SpiderOak Mission Systems Adds Recognized Industry Leaders to Federal Advisory Board

New board to guide SpiderOak in setting new standard for secure communications and collaboration in federal marketplace


Jul 29, 2020, 13:59 ET

WASHINGTON, July 29, 2020 /PRNewswire/ — SpiderOak Mission Systems, providers of cryptographically-secure communication and collaboration products, announced today the formation of the company’s Federal Advisory Board.  Composed of thought leaders from civilian, defense, and intelligence agencies, the board features Lieutenant General Ken Tovo, U.S. Army (Retired), Counterterror and Cyber Security expert Nancy Dillman, and internationally renowned political scientist and management scholar Professor Daniel Diermeier.

This news is just another benchmark in SpiderOak’s effort to strengthen its defense- and intelligence-industry expertise. The new board members will be instrumental in helping the company best align the capabilities of their secure communication and collaboration product suite (CrossClave) and new in-the-works solutions that address trusted application development and secure management of spacecraft and payloads to ensure they align with the requirements of the federal government’s most sensitive information-sharing environments.

CrossClave is a modern productivity suite designed from the ground up with security-first principles, not as an afterthought. CrossClave gives users absolute confidence in the safety and integrity of their most sensitive data across trusted and untrusted networks alike. Leveraging a unique combination of No-Knowledge encryption and Distributed Ledger (i.e., private blockchain) technologies, CrossClave eliminates entire categories of cyberattacks, reducing the attack surface and the subsequent vulnerabilities attackers can exploit.

We are honored and excited that Lieutenant General Tovo, Ms. Dillman and Mr. Diermeier, will officially be joining SpiderOak’s newly created Federal Advisory Board,” said Dave Pearah, President and CEO of SpiderOak Mission Systems.  Their positions are effective as of August 1st, 2020 and have already begun advising this disruptive company.

This announcement builds on SpiderOak’s ongoing strategy of growing its federal market presence and helping DoD and intelligence clients address some of the industry’s most complex security challenges. “It is essential for us to find proven leaders who not only share our perspective on security but have the mission experience to validate the need for it.  Lt. Gen. Tovo, Ms. Dillman, and Mr. Diermeier will help the executive team build on our investments and guide us to the next level,” said Mike Campanelli, SpiderOak VP of Federal.  “I am confident that these are the leaders to get us there.”

United States Army Lieutenant General (Retired) Ken Tovo joins SpiderOak after serving as Commanding General of the United States Army Special Operations Command (USASOC).  “I think what SpiderOak is doing with No-Knowledge Encryption and Distributed Ledger is a real game changer for secure information exchange in field,” said General Tovo. “The possible applications are exciting, and I look forward to directing them where they can be of the most benefit.”  Tovo was graduated from the United States Military Academy in 1983. He served as Deputy Commander, U.S. Southern Command; Commander, Special Operations Command Central; Deputy Commanding General, Special Operations Command Europe; Chief of Staff, U.S. Army Special Operations Command; and Commanding General, Combined Security Transition Command-Afghanistan and NATO Training Mission-Afghanistan.

Lt. Gen. Tovo is joined by Ms. Nancy Dillman who most recently served as an Operations Officer at the Central Intelligence Agency, specializing in denied-area tradecraft techniques, along with counterintelligence (CI) and counterterrorism (CT).  “The challenges facing secure communication and collaboration in military operations are at a completely different level than in commercial settings,” said Ms. Dillman.  “SpiderOak’s Zero-Trust approach is specifically designed to operate in these contested environments, and I look forward to helping them get this capability into the hands of people who really need it.”  Before joining SpiderOak, Ms. Dillman’s last overseas tour took place in Afghanistan, where she handled sensitive CI and CT accounts. Following her public service, Ms. Dillman set out to develop data-analytic products that would offer real-world solutions to USG clients.  She became the majority owner and CEO of Rsignia Inc. in 2015, and after having successfully built the company, Ms. Dillman oversaw and led the acquisition of Rsignia by FedData Holdings in 2019. 

Professor Daniel Diermeier, an internationally renowned political scientist and management scholar, also joins the Federal Advisory Board.  “From a business perspective, it’s been interesting watching the rapid shift to telework over the past few months,  specifically how it has exposed a massive security blind-spot in many of the products organizations rely on to facilitate the remote workplace,” stated Diermeier.  “SpiderOak’s security-first design principle eliminates this blind spot and brings enterprise level security to the home office.” Daniel was recently elected Vanderbilt University’s ninth chancellor, beginning his term on July 1st, 2020.  A member of the American Academy of Arts and Sciences and a Guggenheim fellow, Diermeier also served as the provost at the University of Chicago, where he was recognized as the David Lee Shillinglaw Distinguished Service Professor and as dean of the Harris School of Public Policy.

SpiderOak is looking forward to how Lt. Gen. Tovo, Ms. Dillman, and Professor Diermeier can guide and accelerate the company’s objective in driving a new standard for secure communications and collaboration within the DoD and intelligence communities. The advisory board will be structured to help with SpiderOak’s direct operation and keep the company up to date on various business, regulatory, and federal trends and the potential impact on the company and clients.

About SpiderOak Mission Systems

As network environments have become increasingly contested, the defensive capabilities of most software products have not kept pace with the attackers. SpiderOak is on a mission to protect the world’s data via secure communication and collaboration products and solutions. Our offerings leverage Zero-Trust distributed data enclaves to ensure the confidentiality, integrity, and availability of our clients’ most sensitive data in any environment. From explicit entitlements in mobile applications to process sandboxing in web browsers, SpiderOak employs a constructional design philosophy where security is built into our products from the ground up.

For more information about SpiderOak Mission Systems, join us for our August 6th SpiderOak/CarahSoft webcast, “Blockchain And Distributed Ledger: Not Just for Cryptocurrency Anymore!”  contact the SpiderOak team at 703-673-9037 or e-mail Caroline.Malaby@carahsoft.com.

mPulse Mobile Announces Closing of Series C Funding of more than $16 Million, Led by Optum Ventures

PR Newswire August 11, 2020

New investment will support mPulse Mobile’s engagement and outcomes strategy through Conversational Artificial Intelligence

LOS ANGELES, Aug. 11, 2020 /PRNewswire-PRWeb/ — mPulse Mobile, a leader in Conversational Artificial Intelligence (AI) solutions for the healthcare industry, today announced more than $16 million in funding. The round was led by Optum Ventures and includes existing investors HLM Venture Partners, OCA Ventures, SJF Ventures, Echo Health Ventures and Rincon Ventures.

