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Kareo Acquires DoctorBase

Acquisition adds marketing and patient communications functionality to Kareo’s robust solutions for independent practices

Irvine, CA – March 10, 2015 – Kareo, the leading provider of cloud-based software and services for independent medical practices, today announced the acquisition of DoctorBase, a practice marketing and patient communications solution. The deal complements Kareo’s existing offerings, which enable healthcare providers and their staff to successfully meet the business challenges associated with a rapidly changing healthcare market.

DoctorBase is an innovator in the emerging category of practice marketing and patient communications technology. The company’s offering helps doctors find new patients, foster their loyalty and manage existing relationships. Features offered by DoctorBase to help physicians achieve these goals include reputation management, online booking, appointment reminders, patient recall capabilities and mobile secure messaging. DoctorBase serves thousands of providers practicing in over 30 medical specialties across 42 states.

“By adding DoctorBase’s innovative solutions to the Kareo platform, independent medical practices will have the tools they need to attract new patients and manage relationships with their existing patients – keeping them ahead of competition such as that from large health systems and retail clinics,” said Dan Rodrigues, CEO of Kareo. “We’re excited that our solutions combined with DoctorBase’s functionality will provide patients with conveniences they have come to expect in other parts of their lives, such as online appointment booking and email and text appointment reminders.”

The combined Kareo and DoctorBase solution will allow patients to find a doctor, book an appointment online, and receive automated appointment reminders through their preferred communications channel including phone, email or text messages. During the actual visit, the practice captures the patient’s medical information and facilitates payment. After the visit, patients will receive automated communication including a patient satisfaction survey and a request to rate the physician online as well as encourage the patient to share their experience through social media sites such as Yelp, Google Local and others. The technology will also continue to nurture the patient over time through targeted communication to receive follow-up care, such as an annual physical, for example.

“Kareo’s mission to help independent practices succeed perfectly aligns with our goals,” according to John Sung Kim, founder and CEO of DoctorBase. “Kareo has been instrumental in helping thousands of doctors run their practices smarter. With our combined solutions, we’ll empower independent physicians to thrive in a dynamic market with changing consumer behavior.”

“For years, our practice has been using Kareo’s platform combined with DoctorBase’s patient engagement and practice marketing solutions to reduce administrative time while increasing referrals,” said John Browning, MD, of Texas Dermatology and Laser Specialists. “In our eyes, this is a logical combination. We’re eager to see how the two companies will work together to continue delivering innovative solutions that help independent practices, like ours, succeed.”

Practices can continue to purchase the practice marketing and patient communications features direct from DoctorBase with no change in pricing. Kareo will launch a limited availability, lightly integrated release in early Q2 with plans towards deeper integration with the Kareo solution in the second half of the year.

All DoctorBase employees will be joining the Kareo team. In addition, to accelerate the companies’ integration, their San Francisco offices will be immediately combined, significantly expanding Kareo’s presence in the San Francisco Bay Area.

Financial terms of the acquisition will not be disclosed.

About Kareo
Kareo is the only cloud-based medical office software and services platform purpose-built for small practices. At Kareo, we believe that, with the right tools and support, small practices can do big things. We offer an integrated solution of products and services designed to help physicians get paid faster, run their business smarter, and provide better care. Our practice management software,billing services, and free, award-winning fully certified EHR help more than 30,000 medical providers more efficiently manage the business and clinical sides of their practice. Kareo has received extensive industry recognition, including the Deloitte Technology Fast 500, Inc. 500/5000, Forbes Top 100 Most Promising Companies, and Black Book #1 Integrated EHR, Practice Management and Billing Vendor. Headquartered in Irvine, California, the Kareo mission is to help providers spend their time focused on patients, not paperwork. For more information, visit www.kareo.com.

March 10, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Modernizing Medicine Closes Acquisition of Aesyntix Health, Inc.

Provider of EMA™ expands its specialty-specific product offerings with billing, inventory management and group purchasing services

Boca Raton, Fla. – Dec. 30, 2014 Modernizing Medicine, Inc., creator of the Electronic Medical Assistant® (EMA™), a cloud-based, specialty-specific electronic medical records (EMR) system, announced today that it completed an acquisition of Aesyntix Health, Inc. on Dec. 22, 2014.

Aesyntix is a privately held company based in Roseville, Calif., that serves medical practices with three specialty-specific offerings: Aesyntix Billing Solutions for revenue cycle management (RCM), Aesyntix Inventory Management (AIM) and Aesyntix Physician Network (APN), a medical group purchasing organization (GPO).

