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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 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.

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 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.

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 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.

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 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.

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 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.

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 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.

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 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.

HealthcareScene.com Announces Acquisition of Leading Healthcare IT Job Board and Blog

LAS VEGAS, November 13, 2013 – HealthcareScene.com announced today that it has acquired HealthcareITCentral.com, a well-known and respected healthcare IT industry job board, and HealthcareITToday.com, an established blog focused on healthcare IT workforce and career development. The two websites will join the HealthcareScene.com network of 15 blogs, adding significant career-focused tools and resources for HealthcareScene.com’s sizable and rapidly growing audience of healthcare IT professionals.

John Lynn, founder of HealthcareScene.com, explains the factors that led to his acquisition decision:  “Workforce development is such a key part of the success of any EHR project.  When we saw what had been created by HealthcareITCentral.com, we knew we had to find a way to bring the two companies together.  Plus, we were happy to find in HealthcareITCentral.com and HealthcareITToday.com an industry leader with an impeccable reputation who approached business with the same ethics and vision that we do.

HealthcareITCentral.com has long been the preferred job board for top companies such as Beacon Partners, First Choice Professionals, Cipe Consulting Group, CTG Healthcare, Holland Square Group, Healthcare IS, and many others.  Additionally, top universities such as the University of Illinois at Chicago and Duke University have relied on its reach and reputation to help spread the word about their Informatics programs.  With this solid foundation, it’s a great platform, with limitless potential for future expansion.  In fact, since the acquisition closed, top Health IT consulting companies ESD, Encore Health Resources, and Cordea Consulting have started working with HealthcareITCentral.com as well.  I’m excited about providing our readership with the considerable tools offered by this acquisition.”

The goal of HealthcareITCentral.com founder Gwen Darling was to build a career portal that provided an unparalleled user experience for both healthcare IT candidates and employers.  “For the last 4 1/2 years, we’ve worked to build resources that made it easy for candidates and employers to connect, keeping in mind all along that the most important component of workforce development is the ability to make quality, relevant relationships on both sides of the hiring equation.

I always knew that the next step would be to find a larger healthcare IT network that had the ability to cast a much wider but still highly targeted net.  However, I’m protective of our excellent reputation and user experience, and so I waited to find an organization with a similar vision and focus before considering an acquisition.   HealthcareScene.com more than delivers on all counts, as both John Lynn and his network come with the highest recommendation.  I’m confident that our clients and candidates will be very happy with what comes next.”

ABOUT HEALTHCARESCENE.COM
The HealthcareScene.com blog network was launched in 2005 and currently consists of 15 blogs containing over 6,500 articles These EMR, EHR, and Healthcare IT related articles have been viewed over 12.5 million times.  You can find HealthcareScene.com on Twitter, Facebook, and LinkedIn.

ABOUT HEALTHCAREITCENTRAL.COM AND HEALTHCAREITTODAY.COM
Launched in 2009, HealthcareITCentral.com is a career portal featuring a job board, resume database, certification resources, employer directory, educational directory, and weekly job alert eNewsletter.  Since 2010, HealthcareITToday.com has focused on healthcare IT workforce and career development topics. You can find both sites on Twitter, Facebook, and LinkedIn.

Contact:
John Lynn
john@emrandhipaa.com
http://www.HealthcareScene.com

November 13, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.

Vitera Healthcare Solutions and Greenway Medical Technologies Combine

Establishes an Innovative, Trusted Technology Partner Offering Providers Highly Interoperable Solutions to Improve Clinical and Financial Outcomes

Carrollton, GA and Tampa, FL — Nov. 4, 2013 — Vitera Healthcare Solutions, LLC and Greenway Medical Technologies, Inc., leading providers of clinical, financial and administrative solutions to healthcare providers, today announced the completion of a previously announced merger resulting in the combination of the two companies into an innovative leader in health information technology.

Vista Equity Partners, owner of Vitera, has acquired all outstanding Greenway common stock for $20.35 per share in a transaction valued at approximately $644 million.

The combined company will be privately held and operate under the Greenway brand. Tee Green, Greenway’s CEO, will maintain that position. Vitera’s CEO, Matthew J. Hawkins, will serve as President. Both will serve on Greenway’s board of directors.

The combined company will maintain headquarters and principal operations in Carrollton, GA, Tampa, FL, and Birmingham, AL, serving 100,000 providers across nearly 13,000 medical organizations nationwide — including healthcare enterprises, ambulatory practices, public health, retail and other clinics.

“Today, we begin the process of integrating our two organizations and operating them as a single entity that will have a laser-like focus on advancing the electronification of our nation’s healthcare system, allowing our customers to more effectively engage with increasingly active healthcare consumers,” said Tee Green, CEO of Greenway Medical Technologies. “With our large and diverse provider base, we are well positioned to have a marked impact on improving both clinical and financial outcomes for patients, payers and providers.”

“The closing of this transaction marks an exciting new beginning,” said Matthew J. Hawkins, President of Greenway Medical Technologies. “The combination of Greenway and Vitera creates one of the largest and most innovative companies in the healthcare information technology industry today. We look forward to combining our experience, talents and technologies in a way the industry has never seen before.”

