Three Vendors Make Buys
On a day that already saw outsourcing firm PHNS get sold (see story), three other health care vendors have announced acquisitions:
On a day that already saw outsourcing firm PHNS get sold (see story), three other health care vendors have announced acquisitions:
* Physician practice management and electronic health records vendor MedLink International of Ronkonkoma, N.Y., has acquired MedAppz LLC, which also sells ambulatory applications, for an undisclosed sum. The acquisition expands MedLink's market reach into a total of 23 states while also bringing into the portfolio MedAppz's Web-based practice management and electronic records software. Brian Lichtlin, CEO of MedAppz, will lead MedLink's EHR division as executive vice president.
* San Diego-based CardioNet Inc., a vendor of wireless heart monitoring technology, will acquire Biotel Inc. for $11 million. Eagan, Minn.-based Biotel sells wireless event recorder devices that log heart functions over a month or longer period to spot infrequent events, such as arrhythmia. CardioNet sells a wearable sensor that detects and transmits electrocardiogram data to a PDA-shaped monitor. The monitor uses a landline or mobile connection to send the EKG data to the vendor's monitoring center for analysis. If an abnormal rhythm is detected, monitoring center staff can contact the patient and their physician.
* San Francisco consultancy Blackstone Technology Group has bought Quinnian Health, Cheska, Minn., for an undisclosed sum.Quinnian sells telemedicine technology to large employers to support improved workplace health, and a variety of business continuity services in the event of a pandemic or radiological disaster, including mobile communications systems and drug stockpiling and distributing.
--Joseph Goedert
* Physician practice management and electronic health records vendor MedLink International of Ronkonkoma, N.Y., has acquired MedAppz LLC, which also sells ambulatory applications, for an undisclosed sum. The acquisition expands MedLink's market reach into a total of 23 states while also bringing into the portfolio MedAppz's Web-based practice management and electronic records software. Brian Lichtlin, CEO of MedAppz, will lead MedLink's EHR division as executive vice president.
* San Diego-based CardioNet Inc., a vendor of wireless heart monitoring technology, will acquire Biotel Inc. for $11 million. Eagan, Minn.-based Biotel sells wireless event recorder devices that log heart functions over a month or longer period to spot infrequent events, such as arrhythmia. CardioNet sells a wearable sensor that detects and transmits electrocardiogram data to a PDA-shaped monitor. The monitor uses a landline or mobile connection to send the EKG data to the vendor's monitoring center for analysis. If an abnormal rhythm is detected, monitoring center staff can contact the patient and their physician.
* San Francisco consultancy Blackstone Technology Group has bought Quinnian Health, Cheska, Minn., for an undisclosed sum.Quinnian sells telemedicine technology to large employers to support improved workplace health, and a variety of business continuity services in the event of a pandemic or radiological disaster, including mobile communications systems and drug stockpiling and distributing.
--Joseph Goedert
More for you
Loading data for hdm_tax_topic #better-outcomes...