ACS, a Xerox company has announced that it has acquired the software training company The Breakaway Group, adding a new cloud based service that will accelerate their adoption of Electronic Medical Records to help healthcare providers prepare for ICD-10 compliance and maximize their meaningful use funding. Denver-based firm's technology, PromisePoint, allows caregivers to practice using an EMR just as they would in the hospital or doctor's office. By simulating their environment, they get
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Acquisitions Funding, Stock
Siemens to Buy MobileMD Inc.
Siemens Healthcare is buying US based Mobile MD Inc, a healthcare technology company that helps connect healthcare providers and physicians through cloud computing. Siemens Healthcare did not disclose the terms of the transaction. The Yardley, PA based tech company utilized a "cloud" based health information exchange software allowing physicians to share patient data in real time regardless of their location or hospital affiliation. Mobile MD currently has about 110 hospitals and more than
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Breaking News: Founders Fund Leads $23 Million Practice Fusion Financing Round
Practice Fusion, the fastest growing EMR and healthcare community, today announced closing a $23 million Series B round of financing led by Founders Fund, with participation from Artis Capital Management and Glynn Capital Management, as well as returning investors Morgenthaler Ventures and Felicis Ventures. The round brings the company’s total funding to $30 million.“Practice Fusion revolutionizes our interactions with the medical community, just as Facebook did for social networking,” said
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Breaking News: CSC to acquire iSOFT Group for $188 million
U.S. technology services provider Computer Sciences Corp (CSC) said it would acquire healthcare software provider iSOFT Group Ltd for about $188 million.Computer Sciences will offer iSOFT shareholders A$0.17 a share, 224 percent more than iSOFT's March 24 close on the Australian Stock Exchange."When completed, this acquisition will be a critical step in the expansion of our global healthcare business," CSC Chief Executive Michael Laphen said in a statement.Australia-based iSOFT Group,
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Breaking News: Norwest Equity Partners Acquires Surgical Information Systems
Surgical Information Systems ("SIS" or the "Company"),a leader in perioperative information systems, announced today that Norwest Equity Partners ("NEP"), a leading middle-market equity investment firm, has acquired the Company from Vista Equity Partners ("Vista"). The current SIS executive team, led by Ed Daihl, Chief Executive Officer,will remain in place following this investment. Clients and associates will benefit from the resulting accelerated delivery of new, innovative software
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