The transaction with Aesyntix will enable Modernizing Medicine to provide RCM, inventory management and a GPO to its customers in addition to EMA. The specialty RCM service combines technology that streamlines claim processing and collections, comprehensive support services and specialty certified billing managers to deliver RCM expertise to end users who select the service with EMA.

“Our new specialty-specific RCM service along with EMA can create more efficient, streamlined billing processes at the point of care to help reduce denials, monitor and maximize reimbursements, decrease the cost of collections and increase revenue for providers,” said Daniel Cane, CEO and co-founder of Modernizing Medicine. “Nearly 5,000 physicians already use EMA, and most prefer one vendor for both their RCM service and EMR system. It means there is a single source for services, systems and support plus an opportunity for greater efficiencies and cost savings when customers choose combined offerings.”

“We are excited to join forces with Modernizing Medicine; it is a win all around,” said Clark Avery, CEO of Aesyntix. “Not only will the employees be part of a rapidly growing and leading healthcare technology company with a clear mission of modernizing medicine through specialty solutions, but also our customers can benefit from the stronger combined offerings.”

About Modernizing Medicine

Modernizing Medicine® is transforming how healthcare information is created, consumed and utilized in order to increase efficiency and improve outcomes. Our flagship product, Electronic Medical Assistant® (EMA™), is a cloud-based, specialty-specific electronic medical records (EMR) system built by practicing physicians. Available as a native iPad, iPhone and Android application and from almost any web-enabled Mac or PC, EMA adapts to each provider’s unique style of practice. This ICD-10 ready EMR system is available for the dermatology, ophthalmology, orthopedics, otolaryngology, gastroenterology, rheumatology, urology and plastic and cosmetic surgery markets and used by more than 4,800 physicians in the United States and its territories. The Modernizing Medicine family of companies also provides specialty-specific billing, inventory management and group purchasing services.

December 31, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Nextech to Acquire MDIntelleSys, the Leading Cloud-Based EHR for Eye Care

Tampa, Florida – October 2, 2014 – Nextech Systems, a leading provider of specialty-focused healthcare technology solutions for physician practices, and MDIntelleSys (MDI), a leading cloud-based electronic health record (EHR) for ophthalmologists, today announced that they have entered a strategic agreement in which Nextech will acquire MDI. The acquisition of MDI effectively doubles Nextech’s ophthalmology market share while adding clinical depth and ophthalmic expertise to Nextech’s suite of solutions. It will also allow Nextech to immediately provide its cloud-based practice management solutions to MDI customers.

“This strategic acquisition strengthens Nextech’s position as the industry leader in specialty-specific healthcare IT solutions, and by combining our product portfolio with MDI, we will be able to offer a collective SaaS presence in our markets,” says David Henriksen, CEO of Nextech. “Together, MDI and Nextech will drive product innovation and deeper engagement with our customers and partners to support the unique needs of specialty physicians.”

Nextech is the largest specialty-specific EHR provider and is the only specialty EHR to be ranked in Medscape’s “Top Favorite EHR List.” Nextech’s industry leading position is supported by the strategic experience and financial strength of healthcare technology focused private equity firm Francisco Partners. In October of last year, Francisco Partners made a strategic investment in Nextech due to its strength and stability as the largest all-in-one specialty specific solution. Through this acquisition, MDI clients are now able to take advantage of Nextech’s full product suite of integrated solutions, including practice management, marketing, inventory and optical shop management modules. These customers will also gain access to Nextech’s consultative services with regard to meeting requirements for meaningful use and ICD-10.

“It is the goal of both Nextech and MDI to capitalize on our joint success in the ophthalmology market to further advance our solution offerings,” says Dan Montzka, MD, founder, chairman and CEO of MDIntelleSys. “This transaction will enhance both companies’ offerings immensely, better serving the needs of more than 25,000 ophthalmologists in the United States alone.”

By joining forces with MDI, which ranked number one in nine categories on the American Society of Ophthalmic Administrators (ASOA) 2013 EHR Customer Satisfaction Survey, Nextech is able to further extend its position as the premier specialty-specific solution for ophthalmology practices. Nextech will leverage MDI’s Software as a Service (SaaS) capabilities to expand the company’s cloud offering, extending the usability and reach of Nextech’s integrated solution. Nextech will now offer both a client-server model and cloud-based solution to meet each practice’s unique needs.

