Verizon is announcing a connection with NantHealth LLC, a privately held company owned by NantWorks LLC, that focuses on delivering next-generation care through the use of advanced secure fiber networks, cloud computing, and wireless mobile technology. Verizon’s investment will be used to accelerate innovation for NantHealth LLC.
Funding to Help Accelerate Innovation in Health Care
LOS ANGELES and NEW YORK – NantHealth LLC, a privately held company owned by NantWorks LLC, which is focused on delivering next-generation care through the use of advanced secure fiber network, cloud computing and wireless mobile technology, today announced an equity investment by Verizon Investments LLC, a subsidiary of Verizon Communications.
The investment will be used by NantHealth to accelerate innovation that will enable better patient care and reduced costs – two key factors affecting health care today. Terms of the transaction were not disclosed.
“We believe that evidence-based medicine will be the cornerstone of future health care delivery,” said Dr. Patrick Soon-Shiong, founder and CEO of NantHealth. “Partnering with Verizon gives us the national scale to succeed in enhancing patient outcomes and better access to care through secure broadband networks and our mobile platform. With Verizon’s state-of-the-art fiber-optic network, communication and information services to enterprises in more than 150 countries including all of the Fortune 500 companies, the alliance will accelerate NantHealth’s mission to transform health care in our nation.”
John Stratton, president of Verizon Enterprise Solutions, said: “Our close collaboration with NantHealth underscores Verizon’s commitment to dramatically improve the delivery of health care in the U.S. and abroad. We believe that our joint efforts with Dr. Soon-Shiong will drive down health care costs and significantly improve the industry’s ability to deliver quality care. Our goal is nothing short of transforming health care as we know it.”
NantHealth LLC is a subsidiary of NantWorks LLC, a company founded and led by Dr. Patrick Soon-Shiong. Its core mission is to converge a wide range of digital technologies to transform scientific research and healthcare. It is building an integrated evidence-based, genomically-informed, personalized approach to the delivery of care and the development of next generation diagnostics and therapeutics. For more information, see www.nantworks.com.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America’s most reliable wireless network, with nearly 96 million retail customers nationwide. Verizon also provides converged communications, information and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500. A Dow 30 company with $111 billion in 2011 revenues, Verizon employs a diverse workforce of 184,500. For more information, visit www.verizon.com.
New Gloucester, Maine – October 22, 2012 – MedTech Media, a division of HIMSS Media, announced on Oct. 16 the launch of HIMSSwire (www.himsswire.com), a custom content news service for healthcare professionals, accessible through feeds on a network of healthcare websites.
HIMSSwire offers healthcare professionals custom news articles, covering challenges and opportunities in areas such as meaningful use, mobile health and ICD-10, as well as how healthcare organizations are using IT to improve clinical care and the bottom-line.
“The industry is moving very quickly, which is generating a tremendous amount of news and information,” said Jack Beaudoin, managing director of MedTech Media, a division of HIMSS Media. “HIMSSwire is a simple service that delivers short custom news briefs to readers, giving solutions providers a low-maintenance way to announce their strategic input on industry trends, innovative products and other pressing information.”
Articles are posted daily on HIMSSwire and coverage is included on network partners’ websites where the newsfeed is housed. Network partners benefit from quality, credible content, alignment with the HIMSS brand and improved traffic and search engine results. HIMSSwire currently resides on the HIMSS family of websites, including Healthcare IT News, Healthcare Finance News, Government Health IT and PhysBizTech.
For more information regarding HIMSSwire, please visit www.himsswire.com.
About MedTech Media
MedTech Media (www.medtechmedia.com) is a division of HIMSS Media. Offering a comprehensive suite of focused news content, MedTech serves the private and public healthcare markets by providing award-winning news through print, online, mobile and other platforms. The MedTech Media brands include Healthcare IT News, Healthcare Finance News, Healthcare Payer News, Government Health IT and PhysBizTech. It is also the official publisher of the HIMSS Annual Conference and Exhibition and represents multiple HIMSS media properties.
MINNEAPOLIS, MN — Oct. 22, 2012— Wolters Kluwer Health, a leading global provider of information for healthcare professionals and students, announced today that Beaufort Memorial Hospital has selected its ProVation® Order Sets, powered by UpToDate® Decision Support, software as the hospital’s electronic order set solution.