Powering more than 300 million personalized, automated consumer healthcare conversations annually, mPulse Mobile’s solutions help consumers and healthcare organizations achieve better health outcomes by increasing engagement and improving communication through meaningful, tailored conversations. mPulse combines behavioral science, artificial intelligence and an enterprise-grade platform to assist healthcare organizations guide consumers to adopt healthy behaviors.

mPulse Mobile has more than a decade of healthcare consumer engagement experience, serving more than 100 healthcare organizations. The Series C investment will help mPulse Mobile further enhance solutions that deliver positive consumer experiences on behalf of its customers.

“We are excited to have the support of Optum Ventures and all of our current investors as we execute on our strategic roadmap to improve health outcomes for consumers and our customers through improved communications,” said Chris Nicholson, CEO of mPulse Mobile. “This new investment recognizes that scale and solution performance are key factors in successfully engaging consumers in their healthcare, and we will use it to expand our consumer conversational AI capabilities, enhance our client engagement analytics platform and expand our engagement solutions across healthcare verticals.”

“mPulse Mobile enables valuable connections between healthcare organizations and consumers, while addressing a significant market need for better experiences,” said Laura Veroneau, Partner, Optum Ventures. “We believe mPulse’s innovative approach to consumer engagement can play a key role in improving health outcomes and lowering the total cost of care.”

About mPulse Mobile
mPulse Mobile, the leader in Conversational AI solutions for the healthcare industry, drives improved health outcomes and business efficiencies by engaging individuals with tailored and meaningful dialogue. mPulse Mobile combines behavioral science, analytics and industry expertise that helps healthcare organizations activate their consumers to adopt healthy behaviors. With over a decade of experience, 100+ healthcare customers and more than 300 million conversations annually, mPulse Mobile has the data, the expertise and the solutions to drive healthy behavior change. For more information, please visit http://www.mpulsemobile.com

About Optum Ventures
Optum Ventures is the independent venture fund of Optum, a leading information and technology-enabled health services business dedicated to helping make the health system work better for everyone, and part of the UnitedHealth Group. Optum Ventures invests in digital health companies that use data and insights to help improve consumers’ access to health care services and how care is delivered and paid for, and that make the health care system more reliable and easier to navigate. For more information, please visit http://www.optumventures.com.

About HLM Venture Partners
HLM Venture Partners is a leading venture capital firm and one of the nation’s oldest and most experienced in the tech-enabled healthcare services, healthcare information technology, and medical device and diagnostics sectors. Seeking dynamic, emerging-growth companies, HLM invests in the industry’s most innovative companies, including Phreesia, Teladoc, AbleTo, Regroup Therapy, Nordic Consulting, meQuilibrium and ClearDATA. http://www.hlmvp.com

About OCA Ventures
OCA Ventures is an early stage (Seed, Series A, and Series B) venture capital firm focused on equity investments in companies with dramatic growth potential, primarily in technology and highly-scalable services businesses. OCA invests in many industries, with a preference for technology, financial services, cyber security and healthcare technology. Founded in 1999, the firm is investing out of its fourth fund in companies spread throughout the United States. Learn more at https://ocaventures.com

About SJF Ventures
SJF Ventures invests in high-growth companies creating a healthier, smarter and cleaner future. Its mission is to catalyze the development of highly successful businesses driving lasting, positive changes. We are experienced venture capital investors who have been at the forefront of impact investing since 1999. We are passionate about generating extraordinary results, creating positive changes, and partnering with visionaries who combine these two. Our team has invested in over 70 companies during the last 21 years, bringing time-tested perspective and expertise to partnerships with entrepreneurs. For more information, visit http://www.sjfventures.com

About Echo Health Ventures
Echo Health Ventures invests to build and grow great health care companies. Echo Health Ventures seeks to drive systemic health care transformation through hands-on, purpose-driven strategic venture capital and growth equity investing. As a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions, Echo Health Ventures works closely with its parent entities to catalyze the development of its portfolio companies and accelerate their innovations to scale nationally. For more information, please visit http://www.EchoHealthVentures.com

About Rincon Ventures
Rincon Venture Partners, as well as its successor firm Bonfire Ventures, is an LA-based seed-stage venture capital firm that invests exclusively in B2B software businesses, and typically leads or co-leads a startup’s first priced round. We back extraordinary founders who are seeking to build world-class market leaders, and aspire to serve as those founders’ most trusted advisors. Investments made by the firm’s founders include The Trade Desk (IPO), Burstly (acquired by Apple), Edgecast (acquired by Verizon), Datapop (acquired by Criteo), MessageLabs (acquired by Symantec), Orbitera and Bitium (each acquired by Google), EmailAge (Acquired by LexisNexis), TaxJar, ChowNow, Rainforest QA, Invoca, Honk and others. For more information visit http://www.bonfirevc.com

QL Gaming Group acquires TennisInsight to power BetQL tennis

By Chris Murphy -August 11, 2020

QL Gaming Group (QLGG), a direct-to-consumer sports data and igaming affiliate platform, has announced the acquisition of TennisInsight, the world’s largest online tennis community. This latest partnership will expand the capabilities of BetQL, QLGG’s sports betting analytics platform for casual bettors, to include both men’s and women’s professional tennis.

TennisInsight specializes in crowd sourcing data for the Association of Tennis Professionals (ATP), Women’s Tennis Association (WTA), Davis/Fed Cup, Challenger and International Tennis Federation (ITF). 

The premium tennis statistics site has data on all 550,00 professional matches since 2000, including player ratings and actual vs predicted odds. TennisInsight also boasts 400,000 user-generated predictions.

“We envision BetQL as an all-in-one platform where users can find insightful data for all sports,” said Justin Park, QL Gaming CEO. “We’ve learned that the best way to offer an authentic experience around a particular sport is to partner with a business whose sole focus is that sport. We can’t think of a better partner than Ulysses Oliver and TennisInsight to power BetQL’s tennis product.”

QL Gaming has also acquired a proprietary motorsports database built by a professional handicapper over a 19-year period. The 600,000 record database will allow BetQL to expand into NASCAR, Formula 1 and IndyCar.

Level I Randomized, Blinded Study Demonstrates Significant Improvement in Surgical Proficiency Using Virtual Reality Training

 Josh Sandberg August 10, 2020

PALO ALTO, Calif. – Aug. 10, 2020 – Osso VR, a virtual reality-based surgical training platform used by surgeons globally, and the University of Illinois College of Medicine at Chicago, today announces the results of a validation study using its technology. The study, titled “Does Virtual Reality Improve Procedural Completion and Accuracy in an Intramedullary Tibial Nail Procedure? A Randomized Control Trial” was officially published online in Clinical Orthopaedics and Related Research in August 2020.

The study examined whether VR, compared to the current standard of a technique guide for surgical training, would show an improvement in procedural accuracy and completion for an intramedullary (IM) tibial nail procedure, which requires the combination of elaborate and large-scale movement applicable to most surgeries, and its conclusion found VR significantly increased procedural accuracy and completion rate of an IM nail procedure when compared to the utilization of a technique guide alone. This demonstrates VR has the potential to help residents learn all surgical procedures and its utilization in surgical education may improve patient safety and outcomes.