“Over the years, I have admired MDI’s excellence in customer service, clinical product focus and its unique SaaS offering.   A testament to the leadership and passion of Dr. Montzka and his team,” says Dr. Kamal Majeed, Founder and Board Member of Nextech. “Combined with Nextech’s all-encompassing products and mobile platforms, this partnership creates a powerful and most unique offering in the market.”

Dr. Dan Montzka will assume the role of Chief Medical Officer at Nextech. While still subject to customary closing conditions, MDIntelleSys, LLC will now be known as MDIntelleSys, a Nextech company. The product portfolios from both companies will continue to move forward as Nextech and MDI work to advance and combine their respective solution offerings.

About Nextech

Nextech deploys specialty-focused healthcare technology for physician practices. As a trusted advisor to thousands of specialty providers since 1997, Nextech delivers consultative guidance, professional services and innovative tools that enable clients to increase efficiencies while meeting their long-term business goals. The company’s robust solutions integrate seamlessly with value-added modules to create a single, intuitive platform that streamlines clinical, administrative, financial and marketing workflows. To learn how Nextech’s advanced offerings help specialty providers succeed in a fast-changing healthcare environment, visitwww.nextech.com.

About MDIntelleSys

MDIntelleSys, A Nextech Company, located in Clearwater, Florida designs, develops and markets intelligent healthcare solutions for ophthalmologists. MDI’s electronic health records (“EHR”) software, called IntelleChart, is the leading cloud based EHR specifically designed for eye care specialists. For additional information visit: www.mdiehr.com.

About Francisco Partners 

Francisco Partners is a global private equity firm that specializes in investments in technology companies. Since its launch over a decade ago, FP has raised approximately $7 billion and invested in more than 100 technology companies, making it one of the most active investors in the industry.  The firm invests in transaction values ranging from $50 million to over $2 billion, where the firm’s deep sub-sector knowledge and operational expertise can help a company realize its full potential. For further information, please visit: www.franciscopartners.com.

October 6, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

VCS Merges With Medkinetics and Payor Enrollment Services

HOUSTON – AUGUST 26, 2014 – Vendor Credentialing Service (VCS), a leading provider of Software as a Service (SaaS) based healthcare compliance and credentialing solutions, today announced a merger with Medkinetics and Payor Enrollment Services. The combination creates the leading provider of compliance and credentialing software covering all constituents of the healthcare community, including physicians, nurses, staff, vendors, contractors and payors. 

“Each of the three companies has an established leadership position in its respective field,” said Rick Pleczko, President and CEO of VCS. “With this merger, healthcare organizations now have a single source provider for all their credentialing and compliance needs, across their entire organization.” 
 
“We’re excited to join forces with VCS,” said Jim Cox, President of Medkinetics and Payor Enrollment Services. “The combination creates the clear leader in the industry, bringing together professionals with many years of experience in healthcare compliance with state of the art technology enabling our customers to quickly and easily solve their compliance and credentialing challenges.”


The combined company will be headquartered in Houston and will maintain operations out of Franklin, Tenn., formerly the Medkinetics and Payor Enrollment Services headquarters.


VCS is a portfolio company of The CapStreet Group, and Healthcare Growth Partners served as financial advisor to VCS and CapStreet.


Neil Kallmeyer, Managing Partner at The CapStreet Group, added, “The completion of the VCS and Medkinetics/Payor Enrollment Services merger represents VCS’s second acquisition in less than two years. We continue to pursue acquisition opportunities to further expand VCS’s product offering, solidifying the company’s position as the leading compliance and credentialing company in the healthcare industry.”

About VCS
Founded in 2006, VCS is an industry leader in compliance and credentialing Software as a Service solutions that help healthcare organizations mitigate risk and ensure compliance. For more information or to contact VCS, visit www.vcsdatabase.com or (866) 373-9725.

About Medkinetics
Founded in 1999, Medkinetics provides innovative Software as a Service solutions for healthcare organizations including provider credentialing, privileging, peer review, quality and performance improvement, and event reporting. Medkinetics’ solutions enable clients to see increased revenue, reduced cost, enhanced provider relations, and improved compliance. For more information about Medkinetics, visit www. Medkinetics.com

About Payor Enrollment Services
Payor Enrollment Services provides fast and accurate credentialing and enrollment of practices and providers with commercial and federal payors. Payor Enrollment Services streamlines processes using state of the art software – taking the burden off providers and enabling organizations to recognize reimbursements faster. For more information about Payor Enrollment Services, visit www.payorenrollment.com


About CapStreet
The CapStreet Group is a private equity firm founded in 1990 that invests in owner-managed, middle market companies headquartered in Texas and surrounding states.  CapStreet targets companies operating in diversified business service sectors, including healthcare, industrial distribution and industrial manufacturing businesses and partners with management teams and existing owners to accelerate growth and improve profitability.

