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August 2, 2011 News No Comments

8-2-2011 6-26-17 AM

Aprima Medical announces that its bookings for fiscal year 2012 increased 128%  compared to the previous year. Key wins include a the 15-provider Ankle & Foot Centers of Georgia and the six-physician Pensacola Lung Group.

Analysts suggest that Emdeon could go private if existing talks with private equity firm Blackstone Group fail to end in a sale. Since going public two years ago, the company’s earnings and stock price have lagged; going private would allow Emdeon to restructure its operations and add new products and services without the scrutiny of public investors.

8-2-2011 6-22-53 AM

MinuteClinic, the retail healthcare division of CVS Caremark, announces that over 10 million patients have visited its walk-in medical clinics since 2007. MinuteClinic’s strategy includes collaborative affiliations with regional healthcare delivery networks and EMR integration with partnering hospitals systems.

NextGen parent company Quality Systems, Inc. reports Q1 results: revenue up 21%, EPS $0.65 vs. $0.42, beating estimates on both. Shares will split two for one on October 27.

RCM provider Navicure says it is on track to increase its revenues by 30% during 2011, pushing the company’s run rate to over $40 million.

Sage announces Intergy v7, which includes user enhancements, certification of all 44 ONC-ATCB clinical quality measures, and 5010 support for the PM/EMR system.

8-2-2011 6-30-39 AM

The Healthcare Billing & Management Association (HBMA) announces details of its 2011 Fall Annual Conference September 14-16th in Las Vegas.

The AMA and other national and state medical societies ask CMS to consider exempting older physicians from the pending Medicare penalty for not e-prescribing. The organizations argue that physicians eligible for Social Security benefits by 2014 would find it economically burdensome to install and use e-prescribing and thus may choose retirement to avoid the penalty.

8-2-2011 6-28-48 AM

Radisphere names Alison Shurell chief marketing officer. Shurell was most recently the VP of product marketing for IntraLinks.

Physician practices are the fastest-growing segment of healthcare mergers and acquisitions. During the second quarter of 2011, Irving Levin Associates calculated 27 publically announced mergers and acquisitions  involving physician practices. That’s up 200% over the same period in 2010 and represents $416 million in transactions.

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