My Health Direct, Delafield, WI, a provider of web-based access management solutions to healthcare providers and payers.

NextImage Medical, San Diego, CA, a provider of next-generation radiology services to the workers’ compensation market.
]]> http://www.chrysalisventures.com/2009/11/nextimage-medical/feed/ 0 http://www.chrysalisventures.com/2009/05/cervilenz/ http://www.chrysalisventures.com/2009/05/cervilenz/#comments Tue, 12 May 2009 14:31:31 +0000 news http://www.chrysalisventures.com/?p=339

CerviLenz, Cleveland, OH, a manufacturer and distributor of a disposable device used to predict the risk of preterm birth in pregnant women.

Sanovia, Philadelphia, PA, a provider of automated pharmaceutical management software solutions to health plans and pharmacy benefit management companies.

Foundation Radiology Group, Pittsburgh, PA, a provider of diagnostic imaging and radiology services to hospitals through a unique hybrid staffing model.

Chrysalis’ investment was in ActaMed, an Atlanta, GA company that merged with Healtheon in June 1998. Healtheon went public in February 1999 and subsequently merged with WedMD, changing its name to Healtheon/WebMD Corporation and later to WebMD Corporation in 2000. Further, the parent company changed its name to Emdeon Corporation (NASDAQ: HLTH) in 2005 when WebMD Health (NASDAQ: WBMD) completed its initial public offering. Today WebMD is a leading Internet-based provider of e-commerce solutions to the healthcare industry.

Chrysalis invested in Clear Vision Laser Centers, Inc., a Denver, CO-based laser vision correction services company. The company was acquired by LaserVision Centers, Inc. (Former NASDAQ: LVCI) in August 2001 and subsequently merged with Ontario, Canada-based TLC Laser Centers Inc. (TSX: TLC) to form TLC Vision in 2001.

Chrysalis invested in Ann Arbor, MI-based HealthMedia, a behavioral science technology company that builds and delivers tailored behavioral programs for the pharmaceutical/medical device, healthcare and disease management markets. The company was acquired by Johnson & Johnson in October 2008.

Chrysalis’ investment was in Richmond, VA-based Manorhouse Assisted Living, Inc., an owner and operator of assisted living centers in the mid-Atlantic states. Manorhouse was subsequently acquired by Nashville-based LifeTrust America LLC, the owner and operator of Morningside Assisted Living communities throughout the Southeast, in October 2002. LifeTrust America was acquired by Five Star Quality Care (AMEX: FVE) in November 2004.

Chrysalis was an original investor in Louisville, KY-based Aperture Credentialing, Inc., a leading physician credentialing company. The company was acquired by Ingenix Health Intelligence, a subsidiary of UnitedHealth Group (NYSE: UNH), in October 2002.