HCA Healthcare sells PatientKeeper to venture firm General Catalyst

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HCA Healthcare has introduced a deal with undertaking cash agency General Catalyst that will see the supplier promote off its health care application enhancement agency PatientKeeper, a supplier of electronic health documents (EHR) optimization software package solutions, to General Catalyst’s portfolio enterprise Commure.

Though monetary phrases of the deal have been not disclosed, the agreement involves an expenditure by HCA in Commure, in addition to the development of a strategic collaboration to drive digital transformation. HCA bought Waltham, MA-primarily based PatientKeeper again in 2014.

The announcement arrives as Commure is effective to make a universal system and widespread architecture for open collaboration between treatment groups and physicians. PatientKeeper at this time has more than 70,000 energetic end users.

The suite of software package and mobile purposes is created to aid solve interoperability troubles vendors confront when accessing and sharing affected person information and facts, including EHR optimization software package.

The main Medical Communications Suite integrates scientific benefits viewing and HIPAA-compliant messaging with embedded affected person context, while an innovative version offers extra capabilities like NoteWriter, a scientific documentation application, medication reconciliation and e-prescribing. 

The other option, also accessible in a main and innovative version, is a profits integrity suite that includes cost aggregators, monetary reporting and scientific documentation.

PatientFlow will migrate to Commure’s cloud infrastructure and will proceed to be deployed throughout HCA’s more than one hundred eighty hospitals throughout the place — the supplier will license the Commure system — and the two corporations will operate alongside one another to develop extra solutions to streamline workflows and improve affected person treatment.

WHY THIS Issues

The deal involves an expenditure from HCA, between the nation’s greatest clinic operators, with $fifty one.5 billion of profits in 2020, as perfectly as a approach for General Catalyst and HCA Healthcare to collaborate on new approaches to link HCA Healthcare to other Silicon Valley innovations and systems.

HCA operates an estimated 164 hospitals and 114 surgical procedure facilities in twenty states and England.

Medical professionals and vendors are hunting for tools to improve record trying to keep, with a target on streamlining scientific and profits cycle workflows for treatment groups, billers and coders.

An EHR technique-of-record system this sort of as PatientKeeper can aid vendors entry and act on affected person information and facts from a range of gadgets, both of those mobile and desktop.

THE More substantial Pattern

A joint website article published by Commure CEO Brent Dover and PatientKeeper CEO Phil Meer wrote that the transaction represents the to start with phase of a lengthy-time period partnership between HCA Healthcare and General Catalyst.

The intention of platforms like PatientKeeper is to make it less difficult for health programs and hospitals to get management of various disparate facts resources to aid make people today-centric workflows and aid clear away administrative burdens on individuals and treatment professionals.

ON THE Document

“We imagine the blend of PatientKeeper’s health practitioner-friendly scientific software package and Commure’s present day cloud infrastructure and resources will aid encourage the enhancement of point out-of-the-artwork solutions more swiftly than possibly could carry out independently,” Sam Hazen, CEO of HCA Healthcare, claimed by statement. 

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