Free EHR, EHR and Healthcare IT Newsletter Want to receive the latest updates on EHR, EMR and Healthcare IT news sent straight to your email? Get all the latest EHR News for FREE!

Caremerge Raises $14 Million in Second Institutional Round Led By Insight Venture Partners As Value Based Care Takes Shape In Post-Acute Care

CHICAGO, IL July 13, 2016Caremerge, the revolutionary industry pioneer paving the way for care coordination and communication solutions to bridge care gaps across the care continuum and get providers ready for value-based care, today announces a $14 Million investment led by Insight Venture Partners, with participation from previous investors Grażyna Kulczyk, Cambia Health Solutions, Ziegler LinkAge Longevity Fund, GE Ventures, and Arsenal Venture Partners.

The capital enables Caremerge to fund their continued and exponential growth and expansion in the post-acute care market by leveraging its transformative cross-enterprise workflow automation technology to break healthcare information silos – put simply to get the right information at the right time to the right provider so the right decision can be made for the best possible outcome.

In 2016, Caremerge evolved its offerings in order to better prepare post-acute care providers for the value-based care model. The person-centered Caremerge platform acts as a connector across the entire continuum, bringing together many stakeholders including hospitals, MCO’s, ACO’s, physicians, other long-term care providers, families and seniors/patients, to collaborate more proactively for best outcomes and peace of mind.

The investment round sees new additions to the Caremerge Board of Directors. Harley Miller, Vice President at Insight Venture Partners and Dan Hermann, Senior Managing Director and Head of Investment Banking at Ziegler will join the board of directors.

“We are excited to become part of the Caremerge story, we share the same belief that the next era of healthcare, driven by value-based care (ACA) requires a simple, yet flexible platform capable of breaking healthcare silos while placing the patient at the center, and allowing for cross-enterprise workflow automation” said Harley Miller, Vice President, Insight Venture Partners.

Asif Khan, Caremerge’s CEO and co-founder, said: “We’re delighted to welcome Insight Venture Partners into the Caremerge family. Insight has tremendous expertise in scaling SaaS companies and we look forward to harnessing all Insight has to offer and exponentially growing Caremerge together”.

Caremerge’s care coordination platform helps providers on many fronts with tailored solutions to support them on their journey from volume to value-based care.  Caremerge offers Totally Connected Care:

  • Clinical & Compliance Solutions
  • Life Enrichment & Engagement Solutions – patients, families, and providers
  • OPEN API integrations for full interoperability, especially with many leading EHRs
  • CMS Value-Based Care Solutions
  • Hospital discharge and patient tracking into post-acute care

# # #

About Caremerge:

Caremerge forges meaningful connections among providers, families and seniors seeking to improve communication in today’s complex healthcare environment, while meeting value-based care requirements.  With a transformative, easy-to-use cloud-based care coordination network, Caremerge connects the entire care team to streamline cross-enterprise workflows among providers, engage families and patients and improve overall wellness resulting in reduced costs, enhanced experiences and more positive outcomes. To learn more, visit

About Insight Venture Capital Partners:

Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $13 billion and invested in more than 250 companies worldwide. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. For more information on Insight and all of its investments, visit or follow us on Twitter: @insightpartners.

About Arsenal Venture Partners:

Arsenal Venture Partners is a multi-stage venture capital firm that invests at the intersection of government, large corporations, and emerging technology companies. We partner with visionary entrepreneurs to build exceptional businesses in the healthcare, commerce and logistics, enterprise, and resource efficiency sectors. We foster relationships through our unique network and nearly fifteen years of experience working with, among others, the Department of Defense, Veterans Administration, United States Post Office, and Fortune 500 companies. Arsenal Venture Partners has twenty-two investment professionals in four offices across the United States.

About Cambia Health Solutions:

Cambia Health Solutions, headquartered in Portland, Oregon, is a nonprofit total health solutions company dedicated to transforming health care by creating a person-focused and economically sustainable system. Cambia’s growing family of companies range from software and mobile applications, health care marketplaces, non-traditional health care delivery models, health insurance, life insurance, pharmacy benefit management, wellness and overall consumer engagement. Through bold thinking and innovative technology, we are delivering solutions that make quality health care more available, affordable and personally relevant for everyone. To learn more, visit

About GE Ventures:

GE (NYSE: GE) (<>) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry.<>

About Grażyna Kulczyk:

Grażyna Kulczyk is a noted investor, art collector and philanthropist. Ms. Kulczyk invests in innovative, entrepreneurial startups that directly work to serve the needs of society with simple technology that has the potential to scale globally. Her diverse portfolio includes medical, media and advertising startups.

