NaviNet, a Cambridge, Mass.-based provider of health information software for connectivity, electronic health records and practice management systems for physicians, has acquired Prematics, Bethesda, Md., a provider of mobile health applications, including electronic-prescribing tools, NaviNet announced. Terms of the deal were undisclosed.
NaviNet buys Prematics
"Doctors using handhelds will benefit from single-source access to integrated clinical, administrative and financial information from health plans, physicians and other sources of patient data," NaviNet President and CEO Brad Waugh said in a news release.
In 2008, David Brailer, the former head of the Office of the National Coordinator for Health Information Technology at HHS and the founder of the venture capital firm Health Evolution Partners, announced the firm was making a multistage investment in Prematics "in the tens of millions of dollars."
In February 2008, Kevin Hutchinson, former president and CEO of SureScripts, was named president and CEO of Prematics.
SureScripts is a for-profit prescription drug exchange founded in 2001 by the National Association of Chain Drug Stores and the National Community Pharmacists Association.
Hutchinson is a member of the federally chartered Health IT Standards Committee, which advises the ONC. He also served as a member of the American Health Information Community, an advisory panel to former HHS Secretary Mike Leavitt. At the time, members of the Prematics executive council included former HHS Secretary Tommy Thompson, former U.S. Sen. John Breaux, D-La.; and Barrett Toan, the former chairman, president and CEO of Express Scripts, a pharmacy benefit manager.
James Bradley, Prematics' founder and chairman of the board, was the founding CEO of RxHub, an information exchange now part of SureScripts.
Hutchinson will stay on "for a short period of time" in an advisory capacity to help with the transition, according to Alicia Allen, director of corporate marketing for NaviNet.
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