athenahealth,
Inc., a leading provider of network-enabled services for hospital and ambulatory
clients nationwide, has announced that it has entered into an agreement to
acquire Praxify Technologies, Inc., a Palo Alto, US-based company focused on
reinventing how doctors work with health data to drive productivity,
portability, and improved decision support. athenahealth expects that the
acquisition of Praxify will advance the company’s platform strategy and mobile
capabilities to drive frictionless workflows and intelligence at and around the
moments of care. Completion of the transaction is subject to customary closing
conditions.
“Leveraging
advancements in machine learning and natural language processing, Praxify has
invested several years in developing highly intuitive technology to enhance the
delivery of high quality patient care. In combination with our cloud platform
and services, Praxify’s team and technology will help us further reduce the
many inefficiencies of healthcare’s clinical and operational workflows,” said
Prakash Khot, chief technology officer, athenahealth. “We will work together to
surface new streams of knowledge in natural and mobile ways, so providers and
care teams can be fully present, informed, and efficient. We’re thrilled to
have their talented team join our mission to make healthcare work as it
should.”
athenahealth
believes this acquisition will accelerate research and development initiatives
across the company by adding significant expertise in mobile and user experience
design. Additionally, the underlying technology on which Praxify is built will
be integrated into athenahealth’s cloud platform, and will create new
opportunities for both internal and third-party developers to rapidly build and
launch applications. Together, the organizations will be better positioned to
speed development and delivery of innovation at scale for the healthcare
industry at large.
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