Tech Update
Tech Update
• Simione Central Holdings (Atlanta) plans to acquire CareCentric Solutions for about 3.3 million shares of newly issued preferred stock of Simione. The preferred stock would be converted into common stock upon the approval of the company’s shareholders. CareCentric provides point-of-care systems in the home healthcare information systems’ marketplace. Simione hopes to close the transaction within 60 days.
• Sims Communications’ (Irvine, CA) Mark Bennett told the Wall Street Journal recently that he intends "for Sims to be the Yahoo! of healthcare on the Internet." He said he intends for JustMed.com to be the premiere healthcare Gateway or portal on the Internet, not only for consumers, but for healthcare professionals as well. Sims recently announced the launch of its JustMed.com Internet healthcare portal and announced that it had opened its electronic commerce store, Med Store, located on the Web at www.justmed.com.
• Health Care Software (Farmingdale, NJ) has signed a contract with ResCare (Louisville, KY) in which HCS will provide ResCare with an advanced Interactant Financial Information System. Interactant modules being implemented include Client registration, client scheduling, order entry, medical records, client billing, staffing and scheduling, payroll, and executive information systems.
• CyberCare and Nortel Networks Corp. (Boynton Beach, FL) will jointly monitor a home healthcare system that will allow healthcare providers to see and talk with patients at home. The monitor will also check heart rate, blood pressure, blood-oxygen, and blood-sugar levels. Medical Industries of America and Nortel are acquiring CyberCare. Nortel will provide network technology for the system.
• ORCA Technologies (Bothell, WA) has launched its new home healthcare web portal at www.orcatech.net. The portal will provide authorized users with access to real-time information relating to effective patient management. It is an extension of the CuraSys product line, and it will link clinicians, administrators, payers, and physicians with medical management and regulatory compliance applications. ORCA’s new portal collects and manages data required to be collected for government and accrediting organizations. It is processed at ORCA’s data warehouse and delivered to the regulatory agency.
• Fastrack Healthcare Systems (Plainview, NY) is shipping a new portable bar code scanning device to serve the needs of home medical equipment providers. The device will help to track inventory at remote field locations. The SPT 1500 Scanner unit is manufactured by Symbol Technologies.
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