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OMNY Health announces $17 Million Raise to Lead the Next Generation of Real-World Data-Driven Decision-Making and Collaboration Across Healthcare

OMNY Health compliantly connects a diverse network of healthcare stakeholders with research-ready data and insights, significantly reducing the burden of data acquisition and curation, and accelerating the time to decisions and action  

Atlanta, GA, November 30, 2022 /PRNewswire/ — OMNY, Inc. (d/b/a OMNY Health), a leader in compliant data and platform solutions for connecting healthcare stakeholders, today announced a $17 million Series B round led by Chicago Pacific Founders (CPF). Dr. Vance Vanier, MD, Co-Founder and Co-Managing Partner of CPF will join the OMNY Board of Directors. 

OMNY Health was created to enable any provider organization in the healthcare ecosystem to benefit from the value of Real-world data (RWD), while helping to reduce bias in data-driven decision-making across healthcare stakeholders. RWD and real-world evidence (RWE) play an essential and increasing role in health care decisions, but the current sources of administrative and payor data can create a biased, incomplete view of the care and associated outcomes. Similarly, clinical trials and other research studies often focus on patients receiving care at large academic centers or research sites that specialize in recruiting patients for studies, leaving patients from rural settings or those treated in community-based settings under-represented. OMNY Health answers these challenges with a proprietary unified national data layer, providing an efficient mechanism for Life Sciences companies to source research-ready data and insights from a broad mix of provider organizations across the country, with additional capability to compliantly connect with these provider organizations for follow-up research activities and collaborations. 

“Timely RWD and RWE have become the foundation for critical functions for countless healthcare companies. Unfortunately, teams today are stuck with data that doesn’t meet their needs, processes that waste time and money, and few options for acting on the insights generated,” said Mitesh Rao, MD, Founder and CEO of OMNY Health. “This situation is no longer tenable in today’s fast-paced data-driven environment. Healthcare stakeholders shouldn’t be forced to make decisions based on inadequate information. This new investment will fuel our growth as we continue to meet the accelerating demand for more seamless data-driven decision-making in healthcare and opportunities to better engage with patients and providers through the common language of data.” 

OMNY’s proprietary DaaS and SaaS solutions spearhead the evolutionary transition to dynamic data procurement and insight generation by seamlessly normalizing data from disparate electronic health record systems across diverse sets of provider sizes and types. As a result, researchers can gain the flexibility they need to acquire fit-for-purpose data that can scale up or down based on their needs. This allows them to significantly reduce data acquisition costs and alleviate the stress of managing multiple data vendors and the compliance activities associated with provider relationships. Today, OMNY’s dynamic data ecosystem represents more than 56 million individuals from health systems and specialty provider networks across 42 states, with many more scheduled to join in 2023. More than a dozen Life Sciences companies are leveraging the OMNY Platform and data network to meet their research and analytic needs since the platform commercially launched in May 2021.  

“OMNY’s demonstrated capability of enabling providers and Life Sciences companies to create partnerships around real-world data will transform patient care. We are thrilled to have the opportunity to participate in the next stage of OMNY’s journey,” said Vance Vanier, M.D. Co-founder and Co-Managing Partner of CPF. 

About OMNY Health

The OMNY Health ecosystem is the premiere real-world data layer, securely connecting researchers and healthcare providers through a common language of deidentified data. Serving as a key resource and central intermediary, OMNY Health revolutionizes the potential for providers and life sciences organizations to align goals across the healthcare industry, forging transformative data relationships and fueling innovation where patients need it the most. For more information on the OMNY Health network, please visit www.marketing-dev.omnyhealth.com.  

About Chicago Pacific Founders 

Based in Chicago and San Francisco, Chicago Pacific Founders (“CPF”) is a leading strategic private equity firm focused on investing in growth companies within value-based care, healthcare services, AI and tech enabled services, and caring for aging populations. CPF believes that the most significant societal impact and investment returns from healthcare for the next decade will be generated by investment in delivery model innovation. CPF’s leadership team is comprised of former healthcare founders, senior executives, and investment professionals with a passion and track record of building healthcare businesses. For more information, please visit www.cpfounders.com. 

MEDIA INQUIRIES:  please contact Stacey Long, stacey@omnyhealth.com

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Editorial

OMNY Health platform surpasses 50 million patient lives after recent expansion in provider system network coverage

omny health

This continued growth will expand the scope of research opportunities, which will result in more life-changing innovation to meet patients’ unmet needs. 