For the study, 25 first and second-year medical students, without prior exposure to an IM tibial nail insertion procedure, were recruitedThis participant group sets this study apart from other studies on VR in surgical training as to ensure participants had largely the same skill level. Participants were randomly assigned to the technique guide control group, the VR group, or the VR and technique guide group. In the control group, participants were given an online document with wording and images directly from a tibial nail technique guide, which they were able to use at their discretion. Participants in the VR experimental groups went through Osso VR’s simulation in three separate sessions, at a set interval of 3-4 days apart. Following 10-14 days of preparation, all participants performed an IM nail on a SawBones tibia. 

In the technique guide group, 2 of 8 (25 percent) participants successfully completed the procedure. Both VR groups demonstrated significantly increased procedural completion rates (p < .05) with the VR group having a 6 of 8 (75 percent) completion rate, and the VR technique guide group having a 7 of 9 (78 percent) completion rate. The number of normalized incorrect steps displayed a significant difference between both the VR and VR technique groups when compared to the technique guide group (p = .02). 

“The use of augmented reality, mixed reality, and virtual reality have become more prevalent in surgical preparation in recent years, and through learning more about its uses I became interested in putting technology to the test to understand how they could contribute to surgical proficiency,” said Mark Orland, head of the VR research study at the University of Illinois College of Medicine at Chicago. “I was first introduced to Osso VR, specifically, through its use with medical students at the University of Illinois’ College of Medicine and saw how the students were using it to practice surgical steps or learn new procedures. The results of this study demonstrate the effectiveness of VR and how it can be particularly impactful in improving procedural accuracy and completion rates.”

“This is another exciting study further exhibiting the significant impact VR is able to have on surgical proficiency and patient outcomes on a global basis,” said Justin Barad, MD, CEO and co-founder of Osso VR. “We repeatedly cite a University of Michigan study showing that upon graduation from residency, after 14 years of education, 30 percent of surgeons were still unable to operate independently. We truly believe that the safe and repeatable environment of VR, combined with a realistic immersive environment, has the capability to change that outcome in the years to come.”

A previous Osso VR validation study from August 2019 conducted by the David Geffen School of Medicine at the University of California Los Angeles (UCLA) showed a 230 percent improvement in the participants’ overall surgical performance when prepared with its VR training. 

To learn more about using Osso VR, visit www.ossovr.com

About Osso VR 

Osso VR is an award-winning, clinically validated surgical training platform designed for medical device companies, practicing surgeons, residents and medical students of all skill levels. Using immersive VR technology, the scalable platform offers a realistic, hands-on training environment that leads to real world performance gains and ultimately improved patient outcomes. Osso VR is the first training platform to incorporate assessment into its modules, objectively measuring the trainee’s knowledge of steps, level of precision and overall efficiency throughout the procedure providing a benchmark for proficiency.

Led by UCLA and Harvard trained orthopedic surgeon Justin Barad, MD, the Osso VR team has a deep background in clinical care, medical technology, and VR development. To learn more, visit www.ossovr.com.

Some hospitals are tracking Covid-19 by adding sensors to employees’ badges


  • SwipeSense started off by tracking whether staff at hospitals were correctly washing their hands. It also monitors expensive assets, like wheelchairs. 
  • Now, for the first time, it’s tracking people’s movements. 
  • That’s a form of contact tracing – but inside the four walls of a hospital. 

Around 50 hospitals today use a technology from a company called SwipeSense to monitor whether medical staff are washing their hands when they enter and exit patient rooms. Others use it to track expensive assets, like wheelchairs or IV pumps, which have a tendency to go missing. 

The system leverages sensors embedded into equipment and location beacons in hospital rooms, which connect to an online dashboard. Administrators can access the dashboard to check in, or receive reports. 

Because of privacy concerns, SwipeSense has steered clear of monitoring people’s movements. That is, until Covid-19. 

When hospitals started reporting that their staff had contracted the virus, SwipeSense’s chief executive Mert Iseri figured he could help. The situation was particularly problematic when hospitals lacked sufficient personal protective equipment. Reports have found that at least 879 doctors, nurses and other medical personnel have now died of the virus. 

So Iseri had the idea of adding sensors to staff badges, which they routinely wear on shifts. From there, the company could create a virtual floor map of sorts to track their movements, including to document potential exposure to Covid-19 inside the hospital. 

The idea was if a patient, doctor, nurse or any other hospital employee was diagnosed with the virus, SwipeSense could pull up a map with little dots, representing people, and administrators could go back in time to determine who might have been in close proximity. From there, the hospital could take steps to isolate and test them for the virus.

Iseri emailed some of the company’s existing customers in March to explain the concept and see if anyone was willing to give it a shot.

“We got huge interest,” he recalled. About 10 of the hospitals got the message and 3 immediately said yes. Health care sales cycles and implementation of new software can take months, but these customers were willing to move forward in weeks. 

‘We could flag when a patient tested positive’

One of the first customers to get on board was Edward-Elmhurst Health in Illinois. The hospital had treated its first Covid-19 patient in early March, and anticipated a surge. 

About 3,600 hospital workers at Edward-Elmhurst agreed to sport a SwipeSense badge, including doctors, nurses and workers assigned to clean patient rooms. By the end of March, the hospital had a functioning dashboard that administrators could use to monitor exposures. 

“We could flag when a patient tested positive, and see whether a staff-member went in and how many times they went in,” said Raj Iyer, the chief data analytics officer.

Some of the hospital’s employees were concerned that their managers would use the data to track their productivity and penalize them if they took long breaks. Iyer reassured them that the sole purpose of the system would be to catch Covid-19 outbreaks, and not to monitor their movements. 

And so far, it seems to be working. In one recent case, Iyer said that a patient unexpectedly got a positive result from a Covid-19 test. Iyer’s team used SwipeSense to figure out how many people had been in that patient’s room. They determined that 75 employees were at risk, and asked them to get tested and isolate themselves for 72 hours. One of them tested positive, but was isolated and prevented from spreading the virus further.  

As a result of this work and other efforts, including frequent hand washing and masks, the percentage of staff testing positive for COVID-19 at the facility went from 17% at the peak in March to less than 1% by June. 

‘Doing everything we can’

The SwipeSense system is form of “contact tracing,” an epidemiological method that involves tracking down and notifying those who might have come into close proximity to a person diagnosed with an infectious disease. But in this case, it’s limited to a particular business, rather than a city, state or country.

