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CareCloud Strengthens Operations with $15M in New Funding and Appointment of Silicon Valley Leader Ken Comée as CEO

Investments Follow a Record First Quarter Amid Accelerating Adoption By Large Ambulatory Medical Groups

MIAMI, FL April 23, 2015 – CareCloud, the leading provider of cloud-based practice management, electronic health record (EHR), and medical billing software and services, today announced that it bolstered its operations with new funding and a new CEO to take its market momentum to the next level. The company disclosed $15M in additional funding from its investors, which will be used to further advance product innovation and customer success. It also appointed Ken Comée, a proven leader of enterprise cloud technology businesses, as its Chief Executive Officer, replacing Albert Santalo who will remain at CareCloud as Chairman and Chief Strategy Officer.

“Since its inception, CareCloud has achieved incredible success and growth by delivering an unparalleled platform to help healthcare organizations run better than they ever have before through connected technologies. Ken has been a supporter, friend and confidant for a number of years now and I’m confident that the team, under his leadership, will reach new heights and continue to drive CareCloud’s mission,” said Santalo.

During the past three years, Comée has helped steer CareCloud’s industry-leading growth in his role as a Board member and operational advisor. Comée assumes the CEO role at CareCloud following a successful track record of helping cloud-based technology innovators to secure and extend market leadership.  As CEO of Cast Iron Systems, he grew the company into the #1 brand in cloud integration, leading to its strategic acquisition by IBM.  Most recently, he was CEO of PowerReviews, a leader in product ratings and reviews, and oversaw the scaling of its operations and fast growth in the market.

The company’s investments follow the achievement of record contract values in the first quarter of 2015 – driven by increased demand from large medical groups replacing legacy systems. CareCloud signed seven of its largest deals to date in Q1, as average contract value tripled over the prior year. Among the nearly 50 new clients to select the CareCloud platform in Q1 was a large, multispecialty urgent care group practice with locations across the Southwest.

“The health information technology landscape has changed dramatically in the past year,” said Comée. “Regulatory considerations once drove many purchasing decisions. Today, large ambulatory medical groups demand a true platform of choice that offers superior ease of use and better business results in support of patient care. As the first quarter of 2015 demonstrated, no company is better positioned than CareCloud to lead the charge in replacing legacy systems.  I look forward to leading this team in support of that mission.”

About CareCloud

CareCloud is the leading provider of cloud-based practice management, electronic health record (EHR), and medical billing software and services for medical groups. The company’s products are connecting providers to one another – and to their patients – through a fully integrated digital healthcare ecosystem that can be accessed on any browser or device.

CareCloud is helping thousands of physicians increase collections, streamline operations, and improve patient care in 48 states, and currently manages more than $4 billion in annualized accounts receivables on behalf of its revenue cycle management clients. To learn more about CareCloud, visit www.carecloud.com.

April 23, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Singularity University Announces New Multi-million Dollar Agreement with Google to Support Increased Global Access and Diversity in Technology Sector

MOUNTAIN VIEW, CA (January 28, 2015). Singularity University (SU), the technology-focused education institute and global business accelerator has announced a new multi-million dollar agreement with Google aimed at breaking down barriers to technology innovation by creating opportunities for a more diverse group of entrepreneurs from around the world.

Through the agreement, Google will provide $1.5 million annually for the next two years to help fund qualified and selected candidates to SU’s flagship Graduate Studies Program (GSP) – a 10-week immersive experience that educates and empowers the best minds to use exponential technologies to solve the world’s greatest challenges. While SU’s sponsored Global Impact Competitions (GIC) winners will continue to comprise a substantial portion of the GSP class, the new Google funding will enable SU to also make the remaining seats in the program available free of charge to direct applicants. GSP participants are engaged in nine tracks of exponential technology development and mentored by leaders and investors in the technology sector with the focus of abating poverty and creating innovative solutions in the areas of clean energy, water, education, security, and healthcare.

