What You Should Know: - Transformation Capital
Partners, L.P. (“Transformation Capital”) announced the launches of it’s
$500M growth equity fund, Transformation Capital Fund II, L.P. - The new fund will focus on investing between $10 to $30M in
commercial-stage digital health companies and technology-enabled service
businesses that are improving the healthcare system. - Led by Todd Cozzens, Dr. Jared Kesselheim and Mike Dixon, Transformation
Capital manages over $800 million across the
Read More
KLAS Names Epic, Pivot Point, Accenture Overall Best in KLAS 2020
- Epic was named the top Overall Software Suite for the tenth consecutive year in the Best in KLAS 2020 Software & Services report. - Pivot Point Consulting, a Vaco Company, was named the top Overall IT Services Firm, edging out last year’s winner, Impact Advisors. - Accenture earned the award of top Overall Healthcare Management Consulting Firm.Today, KLAS Research announced released their annual Best in KLAS Software & Services that recognizes the leading vendors for solutions,
Read More
CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare
- CB Insights unveils first-ever annual ‘Digital Health 150’ list of digital health startups working to transform the healthcare industry. - The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients. - A total of 17 companies on the list are unicorns (private companies valued at $1B+). Of these, 12 companies are US-based, 3 are based in China, 1 is based in France, and 1
Read More
EMR Integration Is Key to Success for Drug Diversion Monitoring, KLAS Report Finds
EMR integration dramatically improves customer success with drug diversion monitoring solutions, according to a new KLAS Report. The new report reveals that EMR integration with drug diversion monitoring enables analytics tools to compare drug-use data from the eMAR, not just pharmacy systems. This integration closes the loop on the full medication administration process, improving accuracy, and creating a more complete picture for investigation.State of Drug Diversion Monitoring Solutions in
Read More
How A Hybrid Cloud Fax Solution Protects Patient Health Information
Electronic health and medical records (EHRs) enhance the patient experience and improve care coordination, but they can also put patients and providers at risk if they are not protected. Security vulnerabilities can arise from communicating via unsecured channels such as email and can result in data breaches, compromised patient records, and even identity theft. As medical records contain personal information such as social security numbers and insurance ID numbers, they are often even more
Read More
Protenus Lands $11M to Expand AI-Driven Compliance Analytics Platform
Baltimore, MD-based Protenus, a provider healthcare compliance anlaytics has raised $11 million in Series B funding co-led by F-Prime Capital Partners and Kaiser Permanente Ventures, with participation from Arthur Ventures, Lionbird Venture Capital, and Cognosante Ventures. The company plans to use the funding to accelerate sales and customer support hiring, as well as R&D to expand platform capabilities.Founded in 2014, the Protenus platform makes an analytical assessment of every digital
Read More
Protenus Raises $4M to Help Hospitals Protect Patient Privacy in EMR
Baltimore, MD-based Protenus, a provider of privacy protection solutions for EMRs has raised $4 million in Series A funding led by Arthur Ventures. The round also included particpation from LionBird Venture Capital, DreamIt Ventures, Cognosante, TEDCO, and the Baltimore Angels.
Protenus helps hospitals protect patient privacy in the EMR by using advanced analytics to detect HIPAA violations in real-time. The Protenus Privacy-as-a-Service platform consists of both a continuously-learning
Read More
