Entrada and Allscripts have expanded its official corporate partnership, further integrating Entrada’s clinical documentation and information sharing technology with the Allscripts Professional and Enterprise EHR systems. Entrada's mobile application is now live on the Allscripts Application Store (ASX), an online marketplace accessible by Allscripts hospital and physician clients and partners, allowing them to create, add, and connect to third-party applications. This new partnership also enables both companies to co-market the integrated solution to Allscripts’ current and future client base.
Read MoreA startup that offers a faster way to sell difficult-to-access research materials from the laboratories of academic investigators has opened its new headquarters in Boston's Innovation District.
KeraFAST Inc. broke ground Wednesday on its new 3,000-square-foot offices at 27 Drydock Ave., where it’s moving from Winston-Salem, N.C. Robert Bondaryk, president and CEO of KeraFAST, told Mass High Tech that the company was just founded late last year at the offices of its former parent company, the medical device firm KeraNetics, itself a spinout from Wake Forest University, but most of the executives had been in the Boston area already.
Read More"It's going to not only create opportunities for different delivery models, but it's going to create opportunities for those who are delivering care with innovation," McWhorter, chairman of venture capital firm Clayton Associates and former chairman of HCA, said in an interview this morning.
Think of it as a stimulus for the city's $30 billion health care industry, where new technology that focuses on quality over quantity will rule the day. For insurance companies, there are 40 million more potential clients. For tech companies, innovation will be accepted as hospital companies spread fixed costs over a larger pool of people.
Read MoreKeraFAST, Inc., an e-commerce company providing "Extraordinary Products...from Extraordinary Scientists", announced today that it has closed on a Series A financing with FCA Venture Partners. FCA is the venture capital management arm of Clayton Associates, a holding company established in 1996 by healthcare entrepreneur R. Clayton McWhorter. KeraFAST serves as the on-line source of next generation research tools for life science laboratories worldwide. The company’s e-commerce catalog offers an incomparable assortment of unique bioreagents, rare materials, compounds, solutions, labware and services. Their innovative “Investigator's Annexe™” program partners with universities and other life science research institutions to make investigators' rare and unique laboratory-derived materials available to the global research community.
Read MoreAcadia Healthcare Company Inc. (Nasdaq: ACHC) announced today it has signed a definitive agreement to acquire three inpatient psychiatric hospitals for $91 million in cash. The facilities are located in Tucson, Ariz., Wichita Falls, Texas and Ada, Okla., and were purchased from Haven Behavioral Healthcare . They have an aggregate of 166 acute inpatient psychiatric beds and total revenues of about $43 million.
Read MoreCumberland Consulting Group, LLC, a high growth healthcare technology implementation and project management firm, announced it has been acquired by key members of Cumberland’s management team and Tailwind Capital, a private equity firm focused on investing in growth-oriented middle market companies. As part of the transaction, healthcare investors and entrepreneurs R. Clayton McWhorter and Stuart McWhorter have also invested. Cumberland’s future growth and expansion will be enhanced by the Tailwind partnership to support its organic and acquisition initiatives.
Read MoreFormer HCA TriStar executive Larry Kloess will join Clayton Associates as part of a realignment that will see Clayton McWhorter step down as chairman of the company and hand over control to his son, Stuart McWhorter, who remains as president.
In the wake of federal health care reform and a swift uptick in the use of electronic medical records, the stakes for finding the “next big idea” is even more important for firms like Clayton Associates associated with Nashville’s health care industry, which generates upwards of $60 billion a year worldwide.
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