Applications are now open for the 2015 Graduate Studies Program through SU’s Direct Admission online application:  http://apply2015.singularityu.org/

“The new agreement with Google is an incredibly important pillar in our efforts to increase global access and diversity for qualified candidates, regardless of their ability to pay,” said Rob Nail, CEO and Associate Founder of Singularity University. “As a graduate of an SU program, I can speak first-hand to the life-changing experience SU offers in inspiring thinking about how technology can improve the lives of billions. Google’s support will further help to break down barriers of access to the Silicon Valley network of technologists, business leaders, and investors.”

Google has long understood the importance of breaking down barriers to be active participants in the creation of technology. “At Google, we believe in the power of access, and we work with organizations to create broad and diverse communities to be change agents,” said Mo Fong, Director of Google’s education outreach programs.

Sample Graduate Studies Program Success Stories

Bibak, a team of women from #GSP14, made a pledge to ensure that every person living in a post-conflict area should live a life free from the ever-present fear of landmines. This team, with members from Italy, Australia and Peru created the Bibak “podtector”, an effective and inexpensive landmine detector that can be assembled on site and delivered in a way that is sustainable, coordinated, and community-led.

More at: http://vimeo.com/104347651

Hivematic. When we think of the fragility of ecosystems, we often think of the decline of fish stocks or large predators, but it is the decline of the lowly bee that could have the greatest impact on humankind with the total number of managed honey bee colonies now decimated from 5 million in the 1940s to less than 2.5 million today. A #GSP13 team project created a smart beehive monitoring system with real-time optimization of hive conditions, thus reducing the risk of colony failure.

More at: https://www.youtube.com/watch?v=UobjSw-y1lQ

Matternet, a team project from #GSP11, had the vision to use unmanned aerial vehicles (UAVs) to ferry medicine and other goods to remote places, such as rural villages in Africa where people often have to walk 20 miles or more to a clinic to receive treatments as simple as blood tests or pills. With Matternet, UAVs will carry the payloads for a substantially lower cost than ground transportation.

More at: http://matternet.us/

Blue Oak Priv Bradoo first considered the idea of extracting valuable metals (copper, silver, platinum, etc.) from discarded electronics (e-waste) at #GSP09. Since then, the company has grown exponentially and now uses existing scaled-up mining industry technologies to capture value from the 40 million tons of e-waste that is landfilled or incinerated annually around the world, containing 70 billion dollars worth of precious and base metals.
More at: http://blueoakresources.com/

Miroculus, a #GSP13 team project, has brought to life an accurate, easy to use, non-invasive, decentralized, operator-independent and affordable microRNA detection platform for molecular data gathering, analysis and interpretation.

More at: http://miroculus.com/

About the Graduate Studies Program

The Graduate Studies Program (GSP) convenes future leaders and entrepreneurs from around the world in a 10-week collaborative experience to develop team-based technology solutions to widespread global challenges. During the GSP, participants are challenged to design a sustainable global solution to positively impact one billion people by leveraging exponential trends, innovation, and the power of entrepreneurship.

About Singularity University

Singularity University’s (SU) mission is to educate, inspire and empower a generation of leaders to apply exponential technologies to address humanity’s grand challenges. Since 2009, SU has hosted entrepreneurs, industry leaders and government officials from more than 85 countries and has prepared both individuals and organizations for exponential technology changes through a series of events, conferences and education programs. SU’s Founding Corporate Partners include Genentech, Autodesk, Cisco, ePlanet Ventures, Google, Kauffman Foundation and Nokia.

January 28, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

par8o Announces $10.5 Million in Series A Funding

Funding will Support Company Mission to Enable Healthcare Organizations to Optimize Resources to Deliver Quality Care

Boston, MA, January 8, 2015par8o, Healthcare’s Operating System, today announced $10.5 million in Series A funding from Atlas Venture, Founder Collective, CHV Capital and other investors. Since the company’s founding in 2012, a growing and diverse list of organizations have adopted the par8o platform, including the largest employer in the State of Nevada, MGM Resorts, and several pre-eminent academic medical centers, including Harvard Medical School affiliated hospitals in Boston and facilities that are part of the Mount Sinai Health System in New York.