ProVation Order Sets is an easily customizable order set authoring and management solution that provides flexible integration into clinical processes to streamline the delivery of standardized care for improved patient safety, outcomes, clinician performance and regulatory compliance. ProVation Order Sets is built upon ProVation Medical’s award-winning, clinician-designed technology platform. A key benefit is continuous updating of clinical content and medical evidence, including direct links to UpToDate, the resource of choice for more than 600,000 users worldwide.
Located in Beaufort, S.C., the 197-bed Beaufort Memorial Hospital is the largest hospital between Savannah, Ga. and Charleston, S.C. and home to more than 150 board certified or board-eligible physicians. Situated on the Atlantic Intracoastal Waterway, the hospital is one of the few hospitals in the country with its own emergency dock. Beaufort Memorial Hospital is a Duke Affiliate in heart and cancer and is Joint Commission-accredited.
“Beaufort Memorial Hospital is dedicated to delivering superior healthcare services to the communities it serves,” said Mike Haldane, Vice President and General Manager, Clinical Documentation, Wolters Kluwer Health Clinical Solutions. “We are pleased that they have selected ProVation Order Sets, powered by UpToDate Decision Support, to further this mission and provide evidence-based medicine at the point of care.”
About ProVation Medical
ProVation® Medical provides procedure documentation and clinical decision support solutions for hospitals and Ambulatory Surgery Centers. ProVation MD, ProVation MultiCaregiver and ProVation EHR software reduce transcription, paper storage and image printing costs and deliver a high Return on Investment (ROI). ProVation® Order Sets, powered by UpToDate Decision Support, put evidence-based healthcare into practice by establishing and maintaining standards of care.
ProVation® Medical is part of Wolters Kluwer Health, a leading global provider of information, business intelligence and point-of-care solutions for the healthcare industry. Wolters Kluwer Health is part of Wolters Kluwer, a market-leading global information services company with 2011 annual revenues of €3.4 billion ($4.7 billion).
CTMS Solution Provides Single Platform for Management of Clinical Study Activities
CHICAGO, Oct. 22, 2012 (GLOBE NEWSWIRE) — Merge Healthcare Incorporated (Nasdaq:MRGE), a leading provider of clinical systems and innovations that seek to transform healthcare, today announced that Tigermed Consulting Co., Ltd. has selected Merge eClinical’s CTMS solution for Sponsors and CROs to streamline clinical trial management (CTMS) and maximize operational efficiency across its studies.
Based in Shanghai, China, Tigermed is a leading Contract Research Organization (CRO) providing regulatory, clinical and data management services. With several offices located in Asia, including China, South Korea and Japan, partnering with Merge for CTMS will support Tigermed’s expansion of operations into Europe and North America.
“We were seeking a CTMS system that was cost-effective, scalable and easy to use,” explained Dr. Xiaoping Ye, Chairman and General Manager at Tigermed. “With Merge CTMS, we expect to see a significant improvement in our study management efforts, allowing us to pass on cost savings to our clients.”
“With Merge, our clients can be assured that we will track study enrollment and other critical study details in an easy to learn, intuitive interface, accessible via the web by our staff throughout the region,” Dr. Ye continued. “This will allow us to improve study management by ensuring we have reliable, quality data.”
“We are pleased to have been selected as a CTMS partner for Tigermed’s global clinical trial needs,” said Justin Dearborn, President of Merge Healthcare. “This is the largest single transaction Merge has entered into in China to date. With increasing demand for site and data collection solutions in the Asia-Pacific region, we believe our eClinical solution will continue to gain traction. Our straight-forward interface and simplified user experience allows studies to be managed in a fraction of the time of other solutions. Bundled with the industry’s best training and support, Tigermed now has a complete study management solution in Merge CTMS.”
Merge is a leading provider of clinical systems and innovations that seek to transform healthcare. Merge’s enterprise and cloud-based solutions for image intensive specialties provide access to any image, anywhere, any time. Merge also provides health stations, clinical trials software and other health data and analytics solutions that engage consumers in their personal health. With solutions that are used by providers and consumers and include more than 20 years of innovation, Merge is helping to reduce costs and improve the quality of healthcare worldwide. For more information, visit merge.com.
Tigermed Consulting Co., Ltd. is a leading Contract Research Organization (CRO) in China dedicated to providing regulatory affairs, Phase I–IV clinical trials, data management, biostatistics, medical translation and GCP training services for healthcare products. Since its inception in 2004, Tigermed has been committed to accelerating product development timelines while reducing R&D costs and risks, helping to bring the miracles of new products to market effectively.