Aspects of the system might sound like Big Brother. Iseri, who’s well aware of the potential privacy and security implications, notes that the company and its customers are taking steps to alleviate the ‘creep’ factor. For starters, the SwipeSense isn’t tracking individuals throughout their day and there are no beacons outside of patient rooms — they can’t track people when they go to the bathroom, for instance.

Still, he acknowledges there are risks when it comes to monitoring people rather than things. And these kinds of tools can always get into the wrong hands. “We have to be really thoughtful about the technology we’re building,” he said. 

Another customer using the SwipeSense technology for contact tracing is Methodist Hospital of Southern California. 

For Clifford Daniels, a senior vice president and chief strategy officer at the hospital, it’s not just about keeping staff safe. Daniels is also looking for ways to reassure patients about coming back in.

In the early days of the pandemic, many hospitals agreed to delay non-urgent and essential ‘elective’ procedures. In some cases, that cost them millions of dollars per day in lost revenue. But now, health systems across the country are starting to reopen their doors to patients that still need that knee replacement or colonoscopy. 

“We’re hoping to get across that the hospital is as safe a place as it can be and that we’re doing everything we can to help contain the spread of Covid-19,” said Daniels. In addition to SwipeSense for contact tracing, his hospital and many others are implementing temperature checks, masks, and symptom checks.

“There would be a lot less coronavirus if the rest of the country starting doing what hospitals are doing.”

PatientWisdom Now Available in Epic App Orchard

NEWS PROVIDED BYPatientWisdom, Inc. 

Jul 28, 2020, 11:22 ET

NEW HAVEN, Conn., July 28, 2020 /PRNewswire/ — PatientWisdom, Inc., the digital-health company with solutions that transform the experience and delivery of care by listening to the people involved, announced that its flagship solution is now available in the Epic App Orchard.  PatientWisdom® distills information about what matters to patients into point-of-care insights to help clinicians and healthcare organizations deliver truly patient-centered care.

PatientWisdom’s HIPAA-compliant, mobile responsive website captures valuable contextual information directly from patients and integrates it into the clinician workflow. An at-a-glance inSIGHT summary is displayed in the electronic health record (EHR) to help busy clinicians better address patient needs, concerns, and preferences.  PatientWisdom uses SMART on FHIR and Epic SmartData Elements to integrate with Epic, making it even easier to install and maintain.

Check out the App Orchard listing for PatientWisdom.

PatientWisdom, Inc. Founder and CEO Dr. Gregory Makoul highlights the benefit for healthcare organizations, clinicians, and, ultimately, patients:  “The need to humanize care has never been more apparent.  Our participation in the App Orchard makes it even easier for Epic clients to integrate PatientWisdom and use clinically valuable contextual data – real-world perspectives about goals, barriers, and preferences – to strengthen clinician-patient relationships and better meet patient needs.”

The company offers four solutions — PatientWisdom, ProviderWisdom®, CommunityWisdom® and StudentWisdom — all designed to augment standard information by focusing on what matters to key stakeholders.

  • PatientWisdom: Makes it easy to understand what matters to patients ahead of clinical encounters to transform the patient experience.
  • ProviderWisdom: Obtains real-world insights from clinicians and staff to enhance engagement, address burnout, and support care.
  • CommunityWisdom: Produces a deep view of the community to give health organizations clear lines-of-sight for developing or partnering with programs people will use.
  • StudentWisdom: Collects student and faculty viewpoints to improve learner well-being and the overall learning environment.

About PatientWisdom, Inc.
PatientWisdom, Inc. developed the Wisdomics® digital-health platform to improve the experience and delivery of care by listening to the people involved – individually and at scale. In 2020, PatientWisdom, Inc. was named to the Journal of mHealth’s Digital Health Global 100 companies with the greatest potential to change healthcare. The Tech Tribune named PatientWisdom, Inc. one of the Best Tech Startups in 2018, 2019, and 2020. The PatientWisdom solution won “Most-Patient Centered” and Audience Favorite at the Health Tech StandOut! Competition during the 2018 Connected Health Conference, and Technology Innovators designated Gregory Makoul one of the Top 50 Healthcare Technology CEOs for 2019.  Learn more at patientwisdom.com.

About Epic Systems Corporation
Epic, App Orchard, Hyperspace, and MyChart are trademarks or registered trademarks of Epic Systems Corporation.

SOURCE PatientWisdom, Inc.

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MassChallenge HealthTech Announces 2020 Program Prize Winners

Written by Celia Fox

In the past six months, the MassChallenge HealthTech (MCHT) program experienced both unprecedented change and growth. The 2020 cohort was one of the strongest to date, earning more revenue and funding from the previous year’s cohort, creating jobs, and launching numerous pilots with our industry Champions while also providing MCHT with its highest NPS to date (88 NPS). All of this was accomplished with the added complexity of navigating a global pandemic. 

Over 350 applicants from around the world applied to the 2020 MassChallenge HealthTech (MCHT) accelerator program last fall. After a rigorous judging process, 27 of the top digital health startups joined the 2020 cohort after receiving and accepting over 100 partnership offers from MassChallenge HealthTech Champions. Throughout the six-month program, these startups would work closely with their Champion partners to accelerate their innovations and received resources, feedback, and mentorship from the MCHT team. 

Then the novel coronavirus (COVID-19) pandemic hit the United States. The HealthTech team and 2020 cohort faced unprecedented adversity and demonstrated amazing resilience through the program: the HealthTech team pivoted quickly in late February through early March to design a completely virtual and equally impactful second half of the 2020 program. Continuing to work closely with their Champions in the program, many of the startups experienced huge successes both within and outside MassChallenge.

Typically, we would have celebrated the end of our program with a community-driven Finale event. While we are very sad to not be able to host Finale and celebrate our cohort in person this year, we are excited to announce that we will be hosting a virtual Finale + Application Launch event on Thursday September 10th from 3:30-5:00PM EST. We hope you can attend and celebrate the success of our startups. 

On behalf of the HealthTech team, we are extremely excited and proud to announce the top three winners of the 2020 program: 

Diamond Winner Presented by Vertex Pharmaceuticals

Walk With Path (London, UK): Walk with Path acts to improve quality of life for the growing aging population and reduce healthcare costs. 

Platinum Winner Presented by WeHealth Digital Medicine

Moving Analytics (Los Angeles, CA): Moving Analytics has developed Movn, a virtual rehab service that supports patients with cardiovascular disease. 

Gold Winner Presented by Accenture

MedFlyt (Forrest Hills, NY): Medflyt offers a cloud-based, web platform and mobile app that changes the way home care agencies are matching caregivers with patients at home. 

Additionally, due to the pandemic, MCHT increased its $250K prize allocation to $300K and distributed those funds per the cohort’s request across all companies to support pilots and economic recovery. If you are interested in supporting the next generation of entrepreneurs, consider giving a gift of any amount to MassChallenge Healthtech or sponsoring an award at MCHT Finale 2020.

