Health IT Business News – December 27, 2016

Vaco Expands Healthcare Business With Key Acquisitions
National consulting and talent solutions firm, Vaco (@vaconashville), recently announced the formation of Pivot Point Consulting, a Vaco Company. Vaco’s healthcare IT division, Vaco Healthcare, acquired Pivot Point Consulting (@pivotpc) based in Seattle and Greythorn (@GreythornNA) based in Bellevue, WA to offer expertise in EHR implementation, training, optimization, legacy and go-live support, project management and strategic advisory services. The new HIT services firm brings together more than 50 employees and 250 consultants across the nation.

Health Media Network (HMN) Acquires Waiting Room Digital Screens from Elite Sampling & Media Group – Leading Point of Care Company Continues to Drive Steady, Strategic Growth
Health Media Network (@hmn_ads), a Point of Care media company, announced that it has acquired the waiting room digital screens previously operated by the Elite Sampling & Media Group.

Access Healthcare Announces Company Growth Milestone; Reaches 6,000+ Employees; Plans to Add 4,000 People by End of 2017
Access Healthcare (@getahsolutions), a provider of end-to-end healthcare revenue cycle services, announced the achievement of a major company milestone, employing more than 6,000 people. This growth reflects the company’s responsiveness to increased demand in the market for its solutions and services. Access Healthcare developed a unique recruitment and training process that serves as an investment in both the development of the people and the long-term culture of the organization. Employees experience a path of opportunity to stay and grow within the organization.

HITbizNews-200Koch Industries Pours $2.5 Billion into Business Software Maker Infor
Koch Equity Development (@Koch_Industries), the investment arm of Koch Industries, is paying $2.5 billion for a big stake in Infor (@infor), which sells financial and manufacturing software to businesses. With this investment, Koch will get four seats on the Infor board; four others will be controlled by current investors Golden Gate Capital, Summit Partners; and one will be held by Infor chief executive Charles Phillips.

ORIX Completes Growth Capital Investment in Practice Fusion
ORIX Growth Capital announced that it has completed an investment in Practice Fusion, a cloud-based electronic health record platform for doctors and patients in the U.S. The capital will be used in part to support the continued expansion of Practice Fusion’s industry leading product suite and data solutions business.

Wellness Corporate Solutions Partners with Zillion to Expand Digital Health Coaching and Patient Engagement
Wellness Corporate Solutions (@CorpWellness), a provider of coaching, biometric screening and customized wellness solutions for private and public-sector organizations, and Zillion Group, Inc. (@Zillion), a technology solution for digital engagement, announced a new strategic partnership to enhance cost-effective, scalable digital health coaching solutions. This partnership combines WCS’ premier health coaches with Zillion’s best-in-class technology platform to ensure sustained patient engagement. Zillion’s customers will now have access to WCS’ coaching team, which provides users with the tailored areas of support they need, with counseling through mentoring, motivating and cultivating positive choices to help support sustainable engagement. The coaches are also trained to integrate with multiple platforms.

Latest Acquisition Deepens the PatientPoint Hospital Footprint
PatientPoint (@patientpoint) has announced the purchase of MedCenterDisplay, a Nashville-based provider of digital signage, mobile apps and digital marketing solutions for hospitals. This latest acquisition solidifies the leadership position PatientPoint holds within the hospital sector and expands its suite of solutions to help hospitals communicate with and educate patients and, ultimately, enhance the patient experience.

DSS, Inc. Announces Purchase of Patient Engagement and Scheduling Solutions to Improve Care Delivery for Hospitals and Health Systems
Document Storage Systems, Inc. (@dsshealthit), a provider of software development and support for VistA and vxVistA, announced a strategic agreement to acquire Streamline Health’s (@STRM_Health) Best in KLAS Looking Glass Patient Engagement suite. The $2 million acquisition includes the Looking Glass product suite, current customer base and personnel. The Looking Glass suite consists primarily of Patient Scheduling and Surgery Management software.

ARDX Awarded 16th Consecutive CMS Project, with MA RADV Contract
ARDX (@ARDXConsulting), a health management and IT consulting firm, has been awarded the Consolidated Support Services contract with the Centers for Medicare & Medicaid Services, assisting the agency’s effort to achieve accurate and timely processing of Medicare data. This contract marks the 16th project ARDX procured with CMS, a result of continued innovative solution offerings and the commitment and hard work of ARDX team members to provide quality care outcomes.

Our Children Our Future Selects TenEleven Group for EHR Software
Our Children Our Future is a behavioral health agency in South Florida that provides services for children and families, with a focus on those who have been affected by parental substance abuse and mental illness. In order to serve more families more effectively, OCOF recently chose the TenEleven Group (@TenElevenGroup) to implement electronic Clinical Record for the agency’s electronic health record software aimed at improving all aspects of their business process.