About Ziegler:

Ziegler is a privately held investment bank, capital markets, wealth management and alternative investments firm. Specializing in the healthcare, senior living, education and religion sectors, as well as general municipal and structured finance, enables us to generate a positive impact on the communities we serve. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, equity and fixed income sales & trading, wealth management and research.

About Ziegler LinkAge Longevity Fund:

The increasing aging population of the United States presents an attractive investment opportunity, given the size, growth and complexity of needs of this population within a continually evolving healthcare system. While the current venture capital and start-up market generally has a broad focus across the landscape of acute healthcare providers, this fund takes a concentrated approach by investing in companies that serve the Longevity Economy. The fund sponsors, Ziegler and Link-Age, leverage their domain knowledge and relationships to find attractive investment opportunities through an investment management team with relevant experience in the space. The objective of the Fund is to achieve long-term capital appreciation by making equity and equity-like (including convertible debt) investments in early to mid-stage, emerging-growth companies that operate in or develop businesses focused on the Longevity Economy.

July 13, 2016 I Written By

John Lynn is the Founder of the blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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 and 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

January 8, 2015 I Written By

John Lynn is the Founder of the blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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 and John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

HIMSS Analytics to launch global Continuity of Care Maturity Model

Burlington, VT (February 20, 2014) – HIMSS Analytics is pleased to introduce the Continuity of Care Maturity Modeltm, a global model that addresses the importance of information exchange, care coordination, interoperability, patient engagement and analytics with the ultimate goal of holistic individual and population health management.

For the purpose of this model, continuity of care is concerned with the integration, coordination, sharing and usage of information between providers, government, individuals and others resulting in enhanced care delivery and improved patient outcomes.

With seven stages that align with the HIMSS Analytics Electronic Medical Record Adoption Modelsm (EMRAM), this model evaluates technology implementation and usage, data collection and analytics, and patient empowerment in optimizing clinical and financial outcomes.

HIMSS Analytics will be hosting a session during annual conference on Tuesday, February 25th at 8:30 a.m. During this session, John Hoyt, HIMSS Analytics Executive Vice President, will:

  1. Detail the seven stages and associated criteria of this new HIMSS model and how it can drive transformation in individual and regional health systems globally.
  2. Describe how the model demonstrates the effective use of IT with care coordination, patient/consumer engagement, information exchange, interoperability, analytics and the overall management of the health of individuals and populations.
  3. Discuss how to optimize outcomes for health systems and patients through alignment with this model.

“We are excited to be able to present the industry with a maturity model that encompasses a holistic approach to healthcare,” said Hoyt. “This is the direction the market is headed and we are happy to provide a tool healthcare delivery organizations and governments can use to gauge their progress towards a more efficient care delivery approach.”

For more information or to add the education session to your calendar, visit

About HIMSS Analytics

HIMSS Analytics collects, analyzes and distributes essential health IT data related to products, costs, metrics, trends and purchase decisions.  It delivers quality data and analytical expertise to healthcare delivery organizations, IT companies, governmental entities, financial, pharmaceutical and consulting companies. Visit

HIMSS Analytics is a part of HIMSS, a cause-based global enterprise that produces health IT thought leadership, education, events, market research and media services around the world. Founded in 1961, HIMSS encompasses more than 52,000 individual members, of which more than two-thirds work in healthcare provider, governmental and not-for-profit organizations across the globe, plus over 600 corporate members and 250 not-for-profit partner organizations, that share this cause. HIMSS, headquartered in Chicago, serves global health IT communities with additional offices in the United States, Europe, and Asia.

February 20, 2014 I Written By

John Lynn is the Founder of the blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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 and John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Online Learning for Health Informatics Simplified

CHICAGO (February 21, 2012)  – Many people prefer the option of virtual learning, especially busy healthcare professionals, interested consumers, faculty and students who want to better understand health informatics, but need a flexible and on-demand environment easily adaptable to their own schedules.

Now, the Technology Informatics Guiding Education Reform – known as TIGER – introduces its Virtual Learning Environment. The TIGER Initiative Foundation’s Virtual Learning Environment (VLE) provides an interactive web-based learning opportunity with  resources and information about health IT and related topics for health professionals and consumers.