About Healthcare Growth Partners
Healthcare Growth Partners (HGP) provides investment banking and strategic advisory services with an exclusive focus on health informatics and digital health. Since 2005, HGP has closed over 60 transactions representing over $1 billion in value, including sell-side, buy-side, and capital formation. The firm leverages its experienced management team, domain expertise, and deep network of contacts to provide efficient and high value processes for clients.

August 26, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Scott Collins Assumes Role of President and Owner of Aria Marketing; Names New Leadership Team

Jessica Cohen Promoted to Executive Vice President and Ross Homer Joins Company as Vice President to Support Current Clients and Continue Company Growth

Boston, MA – July 22, 2014 – Aria Marketing, an integrated healthcare communications agency, announced that the company is now under new leadership. Scott Collins, former vice president, has been named principal owner and president of the company. Collins acquired ownership of the 15-year-old agency from Bruce Jankowitz, who is continuing to work as an industry consultant. Additionally, Aria has announced that Jessica Cohen has been promoted to executive vice president, and Ross Homer has returned to Aria as vice president.

With over twenty years of agency and in-house public relations and marketing experience, Collins will leverage his extensive industry knowledge and executive-level insight to maintain Aria Marketing’s established reputation as the leader in healthcare communications. Additionally, Collins is investing new resources in growing the company to help keep pace with the increasing demand for its PR and marketing services. Currently, Aria Marketing is seeking new account executives and senior account executives and Collins announced today that the company will be moving to an expanded office space this summer.

“Over the past decade and a half, Aria Marketing has earned a reputation for understanding the ins and outs of healthcare and developing and executing public relations and marketing strategies that align with the key issues,” said Collins. “My top priority is to continue to garner exceptional results for our clients – always putting their needs first – as we prudently grow the company. By adding Jessica and Ross to the senior leadership team, we will be better positioned than ever before to provide exceptional service to both new and existing clients.”

Jessica Cohen and Ross Homer have joined Collins as executive vice president and vice president, respectively. As members of the leadership team, the pair oversee the company’s PR and marketing functions, providing strategy to all clients. As part of their operational duties, they are spearheading the company’s recruitment and new business initiatives.

Cohen began her career a decade ago as an account executive at Aria Marketing, and most recently functioned as Aria’s director. She has executed successful PR and marketing programs for over 35 healthcare companies, including Dictaphone/Nuance, Craneware and Fallon Clinic. Homer has returned to Aria – where he previously worked as a senior account executive – with both in-house and agency public relations and communications experience. Having worked at companies such as Brigham and Women’s/Faulkner Hospital, Quantia and Care.com, Homer has cultivated a deep healthcare and HIT industry knowledge-base, which he brings to his new role.

About Aria Marketing, LLC

Founded in 1999, Aria Marketing is an integrated, healthcare communications agency providing unmatched industry and strategy expertise, thought-leadership driven PR, compelling creative and superior customer service. Aria earned its reputation as healthcare’s leading thought leadership agency from working with some of the biggest, sharpest and most innovative healthcare organizations, from pre-angel start-ups to Fortune 20 companies. Its services include: strategic planning, branding and positioning services; public relations; social media; and creative services.

July 23, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Availity Acquires RevPoint, Adds Patient Access Capabilities to Revenue Cycle Suite

Transaction addresses demand for improved reimbursement management tools; simplifies “up-front” payment processes for providers and their patients

JACKSONVILLE, Fla.–(BUSINESS WIRE)– Availity, one of the nation’s leading health information networks, today announced it has acquired Nashville, Tennessee-based RevPoint Healthcare Technologies, an innovative provider of revenue cycle tools that increase patient collections at the beginning of the revenue cycle process.

Russ Thomas, Availity CEO (Photo: Business Wire)Russ Thomas, Availity CEO (Photo: Business Wire)

Unlike traditional collection tools developed to support the end of the revenue cycle, the RevPoint solution focuses on the front office – where it matters most – enabling an increase in patient payments before the patient visit. The acquisition expands Availity’s ability to satisfy one of the provider market’s top pain points: more timely and consistent cash flow. Improved cash flow is especially critical as the popularity of high deductible health plans means more of the payment responsibility moves to patients, and thus physicians, to ensure timely payment. The acquisition also accelerates Availity’s reach into the hospital and health system sectors, while deepening its capabilities to meet the demands of an evolving revenue cycle.

