Health Velocity Cap News

Senior Business Executive Pat Cathey Joins ClearDATA as Chief Revenue Officer

Austin, Texas (August 23, 2016) – ClearDATA, a healthcare exclusive, HITRUST CSF-certified managed cloud company, announced today that accomplished business executive Pat Cathey has joined the company as Chief Revenue Officer. Cathey is a veteran business leader with a proven track record of consistently exceeding business targets while building high-value relationships with customers and business partners.

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ClearDATA Achieves AWS Healthcare Competency Partner Status

Phoenix, Ariz. (July 20, 2016) – ClearDATA, a leading healthcare cloud platform and managed services company, has achieved AWS Healthcare Competency, a credential reserved for companies that pass a stringent healthcare competency audit. AWS introduced the AWS Partner Network (APN) Healthcare Competency in April 2015 to highlight partners with demonstrated success in building solutions for healthcare payers and providers that can securely store, process, transmit and analyze clinical information.

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McKesson And Change Healthcare To Form New Healthcare Information Technology Company

SAN FRANCISCO & NASHVILLE, June 28, 2016 – McKesson Corporation (NYSE:MCK), a leading global healthcare services and information technology company, and Change Healthcare Holdings, Inc., a leading provider of software and analytics, network solutions and technology-enabled services, today announced the creation of a new healthcare information technology company. The entity will combine substantially all of Change Healthcare’s business and the majority of McKesson Technology Solutions (MTS) into a new company with fiscal year end March 31, 2016 pro forma combined total annual revenues of $3.4 billion.

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Helen Darling joins Teladoc Board of Directors

Past president and CEO of National Business Group on Health will serve on Teladoc, Inc.’s Quality of Care and Patient Safety Committee.

LEWISVILLE, Texas (June 27, 2016) – Teladoc, Inc. (NYSE: TDOC), the nation’s leading provider of telehealth services, today announced that Helen Darling, past president and CEO of the National Business Group on Health (NBGH) and current interim president and CEO of the National Quality Forum, has joined its board of directors. Darling will serve on the board’s Quality of Care and Patient Safety Committee.

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OnShift Raises $18 Million In Series D Financing

Investment Accelerates SaaS Company’s Growth in Long-Term Care and Senior Living

OnShift, a leader in human capital management software for post-acute care and senior living, today announced that it has closed $18 million in Series D financing. Health Velocity Capital led the round, which also includes participation from OnShift’s existing institutional investors Draper Triangle Ventures, Early Stage Partners, Fifth Third Capital, HLM Venture Partners, North Coast Venture Fund, and West Capital Advisors.

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U.S. Renal Care and DSI Renal Finalize Merger

(Plano, TX)— U.S. Renal Care, Inc. announced today that it has secured regulatory approval and finalized its merger with DSI Renal. Upon closing, U.S Renal Care, the nation's third largest dialysis provider, operates 300 state-of-the-art outpatient clinics, 147 home dialysis programs and 26 acute care hospital contracts throughout the country, providing high-quality care to approximately 23,000 patients across 33 states and the Territory of Guam.

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OnShift Ranked Number 240 Fastest Growing Company in North America on Deloitte's 2015 Technology Fast 500

Attributes 312 Percent Revenue Growth to Innovative Software for Post-Acute Care and Senior Living Providers

OnShift today announced it ranked No. 240 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. OnShift grew 312 percent during this period.

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