Online learners can find out more about topics in an interactive environment with ongoing updates and resources. Topics covered include:

  • electronic health records,
  • usability,
  • clinical decision support,
  • health information exchange,
  • care coordination,
  • meaningful use,
  • standards and interoperability,
  • consumer health information,
  • mobile health,
  • privacy and security,
  • health IT and nursing practice, and
  • other related topics.

This convenient format provides real-time accessibility to online content through a variety of formats, including webinars by industry experts, in-depth education sessions, fact sheets, white papers, and other educational materials. All materials can be accessed on the VLE site and downloaded into a virtual briefcase.

“The TIGER Initiative Foundation brings together interested professionals to develop a shared vision, strategies and specific actions for improving nursing practice, education, and the delivery of patient care through the use of health IT.  Through a collaborative effort, this group studied both the benefits and challenges of a virtual learning environment, a process that resulted in the introduction of this new educational platform,” says Sally E Schlak, RN, MBA, Senior Director, TIGER Initiative Foundation.

Go to to learn more and access the TIGER Virtual Learning Environment.


TIGER was formed in 2004 to bring together stakeholders to develop a shared vision, strategies and specific actions for improving nursing practice, education, and the delivery of patient care through the use of health information technology (HIT). With support from over 70 contributing organizations and a grant from the Robert Wood Johnson Foundation in 2006, TIGER Phase II emerged with over 1,500 volunteers in many collaborative working groups.  In July 2011 the TIGER Initiative Foundation was formed as a 501(c) (3) organization operating for charitable, educational and scientific purposes.

February 23, 2013 I Written By

John Lynn is the Founder of the blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 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 and John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

New Health IT Initiative to Make NYS a Hub for High-Tech Jobs

The New York eHealth Collaborative along with the New York City Investment Fund and the NYS Department of Health, launched the New York Digital Health Accelerator(NYDHA) to fund 12 early- and growth-stage companies that are developing cutting-edge technology products in care coordination, patient engagement, analytics, and message alerts for healthcare providers.

The 9 month program will provide up to $300,000 of funding per company from a syndicate of leading venture capital and strategic investors, along with direct mentorship and feedback from senior-level executives at a broad network of provider organizations in New York State.

Eighteen highly influential healthcare provider organizations are participating in the program, including New York Presbyterian, NYU Medical Center, Albany Medical Center, and the New York City Health and Hospitals Corporation.

NYeC, NYC Investment Fund and the DOH Join Forces to Create Digital Health Accelerator

$4.2M Program to Encourage Health IT Innovation and Create 1,500 New Jobs in New York

New York, NY – Today the New York City Investment Fund (NYCIF) joined the New York eHealth Collaborative (NYeC) and the NYS Department of Health (DOH) to launch the New York Digital Health Accelerator (NYDHA), a program that will make New York a hub for the emerging digital health technology industry. Visit for frequent updates.

The NYDHA is run by NYeC and NYCIF, which is the economic arm of the Partnership for New York City, the city’s pre-eminent business leadership coalition. In upcoming months the program will choose 12 early- and growth-stage companies that are developing cutting-edge technology products in care coordination, patient engagement, analytics and message alerts for healthcare providers. Each chosen company will be awarded up to $300,000 along with invaluable mentoring from senior-level executives at leading hospitals and other providers in New York. The focus areas of innovation will support the development of products that help the state’s Medicaid Redesign Team and its new “Health Homes” program, an initiative intended to make the state’s treatment of Medicaid patients more coordinated and efficient.

“Health information technology is helping us transform our healthcare system to provide high-quality, cost-efficient, and patient-centered care for the 21st century,” said New York State Health Commissioner Nirav R. Shah, M.D., M.P.H. “The Digital Health Accelerator program will further advance New York’s national leadership in health IT as it will attract leading-edge companies at the forefront of developing the technology necessary for robust electronic health records and digital care coordination systems.”

“When the government and the private sector work hand-in-hand to encourage business growth in our state we see results. This Accelerator will help New York keep and attract businesses that grow our state’s economy and create jobs in our communities,” said Maria Gotsch, President and CEO of NYCIF. “Our initial investment will go a long way towards attracting additional investment into New York.”

“The economy and healthcare are the two most important issues facing the state, and the New York Digital Health Accelerator will allow us to tackle them both at once,” noted David Whitlinger, Executive Director of NYeC. “This initiative represents the best kind of marriage between the public and private sectors. We are leveraging New York’s investment in our statewide health information exchange network and empowering it with the free market.”