“Health care is transforming quickly, and with it the revenue cycle process is changing dramatically for providers,” said Russ Thomas, Availity CEO. “With patient financial responsibility on the rise, a wave of new payment models in the market, and increased pressure to reduce operating costs, providers must be able to accelerate their patient collections earlier to maintain a healthy cash flow. The tools developed by RevPoint make that possible by facilitating an integrated and automated workflow for up-front patient collections, enabling us to deliver an even more powerful solution to our customers.”

Availity’s deep expertise in provider workflows supporting the billing and reimbursement processes will be enhanced with RevPoint’s experience in early-cycle reimbursement, enabling Availity to offer customers enhanced patient access tools for improving business performance.

“We are very excited about joining Availity,” said Hal Andrews, Chief Executive Officer for RevPoint. “Their relentless focus on delivering high-value solutions that simplify the provider revenue cycle is a perfect complement to RevPoint’s capabilities. Coming together with them is a real win for both our companies and our customers.”

RevPoint will operate under the Availity brand as part of its revenue cycle management suite of solutions and will continue to be run out of Nashville. “We look forward to building a strong presence in the Nashville market, which has been a hub of innovation and leadership in health care,” said Thomas.

Brentwood Capital Advisors LLC served as the exclusive financial advisor to RevPoint in this transaction. Terms of the arrangement are not being disclosed.

June 2, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

ZirMed Acquires Intelligent Healthcare

Acquisition of Cloud-based Population Health Management Analytics Company Expands ZirMed’s Ability to Support Value-Based Reimbursement Models

Louisville, KY – May 21, 2014 – ZirMed®, a leading health information connectivity and management solutions company, today announced that it has acquired California-based Intelligent Healthcare, a data-driven clinical integration and population health management company. ZirMed will immediately begin integrating Intelligent Healthcare’s population health management analytics platform into its technology suite.

“We’ve always been focused on improving our clients’ bottom line by helping them improve operational efficiencies and get reimbursed more quickly for the services they provide,” said Tom Butts, CEO of ZirMed. “Today, provider organizations need tools to support traditional fee-for-service models and prepare for fee-for-value models of care as quality and reimbursement are increasingly linked. The ability to provide both financial and clinical integration in this environment is a natural extension of our core business. Our goal has always been to help providers operate as efficiently and profitably as possible so that they can focus on their primary job—treating patients and providing quality care. The acquisition of Intelligent Healthcare will further solidify our ability to provide end-to-end revenue cycle solutions for the entire healthcare marketplace.”

Intelligent Healthcare’s population health management solution aggregates clinical and financial data from a variety of disparate healthcare information systems to deliver real-time quality tracking, gaps in care and population health management solutions for value-based reimbursement programs.  Intelligent Healthcare’s highly scalable solution stratifies at-risk patients, provides deep cost and utilization analysis, and supports provider organizations as they work to meet and exceed goals for public and private P4P, Medicare Shared Savings Programs, Commercial Accountable Care Organizations (ACOs), PQRS/HEDIS scores, Patient Centered Medical Home (PCMH) models, and other value-based care programs.

“Intelligent Healthcare has built a reputation as a trusted partner for managing value-based programs. We’ve been dedicated to taking population health in a new direction by aggregating information from multiple data silos and focusing on the entire patient population,” said Paul Katz, CEO and Founder of Intelligent Healthcare. “ZirMed was a very natural fit for our organization—they have an extremely modern platform that excels at collecting and normalizing very high-quality data, which is essential for effective analytics and population health management. Together, we are well positioned to help providers succeed in this era of value-based care.”

With its national database of healthcare payment information, ZirMed gathers a massive amount of high quality, normalized data which is the foundation of population health management.  ZirMed’s suite of solutions for revenue cycle management, clinical communications, and financial analytics – combined with Intelligent Healthcare’s population health analytics solution – provides a comprehensive set of tools that will allow healthcare delivery organizations to thrive in the realm of value-based care. For example, tools like ZirMed’s new patient engagement platform and secure provider-to-provider messaging are essential to managing population health.

