NextGen Healthcare Information Systems of Horsham, Pa. has announced that it has released its data capture tools to help physician practices prepare for federal pay-for-performance (P4P) efforts, including the Physicians Quality Reporting Initiative and Medicare Care Management Program.
A new Phildelphia-based specialty lending company, Gemino Healthcare Finance, has been launched with $290 million in debt and equity capital from an investor group led by EDG Partners and Laminar Direct Capital. Gemino will provide loans to healthcare service providers throughout the country, with typical financing needs ranging from $500,000 to $10 million, through revolving lines of credit, term loans and real estate financing.
Emptoris, Inc., a Burlington, Mass.-based provider of enterprise supply and contract management software, has announced that CareFirst, Inc., the Mid-Atlantic Region's largest health insurance provider, has selected the company's Contracts software to manage provider and supplier agreements.
MedeFinance, of Emeryville, Calif., has contracted to provide business analytics software, including Self-Pay Analytics and Revenue Cycle Analytics, to West Tennessee Healthcare of Jackson, Tenn., with the software to be implemented at Bolivar General Hospital, Camden General Hospital, Gibson General Hospital, Humboldt General Hospital, Jackson-Madison County General Hospital and Milan General Hospital.
Medical Present Value, Inc. of Austin, Texas has signed an agreement with Lake Charles Medical and Surgical Clinic, a multi-specialty, physician-owned partnership based in Lake Charles, La., to implement the company's combination of contract modeling and definition services and Web-based technology to determine expected reimbursement for medical claims, monitor payer compliance with contract terms and identify potential underpayments.
Wayne, Pa.-based MEDecision, Inc. has announced that it has contracted with the Lovelace Health Plan of New Mexico to provide its Advanced Medical Management, Data Gathering and Analytics and Clinical Data Exchange solutions as well as its Patient Clinical Summary.