The NYDHA’s unique feature is that it offers participants the opportunity to engage directly with a broad network of providers in New York State, including hospitals, long-term care providers, community health centers, and primary care providers. Tech companies accepted into the program will receive direct mentorship and feedback from senior-level executives with the participating providers. In addition, companies will have priority access to the technology platform that is connecting electronic health records across New York State, the Statewide Health Information Network of New York (SHIN-NY).

An application for this program, and more information, is available at An informational session for companies interested in participating will be held on May 10, 2012 in New York City. Applications for the NYDHA program are due June 1, 2012.

With its initial investment of $4.2 million, the NYDHA program will create approximately 1,500 jobs over five years. In addition, it is expected that the companies will attract upwards of $150 million to $200 million in investment from the venture capital community post-program. The NYDHA will stimulate a new marketplace, creating the next generation of healthcare tools while positioning New York as the capitol of the health IT entrepreneurial sector.

The investment capital will be provided by a syndicate of investors, including Aetna, Milestone Venture Partners, New Leaf Venture Partners, New York City Investment Fund, Quaker Partners, Safeguard Scientifics, and UnitedHealth Group. The Empire State Development Corporation, Health Research Inc., and NYeC will provide additional funds and/or services to operate the NYDHA.

18 leading healthcare providers have agreed to participate in the program:
-Albany Medical Center
-Catholic Health System
-Community Healthcare Network
-Continuum Health Partners
-Ellis Medicine
-FEGS Health and Human Services System
-Finger Lakes Community Health
-Hometown Health Centers
-Hudson Valley Initiative
-Institute for Family Health
-Maimonides Medical Center
-NYC Health and Hospitals Corporation
-New York-Presbyterian Hospital
-North Shore LIJ Health System
-NYU Langone Medical Center
-Stony Brook University Medical Center
-Visiting Nurse Service of Schenectady and Saratoga Counties
-Winthrop University Hospital

“Aetna is strongly committed to advancing healthcare information technology that will connect the healthcare system to help improve quality and outcomes,” said Lonny Reisman, M.D., Aetna’s Chief Medical Officer and a member of board of the New York eHealth Collaborative. “The convergence of health IT and healthcare expertise will be extremely critical and powerful in making healthcare more effective, convenient and affordable for everyone. Aetna has been actively involved in NYeC since its inception, and we are pleased to support this important initiative.”

“Albany Medical Center welcomes this important initiative that will help develop innovative approaches to improving patient outcomes at lower costs while helping to attract healthcare entrepreneurs to New York State,” noted James J. Barba, President and CEO. “Albany Med has long recognized that the type of collaboration this project is building between healthcare providers, government and the private sector will be the key to reforming our healthcare system.”

“Entrepreneurs require access to potential customers as much as they require access to capital,” said Todd Pietri, co-founder and General Partner of Milestone Venture Partners. “The New York Digital Health Accelerator is the first accelerator program we have seen which provides direct access to key decision makers at potential customers.”

“New York City is the place for the creation of next generation digital health companies. The combination of the digital alley talent, the deep healthcare infrastructure of the state and the availability of venture funding is truly unique,” said Philippe Chambon, Managing Director of New Leaf Venture Partners. “This accelerator effort will help us build further the IT tools that healthcare truly needs. New Leaf Venture Partners is honored to be part of the New York Digital Health Accelerator.”

“Quaker Partners is excited to participate in the NY Digital Health Accelerator program. New York is leading the way in healthcare innovation by bringing together hospitals, medical providers, payers, and investors with its rapidly growing Silicon Alley,” said Adele C. Oliva, Partner at Quaker Partners. “Quaker believes that this integrated approach will catalyze entrepreneurship and deliver the revolutionary technology the healthcare system requires to improve care and reduce costs.”

“We are looking forward to becoming a part of the New York Digital Health Accelerator,” said Gary J. Kurtzman, MD, Managing Director at Safeguard Scientifics. “New York is forging an unprecedented path by pulling together investors, hospitals, and other healthcare advisors to collaborate and offer healthcare IT start-ups access to capital, mentorship and expert insights to help them effectively grow their business.”

“Innovation is a key driver in helping make the health system work better for everyone,” said Tom Vanderheyden, Vice President, Emerging Businesses Group at UnitedHealth Group. “We believe the New York Digital Health Accelerator model will help bring practical solutions to market in a significantly shorter timeframe.”