About Intelligent Healthcare
For more than 23 years, Intelligent Healthcare has been aggregating and analyzing actionable data from diverse sources and putting it into the hands of both physicians at point of care and health system/ACO administrators seeking to pinpoint the most significant opportunities for improving organization and physician performance. Intelligent Healthcare offers a growing portfolio of services that help our clients turn these insights into action such a physician scorecards on quality measures, patient engagement programs and identification of care coordination opportunities with high risk, chronically ill patients. Today, Intelligent Healthcare serves over 40 hospitals representing over 11,000 physicians with over five million patients including several of the leading clinical integrated health organizations. Apart from making ACO measures available, Intelligent Healthcare supports clients with management of other measure sets such as PQRS, HEDIS, Meaningful Use, Pay for Performance, HCCs, and STAR.

About ZirMed®
Founded in 1999, ZirMed is the nation’s premier health information connectivity and management solutions company, modernizing critical connections between providers, patients, and payers to improve the business and process of healthcare. ZirMed combines innovative software development with the industry’s most advanced transactional network and business analytics platform to give organizations a clearer view of their financial and operational performance. ZirMed’s industry-leading technology and client support have been recognized with awards from KLAS®, Healthcare Informatics, Best of SaaS Showplace (BoSS), and Black Book Rankings. Our nationwide network facilitates, manages, and analyzes billions of healthcare transactions, driving bottom-line performance with clinical communications, patient portal, analytics, eligibility, claims management, coding compliance, reimbursement management, and patient payment services—including credit card processing, online payments, statements, estimation, and payment plan management. For more information about
ZirMed, visit www.ZirMed.com.

May 21, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Kaufman Hall Announces Acquisition of Axiom EPM, Extending Industry Leading Consulting and Software Capabilities for Financial Performance Management

Transaction Combines Industry Expertise and Innovative Cloud Software Capabilities for Advanced Planning, Modeling, Analysis and Reporting in Healthcare, Banking and Higher Education

April 23, 2014 – Chicago, IL – Kaufman Hall, the leading provider of strategic financial consulting services and software tools to healthcare organizations, today announced that it has completed the acquisition of Axiom EPM, a Portland, OR-based private software company recognized for delivering sophisticated, flexible performance management solutions used by leading organizations in sectors including healthcare, higher education and banking.

Terri Wareham, Kaufman Hall CEO, said the combination of Kaufman Hall and Axiom “creates a single company with unmatched expertise and experience in data-driven analysis to transform financial, operational and strategic planning.”

“As companies today struggle with critical business decisions, it is particularly difficult for them to assess and quantify the strategic and financial impact of plans, scenarios and actions,” Wareham noted, “especially in sectors such as healthcare, higher education and banking, where regulatory challenges, revenue pressures and rapidly changing market conditions make strategic decisions and resource allocation so challenging.“

Peri Pierone, Axiom EPM CEO, noted that “Our combined strength is built on the unique synergy of industry-leading consulting expertise and innovative software.Kaufman Hall’s consulting expertise and established software install base, combined with Axiom’s advanced planning and decision-support capabilities, delivered via cloud or on premise, create an organization that meets clients’ needs today and into the future.”

Pierone added “We are also thrilled about the solid foundation for significant growth created by our two powerful blue chip portfolios. Kaufman Hall’s breadth in consulting in healthcare is complemented by Axiom’s significant experience in creating innovative planning and cost accounting software solutions used by major healthcare organizations. The synergies form a solid core that is further enhanced by Axiom’s expertise and proven software solutions for organizations in higher education, banking and other sectors.”

The combined company will be positioned to broaden its base of business via Axiom’s multi-sector portfolio and to extend, as appropriate, Kaufman Hall’s consulting expertise into new industry sectors. Similarly, Kaufman Hall’s industry-leading presence in healthcare will create significant opportunities for utilization of Axiom’s already in-market tools such as cost accounting and service line analytics that are absolutely critical for healthcare providers dealing with the challenges of health system reform.

Both companies have a proven track record of superlative client service and satisfaction. Pierone said “As a combined entity, we have achieved 100 percent implementation success and a client retention rate in excess of 97 percent over the past 10 years – numbers that speak for themselves and are unheard of in this industry.”

The Axiom EPM brand will continue and operate as a wholly owned subsidiary of Kaufman Hall. Current employees and offices will be retained and targeted hiring plans will be put in place to serve increased market demand for performance management software and services. There will be no changes to existing contracts for current Kaufman Hall or Axiom EPM customers and partners. There will also be no changes for current clients in terms of customer support for existing solutions and technology.

“Our top priority is, and has always been, client satisfaction,” commented Wareham. “This strategy is all about extending the value and capabilities that we can provide our clients to help them achieve outstanding financial performance.”

William Blair and Company of Chicago acted as the exclusive financial advisor to Kaufman Hall.  Vista Point Advisors, a San Francisco-based boutique investment bank, acted as the exclusive financial advisor to Axiom EPM.

