athenahealth to Acquire Praxify Technologies

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.