Health IT Business News – Wednesday, January 22, 2014

Health IT Business NewsToday’s Business News

GE announced 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 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.

CareCloud, provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, announced that the company sold a record number of medical groups in the fourth quarter of 2013, closing out the year with more than 520 new clients. The company also reported its 16th quarter of consecutive triple-digit revenue growth. The press release issued states market momentum accelerated in the wake of increasing investment in CareCloud’s core business.

iPatientCare has announced it will demonstrate its Meaningful Use stage 2 Certified and ICD-10 Ready EHR and integrated PMS, Patient Portal and HISP at HIMSS 14 Annual Conference at the Orlando, Florida, February 23-27, 2014. At the conference, iPatientCare will demonstrate Meaningful Use Stage 2 certified and ICD-10 ready EHR and integrated practice management system, Patient Portal and iPatientCare HISP that will provide integrated Direct mail capabilities to all iPatientCare EHR users. iPatientCare also will exhibit miPatientCare, a native iPad based full-featured EHR and unveil Revenue Cycle Management and other value-added services.

New product development and increased industry recognition for its electronic health records (EHR) and clearinghouse services also led to a record-setting year in 2013 for Office Ally, company President and CEO Brian O’Neill announced today. The company cites its suite of revenue-cycle management services and track record of service and customer support as contributing factors to the company adding 40,000 provider clients in 2013.

Survey results for healthcare research company KLAS indicate that Allscripts has made initial progress in the company’s stated goal to achieve “Best in KLAS” designation for its electronic health records and population health management solutions for physician groups, hospitals and health systems. Allscripts TouchWorks, also known as Allscripts Enterprise EHR™, and Allscripts Sunrise Clinical Manager scores rose in the Ambulatory EMR and Acute Care EMR categories in all of the survey areas utilized by KLAS.

Practice Fusion has announced an agreement with Practice iQ to help independent primary care doctors adopt electronic health record (EHR) technology, deploy effective care management programs, and improve their population health capabilities by integrating sophisticated data analytics within the EHR workflow. As medical organizations throughout the country prepare for new models of care, like Accountable Care Organizations (ACOs) and Patient-Centered Medical Homes (PCMHs), this agreement will create an advanced technology solution that can help doctors in managing both the cost and quality of patient care.