UnitedHealth's Ingenix to buy Executive Health Resources, make FQHC version of CareTracker EHR
It's been a busy last couple of weeks for Ingenix.
As you may have read last week in FierceHealthcare, Ingenix, the health IT subsidiary of UnitedHealth Group (NYSE: UNH), on Wednesday announced plans to acquire Executive Health Resources, a Newtown Square, Pa.-company that provides medical-necessity compliance and physician medical management technology to hospitals nationwide. The deal, worth a reported $1.5 billion, would mark UnitedHealth's fifth acquisition of a closely held company outside its core insurance business this year, Bloomberg reports.
One day later, Ingenix said it would make a modified version of its CareTracker EHR and practice management system available to Federally Qualified Health Centers in order to help community clinics comply federal "meaningful use" requirements. "Ingenix is making it easier for community health centers--organizations that provide medical care to many of the nation's poorest and most vulnerable people--to access and use advanced health information technology systems to enhance patient services and eliminate disparities in care," Steven Tolle, senior VP for physician solutions at Ingenix, says in a company press release.
The web-based CareTracker system costs less than $5,000 per physician for an annual subscription, Ingenix says, and the Eden Prairie, Minn.-based vendor is offering interest-free financing and a guarantee that the service will meet all standards for meaningful use. The FQHC version incorporates administrative tools and data collection and reporting modules specially tailored for safety-net clinics.
These two items come less than two weeks after Ingenix announced UnitedHealth's fourth non-insurance acquisition of the year. On July 22, Ingenix said it was buying high-acuity EMR vendor Picis, Wakefield, Mass. A week later, on July 29, Ingenix formed an alliance with Montvale, N.J.-based "hybrid" EMR vendor SRS to integrate the CareTracker practice management system into the core SRS EMR.
For more:
- check out this Bloomberg article
- read this Ingenix press release on the Executive Health Resources deal
- here's the Ingenix-Picis press release from July 22
- this is the Ingenix-SRS press release from July 29
- see this press release about CareTracker for FQHCs
Alicia Caramenico contributed to this story.
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