Started by the physicians who founded SERMO, the largest on-line physician community in the world, par8o traces its roots back to the on-line discussions around the Affordable Care Act (ACA).  Even then, physicians recognized that success in the new era of healthcare would require a new approach to matching the right patient to the right resource at the right time. The par8o Healthcare Operating System allows healthcare organizations to optimize their networks of providers and other resources to deliver quality care by applying one of the most powerful and proven principles in economics: Pareto Optimization. This approach, and the EMR-agnostic technologies par8o has developed to implement it, are well-suited to the complex, multi-constituency nature of healthcare because they achieve continuous efficiency improvements while balancing the needs of all parties.

“We, as a nation, face a formidable challenge to transform our health system to do more with less. Gone is the belief that all parties can optimize exclusively for their own interests, replaced with the recognition that the future will be one of convergence, offering patients not just compassionate care, but a cost-effective, seamless customer experience as well,” said Daniel Palestrant, MD, co-founder and CEO at par8o. “par8o is working to bridge the problematic gaps in EMR technology, facilitate better information sharing, and ease office workflows so that physicians have a smarter way to match patients to the right next step in their care.”

“We’ve seen an explosion in healthcare technology innovation in the last few years. With shifting demographics, policy changes and cost pressures on the healthcare system, the environment is ripe for innovation,” said Jeff Fagnan, Partner at Atlas Venture. “par8o is well positioned to usher in the change that is needed. We are looking forward to the company’s continued growth as they tackle quality, communication and cost — some of healthcare’s biggest issues today.”

par8o gives healthcare organizations a new, comprehensive view into how patients move through their facilities, enabling physicians to remain engaged in every step of the patient’s treatment. The cloud-based platform ensures transitions in care match plan design and that relevant information — such as a test result or discharge plan — are easily available. By adopting the par8o platform and streamlining transitions in care, organizations are able to match the right patient to the right resource at the right time. To date, every par8o customer has expanded their engagement with the company after experiencing initial results.

About par8o

par8o is a venture-backed, EMR-agnostic platform that creates a common point for coordinating care delivery and plan design, a technology that connects providers, payers, and patients. The par8o platform acts as a cloud-based healthcare operating system enabling all parties to improve care and optimize towards several clinical and business goals in parallel rather than to the detriment of one another. par8o helps clients succeed by applying Pareto Optimization, a powerful economic principle that succeeds because it is well suited to the complex, multi-constituency nature of healthcare. Simply put, par8o helps organizations match the right patient to the right resource at the right time. To learn more about par8o, please visitwww.par8o.com.

January 8, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Wellbe, Inc. Closes New Investment Round of $2.42 Million

Wellbe has closed on a new $2.42 million investment. The round included investments from Terrence Gibbons, former CEO of Pharmacy OneSource; Greg Baldwin, former CEO of Baxa; Mark Bakken, former CEO of Nordic Consulting; and Philip Seeger, CEO and President of Medcor, among others.

Wellbe helps hospitals adapt to new market expectations for value-driven care by leveraging patient navigation to reduce risk, improve efficiency and increase competitiveness. The cloud-based platform combines vital tools for patient engagement and care coordination to help patients and care teams achieve satisfying outcomes by actively engaging them with step-by-step guidance along their journey of care.

“I am very excited to be involved with Wellbe as they leverage the success they have had to date,” said Seeger. “Guided CarePaths will have a significant influence on the outcomes of patient procedures. It is wonderful to be involved with a talented team dedicated to changing the patient experience.”

Wellbe was recently recognized as the Patient Engagement category winner in the 2014 Fierce Innovation Awards byFierceHealthcare. Earlier this year, Butler Health System was given a CI+T Accelerator Award by Clinical Innovation + Technology for their use of Wellbe. Additionally, Avera McKennan Hospital and Wellbe were featured in the December issue of OR Manager for their innovative approach to orthopedic pain management. The recognition and visibility have helped the company double its customer base in six months.

“Healthcare is still too fragmented and complex. Visionary hospital leaders across the country transforming their organizations for value-driven care have determined that a navigated patient experience can deliver good results in reduced risk and improved efficiency,” said James Dias, CEO of Wellbe. “More importantly, our patients are extremely satisfied with their online experience. This new investment will grow our team and help spread these best practices and benefits to more patients across the industry.”

