A Medical Device Daily
Haemonetics (Braintree, Massachusetts), a leader in blood collection technology, reported acquiring the assets of Information Data Management (IDM; Rosemont, Illinois), a developer of software for blood collection agencies, for about $9 million in cash.
Haemonetics said IDM’s software for blood collection, blood laboratory operations and services complement its 5D suite of software products and services.
Brad Nutter, president/CEO of Haemonetics, said, “Blood supply chain management can be significantly optimized through strategic use of information technology. IDM’s blood bank applications will be added to 5D’s existing product portfolio, enabling Haemonetics to deliver an information management infrastructure to support blood collection and processing.”
IDM markets software products which aid customers in blood donor recruitment and management, blood component manufacturing, distribution and laboratory testing.
IDM’s personnel and operations will remain in the Chicago area — of which Rosemont is a suburb — following the acquisition.
Haemonetics makes automated blood processing systems.
Revolutions Medical (Rev Med; Mount Pleasant, South Carolina) reported the acquisition of all the assets of Clear Image Acquisition Corp (Lexington, Massachusetts). Financial terms were not disclosed.
Revolutions said it will now have access to a working integration of software and hardware, compatible with all standard MRI systems, that interfaces with the MRI industry’s standard picture archiving computer system (PACS).
“The number of radiologists and neuroradiologists has been decreasing while the number of MRI procedures has been increasing dramatically,” said Ron Wheet, CEO of Revolutions. “Revolutions’ new technologies will decrease the process of manually reviewing MRI images, will reduce the time necessary to rule out any abnormalities in the normal image, will reduce possible error rates and finally will enhance overall diagnostic confidence,”
Revolutions operates in the safety-engineered medical devices (SEMDs) arena. Its products include the ReVac Safety Syringe, safety blood-drawing device and the ReVac Safety IV Catheter.
In other dealmaking news:
• National Surgical Care (NSC; Dallas) reported acquiring a majority interest in Sawtooth Surgery Center (Twin Falls, Idaho), a multi-specialty surgery center with primary emphasis in orthopedic, ENT and ophthalmologic surgeries. Terms of the transaction were not disclosed.
NSC owns and operates a network of surgery centers in partnership with physicians and healthcare systems across the U.S.
• LifeNet (Virginia Beach, Virginia) reported that it has merged with Florida Tissue Services (FTS; Gulf Breeze, Florida) to expand its services in the Florida donation area.
FTS, a non-profit organization founded in 1999, works with more than 15 hospitals and a number of medical examiner offices to offer the donation option to families and recover tissue in consented cases.
LifeNet will coordinate the processing and distribution of the tissue to provide biomedical implants to surgeons in the Florida area. FTS operates two offices, in Pensacola and Jacksonville.
Through the merger, LifeNet said it will be able to provide additional resources to FTS and expand its public education work, donor family services programs and its public presence in the local Florida communities.
LifeNet, founded in 1982, is a biomedical tissue banking system and non-profit organ and tissue donation agency providing recovery and processing services for musculoskeletal and cardiovascular tissues. It reports distributing more than 200,000 implants every year to restore health to patients around the world.
• Critical Care (Del Mar, California) reported that it has entered into an agreement to acquire Health Care Medical Technology (HCMT; Sioux Falls, South Dakota), a population health management company providing consultation, education, medical management and software solutions to improve the quality and decrease the expense of healthcare. Terms were not disclosed.
The company said this acquisition will advance its growth in the population health management sector and serve as an underpinning to Critical Care’s wellness strategy.
HMCT provides its services to the State of South Dakota, to individuals referred by the state and to regional healthcare services providers.
Critical Care is a healthcare holding company providing a continuum of “wellness” programs.