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Vendor Notebook - Jan. 30, 2007

By Healthcare Finance Staff

VFA, Inc., a Boston-based provider of end-to-end solutions for facilities capital planning and asset management, has announced that Boston's Dana-Farber Cancer Institute has selected VFA's Capital Planning and Management Solution to support its multi-year facility capital planning initiative.

Glucon, Inc., a Boulder, Colo.-based developer of Optimus automated blood glucose measurement systems for hospitalized patients, has completed a private financing round, adding as investors 3i plc, Sequel Venture Partners, Quest Capital Partnership and Hunt Ventures and retaining investors Aurum Ventures, Giza Venture Capital, MKI, Infinity Venture Capital Fund and Ascend Technology Ventures.

AcuNetx, Inc., a Torrance-Calif.-based provider of diagnostic, analytical and therapeutic devices combined with proprietary software to permit health providers to diagnose and treat medical disorders, has announced that its medical products division, IntelliNetx, has signed a marketing agreement with Ear Professionals International Corporation (EPIC). EPIC will market and promote the IntelliNetx line of balance products to its network and ear, nose and throat specialists and healthcare administrators.

Redwood City, Calif.-based BroadVision, Inc., a provider of e-Business solutions, is partnering with Nandaki Systems to allow the Bangalore, India-based Nandaki to use the BroadVision suite of solutions to develop its IP3 framework, which encompasses value capital management, intellectual capital management and human capital management. Nandaki is currently working on the business transformation of healthcare services company Cbay, Inc.

Accelera Solutions of Falls Church, Va. has been awarded a $1.5 million contract to architect, design and implement a solution that will make the U.S. military's electronic health record, AHLTA, easier to deploy and support across the Pacific Air Forces Command.

KANA Software, Inc. of Menlo Park, Calif., has announced that the Virginia-based health insurance provider Optima Health has implemented KANA Response On-Demand to automate e-mail response management.

ISI Telemanagement Solutions, Inc. of Schaumberg, Ill., a global provider of comprehensive cost management solutions for voice, data, wireless and integrated communications, has launched a new division focused on providing comprehensive telecom expense management solutions to the healthcare industry.

SAND Technology, Inc., a Montreal-based provider of intelligent enterprise information management solutions, has joined the Business Objects Technology Partner Program, allowing the two companies to collaborate on sales and marketing initiatives.

NextPhase, a Peabody, Mass.-based provider of end-of-life IT asset management services, has announced that Memorial Hospital of Rhode Island, a Brown University Medical School teaching and research facility, has selected the company to provide disposal, recycling and remarketing services for their obsolete IOT assets.

Quovadx, Inc. of Greenwood Village, Colo. has announced that Samaritan Health Services, a network of Oregon hospitals, physicians and senior care facilities, has selected the company's Cash Accelerator Suite and services to power its financial interoperability solutions, including INSURENET Hub and INSURENET Direct modules.

The MediNotes Corporation of West Des Moines, Iowa, a provider of electronic medical record systems, has announced that it is combining its direct and indirect sales teams to better serve the EMR needs of physicians.

Juno Beach, Fla.-based Document Storage Systems, Inc., which provides software integration for healthcare information systems, has announced the purchase of Minnesota-based Sage Health Management Solutions, Inc., a healthcare technology company and developers of the RadWise tool.

Bio-Optronics, Inc. of Rochester, N.Y., a workflow solutions vendor, has announced it will be "exploring strategic alternatives in 2007" for its operating room software solutions, including the sale of its electronic whiteboard solution, DirectOR, and its enterprise-wide OR scheduling solution, SchedulOR. The company says it plans to narrow its business focus to point of care and clinical research solutions.

Indianapolis-based iSALUS Healthcare has announced it will allow free access to an online electronic medical records system for one year to all members of the Indianapolis Medical Society. The "Preferred Physician Program" will allow physicians to use OfficeEMR, an online medical records practice management and claims processing system offered by iSALUS.

The Intel Corporation has issued a $1 million grant to the Oregon Health & Science University, renewable up to three years, to create the Behavioral Assessment and Intervention Commons, an academic-industrial collaboration that constructs a research commons, sharing tools, technology and thinking, around behavioral markers and health outcomes.

The Healthcare Management Council, Inc. of Needham, Mass., a benchmarking firm that focuses on hospital performance management, has unveiled its Value Dashboard, which uses a hospital's own UB-92 data to plot the relationship between the hospital's quality ranking and its cost ranking with comparison hospitals of similar size and scope of services.

Cardinal Health, a Dublin, Ohio-based manufacturer of healthcare products, has announced plans to sell its Pharmaceutical Technologies and Services segment to The Blackstone Group, a private investment and advisory firm, for an estimated $3.3 billion. The company said it wants to focus its resources on the four remaining businesses that serve healthcare providers.

The McKesson Corporation of San Francisco has reported that revenues for the third quarter, which ended Dec. 31, 2006, were $23.1 billion, up 4 percent from the third quarter of last year ($22.2 billion), and that net income of $243 million was up 26 percent from last year's figure of $193 million. The company also reported that it has completed the earlier-announced acquisition of Per-Se Technologies, Inc.

Atlanta-based Logisticare has announced that the Arkansas Division of Medical Services has awarded the company a one-year, $10.5 million contract, with six one-year renewal options, to manage the Arkansas Medicaid non-emergency medical transportation (NEMT) program for three regions.