About Wellbe, Inc. (http://www.wellbe.me)
Wellbe, the inventor of the cloud-based Guided CarePath, works with health providers to engage patients as partners in their episodes of care. Our Guided CarePaths empower patients to learn and take the actions required to achieve better outcomes at lower costs. High-performing hospitals use Wellbe’s Connected Care solutions to improve the experience and efficiency of helping patients to successfully navigate their medical treatments and surgeries.

January 5, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Modernizing Medicine Closes Acquisition of Aesyntix Health, Inc.

Provider of EMA™ expands its specialty-specific product offerings with billing, inventory management and group purchasing services

Boca Raton, Fla. – Dec. 30, 2014 Modernizing Medicine, Inc., creator of the Electronic Medical Assistant® (EMA™), a cloud-based, specialty-specific electronic medical records (EMR) system, announced today that it completed an acquisition of Aesyntix Health, Inc. on Dec. 22, 2014.

Aesyntix is a privately held company based in Roseville, Calif., that serves medical practices with three specialty-specific offerings: Aesyntix Billing Solutions for revenue cycle management (RCM), Aesyntix Inventory Management (AIM) and Aesyntix Physician Network (APN), a medical group purchasing organization (GPO).

The transaction with Aesyntix will enable Modernizing Medicine to provide RCM, inventory management and a GPO to its customers in addition to EMA. The specialty RCM service combines technology that streamlines claim processing and collections, comprehensive support services and specialty certified billing managers to deliver RCM expertise to end users who select the service with EMA.

“Our new specialty-specific RCM service along with EMA can create more efficient, streamlined billing processes at the point of care to help reduce denials, monitor and maximize reimbursements, decrease the cost of collections and increase revenue for providers,” said Daniel Cane, CEO and co-founder of Modernizing Medicine. “Nearly 5,000 physicians already use EMA, and most prefer one vendor for both their RCM service and EMR system. It means there is a single source for services, systems and support plus an opportunity for greater efficiencies and cost savings when customers choose combined offerings.”

“We are excited to join forces with Modernizing Medicine; it is a win all around,” said Clark Avery, CEO of Aesyntix. “Not only will the employees be part of a rapidly growing and leading healthcare technology company with a clear mission of modernizing medicine through specialty solutions, but also our customers can benefit from the stronger combined offerings.”

About Modernizing Medicine

Modernizing Medicine® is transforming how healthcare information is created, consumed and utilized in order to increase efficiency and improve outcomes. Our flagship product, Electronic Medical Assistant® (EMA™), is a cloud-based, specialty-specific electronic medical records (EMR) system built by practicing physicians. Available as a native iPad, iPhone and Android application and from almost any web-enabled Mac or PC, EMA adapts to each provider’s unique style of practice. This ICD-10 ready EMR system is available for the dermatology, ophthalmology, orthopedics, otolaryngology, gastroenterology, rheumatology, urology and plastic and cosmetic surgery markets and used by more than 4,800 physicians in the United States and its territories. The Modernizing Medicine family of companies also provides specialty-specific billing, inventory management and group purchasing services.

December 31, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Orion Health™ Completes $125 Million IPO in New Zealand

Trading Began on NZX Main Board and ASX in November

Boston, MA – December 16, 2014Orion Health, a leading population health management company, announced that shares of Orion Health Group Limited (Orion Health, the Company) began trading on the NZX Main Board and ASX following a successful IPO that raised $125 million (NZD) which included $120 million in new capital. Strong demand for the shares from eligible institutions and the clients of NZX firms saw the shares priced at $5.70, at the top of the indicative price range of $4.30-$5.70.

“Both our new shareholders and those who have supported the company over the last 21 years clearly understand the dynamics of the health data expansion and Orion Health’s ability to deliver world class solutions that will provide better outcomes for patients, providers and those who fund healthcare services,” said Andrew Ferrier, Orion Health Chairman. “Orion Health is now equipped with the resources necessary to invest in additional research and development to capture these once in a generation opportunities for innovation.”