We’ll be announcing additional awards during our upcoming Finale + Launch event to learn about the Women in Digital Health, Startup’s Choice, and Champion of the Year award winners on September 10! The winners will also sit down with their Champions to discuss their progress in the program—learn why these companies were the best-in-class for 2020.

Are you curious to learn about what happened during the 2020 program in more detail? Learn more about what transpired, how we adapted our program, and what success our startups achieved!  


imgThe 2020 MassChallenge HealthTech cohort at Orientation

The 2020 MassChallenge HealthTech cohort at Orientation.

Back in January, MCHT kicked off programming both internally and externally with Orientation and Opening Night. At Orientation, the startups met their fellow cohort members and the MCHT for the first time. They learned about the resources that would be available to them throughout the program and heard from a panel of alumni on tips for how to get the most out of the experience. The panel included Amanda Bakerlee, Chief Product Officer at MedumoCaitlyn Kjolhede, Senior Director for Clinical Programs at DynamiCare Health; and Arun Buduri, founder and President at Pixm. During Orientation, each startup also met with their Champion(s) to begin to form relationships and set goals for the next six months. 

At Opening Night, the digital health community had the chance to celebrate the beginning of the program and meet the new cohort in a science-fair style showcase. MassChallenge CEO Siobhan Dullea gave opening remarks, highlighting that 48% of the cohort were female-led startups. Chris Lloyd from JP Morgan (our Opening Night host) and Mariya Filipova from Anthem, Inc also gave remarks and noted their excitement around collaborating with digital health startups through the program.

As February rolled around, MCHT hosted the first curriculum workshop for the cohort, which centered around managing partnerships. Other curriculum topics throughout the program included the AMA Digital Health ROI track, Together.Health Security Assessment Track (powered by Censinet), sales training from Nova Consulting Group, and the art of pitching from Kyle Rand of Rendever (2017 MCHT Gold Winner). The team also hosted a HealthTechies event to engage the digital health community, where attendees heard from a panel of innovators– including Tanina Cadwell and Franz Lawaetz of Vyasa AnalyticsKaran Kashyap of Posh, and moderated by Jayakanth Srinivasan of Boston University– about how AI is powering the future of healthcare. 

In March, about halfway through the program, the MCHT team, startups, and partners were on a roll. The startups were beginning to complete their first milestones with their partners, while the HealthTech team was in the thick of planning mid-year events, deciding whether to move virtual, and focusing on a strong finish to the second half of the program. COVID-19 hit, and everything changed.


imgMCHT Program Director Nick Dougherty discusses the impact of the pandemic with panelists Charlotte Yeh, Juliette Kayyem, Margaret Bordeaux, and Vanessa Kerry at the COVID-19 Innovation Summit.

MCHT Program Director Nick Dougherty discusses the impact of the pandemic with panelists Charlotte Yeh, Juliette Kayyem, Margaret Bordeaux, and Vanessa Kerry at the COVID-19 Innovation Summit.

COVID-19 disrupted programming in unprecedented ways. Suddenly everything became virtual; the startups and partners were working around the clock to adjust to the new normal, and the MCHT team was forced to completely rethink the remainder of the program on the fly. Despite this massive challenge, the MCHT team found themselves uniquely placed at the intersection of innovation and healthcare.

The MCHT team could not stand by. Their mission is to solve massive challenges through entrepreneurship and innovation around the world. Working with MCHT Champion MITRE, they launched the COVID-19 Healthcare Coalition (now with over 800 member organizations), launched a COVID-19 Innovation Survey in partnership with Accenture, Microsoft, and MITRE to bring hundreds of solutions (many MassChallenge solutions included) quickly to bring to the frontlines, and convened the innovation community through a series of events.

At the end of March, MCHT hosted the COVID-19 Innovation Summit, which had over 1,000 registrants and brought together the voices of 20+ healthcare leaders and innovative entrepreneurs to discuss the pandemic response. This was the first of many virtual events centering around COVID-19 and the response of the innovation community. 

While for many industries, this period represented a time of extreme hardship. However, the MCHT 2020 cohort, as well as the overall MassChallenge community, proved to be extremely resilient and managed to exceed expectations in every way. MassChallenge entrepreneurs worked around the clock to create innovative solutions addressing challenges created by the pandemic. 


From January to June, the 27 HealthTech startups worked closely with their Champions and saw some amazing results and successes both within and outside the program. Not all relationships can be made public, but here are a few examples:

  • DynamiCare Health deployed their remote-enabled substance abuse recovery solution by March with their Champion.
  • Health Note won a $20K grant from the Massachusetts Health Policy Commission and won best ROI Calculator for the American Medical Association ROI curriculum, supporting their ability to demonstrate substantial value to health systems.
  • UDoTest secured FDA clearance to provide at-home testing for COVID-19 and is now facilitating thousands of tests daily across the country.

With over 100 partnerships at MassChallenge HealthTech, these are only a small selection of the wins from this year’s program. MCHT alumni also continued relationships with their partners to make a huge impact in the fight against COVID-19. For example, Buoy Health partnered with Boston Children’s Hospital, who leveraged Buoy’s AI platform to predict disease spread. Buoy also joined forces with the Commonwealth of Massachusetts to offer free COVID-19 screening to residents based on guidelines from the CDC. In addition, OSF HealthcareCareSignal, and GYANT joined forces to distribute COVID-19 guides, resources, and symptom tracking to members of the OSF Healthcare community.


imgZuby Onwuta [Founder and CEO of Think and Zoom- MCHT20 Cohort] and Allison Martin [Founder and CEO of UDoTest- MCHT20 Cohort] at Opening Night

Zuby Onwuta [Founder and CEO of Think and Zoom- MCHT20 Cohort] and Allison Martin [Founder and CEO of UDoTest- MCHT20 Cohort] at Opening Night.

June is traditionally a huge month for the MCHT program. At the beginning of the month, the startups have the chance to pitch to a panel of industry experts during Final Judging. Each company receives feedback on their solutions, business models, and traction throughout the program while the judges ultimately decide the top winners of the program awards.

Usually, the flagship Finale event occurs in June to celebrate the end of the program and announce the cash prize winners. As a result of COVID-19, the HealthTech team made the tough decision to postpone the Finale celebration to the fall and reimagine the event virtually. The 2020 Finale celebration will take place virtually on September 10th from 3:30PM- 5:00PM EDT. Don’t forget to reserve your free ticket and get ready to celebrate the award winners and kick off the 2021 application season. 

The 2020 program demonstrates that innovation can happen in a virtual world. MassChallenge HealthTech found that the community can truly address massive challenges. The team looks forward to continuing efforts to celebrate entrepreneurs and working with any innovator out there who wants to improve the world. 



