ROCHESTER — OptimizeRx Corp. (OTCQB:OPRX), an aggregator of pharmaceutical-sponsored services in electronic health records, appointed company director Gus D. Halas as chairman of the board, effective June 30. He will succeed retiring chairman and company founder, David Harrell.
As the company’s CEO until February of last year, Harrell created the first technology and network to automate customized copay savings and other patient support directly within doctors’ existing electronic prescribing workflow.
Continue reading OptimizeRx Names New Board Chair; Founding CEO To Retire
FLINT — Diplomat Pharmacy Inc. (NYSE: DPLO) announced it had completed its acquisition of WRB Communications Inc., a health care service center company based in Chantilly, Va.
WRB specializes in relationship management programs for pharmaceutical manufacturers and health care service organizations.
Under the terms of the agreement, Diplomat is paying WRB $24.5 million cash and $4.5 million of Diplomat common stock. Under the terms of a two-year contingent earnout, WRB can earn an additional payout of up to $1 million based upon achievement of earnings-based targets in the 12-month periods ending May 31, 2018, and May 31, 2019. In 2016, WRB generated $15 million in revenue and $2.2 million in adjusted earnings before interest, taxes, depreciation and amortization.
Continue reading Diplomat Buys Health Information Provider
ANN ARBOR — A new study from Ann Arbor health consultants Altarum Institute and the New York-based health researcher Robert Wood Johnson Foundation finds that most vulnerable healthcare consumers struggle to understand their options, their costs, and even the language around their care.
The research also explored marketplace perceptions of these consumers’ health information needs and discovered a gap between stakeholder impressions and consumers’ reality.
Continue reading New Study Shows Health Information Disconnect
DETROIT — For the 10th straight year, the Detroit Medical Center has been recognized as one of the nation’s “Most Wired” hospital systems according to the 18th annual Health Care’s Most Wired survey, released by the American Hospital Association’s Health Forum.
The DMC was one of 21 Michigan hospitals included on the list.
Continue reading DMC Marks Decade On ‘Most Wired’ List; 21 Michigan Hospitals Honored
ANN ARBOR — Apervita Inc., a Chicago-based health analytics and data community and marketplace, announced that the University of Michigan has joined the Apervita community to commercialize the university’s portfolio of medical algorithms, assessments and protocols.
Through Apervita, an agreement concluded with the university’s technology transfer office will enable university clinicians and researchers to write and publish their research in an analytics format that can be offered to any health enterprise through the Apervita marketplace.
Continue reading UM Joins Community to Commercialize Health Analytics
GRAND RAPIDS — The Grand Rapids-based health information exchange Great Lakes Health Connect said this week it had hit its goal of 1,000 medical practices using its referrals application, and will soon link 1,000 provider practices to the state’s immunization registry.
This growth comes on the heels of the recent announcement that GLHC has surpassed 1 billion health information transactions annually, making it one of only a few health information exchanges in the country to hit that level.
Continue reading Health Exchange Hits 1,000 Practices