The two companies possess a combined history of more than 60 years of experience serving healthcare providers with innovative clinical, financial and administrative solutions and customer-focused services. Both companies offer award-winning products that help improve revenue, streamline operations, and assist providers in getting the best patient outcomes. Greenway’s platforms are consistently recognized for their interoperability and ease of use at the point of care. Vitera recently has earned a first-place EHR ranking and a Customer Value Enhancement Award from researchers Black Book Market Research, LLC and Frost & Sullivan.

Current and future customers will benefit from industry-recognized EHR, clinically driven revenue cycle management™, public health and interoperability solutions that help providers meet regulatory requirements, such as meaningful use and the transition to ICD-10, as well as address risk-sharing payment reform models such as accountable care organizations.

The combined entity will continue to offer, enhance and support the portfolio of products currently available under both companies and bring together the strengths of Greenway and Vitera, offering healthcare providers unparalleled industry expertise and an unrivaled depth of resources and capabilities.

About Greenway
Greenway Medical Technologies, Inc., provides the clinical, financial and administrative solutions today’s healthcare providers need to proactively manage the delivery of quality care and achieve better health outcomes for patient populations. With an established marketplace presence dating back more than 30 years, Greenway continues to lead the way in health information technology by offering smarter solutions and services that help businesses compete in an evolving value-based healthcare system. Greenway’s clinically driven revenue cycle management™ services and comprehensive suite of interoperable solutions improve financial performance and automate clinical and administrative workflows, so medical providers can spend time on patients instead of paperwork. More than 100,000 providers in over 30 specialties and sub-specialties partner with Greenway to improve outcomes across more than 13,000 medical organizations nationwide. For more information, visit www.greenwaymedical.com or call (866) 242-3805.

About Vista Equity Partners
Vista Equity Partners, a U.S.-based private equity firm with offices in San Francisco, Chicago and Austin, currently invests over $7.1 billion in capital committed to dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For further information please visit www.vistaequitypartners.com.

Forward-Looking Statements
Statements in this press release that relate to future results and events are forward-looking statements made within the meaning of Section 21E of the Securities Exchange Act of 1934 based on Greenway’s current expectations regarding the transaction. Actual results and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected; the possibility that the parties will be unable to successfully implement integration strategies; and other risks that are described in Greenway’s Annual Report on Form 10-K for the fiscal year ended June 30, 2013 and in its subsequently filed SEC reports. Greenway does not undertake any obligation to update these forward-looking statements except to the extent otherwise required by law.

Greenway and the Greenway logo are registered trademarks and Vitera and the phrase “clinically driven revenue cycle management” are trademarks of Greenway Medical Technologies, Inc. Other marks are the property of their respective owners.
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November 5, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.

WebMD Acquires Avado, Inc.

NEW YORK, Oct. 29, 2013 /PRNewswire/ — WebMD Health Corp. (NASDAQ: WBMD), the leading source of health information, today announced that it has acquired Avado, Inc., a developer of cloud-based patient relationship management (PRM) tools and technologies that enable better communication between consumers and health care professionals.

“Our acquisition of Avado demonstrates WebMD’s commitment to playing a leading role in the emerging patient relationship management space because we believe that connectivity has the potential to make the delivery of care more efficient and improve patient outcomes,” said David Schlanger, WebMD’s Chief Executive Officer.

Today, WebMD’s connectivity platform is enabling physicians that use its Medscape mobile app to securely send health education and instructions on thousands of conditions, procedures and drugs to their patients who use WebMD’s mobile app.

“Avado’s innovative technology and tools will complement, and further accelerate WebMD’s efforts to connect patients with their healthcare providers, which is an important first step toward making connected care a reality,” said Bill Pence, WebMD’s Chief Operating Officer and Chief Technology Officer.

Avado is a StartUp Health Company founded in 2010 by serial entrepreneurs Dave Chase, Bassam Saliba and John Yii. Avado’s investors include The Partnership Fund for New York City and several health tech entrepreneurs and investors. The Avado technology has been tested in physician offices and medical centers and this technology will become an important building block of WebMD’s patient-provider connectivity offering.

Avado’s founders Dave Chase and Bassam Saliba will continue with the company and report to Pence.  Chase, Saliba and Avado’s engineering talent will remain based in Seattle, WA, and work closely with WebMD’s New York-based connectivity product team.

“WebMD reaches the largest audience of health-focused consumers and healthcare providers in the U.S. and it’s exciting to think that Avado’s technology will be built-out and scaled for the benefit of such a significant audience,” said Chase.  “What’s more, since trust is paramount when it comes to the sharing of health information, it made logical sense for us to be joining the company with the most trusted brand in the U.S.”

About WebMD

WebMD Health Corp. (NASDAQ: WBMD) is the leading provider of health information services, serving consumers, physicians, healthcare professionals, employers, and health plans through our public and private online portals, mobile platforms and health-focused publications.

The WebMD Health Network includes WebMD Health, Medscape, MedicineNet, eMedicineHealth, RxList, theheart.org, Medscape Education and other owned WebMD sites.

October 29, 2013 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 15 blogs containing almost 6000 articles with John having written over 3000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 13 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.