Health IT Business News Roundup for the Week of June 26, 2009

M&A, Financial Reports and Funding

Document Storage Systems, a hospital information systems vendor, has acquired Informatix Laboratories, a vendor of revenue cycle management software.

Contracts

Englewood Hospital and Medical Center in New Jersey has chosen Cardiocom's Commander Telehealth System for its home health agency...Wellspan Health System in Pennsylvania and Western Maryland Health System have selected MRO's online payer audit management software...Nyack Hospital in New York has selected McKesson's Paragon community hospital information system...Heritage Valley Health System in Pennsylvania will implement Allscript's Enterprise EHR software...Tufts Medical Center in Massachusetts will implement WaveMark's real-time infrastructure management software.

Product Development and Marketing

Health IT firm Eclipsys announced a partnership with health data exchange software vendor Medicity to create a health information exchange for Eclipsys customers...GE Healthcare, Bassett Healthcare and the Healthcare Association of New York State will partner on research to use IT and best practices to improve safety and efficiency of care...Advantage Chiropractic Network in Iowa and Pinnacle Physicians Network in Nebraska have partnered to establish standardized electronic data interchange and EHR systems, best practices, data aggregation and joint utilization review and management programs.

Personnel

Charles Lambert -- former CFO at Misys Healthcare Systems -- has been named CFO of Capario, a revenue cycle management systems provider.