“Health industries in many countries are aware of the impending funding crisis they will experience in the next few years. This will be driven by aging populations – the huge increase in health data likely to flow from new devices and the demands of patients for greater control over their own healthcare,” said Orion Health Founder and Chief Executive Officer, Ian McCrae. “Orion Health is already at the forefront with solutions that are delivering benefits to 450 customers across 25 countries. We are now funded to significantly increase our research and development efforts to expand our capability and solutions for customers.”

McCrae retains 98% of his shareholding and still holds 50.3% of the company. Orion Health’s shares trade with the code OHE on both the NZX Main Board and ASX. Deustche Craigs and First NZ Capital were Joint Lead Managers for the IPO.

About Orion Health Inc.

Orion Health, a population health management company, makes healthcare information available anywhere by providing healthcare IT connectivity in nearly every U.S. state and in over 30 countries worldwide—facilitating care for tens of millions of patients every day. With an inherent ability to interconnect a wide variety of healthcare information systems, Orion Health facilitates data exchange within and among provider organizations, accountable care organizations, health plans, governments and health information exchanges, to improve care coordination, enable population health management, enhance quality of care and help reduce costs. For more information, visit www.orionhealth.com. Connect with us on Twitter, Facebook and LinkedIn.

December 16, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Virtual Care Provider Zipnosis Secures Capital Investment from Arthur Ventures

Partnership will Help Accelerate New Market Growth for SaaS Company

Minneapolis, MN (Nov. 18, 2014) – Arthur Ventures, a venture capital firm focused on software companies in the healthcare market, has invested in the seed round for SaaS start-up, Zipnosis, a simple-to-use online diagnosis and treatment option for minor health conditions (www.zipnosis.com).

Minneapolis-based Zipnosis partners with health systems across the country to power virtual care services that are white labeled. By connecting patients and local clinicians online, Zipnosis makes mainstream medicine not only affordable, but easily accessible to anyone with a web-enabled device.

According to new research by Deloitte, 75 million “virtual” doctor visits, or 1 in 6 will occur this year alone. Revenue in the telehealth services industry is expected to increase by an annualized 30.7 percent to $320.2 million in the next five years, including revenue growth of 23.1 percent in 2014, according to a new report from market researcher IBISWorld.

“We recognize the increasing role telehealth will play in improving the country’s existing healthcare landscape,” said James Burgum, managing partner of Arthur Ventures. “Arthur Ventures invests in businesses that help solve clearly defined problems by leveraging the power of technology as a business amplifier and accelerator. We believe Zipnosis is making it easier and faster to connect for care—impacting healthcare delivery in our country by improving access and increasing clinical capacity.”

“Arthur Ventures’ investment will help accelerate our exponential, organic growth over the next two years,” said Zipnosis Co-Founder and CEO Jonathan Pearce.  “Their experience growing massively successful software companies provides Zipnosis with key strategic guidance through this exciting phase of our company.”

Through the Zipnosis platform, patients can receive prompt, high-quality care for common medical conditions such as sinus infections, female bladder infections, pink eye, or cold, cough and flu through via mobile phone, computer and tablet—all for a flat-rate $25-$35 service fee payable by a credit card or health savings card.

The company’s asynchronous model ensures adherence to evidence-based medicine, while guiding connections between clinicians and patients. The platform is incredibly efficient, leading clinicians to provide diagnosis and treatment for common ailments in less than two minutes a visit.  Additionally, the platform attracts new patients to a health system, building an incremental revenue stream for hospitals without adding additional clinical headcount.

About Zipnosis:

As one of the nation’s leading virtual care providers, Minneapolis-based Zipnosis is defining digital medicine, providing virtual care for common medical conditions from the convenience of a web-enabled device. Founded in 2008, the company is continuing to improve patient care one click at a time by making it easy for patients and providers to connect online. Whether through Zipnosis.com or its white label product offered by hospital and clinic partners around the country, users can be diagnosed, treated and triaged if necessary, to the appropriate level of care—receiving infallible care in a manner that is most convenient to them. Zipnosis’ asynchronous model ensures compliance to the evidence-based clinical guidelines by more than 70 percent for many of the conditions it treats. Find out more about Zipnosis, at www.zipnosis.com, Facebook.com/Zipnosis, and Twitter.com/Zipnosis.