Boom Time for Death Planning

The coronavirus pandemic has drawn new business to start-ups that provide end-of-life services, from estate planning to a final tweet.

By Jennifer Miller

July 16, 2020 Updated 12:32 p.m. ET

One day in April, as the coronavirus ravaged New York City, 24-year-old Isabelle Rodriguez composed a tweet she would send from the grave.

She wasn’t dying. She wasn’t even sick. In fact, her risk of contracting Covid-19 had been reduced after she was furloughed from her job at a Manhattan bookseller and retreated to her rural hometown, Callahan, Fla. But when she came across the poem “Lady Lazarus,” by Sylvia Plath, Ms. Rodriguez knew she had found the perfect words to mark her digital legacy:

Herr God, Herr Lucifer



Ms. Rodriguez logged on to Cake, a free service that catalogs users’ end-of-life wishes, instructions and documents, and specified that she wanted the verse sent from her Twitter account after her death. “Any of my friends know I’m obsessed with Sylvia Plath,” Ms. Rodriguez said. “That was the best way to put my personality out there one last time.”

Through Cake, Ms. Rodriguez also filled out a “trusted decision maker” form, appointing her younger sister to call the shots should she end up incapacitated. She was still debating other important details: Did she want to be buried or cremated? If the latter, would her ashes be scattered, pressurized into a diamond, composted into tree food? Also, how much would it annoy the guests at her funeral if she requested that her favorite album, “Wolfgang Amadeus Phoenix,” be played on loop?

Ms. Rodriguez conceded that it might seem a little weird to be considering all of this in her mid-20s. On the other hand, young people around the world were getting incredibly sick, incredibly fast.

End-of-life decisions can be overwhelming, but making those choices when she was healthy gave her more control. Knowing that she’d ease the burden on her family if the worst happened also gave her peace of mind. “It would be easier for people around me to know what I want,” she said.

Before the pandemic, end-of-life start-ups — companies that help clients plan funerals, dispose of remains and process grief — had experienced steady to moderate growth. Their founders were mostly women who hoped a mix of technology, customization and fresh thinking could take on the fusty and predominantly male funeral and estate-planning industries.

Still, selling death to people in their 20s and 30s wasn’t easy. Cake’s team sometimes received emails from young adults, wondering if the site wasn’t a tad morbid. Since Covid-19, this has changed. Millennials are newly anxious about their mortality, increasingly comfortable talking about it and more likely to be grieving or know someone who is.

“The stigma and taboos around talking about death have been way reduced,” Cake’s co-founder Suelin Chen, 38, said. This has driven conversation across social media, spurred interest in deathfluencers (they will discuss how funeral homes are responding to the coronavirus but also whether your pet will eat your eyeballs) and increased traffic to end-of-life platforms. From February to June, people signed up with Cake at five times the normal rate.

Another new company, Lantern, which calls itself “the single source of guidance for navigating life before and after a death,” saw a 123 percent increase in users, most of them under 45.

Lantern’s tone is soothing and earnest, but not everyone takes that tack. Cake skews playful. It features a tombstone generatorand suggestions like “Viking funeral” and “shoot my ashes into outer space.” New Narrative, an event-planning company for funerals and memorials, introduces itself with a wink: “We’re not your grandma’s funeral (… unless it’s your grandma’s funeral).”

It’s a tricky opportunity for these start-ups to navigate. “When you have a brand that’s directly interfacing with people in the throes of loss and grief, you have to walk a fine line,” said Liz Eddy, 30, Lantern’s co-founder and chief executive.

All these founders stress they’re not trying to capitalize on the coronavirus. But this hasn’t stopped anyone from pivoting hard toward Covid-19. The companies have created new forums and content on how to plan for death, honor the newly dead and grieve virtually. They have initiatives with major health care providers to disseminate their products more widely and formed new partnerships with influencers. The start-ups have even begun to coordinate with one another, sharing tips in a cross-company Slack channel called “Death & Co.”

They are all hoping the pandemic will be the event that turns end-of-life planning — from designing a funeral to writing a will and final tweet — into a common part of adulthood.

In 2012, a friend invited Ms. Chen and her fiancé to dinner and suggested they play an unusual party game: Write and share their own obituaries. “It’ll be fun!” the friend said. “They do it at Stanford Business School.”

At first, Ms. Chen was delighted by the exercise: Both she and her fiancé wrote, in the imagined past tense, about a music album they hoped to one day record. But when Ms. Chen started reading what she had written about her career, she was seized with panic and started bawling at the table.

“I just lost it,” she recalled. “It was confusing to me, because I loved my job. I was happy in the most obvious ways, but there was part of me …” She wasn’t sure how to describe the upswell of emotion.

Around this time, Ms. Chen was advising health care companies in commercial strategy. While interviewing last-line cancer physicians, she would constantly run a calculation in the back of her head: “If this treatment extends life by three months, how much money is it worth?” And yet she’d wonder: But at what quality of life? The system of prolonging life at all costs seemed out of whack.

Ms. Chen had also recently lost her grandfather, who died at 95 after a long period of suffering. He lived in Taiwan, where death in very old age is treated as a celebration, Ms. Chen said. And yet there had been a lot of family conflict around the experience.

Amid the pain and relief of her grandfather’s being at rest and the joyful commemoration of his life, Ms. Chen understood that she needed a new path. She didn’t yet know what it would be, but a few years latershe met Mark Zhang, a palliative care physician and technologist, at an M.I.T. health care “hackathon.” The pair won first place at the event and went on to found Cake. The platform now includes resources and templates to help users write their obituaries along with guidance for how to get them published.

The venture-backed company makes money through partnerships and will eventually add fee-based services.The pandemic has been especially busy. Cake’s services, for example, soon will be integrated into the website of the British bank RBS/NatWest.

In April, Ms. Chen learned that Partners HealthCare, a large health care system in Massachusetts,was recommending Cake to all its members. Ariadne Labs, run out of the Harvard School of Public Health and Brigham and Women’s Hospital, also came calling. They wanted help distributing their end-of-life conversation guide beyond a relatively small audience of doctors and patients. They also wanted real-time feedback from a young and healthy audience like Cake’s.

Cake also teamed up with Providence Health System, a network of 51 hospitals and 1,000 clinics in seven states, to share Cake’s “trusted decision maker” form, the document specifying an individual’s medical preferences if the person becomes incapacitated. Through Cake, individuals could submit the form to their doctor without needing a notary and two nonfamily witnesses, which are often required but difficult to get under quarantine.

The next step is offering premium services, tailored to different types of users. “Are you here because you just lost someone, or because you just had a kid, or have an aging parent, or because a celebrity just died and you had an existential crisis?” Ms. Chen said. “We’re trying to automate based on what we know about the person.”

