CEO of WebPT. “Health Data Solutions has been successful in the billing industry for ten years, specifically with PT clinics. With this acquisition we’re able to expand our market reach and provide an even better service to our current customer base. WebPT has not only gained a proven service offering, we have also added experienced team members who share our commitment to fanatical customer service.”

WebPT has brought on Health Data Solutions’ co-founder Robin Roach as the director of billing services to oversee the department. Roach’s responsibilities include the overall management of the department and championing the growth of WebPT’s billing service offerings.

“Our customers have been using WebPT for years. Our missions are aligned as well as our customers’ needs. This is a great fit for both companies,” says Roach. “Since WebPT’s entry into the market, we have been impressed with what they deliver in terms of quality and customer service. I look forward to seeing the results of the combination of minds and technologies, and am proud to be part of such an innovative, fast growth company.”

WebPT formally announced its revenue cycle management service in April of this year. The integrated billing service manages aspects such as posting and reconciling payments, as well as investigating, correcting and appealing insurance denials. Also available is real-time, 24/7 access to billing and claim information, which users can access from any computer or mobile device. WebPT customers also have easy access to daily, weekly and monthly reports for their review. The advanced reporting dashboard gives insight into account aging, revenue per visit, and payer mix to help provide a deeper understanding into the cash flow of their clinic.

WebPT initially launched as an electronic medical record (EMR) system in 2008. The company has since evolved to offer practice management features specific to needs of physical therapy clinics that provide actual ROI. From automated scheduling reminders to cloud-based home exercise programs and now billing, WebPT is becoming the full package for PT clinics that want to improve patient care and their bottom line.

About WebPT

WebPT, Inc. is the fastest growing Web-based EMR for physical therapists. It is the easiest, most affordable, and most complete solution for private practice physical therapy clinics on the market today. WebPT ensures compliance, security and efficiency while providing a truly mobile solution that meets the needs of today’s PT. More information can be found at http://www.webpt.com.

Health outcomes measurement is key to proving high-quality cancer care delivery

iKnowMed™ oncology-specific EHR improves care with outcomes data

The Woodlands, Texas (Feb. 24, 2011) — With healthcare reform on the horizon and cancer care costs on the rise, community-based oncology practices need a common technology platform that can capture and record valuable patient information while proving that patients are getting high-quality care. The unique relationship between iKnowMed™ electronic health record (EHR) system and US Oncology, a division of McKesson Corporation and a leading integrated oncology company, enables physicians to have access to the captured and compiled information that can be used for research studies, analysis and outcomes reporting.

“Having an oncology-specific EHR like iKnowMed is extremely convenient for oncologists, but what’s even more impressive is that the information the system compiles can be used to study patients’ health outcomes and prove that the oncologists are providing high-quality, effective cancer care,” said Roy Beveridge, M.D., chief medical officer, US Oncology. “Health outcomes measurement is key to proving that patients are getting the quality care they need and deserve, and it’s becoming a much sought after capability in technology systems. It is imperative to recognize the importance of standardized documentation through electronic health records to enable outcomes measurement at the practice level and across a broad network of providers.”

US Oncology acquired iKnowMed EHR in 2004 and linked the system to the company’s Healthcare Informatics group — a team consisting of pharmacists, oncology nurses, outcomes researchers, clinical data analysts and statisticians who extract and analyze health outcomes data for useful trends, both positive and negative in the quality of care. When practices choose to provide their patient information for health outcomes studies through the data entered into iKnowMed EHR, US Oncology’s Healthcare Informatics group can access aggregated patient information and use it to track the top 15 tumor types, which occur in approximately 65 percent of patients.

This robust data collection can be discreetly segmented and de-identified using detailed criteria for specific research studies. The data is then used to improve cancer treatments or discontinue use, depending on the analysis. In 2008 and 2009, physicians affiliated with the US Oncology Research Network published 10 studies using data collected in iKnowMed EHR. Topics included everything from treatment guidelines for anemia to the cost-effectiveness of non-small cell lung cancer pathways. In 2010, an additional nine studies were submitted or presented at major medical meetings throughout the world including the European Society for Medical Oncology (ESMO), International Society for Pharmacoeconomics and Outcomes Research (ISPOR) and American Society of Clinical Oncology (ASCO).

Andrew Johnston, US Oncology, will lecture on the use of electronic health records as a cornerstone of health outcomes measurement, including a detailed description of the benefits to community-based oncologists. The 25-minute presentation will take place at the 2:35 pm Learning Lab on March 3 at the Medical Group Management Association’s (MGMA) PEER 2011 conference in National Harbor, Md. During the presentation, Johnston will explain complete data capture for outcomes measurement, the importance of standardized documentation for healthcare informatics, and the benefits of health outcomes measurement for patients and physicians.

“Information Technology platforms, such as iKnowMed, that support standardized documentation through the use of evidence-based guidelines and quality outcomes measurement will help community-based oncology practices effectively provide and quantitatively prove their delivery of value-based, high-quality patient care,” said Johnston. “Both of these are becoming increasingly important for Medicare and private payers as we search for a better healthcare system based on the quality of care, rather than the quantity of care.”

For more information on how iKnowMed can help oncology practices improve efficiencies and quality of care, read US Oncology’s white paper titled “iKnowMed Electronic Health Record (EHR) System Provides Comprehensive Data Capture for Outcomes Measurement.”

