Private equity firm Pamplona Capital Management announced that they have entered an agreement to acquire Alpharetta, GA-based MedAssets for $2.7 billion in cash. The MedAssets-Pamplona transaction is expected to close in the first quarter of 2016, pending receipt of customary approvals, including certain regulatory approvals and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. The transaction also is subject to customary closing conditions, including the
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Health IT | News, Analysis, Insights - HIT Consultant
Report: Population Health Management Has Yet to Reach Critical Mass
69% of healthcare leaders say that they are either fully committed to or have a pilot program underway for population health management, according to new HealthLeaders Media report. The report, Population Health: Investing in a Risk-Based Future, sponsored by McKesson includes data from a survey of HealthLeaders Media’s 8,000-plus member executive research panel.
While on the surface it appears that providers are fully engaged in population health initiatives, one of the key indicators is the
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Quality Systems, Inc. Acquires HealthFusion for $165M
Quality Systems, Inc. has announced it will acquire San Diego-based HealthFusion, a cloud-based software for physicians, hospitals and medical billing services for $165 million plus potential additional contingent consideration of up to $25 million. The contingency for full payment of the earn-out is based on the revenue target of $43 million of HealthFusion product revenues during calendar 2016. The transaction is subject to customary closing conditions and is expected to be completed during
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Cleveland Clinic, Candescent Health Partner to Transform Radiology Care
Cleveland Clinic and Candescent Health have formed a multi-year partnership aimed at transforming radiology care, with a goal to improve healthcare value through defined quality standards, enhanced workflow processes and the creation of an efficient, nationwide cloud-based radiology network.
As part of this new collaboration, Cleveland Clinic will assist Candescent Health in developing new, clinically focused products that will improve the productivity, efficiency and diagnostic performance
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Health IT Interoperability: The Battle with Frankenstein Continues…
Victor Frankenstein created his monster with a mix of parts, some chemistry and a touch of alchemy. Depending on how one looks at the fictional creation, although hideous, it was a successful experiment to create an emotional and sensitive creature. As we approach another Halloween night, health IT has its share of cobbled together solutions that for the most part are working, albeit with a great deal of frustration from both patients and physicians and for the most part on a local level. We
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AdvantageCare Physicians Earns HIMSS Analytics EMRAM Stage 6 Award
AdvantageCare Physicians (ACP), the multispecialty physician practice group and partner of EmblemHealth, has been recognized by HIMSS Analytics for reaching Stage 6 on the HIMSS Electronic Medical Record Adoption ModelSM (EMRAM). EMRAM is a methodology for evaluating the progress and impact of electronic medical record systems for ambulatory facilities in the HIMSS AnalyticsTM database.
Ambulatory sites track their progress in completing eight stages (0-7), with Stage 7 — an advanced
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5 Benefits of Geographic Information Systems in Healthcare
Editor's Note: Brittni Brown is a current Masters candidate at the University of Idaho.
There is no doubt that technology has made a significant impact in the medical world. Advancements range from those that improve the comfort of many patients to those that extend their lives. Perhaps one of the most interesting technologies that has emerged onto the scene is one meant to more efficiently address geographical links to illnesses: geographic information systems, or
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Senate Cybersecurity Bill: 5 Key Facts for Healthcare Organizations
On Tuesday, the Senate passed the Cybersecurity Information Sharing Act, a bill that intends to improve cybersecurity by getting companies to share information about their hacking threats with the federal government. Passed by a 74-21 vote, the bill includes a provision co-authored by Alexander and Senate health committee Ranking Member Patty Murray (D-Wash.) that would help protect against health care industry data breaches. A recent Accenture report predicts that healthcare data breaches will
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Sunquest Parent Company Acquires CliniSys and Atlas Medical
On Monday, Sunquest Information Systems Inc. announced that its parent company, Roper Technologies Inc., has acquired both CliniSys Group Ltd., one of the largest European suppliers of laboratory information management systems (LIMS) and Atlas Medical, a leading provider of clinical process and connectivity solutions in the U.S. Both acquisitions will expand Roper's healthcare IT capabilities to connect laboratories to the community on a global basis
"Our mission is to make healthcare smarter
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25 HIM Benchmarking Trends and Insights to Know
As the healthcare industry embarks upon a post ICD-10 world, the landscape of health information management (HIM) is evolving. So how are HIM professionals responding to today’s current challenges such as ICD-10, coder productivity, Clinical Documentation Improvement (CDI), Computer Assisted Coding (CAC) and outsourcing? To gather these insights, ADVANCE for Health Information Professionals and himagine solutions, Inc. recently published their inaugural 2015 Benchmark Report: The Landscape of
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