MedeAnalytics, based in Emeryville, Calif., recently unveiled four new products. The company has launched Enterprise Performance Management, which uses tools developed by OnFocus Healthcare to add planning, execution and progress-tracking functions to the company's analytics software. The company has also introduced the Clinical-Financial Performance Framework, a crosswalk analysis of all the requirements faced by hospitals as well as information on potential financial and non-financial risks, and unveiled risk assessment programs focused on the Centers for Medicare & Medicaid Services' healthcare reform requirements and meaningful use provisions included in the HITECH Act.
Compliance 360 has announced a "Cash for Clunkers" trade-in program for healthcare providers who initially invested in low-end, limited-function software to deal with the Centers for Medicare & Medicaid Services' Recovery Audit Contractor (RAC) program. The Atlanta-based developer of enterprise governance, risk management and compliance solutions will offer discounts in the form of trade-in credits for providers wishing to upgrade to the company's Claims Auditor solution, which is designed to handle the RAC process as well as Medicaid Integrity Contractor (MIC) audits. Claims Auditor also serves as the claims audit system of record, enabling healthcare providers to establish a common point of control for managing all claims audits including RAC, MIC, MAC, CERT, PERM, ZPIC and commercial payer audits.
Craneware, a developer of automated revenue integrity solutions designed to improve financial performance for healthcare providers, has moved its headquarters from Orlando, Fla. to Atlanta. "Atlanta presents great opportunities for Craneware to connect with other top-ranked healthcare IT companies as we deliver new, revenue integrity solutions for our customers," said CEO Keith Neilson. The company has more than 135 employees in the United States and United Kingdom and serves more than 1,000 customers.
Chicago-based Allscripts-Misys Healthcare Solutions and Atlanta-based Eclipsys have announced a merger to the tune of approximately $1.3 billion. The all-stock transaction combines two of the larger players in the healthcare IT arena and will create a platform of clinical, financial, connectivity and information systems with a customer base of more than 180,000 physicians, 1,500 hospitals and nearly 10,000 nursing homes, hospices, home care and other post-acute care providers. In addition, Allscripts will reduce Misys' equity stake in the company from about 55 percent to about 10 percent through an underwritten secondary equity offering and share buyback.