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.
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.
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.
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.