About Kaufman Hall

Since 1985, Kaufman Hall has been a leading software provider and advisor to hospitals and health systems, helping them incorporate proven methods into their strategic and financial management processes and consistently achieve their goals. We contribute to our clients’ success by providing the industry’s most advanced offering of integrated management solutions, which includes consulting services and software tools designed to facilitate and sustain organizational improvement. More than 600 hospitals and health systems across the country use Kaufman Hall software to help plan and manage their operations. To learn more, please visit www.kaufmanhall.com.

About Axiom EPM

Founded by industry leaders with over two decades of experience in enterprise planning and reporting, Axiom EPM provides sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future and optimize organizational decision making. Solutions for budgeting and forecasting, reporting and analytics, strategy management, consolidations, capital planning, profitability and cost management are delivered on a single unified platform. Axiom EPM embraces and extends familiar Microsoft Excel® functionality, allowing finance professionals to manage data in a familiar environment – while providing unmatched modeling flexibility and enterprise performance.

April 23, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Anthelio Healthcare Solutions Has Acquired Industry Leading Application – ENGAGE– from The Garage

State of the art mobile patient engagement and education platform

DALLAS, TX – February 21, 2014 – Anthelio Healthcare Solutions, the largest independent provider of technology and services to hospitals, physicians practice groups and other healthcare providers announced it is launching ENGAGE, a next generation mobile application for patient engagement that they have acquired from The Garage, a leading health innovation start-up company. ENGAGE informs, educates, entertains and connects patients with their health care providers and enriches their experience.  ENGAGE also gives providers and payers flexibility to have dynamic content available for patients through easy to use web-based content management software. ENGAGE is currently published on the Apple App store as an iPad application.

ENGAGE has the most cutting edge information “hub” that centrally brings all stakeholders –patients, providers, and payers – on a mobile platform.  The global mobile health solution market will grow at a CAGR of 42.4% over the period of 2012-2016 due to increased adoption of tablets and smartphones.  ENGAGE allows healthcare providers and payers a new cost effective option to address these growing demands for health information access from consumers.

“We are excited about ENGAGE, which will provide a new mobile experience for patients across the country.  We believe in engaging patients on the go and ENGAGE is the perfect app for that.  With this customizable platform, organizations can deliver a variety of health information to the patient on their personal mobile device, whenever and wherever they want it,” said Asif Ahmad, CEO of Anthelio Healthcare.

ENGAGE is currently deployed at various healthcare facilities in the state of Florida and has received positive responses. “ENGAGE is a first of its kind. I can personalize content to my patients and I see them more satisfied with an ENGAGE unit in their hands” said Dr Rafael Pinero from Pinero Medical Group in Orlando, FL.

Anthelio Healthcare and The Garage will showcase ENGAGE in booths 975 and 4088 at the 2014 Annual HIMSS Conference & Exhibition, February 24-27, at the Orange County Convention Center, West Building in Orlando.  HIMSS brings together 37,000+ healthcare IT professionals, clinicians, executives and vendors from around the world.

“ENGAGE is a game-changer in the mobile patient engagement marketplace,” said The Garage Founder and CEO Pranam Ben. “We are excited about partnering with Anthelio who shares our vision and commitment to Innovation in healthcare, delivered through technology.”

About Anthelio Health

Anthelio is the largest independent provider of technology and services to hospitals, physician practice groups and other healthcare providers. Anthelio is the only healthcare services company that has “end-to-end” services expertise, including IT, service desk, patient portal, EMR implementations, data warehousing, clinical analytics, clinical transformation, coding, ICD-10, transcription and revenue cycle services. Enabled through a highly integrated technology platform powered by skillful people, Anthelio drives high value for healthcare organizations by solving complex clinical and business problems while enabling delivery of high quality patient care. Anthelio is an icon of innovation, operational prowess and service excellence in healthcare, serving hundreds of health organizations and touching millions of patients across the U.S.  Anthelio is headquartered in Dallas, Texas and has thousands of technology and clinical professionals. www.antheliohealth.com

About The Garage

The Garage is an innovative health information technology (IT) company re-imagining and building breakthrough products to help hospitals and health systems enhance patient safety, increase patient engagement and improve care coordination.  Headquartered in Orlando, The Garage is becoming a leading industry champion in the quest to enhance and protect the healthcare experience for patients and providers through IT innovations.  For more information, visit The Garage’s website (www.thegaragein.com), FacebookTwitter (@TheGaragein) and LinkedIn pages.

