What You Should Know:
– Net Health acquires wound care platform Tissue Analytics to expand Net Health’s leadership position in the wound care market.
– Tissue Analytics, Inc. deploys its wound management software via industry-leading SMART on FHIR integrations with Epic, Cerner, Allscripts, and others.
– Net Health plans to integrate Tissue Analytics app will be integrated with their WoundExpert EHR solution to add key capabilities for use within hospital outpatient settings.
Net Health, a Pittsburgh, PA-based provider of cloud-based Electronic Health Record (EHR) software for specialized care settings, today announced that it has acquired Baltimore, MD-based Tissue Analytics, a pioneering developer of the automated mobile wound and skin imaging and predictive analytics solutions.
Revolutionizing Wound Care
Eight and a half million Americans live with non-healing wounds. Caring for these conditions, unfortunately, relies heavily on guesswork and approximations, perpetuating expensive and ineffective treatments. Care providers simply do not have the tools necessary to accurately track wound healing over time. Founded in 2014, Tissue Analytics solutions are used by hospitals, individual clinicians, and product manufacturers for delivery of wound care services as well as management of clinical trials.
Tissue Analytics capabilities include:
Rich wound imaging and automated measurement technology enabling highly consistent 2D and 3D wound measurements
A mobile application for patient use that allows providers to monitor chronic wounds remotely
Deep integration with well-known hospital EHR systems, facilitating seamless delivery of wound care in both inpatient and outpatient settings
Advanced machine learning algorithms and expertise critical to the expansion of predictive analytics in wound care and other clinical specialties
Acquisition Benefits & Integration Plans for Tissue Analytics
The acquisition of Tissue Analytics expands Net Health’s leadership position within the wound care market, and for all customers, it will accelerate the delivery of next-generation wound care technology solutions, including predictive analytics.
Net Health plans to integrate Tissue Analytics app with their WoundExpert® EHR solution to add key capabilities for use within hospital outpatient settings. Clinicians will be able to capture and seamlessly upload wound images and other documentation, including automated measurements, to the WoundExpert platform.
Net Health is a portfolio company of The Carlyle Group, Level Equity, and Silversmith Capital Partners. Silversmith invested additional equity to support the acquisition of Tissue Analytics. Financial details of the acquisition were not disclosed.