About US Oncology

US Oncology, Inc., a division of McKesson Corporation, is a leading integrated oncology company. By uniting one of the largest community-based cancer treatment and research networks in America, US Oncology expands patient access to high-quality care and advances the science of cancer care. Headquartered in The Woodlands, Texas, US Oncology is affiliated with 1,400 community-based oncologists, and works with patients, hospitals, payers, and the medical industry across all phases of the cancer research and delivery continuum. By promoting the use of innovative technology, clinical research, evidence-based medicine and shared best practices, US Oncology improves patient outcomes and offers a better patient experience. For more information, visit www.usoncology.com.

About iKnowMed™

US Oncology leverages the innovation of iKnowMed™, a Web-based oncology-specific electronic health record (EHR) system designed by oncologists to enhance the patient experience and advance the science of cancer care. Developed in 1996 and acquired by US Oncology in 2004, iKnowMed goes beyond delivering standard EHR features by leveraging technology that helps physicians focus on clinical excellence and cost-effectiveness in community cancer care. With more than 940,000 patient records; 6,800 concurrent users; and nearly 1,000 provider users both inside and outside of the United Network of US Oncology, the system provides insight into quality patient care and serves as a decision support tool at the point of care by providing staging and diagnosis suggestions according to criteria from the American Joint Committee on Cancer (AJCC). The system also allows access to US Oncology’s Level I Pathways — evidence-based medicine — and screens new patients for potential clinical trial eligibility for open trials available at the practice. For more information call (866) 216-5053 or visit www.iKnowMed.com.

ADP Acquires AdvancedMD, A Leading Provider of Cloud-based Solutions for Practice Management, Electronic Health Records, and Revenue Cycle Management

ROSELAND, N.J. – March 1, 2011 – ADP ^®, a leading provider of human resource, payroll and benefits administration services, today announced that it has acquired AdvancedMD, a highly respected, privately-held provider of practice management (PM) andelectronic health records (EHR) solutions targeting small and mid-sized medical practices.

Ranking among the top 10 PM and EHR providers today, AdvancedMD’s innovative, cloud-based solutions are utilized by more than 10,000 physicians in 4,100 practices and by more than 300 regional billing partners across the United States. At the same time,ADP’s Small Business Services currently provides an array of integrated HR, payroll and benefits outsourcing services to more than 45,000 physicians in approximately 13,500 small to mid-sized practices. By leveraging the collective offering of AdvancedMD’s PM and EHR solutions, and combining that with ADP’s full set of services and long-standing history of serving medical professionals, ADP is now uniquely positioned as an integrated, single-source provider of Medical Practice Optimization.

Jan Siegmund, ADP’s chief strategy officer, commented, “With a trusted brand, best-in-class solutions, and experienced management team, AdvancedMD is a highly strategic fit with ADP and will enhance our offerings to small- and medium-sized medical clients. A partnership with ADP means that physicians can dedicate themselves to what they care about most— patient care —while letting ADP take care of the rest. With our newly combined team, ADP and AdvancedMD will compete effectively for the small- and mid-sized physician practice market, which is going through a rapid technology adoption cycle and moving aggressively toward outsourced solutions—clearly ADP’s strength.”

“Becoming a part of ADP is a terrific opportunity that creates immediate and compelling benefits for our customers, our business and our employees,” said Eric Morgan, president and chief executive officer of AdvancedMD. “AdvancedMD will benefit from becoming part of a global company with extensive resources and a strong reputation built on a foundation of superior client service. Emerging technology standards, coupled with incentives related to the Health Information Technology for Economic and Clinical Health (HITECH) Act enacted as part of the American Recovery and Reinvestment Act (ARRA) of 2009, are also spurring medical practices to evaluate and adopt electronic health record systems. Together, we will be in an excellent position to capitalize on the attractive long-term growth prospects of physicians seeking cloud computing-based solutions to the clinical and administrative aspects of their practices.”

Based in Salt Lake City, Utah with approximately 200 employees, AdvancedMD has achieved rapid and sustained growth since its founding in 2002.

About ADP

Automatic Data Processing, Inc. (NASDAQ: ADP), with nearly $9 billion in revenues and about 550,000 clients, is one of the world’s largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of HR, payroll,tax and benefits administration solutions from a single source. ADP’s easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine and recreational vehicle dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1 (800) 225-5237 or visit the company’s website at www.ADP.com.

About AdvancedMD

AdvancedMD provides market-leading medical billing software, which includes cloud-based electronic health records software (EHR) and practice management software (PM), delivered to more than 10,000 providers and 300 medical billing service providers nationwide. As a complete Medical Practice Optimization solution, the product combines the clinical with the financial to improve workflow and revenue capture. AdvancedMD medical office software includes EHR software, medical scheduling, electronic eligibility verification, electronic prescribing, and mobile access capabilities for the practice. It provides sophisticated, efficient claims processing, denial tracking and revenue management for the billing professional. Processing more than one million claims per month through our platform, the company consistently achieves first-pass claim acceptance rates of 95 percent or better, compared to the national average of 70 percent creating a powerful return on investment for small physician offices. For more information on ourmedical software, please visit www.advancedmd.com.

Kareo Buys Epocrates EHR

Pri-Med Acquires Amazing Charts EHR

Health outcomes measurement is key to proving high-quality cancer care delivery

ADP Acquires AdvancedMD, A Leading Provider of Cloud-based Solutions for Practice Management, Electronic Health Records, and Revenue Cycle Management

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