February 21, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

GE to Acquire API Healthcare

WAUKESHA, Wis. & HARTFORD, Wis.–GE (NYSE: GE) announced today it has agreed to acquire API Healthcare, a healthcare workforce management software and analytics solutions provider, headquartered in Hartford, WI. The acquisition aligns with GE’s Industrial Internet strategy to invest in strong, innovative businesses that enhance GE’s portfolio in software, data and analytics. The acquisition, subject to regulatory approval, is anticipated to close in the first quarter of 2014. Financial terms were not disclosed.

“Health care productivity is more important than ever for hospitals as more patients enter the system and operational costs continue to climb”

Improving operational efficiencies is critical for healthcare administrators today. Patients wait to be admitted and discharged. Doctors wait for test results. Staff wait for assignments. Rooms wait to be cleaned. Every hour spent waiting represents billions of dollars in costs to hospitals in aggregate each year. API Healthcare’s complementary offerings will expand GE Healthcare’s current Hospital Operations Management (HOM) portfolio, which gives hospitals real-time access to operational data.

“Labor costs represent over 50 percent of hospital operating budgets,” said Michael Swinford, President & CEO, GE Healthcare Services. “With this acquisition, GE Healthcare will be able to address a significant portion of hospital operations costs – assets, patients and labor – with a mix of software, real-time data, powerful analytics and professional services.”

API Healthcare’s solutions – staffing and scheduling, patient classification, human resources, talent management, payroll, time and attendance, business analytics, and staffing agency offerings – are used by more than 1,600 hospitals and staffing agencies in the U.S. API Healthcare has been rated by KLAS as having the top time and attendance solution for the last 10 years (2002-2012) and the top staffing and scheduling solution provider in 2012.

“Health care productivity is more important than ever for hospitals as more patients enter the system and operational costs continue to climb,” said John Dineen, President & CEO, GE Healthcare. “In addition to clinical systems, hospitals need operational management systems to drive enterprise-wide efficiencies, reduce unnecessary costs and enable improved patient care. Over the next 5-7 years, we believe sales of these systems will accelerate towards double-digit growth and GE Healthcare will lead the way.”

GE Healthcare will work with hospitals and health systems in three key areas:

  • Asset Optimization: Manage and track the utilization of assets throughout their lifecycle, helping to lower costs and improve efficiency.
  • Patient Flow Optimization: Manage and track patients and workflow from admission to discharge in real-time, lowering costs and increasing transparency.
  • Workforce Optimization: With the addition of API, enable better insight into staffing and scheduling to help ensure the right staff member is assigned the right patient at the right time.

Comprehensively managing the scheduling, flow and availability of staff, patients and assets will help hospitals realize significant productivity gains.

“This acquisition will bring API Healthcare’s complementary offerings together with one of the world’s leading healthcare companies to help customers make data-driven decisions on staffing and operations,” said J.P. Fingado, President & Chief Executive Officer, API Healthcare. “As the demands of an aging population increase and the greater challenges associated with a changing workforce take hold, operational efficiency has never been more important. We are excited to expand our capabilities and address customers’ toughest challenges together with GE.”

Once the transaction closes, the API Healthcare solutions will be part of the Predicitivity™ Industrial Internet portfolio alongside GE Healthcare’s existing HOM offerings.

About GE Healthcare

GE Healthcare provides transformational medical technologies and services to meet the demand for increased access, enhanced quality and more affordable healthcare around the world. GE (NYSE: GE) works on things that matter – great people and technologies taking on tough challenges. From medical imaging, software & IT, patient monitoring and diagnostics to drug discovery, biopharmaceutical manufacturing technologies and performance improvement solutions, GE Healthcare helps medical professionals deliver great healthcare to their patients.

For our latest news, please visit http://newsroom.gehealthcare.com.

About API Healthcare

API Healthcare (www.apihealthcare.com) is a healthcare-specific vendor focused on workforce management solutions, and also the architect of the Healthcare Workforce Information Exchange (HwIE) — a revolutionary solution that facilitates the sharing of workforce data across the entire continuum of care. Founded in 1982, API Healthcare has been rated in the Top 20 Best in KLAS Awards Report (www.KLASresearch.com) as the top time and attendance provider system for the last 10 years (2003-2012) and the top staffing and scheduling solution in 2012. API Healthcare was acquired by private equity firm, Francisco Partners, in 2008. The Company was advised by Spurrier Capital Partners, a technology-focused M&A advisory firm in New York.

January 21, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.