About Arthur Ventures:

Founded in 2008, Arthur Ventures is a venture capital firm focused on early-stage software companies. The firm has offices in Fargo, North Dakota and Minneapolis, Minnesota.  Additional information on Arthur Ventures can be found at www.arthurventures.com.

November 18, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Xerox and HealthSpot to Expand Telehealth Access in the US

Norwalk, Conn. — November 12, 2014 In a move that expands patient access to care,Xerox (NYSE: XRX) is investing in HealthSpot Inc., a pioneer in patient- and provider-driven healthcare technology. The investment enables groundbreaking telehealth to be delivered to patients in convenient locations nationwide.

Through proprietary cloud-based telemedicine software the HealthSpot® platform allows patients to interact with nationally recognized doctors. The average visit to one of HealthSpot’s fully enclosed, 40-square foot kiosks takes 15 minutes, offering patients convenient, timely access to doctors, specialists and prescriptions.

The investment from Xerox means HealthSpot can rapidly scale deployment of its kiosks and access Xerox’s relationships across the healthcare industry. Over the next five years, HealthSpot plans to deploy kiosks to retail pharmacies, large employers, long-term care centers and emergency departments throughout the nation.

“HealthSpot is at the center of healthcare’s shift to a patient-centered model of care, and our investment in the company demonstrates Xerox’s commitment to transforming traditional healthcare into a high-value delivery system for patients, providers and payers,” said Connie Harvey, chief operating officer of Commercial Healthcare for Xerox. “By combining the HealthSpot platform with our powerful brand and more than 40 years of healthcare experience, we’re helping patients unlock affordable access to care while positioning Xerox to play a significant role in the future of healthcare.”

Xerox is also partnering with HealthSpot to combine its software platform with Xerox’sbusiness process services expertise. As the exclusive BPO provider, Xerox will deliver cloud hosting, system integration, claims eligibility and claims submissions solutions. The kiosk will use Xerox’s IT infrastructure for appointment booking, as an interface to electronic health records and for insurance coordination.

“Telehealth is recognized as a solution for access, but to become a true extension of traditional healthcare requires more than just a mobile app and a videoconference with patients. We need an integrated and secure IT offering that is scalable, and our Xerox partnership will do just that,” said Steve Cashman, HealthSpot CEO. “Xerox is a dominant leader in healthcare services today, reaching two out of every three U.S.-insured patients and working with most U.S. states. Together with providers, payers and a powerful IT foundation, we will bring patients the evolution in care that they’ve long been waiting for.”
The terms of the investment were not disclosed.

# # #

About Xerox

Xerox is a global business services, technology and document management company helping organizations transform the way they manage their business processes and information. Headquartered in Norwalk, Conn., we have more than 140,000 Xerox employees and do business in more than 180 countries. Together, we provide business process servicesprinting equipment, hardware and software technology for managing information — from data to documents. Learn more atwww.xerox.com.

Xerox® Xerox and Design® are trademarks of Xerox in the United States and/or other countries.

About HealthSpot®HealthSpot® is healthcare, reimagined. A pioneer in connected care, HealthSpot has built a comprehensive healthcare delivery platform that combines cloud-based software with the award-winning HealthSpot station, digital medical devices and mobile applications. HealthSpot’s platform radically transforms today’s healthcare system by enabling the delivery of quality, affordable medical care through a diverse professional care network for patients in efficient, convenient locations like pharmacies, hospitals, clinics, employer and community sites, universities and the home. For more information on HealthSpot, go to www.healthspot.net.

The HealthSpot name and logo are registered marks of HealthSpot Inc. 

