well being catalystA US supplier of healthcare knowledge and analytics for nursing organizations, introduced the acquisition of Lumeon, a Boston and London-based care administration automation startup.
Lumeon’s care orchestration expertise automates care crew actions, duties, actions and workflows with the purpose of accelerating income and decreasing workers workload.
Well being Catalyst stated it should improve and leverage Lumeon’s merchandise, making them much more highly effective by leveraging Well being’s synthetic intelligence, analytics and data-processing-enabled Well being Catalyst Ignite platform.
The Utah-based firm stated that because of Lumeon’s presence within the UK, it should additionally have the ability to broaden and pursue alternatives within the area.
“We’re excited to welcome the Lumeon crew and work with them to assist our shared mission of enabling large-scale, measurable, data-based enhancements in healthcare. Efficient care administration is a vital a part of the affected person’s medical care journey, and as well as Lumeon’s care orchestration and Well being Catalyst’s current expertise and repair choices will additional improve the analytical insights accessible to suppliers searching for to rework medical care,” stated Dan Burton, Well being Catalyst CEO stated in an announcement.
bigger development
In June, Well being Catalyst acquired oncology-focused healthcare expertise firm Carevive Programs gives suppliers with a platform and knowledge designed to enhance remedy planning, care coordination, medical trial screening, post-treatment care and distant affected person monitoring.
This week, the information and analytics firm introduced an expanded partnership with the nonprofit Contexture, a regional well being info trade centered on rising the interoperability of well being knowledge.
The expanded partnership will present Contexture affiliate High quality Well being Community with the flexibility to securely share affected person knowledge with its medical, behavioral and social well being suppliers in Colorado, the corporate stated.
It additionally introduced an expanded partnership with South Dakota Well being Join, a division of the South Dakota Division of Well being.
The expanded partnership, established in 2012, will enable the group to leverage extra Well being Catalyst purposes for well being info exchanges within the state and in Minnesota, North Dakota, Wyoming, Nebraska and Iowa.
On Wednesday, the publicly traded firm reported second-quarter 2024 earnings, with whole income of $75.9 million, in contrast with $73.2 million in the identical interval final 12 months.
The corporate introduced a web lack of $13.5 million within the second quarter of 2024, in contrast with a web lack of $32.6 million within the second quarter final 12 months. Adjusted EBITDA for the second quarter of 2024 was $7.5 million, in contrast with $3.5 million on the finish of final 12 months’s second quarter.
Well being Catalyst additionally reported that it signed extra web new platform subscription prospects within the first half of 2024 than in all of 2023, and is on observe to have the strongest 12 months in web new subscription prospects within the firm’s historical past.
