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Vendor Notebook - Jan. 16, 2007

By Healthcare Finance Staff

eClinicalWorks, a Westborough, Mass.-based provider of unified EMR/PM systems, has announced that St. Luke’s Health System, which serves Idaho, Oregon and Nevada, has chosen the company’s unified electronic medical records and practice management solution to streamline practice operations between locations and from patient check-in to check-out.

MedeFinance, an Emeryville, Calif.-based provider of on-demand analytics and client services for healthcare financial managers and executives, has contracted to implement Self-Pay Analytics at Touro Infirmary, a community-based non-profit hospital in New Orleans. The product is designed to maximize collections and reduce bad debt for uninsured, under-insured, co-payment and deductible patient accounts.

Resiant Networks of Minneapolis, which provides online HIPAA compliance management solutions, has entered into an agreement with Simplified Software Development, LLC of Florida for the distribution of its CMoffice online HIPAA compliance management solution to SSD’s network of more than 700 nursing homes across the country.

The TriZetto Group of Newport Beach, Calif. has completed the acquisition of Quality Care Solutions, Inc. The transaction, first announced in September and given regulatory clearance on Dec. 13, involves a payment of about $130 million to QCSI equity holders, as well as the assumption by TriZetto of about $1 million in debt. In January 2008, contingent on certain factors, TriZetto may pay an additional $12 million, including a $7 million earn-out and $5 million hold back.

Sentillion of Andover, Mass. has announced that it has been awarded a contract with the Asante Health System of southern Oregon to implement an SSO solution that integrates with the health system’s Siemens Soarian solution and other clinical applications.

The Farmington Hills, Mich.-based Covansys Corp., a global provider of strategic outsourcing and integration services for the healthcare field, has announced the completion of its reassessment of revenue recognition policies. The assessment was undertaken at the request of the company’s independent registered public accounting firm, BDO Seidman, LLP, and related to the accounting policies applied to certain fixed-price and multiple-element contracts, most of which were divested as part of the sale of the company’s state and local government business during the second quarter of 2006.

NextCare, a Phoenix, Ariz.-based immediate care clinic, has launched the X+ra Care Medical Benefits Network, which helps those with or without insurance save money on healthcare.