November 12, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Modernizing Medicine Closes First $15M Tranche of Expected $20M Round of Funding

New round of funding led by Summit Partners and Pentland Group is expected to support product development, market expansion and company growth

Boca Raton, Florida – November 11, 2014 – Modernizing Medicine, Inc., the creator of the Electronic Medical Assistant® (EMA™), a cloud-based, specialty-specific electronic medical record (EMR) system, announced that it has closed on approximately $15M of an expected $20M funding round. The latest funding comes from existing investors, led by Summit Partners and Pentland Group, many of whom are medical specialists who use EMA.

“At Modernizing Medicine we believe that properly captured and leveraged health data has the power to increase efficiency, improve patient outcomes and transform healthcare,” said Daniel Cane, CEO and co-founder of Modernizing Medicine. “This latest round of funding reinforces that belief and the strength of our market-differentiating products and services. With the investment we intend to continue focused development in the surgical-specialties, while also committing resources for development in telemedicine, IBM Watson and mobile applications.”

Developed by surgical physicians, EMA contains built-in specialty-specific medical knowledge and workflows. It can be accessed via the Internet virtually anywhere and at any time. This flexible format, combined with EMA’s touch-screen interface and advanced ICD-10 capabilities, gives providers the freedom they need to focus on their patients with the reassurance that charting plus coding for billing can be completed at the point of care.

Currently serving eight different medical specialties, more than 4,000 providers have adopted Modernizing Medicine’s EMA in their practices.

“Healthcare professionals need tailored technologies that make it easy not only to manage but also benefit from the exploding amounts of patient data,” said Michael Sherling, MD, Modernizing Medicine’s co-founder and chief medical officer. “In a relatively short time, we have developed a solution that does just that, enabling us to capture substantial market share and emerge as a physician-favorite EMR system. In the dermatology specialty alone, more than 26 percent of U.S. dermatologists now use EMA.”

Modernizing Medicine continues to be recognized for its exceptional culture, leadership and growth. The company expects its employee base to continue to grow with approximately 100 new positions being created in the next 12-18 months. Co-founders Cane and Sherling were recently honored with the Leadership in Health Care Award by the U.S. Chamber of Commerce. The company was also named in Red Herring’s Top 100 North America list, which recognizes the top private companies across the continent that are expected to achieve significant growth in the near future.

About Modernizing Medicine

Modernizing Medicine® is transforming how healthcare information is created, consumed and utilized in order to increase efficiency and improve outcomes. Our product, Electronic Medical Assistant® (EMA™), is a cloud-based, specialty-specific electronic medical record (EMR) system with a massive library of built-in medical content. Available as a native iPad application or from almost any web-enabled Mac or PC, EMA adapts to each provider’s unique style of practice and is designed to interface with hundreds of different practice management systems. Today, Modernizing Medicine provides specialty-specific offerings for the dermatology, ophthalmology, orthopedics, otolaryngology, gastroenterology, rheumatology, urology and plastic and cosmetic surgery markets and to more than 1,400 physician practices across the country.

November 11, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Qualcomm and The George Institute for Global Health Establish the China Center for mHealth Innovation

New Initiative Designed to Support the Development of Community Healthcare and Contribute to Mobile Health Innovation in China

Qualcomm Incorporated, through its Qualcomm® Wireless Reach™ initiative, and The George Institute for Global Health, a not-for-profit medical and healthcare research organization dedicated to improving global health, today announced that they are collaborating on the creation of the China Center for mHealth Innovation (CCmHI) to support the Chinese central government’s goal, as stated in the Twelfth Five Year Plan (2011-2015), of improving community healthcare in China.

Hosted by The George Institute for Global Health at Peking University Health Science Center and funded by Qualcomm Wireless Reach, CCmHI is positioned to become a world-class center for mobile health (mHealth) innovation. Working with central and provincial governments, CCmHI will help improve community healthcare in China by developing mHealth solutions, implementing clinical evaluations and contributing to strategies for the implementation and scale-up of effective and affordable mHealth tools.

CCmHI’s main priorities are to:

  • Build Chinese capacity in digital healthcare development and evaluation, including providing opportunities for student internships and fellowships.
  • Develop and evaluate mHealth platforms designed to provide community healthcare workers with evidence-based, personalized guidance about the care of individual patients.
  • Target the 10 leading causes of premature death and disability in China.
  • Provide solutions that are effective in both urban and rural settings.
  • Assist with the integration of mHealth strategies into national and provincial policies and guidelines.
  • Support the development and expanded use of mHealth technologies globally.

