Novation, a healthcare supply contracting company, has announced that its Failure-To-Supply Recovery Service saved the members it serves more than $6.5 million in 2010. Since its launch in December 2007, more than 2500 members of VHA Inc., the University HealthSystem Consortium (UHC) and Provista, LLC nationwide have taken advantage of this program and saved nearly $12.5 million.
Over the past year, 1,220 hospitals participating in the Premier healthcare alliance's group buy program have identified $81 million in savings through access to high-quality products at low costs. The group buy program delivers hospitals value through coordinated, volume driven purchasing opportunities. Savings vary between 5-15 percent and the program offers value-adds such as special financing rates, trade-in programs, preventative maintenance, training, service programs and extended warranties.
Market Center Management Company has announced the creation of a Global Business Development Center within the Nashville Medical Trade Center, opening in 2013. The 5,000 square foot space will be the first permanent service center in the U.S. for companies seeking a turnkey solution for entry into the U.S. healthcare marketplace. Its service offerings will include showroom and display space planning, regulation and compliance consulting and marketing support. McKesson has announced that its Practice Partner 9.5 is now 2011/2012 compliant and is certified as a complete electronic health record (EHR) by the Certification Commission for Health Information Technology (CCHIT), an ONC-ATCB, in accordance with the applicable certification criteria for eligible providers adopted by the Secretary of Health and Human Services.
Zweena has launched its new personal health record (PHR) Web service, featuring a proprietary platform that eliminates the complexity of creating and managing an online health record. Partnered with Microsoft HealthVault, Zweena enables consumers to create and maintain a personally controlled patient health record for meaningful use in self-care, care of family members, and to share medical records directly with healthcare providers, via the Internet.
Connance has announced that Geisinger Health System, a physician-led health care system in Pennsylvania, has selected its Agency Manager to streamline the handoffs and coordination of internal and external business office transactions and ensure consistent and timely follow up with patients. Geisinger’s adoption of Connance vendor management technology will make the financial aspect of healthcare more patient-friendly.
Wellsoft Corporation has announced that Lower Bucks Hospital (LBH) in Bristol, Penn. has selected Wellsoft EDIS to support its goals of providing safe and high quality care to its emergency department patients. LBH is a 126 bed short-term, acute care hospital which provides emergency services for over 30,000 patients every year.
Proficient Health, a provider of access management solutions, has announced that Moses Cone Health System, a N.C.-based integrated delivery network including six hospitals, went live on its Proficient Orders cloud computing solution to streamline communication with local physicians and lay the groundwork to support health information exchange (HIE). Proficient Orders automates orders and referrals, enabling hospitals and health systems to securely share patient data with ambulatory physician practices over the Internet.
Large Software, a provider of easy-to-use consumer software including PC Tune-Up, has announced the launch of docLock, a software tool that allows users to protect and secure files and folders on their PC with military-grade password protection – all with just a click. In addition to protecting sensitive data, the software also makes managing this protection easy – with advanced features such as a password generator and a “visual password” function that allows users to conceal their hard-to-remember password in a photo.
WebPT, a Web-based electronic medical records system (EMR) for physical therapists, announced it has closed a Series A funding round totaling $1 million in private equity funding. The Web-based documentation company's software has been adopted by more than 5,000 physical therapists in the past three years. This infusion of capital was raised to help the company expand its team in the areas of product development, sales and marketing, and to build out infrastructure to support its growth.
Torque Medical Holdings, a company founded by Torque Capital Group, a New York-based private equity firm, announced that it has acquired J-Pac/Doyen Medipharm, a maker in contract manufacturing and high volume precision machinery for the medical device and pharmaceutical industries.
Carestream Health has announced immediate worldwide price increases of up to 25 percent on all its medical imaging, dental and non-destructive testing films, and related supplies. The price increases are necessary due to continuing significant increases in the cost of raw materials used in film manufacturing – particularly silver. Specific details surrounding price increases will be communicated locally in each country. In the interim, customers that have questions are asked to contact their local sales representative.
Iatric Systems has announced that its PtAccess, version 1.0.11, is 2011/2012 compliant and was certified as an EHR Module by the Certification Commission for Health Information Technology (CCHIT), an ONC-ATCB, in accordance with the applicable hospital certification criteria adopted by the Secretary of Health and Human Services. The 2011/2012 criteria support the Stage 1 meaningful use measures required to qualify eligible providers and hospitals for funding under the American Recovery and Reinvestment Act (ARRA).
MediClick, a provider of software-as-a-service (SaaS) supply chain solutions, has introduced an All-Spend function into the Analysis Workbench of its MediClick for Contracts & Analysis (C&A) software. The new classification enables users to see a complete picture of both their catalog and non-catalog spends together in one place.
ClaimTrust, a provider of revenue cycle tools and services for hospitals, has announced the availability of its newest product, InSight Eligibility, a Web-based eligibility and benefit (E&B) verification solution that determines the status of a patient’s insurance eligibility within seconds. The simple, nearly instantaneous process provides a detailed account of a patient’s health coverage, allowing hospital staff to easily verify demographic information and understand patient responsibility for co-pays, co-insurance and deductibles.
Option Wireless has introduced its LGA module, which provides the inner workings for devices that need to offer the flexibility and mobility that comes with being wireless. This new and industry-first 2nd generation LGA module is about the size of a postage stamp and puts the functionality of a mobile phone into a host of consumer and business devices. Companies interested in “mobilizing” their devices can immediately use the module to significantly reduce a product’s time-to-market. The LGA module will work on any wireless carriers’ 2G or 3G network – voice, data and GPS – ensuring fast and consistent connections for their customers.
Zix Corporation, a maker of email encryption services, announces that AtlantiCare has renewed its contract for ZixCorp e-mail Encryption Services. The three-year agreement provides 3,500 AtlantiCare employees access to ZixGateway, a policy-based email encryption solution.
RelayHealth has announced that St. Tammany Parish Hospital (STPH) in Covington, La., has selected the firm as its partner to build a community-wide health information exchange (HIE) connecting its physicians for the benefit of its patients in western St. Tammany, eastern Tangipahoa and Washington parishes. STPH leads its region in quality and safety. It selected RelayHealth –ƒ which provides a variety of clinical, financial, and pharmacy focused connectivity solutions to other health systems - to provide connectivity and clinical applications for its HIE.
Physio‐Control, a wholly‐owned subsidiary of Medtronic, announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market LIFENET System 5.0 within the United States. LIFENET 5.0 is the latest version of Physio‐Control’s web‐based data network, providing emergency medical services (EMS) and hospital care teams with a suite of innovative new tools and capabilities to help improve patient outcomes, trim operational costs and streamline equipment management.