Medfusion buys iHealth software suite from Medem

Medfusion, provider of communication services connecting patients and their health care providers, has acquired the iHealth suite of software that keeps track of personal health records from Medem, reports VentureWire.

The deal will bring 8,000 new medical providers into Medfusion’s fold. Based in San Francisco, Medem previously raised $3 million from individual investors in 2006. It recapitalized in 2004, pulling in a $3.5 million first round of funding. It has been backed by the American Medical Association and Allscripts-Misys Healthcare Solutions. It raised a second round of venture financing totaling $3.5 million from Amerisource Bergen Drug Corp. and individuals.

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