In April, Ms. Chen learned that her head of product’s grandfather had died from Covid-19. She had heard of people texting and messaging their condolences, but even email seemed inappropriate, overly impersonal. Unsure of what to do, she turned to Cake. Following an article from the site, Ms. Chen shipped her colleague soup, rolls and cookies with a note: If and when you’re ready, I’d love to hear more about your grandfather.

“In the modern age, the norms around supporting people who are grieving are not super clear,” Ms. Chen said. “It used to be that you belonged to a religious community or lived in a small town, but now we’re far away from where we grew up. We’re more secular.”

During the pandemic, condolence-related traffic on Cake doubled.To address the need, the company started a forum where users can crowdsource their questions and concerns.

Lantern provides its own grief and condolence content, including a “pandemic-proof” guide to “inclusively addressing grief at work.” In recent months, more people are grieving on the job, where the emotional distress for people of color over high Black and Latino rates of coronavirus infection is compounded by anguish over police brutality.

“Especially during Covid, it’s how can you incorporate the grieving process into 9-to-5 and day-to-day work?” said Alica Forneret, 31, who runs grief workshops and just started a namesake consulting agency to help companies address this question. “Employers, managers and H.R. need to understand there’s an extra burden on people of color and especially Black people when they sit down at their computer in the morning and are expected to engage and perform.”

For Ms. Forneret and other millennial founders, preparing for death and navigating grief during the pandemic has become a form of self-care. That has created new opportunities and partnerships. When Ms. Eddy pitched funders, she situated Lantern’s end-of-life services as an untapped market in the $4.5 trillion global wellness industry.

“We’ve been called a niche market,” she said. “But death and dying is possibly the least niche market out there.”

Corporations are rethinking the wellness programs they’re offering employees, Ms. Eddy said. They’re no longer just gym memberships and kombucha on tap. Studies have found that being able to talk about your mortality makes you a happier person and improves your relationships. The thinking, for employers perhaps, is that access to end-of-life services can make people happier (and more productive) at work.

This market potential is also why Near, a start-up that connects users with grief and end-of-life support services, like death doulas and art, sound, music and massage therapists, recently decided to seek investment. The company also moved its debut from September to June and is expanding its offerings to even more unconventional end-care providers like end-of-life photographers.

“Before Covid, we were looking at being a smaller platform. We’d be able to keep up with need through bootstrapping,” a Near co-founder, Christy Knutson, 36, said. “But the demand is far greater.”

This spring, a beauty writer and skin-care company chief executive, Charlotte Palermino, approached Lantern about co-hosting an Instagram Live. She had been watching her friends “panic post” death rates and was feeling increasingly anxious.

“I know people who got really sick, were suddenly on ventilators in their 30s,” Ms. Palermino, 33, said. She received such an overwhelming response from her followers that in June, she filmed a similar video for her Generation Z audience on TikTok.

In May, a large senior care company asked Ms. Eddy about a partnership. Ms. Eddy, who declined to identify the company, was intrigued but skeptical. In search of guidance, she did something that would normally be unexpected. She reached out to Ms. Chen at Cake, Lantern’s closest competitor.

Ms. Chen wasn’t surprised to hear from Ms. Eddy. In fact, she said, this kind of collaboration is frequent among end-of-life chief executives. “There’s a lot of texting and calling all the time: who are the good investors, the partners, give me the lowdown on these people,” she said.

The most common means of communication among end-of-life founders — and where Ms. Eddy went to reach Ms. Chen — is the cheekily titled Death & Co. channel on Slack. It was born in December during End Well, a conference about improving the culture, products and policy around end of life.

After one of the sessions, a handful of female founders gathered for an impromptu happy hour. They bonded over the rarity of having so many women running companies in the same industry, all them, in one way or another, trying to challenge the corporate, predominantly male funeral industry.

They discussed the difficulties of securing funding as womenand the challenges of trying to make a distinctly unsexy product accessible and affordable. Ms. Chen said a male founder had told her: “No one thinks about death. I don’t. I’m immortal.” Ms. Eddy said another had told her that he thought she’d be more successful if she created the “Tesla” of end-of-life services.

The women decided to start a WhatsApp group, which one of them named “Death Chicks.” A couple of months later, with more people wanting to join, including a handful of men, Ms. Eddy moved everything to Slack and renamed it Death & Co. For some months, the group was largely dormant. That changed in March.

“At the beginning of coronavirus, we came together and said this can all be reimagined with alternative, more modern solutions,” said Christina Andreola, 31, the founder of New Narrative, who joined the Slack channel in March. “My colleagues were asking: How can we team up to be competitive?”

The channel has around 70 members. They have worked together on a white paper about the funeral industry and Covid-19, raised funds for personal protective equipment for funeral directors and created short video guides for health care workers to talk about end-of-life options with their patients. Eterneva, a company that turns ashes into diamond jewelry, used the group to start a series of Instagram Lives about collective grief. LifeWeb360, which creates multimedia memorial scrapbooks, teamed up with New Narrative to create resource guides for planning virtual memorials.

The women have also freely shared connections and leads. Ms. Knutson of Near joined Death & Co. in March. She used the group to meet end-of-life photographers, a small and elusive set, and expand her provider list of death doulas, caregivers who help dying individuals navigate the end-of-life process.

“Overnight I walked into a virtual room with loads of smart, driven leaders who are building things that it would have taken me months if not years to hear about otherwise,” she said.

Not everyone is finding what he or she needs at Death & Co. Ms. Forneret, one of the few Black members, left after the police killing of George Floyd in Minneapolis in May. She said that the channel had done a lot of good for the industry and that she worked closely with Ms. Eddy and other members. But at this moment, she wants to align herself with other founders of color, she said.

In mid-June, Ms. Forneret participated in a Zoom panel featuring five Black entrepreneurs. The topic: how to have a “good death” in a racist society. The event was organized by Alua Arthur, 42, who runs a death doula training company, Going With Grace.

Ms. Arthur serves as an adviser to Cake and Near and has become a de facto spokeswoman for Black-owned death care businesses, especially in the last couple of months. She has become exhausted in this role and said end-of-life start-ups should be working harder to reach communities of color, which are largely underserved in the industry.

Even so, all of these founders share a mission: to democratize end-of-life planning and care. Ms. Arthur said the searchable database and broad collection of providers on Near were a step in the right direction.

Trust and Will, a company that bills itself as Turbo Tax for estate planning, charges a small fraction of what most lawyers do. Eterneva, the company that turns your loved one’s body into bling, just rolled out financing. Cake’s and Lantern’s basic preplanning services are free. Given that the average cost of a funeral in 2019 was $7,640, this kind of foresight could reduce the cost of dying. Because maybe you don’t want to languish on a ventilator or need a fancy coffin.