Initially, CCmHI will conduct a landscape analysis of digital health policies, laws, standards, programs and research activities in China, all of which will inform CCmHI’s pilot and flagship research efforts. CCmHI aims to develop and field test at least one mHealth program for chronic disease management in its first year, which will lead to larger scale mHealth programs in future years.

China’s Twelfth Five Year Plan (2011-2015) prioritizes the development of affordable, quality, and accessible healthcare for the entire population. CCmHI will contribute to this goal through the development of innovative mobile technology solutions designed to improve community healthcare services. CCmHI aims to support the central government’s deepened commitment to healthcare reform in the Third Plenum late last year, which includes improving technological advancement and development of the healthcare field and strengthening healthcare professionals’ capacity.

With the rapid expansion of mobile internet connectivity across China, the potential exists to affordably create and link sophisticated digital health systems for healthcare workers, electronic health records, point-of-care diagnostics and systems that will enable regional health authorities to monitor and manage the quality and outcomes of community healthcare. Combined with consumer applications that provide tools for self-care using secure data transfer to a cloud-based server, these new digital health systems can enable solutions to healthcare delivery obstacles.

“The George Institute is proud to collaborate with Qualcomm in the establishment of CCmHI as a world-class center for mHealth innovation,” said Stephen MacMahon, Principal Director of The George Institute for Global Health and Honorary Professor of Public Health at the Peking University Health Science Center. “There is a pressing need for fresh approaches to community healthcare in China and globally, particularly in resource-poor areas. CCmHI will address this need by developing new mHealth strategies designed to improve care for individuals at high risk of stroke and other prevalent causes of premature death and disability.”

“Qualcomm appreciates the opportunity to work with The George Institute to help advance community healthcare in China,” said Steve Mollenkopf, chief executive officer, Qualcomm Incorporated. “Since 2006, Wireless Reach has led programs that leverage advanced wireless technologies to achieve economic and social impact in underserved areas throughout China. To date, these programs have directly or indirectly benefitted nearly 850,000 people. Our investment in CCmHI is part of our continuing commitment to improve the lives of Chinese citizens and contribute to the creation of an innovation-based economy in China.”

About The George Institute for Global Health and George Institute China

The George Institute for Global Health is a non-profit medical and healthcare research organization with a mission to improve the health of millions of people worldwide by providing the best evidence to guide critical health decisions, engaging with decision-makers to enact real change, targeting global epidemics – particularly of chronic diseases and injury – and focusing on vulnerable populations in both rich and poor countries. Established in 1999 in Australia and affiliated with The University of Sydney, the Institute today has 4 centres in Australia, China, India and the United Kingdom. It is affiliated with Peking University Health Science Center in China, the University of Hyderabad in India and the University of Oxford in the United Kingdom.

The establishment of the China-Australia Partnership for Health in 2004 marked the beginning of the Institute’s development in China. The George Institute for Global Health China was officially launched in 2007, and in 2012 it was designated an official affiliate of PUHSC.  Today the Institute is one of China’s leading independent health research organizations working in partnership with governments, universities, hospitals and healthcare centres across China.

Globally, The George Institute has projects in more than 50 countries, has raised more than $500 million for global health research, and has been ranked among the top 10 research institutions in the world for scientific impact by the SCImago Institution Rankings World Report in 2011-2013.

About the Qualcomm® Wireless Reach™ Initiative

Qualcomm® Wireless Reach™ is a strategic initiative that brings wireless technology to underserved communities globally. Wireless Reach invests in projects that foster entrepreneurship, aid in public safety, enhance the delivery of health care, enrich teaching and learning and improve environmental sustainability. Formalized in 2006, Wireless Reach has grown to include 105 projects in 40 countries that use advanced wireless technologies to advance social and economic development. To learn more about the Wireless Reach initiative, please visit our website

November 10, 2014 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.