“New health information technologies will help people get better care. Here in the Capital Region, the Visiting Nurse Service of Schenectady and Saratoga Counties, Ellis Medicine and Hometown Health Center are already working with other healthcare and social service organizations and physicians to ensure that we provide each person with the right care at the right time—and having the right information will help us do that,” stated Joseph Twardy, President and CEO, Visiting Nurse Service of Schenectady and Saratoga Counties.

May 1, 2012 I Written By

Diversinet Formally Names Dr. Hon Pak as CEO

Secure mHealth leader Diversinet Corp. announced today that Dr. Hon Pak has been formally named CEO after holding that position on an interim basis. He also has joined the company’s Board of Directors.

A healthcare IT innovator, Dr. Pak previously served as the first physician CIO of the U.S. Army Medical Department and president of the American Telemedicine Association, among many distinguished roles.

Below you will find his views on the need for care coordination and the new direction he sees for Diversinet in that area.

Visionary Healthcare IT Executive Discusses Company’s Mobile Solution for Care Coordination

TORONTO, Feb. 14, 2012Diversinet Corp. (TSX Venture: DIV, OTCBB: DVNTF), a leader in secure mobile health, announced today that its Board of Directors has formally appointed Dr. Hon Pak as the company’s Chief Executive Officer.

Dr. Pak, who had been serving as the interim CEO since December 2011, was also appointed to the company’s Board of Directors. Prior to his role as interim CEO, he was a member of Diversinet’s executive advisory board since September 2011.

“Having Dr. Pak join Diversinet as the full-time CEO is a game changer for the company,” said Alan Portela, a Diversinet director and CEO of Airstrip Technologies. “Hon’s credibility, experience and leadership in steering the IT transformation of the U.S. Army Medical Department along with his new focused vision will make Diversinet a more significant player in mobile health.”

After a distinguished 28-year career with the U.S. Army, Pak, now 48, brings to Diversinet accomplishments including appointments as the first physician Chief Information Officer of the U.S. Army Medical Department as well as the Army’s first Chief Medical Information Officer. In addition, he has held prestigious positions outside the Army, such as president and board member of the American Telemedicine Association. He is a distinguished graduate of the United States Military Academy, and he holds a medical degree from the Uniformed Services University of Health Sciences. He is also a fellow of the American Board of Dermatology.

Pak commented, “Healthcare is becoming unsustainable, and changes are now in place that will impact the landscape of how healthcare will be delivered.” Pak cited shifting market forces, such as the rising costs of healthcare that are prompting the overall industry to re-evaluate its current models. New models, such as the patient-centered medical home and accountable care, represent new ways to bring about a more patient-centered and systems-based approach that improves the value of healthcare with a focus on wellness and prevention. Pak believes that fundamental to this shift is a focus on patient engagement and care coordination. He stated, “Providers can no longer provide episodic care, but they are now responsible for leading a team responsible for coordinating and managing all of a patient’s care.”

Pak accepted the permanent CEO role with Diversinet because of its proven core secure mobile platform and his conviction that mobile devices will be critical to healthcare. “In the past 60 days as interim CEO, I have had the time to validate our technology and assess the market potential for Diversinet,” said Pak. “Our technology is much more than mobile security. The core technology has the components to support and enable care coordination through mobility, and we are now developing a marketing and technology strategy to become a dominant player to mobilize care coordination.”

Diversinet intends to launch a new strategic direction leveraging its patented, award-winning MobiSecure® technology. Components include a Care Coordination Engine, providing configure once-deploy many capability for clients that need a HIPAA-compliant tracking/case management tool to empower consumers/patients and providers/staff. Diversinet also has a MobiSecure Security SDK for clients (with existing mobile applications or platforms) that need to manage PHI and security.

Pak simply believes that Diversinet “Powers Care Coordination Through Mobility.”

Under the terms of the employment agreement, Dr. Pak has been issued stock options to purchase up to 1,400,000 common shares of Diversinet Corp. exercisable at U.S.$0.30 per common share for a five-year term. The exercise of these options is subject to approval of an increase in the number of shares reserved under the stock option plan by shareholders at the next meeting of shareholders. Assuming such approval, there would be 8,984,362 common shares reserved for issuance in respect of available stock options under the plan.

About Diversinet

Diversinet Corp. (TSX Venture: DIV, OTCBB: DVNTF) provides patented and proven secure products that enable healthcare organizations to rapidly deploy HIPAA-compliant mobile healthcare (mHealth) applications to power care coordination. Learn more about Diversinet at

February 15, 2012 I Written By