At the very least, when we can personalize our deaths the way we do our weddings and our wardrobes, we can feel a little more control over life’s greatest uncertainty. It’s something of a silver lining to this very scary moment.

“We’re never going back to the way it was,” Ms. Chen said. “That’s a positive thing — to accept the reality that we’re not immortal.”

Jennifer Miller is the author most recently of the novel “Mr. Nice Guy.” Her next book follows a year in the lives of first-generation college students.

Health Catalyst Announces Agreement to Acquire healthfinch, a Healthcare IT Company that has Helped Define the Clinical Workflow Optimization Space with its Award-Winning Software

July 9, 2020 at 4:45 PM EDT

SALT LAKE CITY, July 09, 2020 (GLOBE NEWSWIRE) — Health Catalyst, Inc. (“Health Catalyst,” Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced that it has entered into a definitive agreement to acquire healthfinch, Inc., a Madison, Wisconsin-based company that provides a workflow integration engine delivering insights and analytics into EMR workflows to automate physicians’ ability to close patient care gaps in real-time. The healthfinch acquisition, which will allow Health Catalyst’s customers to enhance clinical workflows in the EMR, further strengthens the Health Catalyst Population Health portfolio, which was bolstered by the Able Health acquisition in February 2020 and Care Management Suite launch earlier this month.

Within the Health Catalyst analytics application portfolio, healthfinch will be a new application suite category called EMR Embedded Insights and its refills, care gaps closure, and visit planning applications will continue to be available in their original configuration. Additionally, the healthfinch technology will augment workflows across Health Catalyst’s product portfolio, with data and insights powered by Health Catalyst’s cloud-based Data Operating System (DOS™), a healthcare-specific, open, flexible, and scalable data platform that provides customers with a single comprehensive environment to integrate and organize data.

healthfinch’s industry leading capabilities are already in demand from Health Catalyst customers and prospects across multiple product areas including quality measures, care management, population health, patient safety and others. Providing these capabilities will bring even greater value to Health Catalyst customers by making the critical insights and analytics from the DOS platform actionable within clinical workflows – providing more effective care for patients and saving time for both doctors and staff through automation so they can work at the top of their license. 

Health Catalyst CEO Dan Burton said, “We are thrilled to benefit from healthfinch’s decades of collective experience gained from working with customers across the United States that are using a variety of different EMRs.  And we also find deeply compelling the strong mission and cultural alignment with our respected healthfinch teammates. We are excited to have the healthfinch leadership team and their talented colleagues join Health Catalyst, and we are grateful for the tremendous insights, knowledge and perspectives they bring, which will accelerate the achievement of our mission to be the catalyst for massive, measurable, data-informed healthcare improvement.”

Burton added, “This acquisition highlights Health Catalyst’s ability to integrate and scale software applications on top of our DOS platform. The healthfinch technology will easily serve up actionable insights, derived from DOS and other Health Catalyst analytics applications into the EMR, at the point of care.”

healthfinch Co-Founder, Chairman and Chief Medical Officer Lyle Berkowitz, MD said, “We started healthfinch ten years ago with a mission to build tools on EMR platforms that would simultaneously make life easier for doctors and better for patients. I’m proud to say we have fulfilled that vision as our products currently save immense amounts of physician time monthly, while also improving patient quality via closing gaps in care, minimizing refill errors and speeding up prescription refill turn-around time. We are now incredibly excited to take our company to the next level by joining with Health Catalyst to supercharge our ability to simplify, automate, and delegate clinical care via our combined data analytics, rules engines and EMR integrations. Their people, culture, vision and technology and industry success truly make them an ideal partner.”

Health Catalyst Chief Technology Officer Dale Sanders said, “Fifteen years ago at Northwestern University Feinberg School of Medicine, Lyle and I formed a lasting friendship and a shared passion around making life better for clinicians and patients by using HIT to improve the value and efficiency of EMRs. While EMRs were less common and today’s software technology was unavailable to make decision support easily implementable, we worked with a lot of great people to still achieve leading-edge capability for the time. Fast forward to today and it has all come full circle. EMRs are everywhere, making decision support much easier to implement. The combined strengths of healthfinch and Health Catalyst will fulfill the vision we share of improving both quality of care for patients and quality of life for physicians.”

Health Catalyst expects to fund the transaction using a mix of stock and cash. The parties expect the transaction, which is subject to customary closing conditions, to close in the third quarter of 2020. Further details regarding the acquisition will be reported on a Form 8-K filing that will be filed with the Securities and Exchange Commission today.

About Health Catalyst
Health Catalyst is a leading provider of data and analytics technology and services to healthcare organizations committed to be the catalyst for massive, measurable, data-informed healthcare improvement. Its customers leverage the cloud-based data platform—powered by data from more than 100 million patient records and encompassing trillions of facts—as well as its analytics software and professional services expertise to make data-informed decisions and realize measurable clinical, financial, and operational improvements. Health Catalyst envisions a future in which all healthcare decisions are data informed.

About healthfinch
healthfinch has developed the healthcare industry’s most trusted, most used clinical workflow optimization solution, Charlie. Charlie’s unique combination of EMR-integrated technology and protocol content streamlines key workflows such as prescription renewal processing, visit planning, and care gap closure. With Charlie, health systems are able to deliver a better, safer patient experience, while also achieving lower rates of provider and staff burnout, increased care gap closure, improved quality metrics, and significant time and cost savings for providers and clinical staff.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements relating to expectations, plans, and prospects including expectations relating to our ability to close, and the timing of the closing of, this transaction and the benefits that will be derived from this transaction. These forward-looking statements are based upon the current expectations and beliefs of Health Catalyst’s management as of the date of this release, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements including, without limitation, the risk of adverse and unpredictable macro-economic conditions and risks related to closing this transaction and integration of the companies. All forward-looking statements in this press release are based on information available to the Company as of the date hereof, and Health Catalyst disclaims any obligation to update these forward-looking statements.

Health Catalyst Investor Relations Contact:
Adam Brown
Senior Vice President, Investor Relations
+1 (855)-309-6800

Health Catalyst Media Contact:
Kristen Berry
Senior Vice President, Public Relations
+1 (617) 234-4123
+1 (774) 573-0455 (m)

Health Catalyst.jpg

Source: Health Catalyst, Inc.

Crain’s Chicago Business 2020 Tech 50

It started as the Tech 25 but quickly grew into the Tech 50. Each year since 2011, we’ve put the spotlight on a mostly new list of names you need to know if you care about Chicago tech—nearly 400 of them. For the 10th edition, we’ve revisited our previous lists with an eye toward those who made lasting impacts and remain in the game. It’s largely an all-star list, but there are some new faces, as well, because it wouldn’t be the Tech 50 without a few surprises. By John Pletz