ATLANTA, GA, May 31, 2022 – Today, OMNY Health announced that it has reached a milestone in building its national platform of de-identified clinical data from provider systems, representing over 50 million patients receiving care over the past five years. Much of this growth is attributed to the addition of several large health systems and specialty practice networks that recently joined OMNY Health’s ecosystem. The OMNY Health platform of data includes care delivered in both inpatient and outpatient settings across a variety of provider organizations that is utilized to advance patient-focused research.  Basic electronic health record (EHR) data is augmented with data from a variety of systems within the provider organization including lab systems and imaging and third-party data sources such as claims data to provide a holistic view into the patient experience. This granular data follows the patient journeys of these 50 million+ patients across the care continuum for five or more years.  

“As a physician who has dedicated his career to transforming healthcare, it has always been my vision to build a national data ecosystem that helps connect healthcare providers with researchers, but more importantly, to impact the lives of patients. This expansion is validation that we are on course to achieving that goal. Although we have plenty of opportunity and intend to continue to grow and expand, this marks an exciting milestone for OMNY Health.” said Mitesh Rao, MD, CEO, OMNY Health.  

For provider organizations and their patients, the appeal to joining the OMNY Health network is multi-faceted and presents a number of unique benefits: 

  • Alignment of research opportunities. OMNY Health enables healthcare and research organizations to compliantly explore the breadth and depth of data available to identify and align the right patients for various research initiatives, including opportunities to participate in clinical trials, patient surveys, and quality improvement initiatives.  
  • Maximizing data utilization. OMNY Health facilitates more opportunities for each healthcare organization to utilize data at scale. These organizations work closely with OMNY Health to reinforce their internal data usage through better data capture, reporting, and conversion of data into insights. In addition, they rely on OMNY Health to manage relationships with external parties who require access to vetted de-identified real world data. 
  • Enhancing the patient experience. Whether a healthcare provider or researcher, all parties participating in the OMNY Health ecosystem are aligned on a singular goal of improving patient care through innovation. Regardless of how the healthcare provider engages, OMNY Health impacts patient outcomes by focusing on major disease groups that touch large patient populations within broader therapeutic areas, such as dermatology and ophthalmology, while also being able to reach those with rare diseases.

The ever-increasing breadth, depth, and diversity of the OMNY network will allow healthcare providers and researchers to participate in research at scale and accelerate new and improved medical innovations and treatments that help address disparities in health equity. 

About OMNY Health

The OMNY Health ecosystem features a wide range of products that compliantly facilitate collaboration between researchers and providers while maintaining patient privacy. Serving as a key resource and central intermediary, OMNY Health minimizes the effort required by providers and life sciences organizations to achieve these objectives. By aligning the goals of all sides and forging relationships to provide unique, curated data sets and mechanisms to establish compliant partnerships, OMNY Health fuels innovation where patients need it the most. For more information or to join the OMNY Health network, please contact us.

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Editorial

OMNY Health launches ophthalmology-centric real-world data platform in partnership with leading ophthalmology practices focused on improving patient outcomes

In alignment with OMNY Health’s mission to deliver data and insights to accelerate life-changing innovation, these solutions will serve as a catalyst for research and improved outcomes for the 2+ billion individuals impacted by ophthalmic disease

ATLANTA, GA, May 10, 2022 – Today, OMNY Health announced that it has partnered with the nation’s leading community-based ophthalmology practices to launch a first-of-a-kind, real-world data ecosystem focused on driving collaborative research partnerships to advance treatments and improve outcomes in patients with ophthalmic disorders.  Derived from electronic health record data, OMNY solutions provide valuable information on the evolving treatment paradigm for patients with ophthalmic disease, including difficult to obtain insights on the rationale behind treatment decisions, and the impact of social determinants of health on care delivery and outcomes.  De-identified images from retinal scans and other images also are available from ecosystem partners, allowing researchers to view physical changes in condition severity over time.

A diverse set of providers are participating in the ecosystem, from large independent ophthalmology group practices to academic medical centers, integrated delivery networks, specialty hospitals, and regional health systems.  Practices participating in the OMNY ecosystem will leverage OMNY’s platform to opt into clinical trials, prospective observational surveys, and other collaborative research opportunities.

“We are thrilled to welcome our new ophthalmology providers to our network. Over the past year, we have made great strides connecting researchers and providers in the dermatology space and are looking forward to making the same level of impact on ophthalmology,” said Mitesh Rao, MD, CEO, OMNY Health.

“US Eye looks forward to continuing to strengthen our partnership with OMNY Health and find new ways to leverage our data internally,” said Kinga Huse, President, US Eye. “The ability to make more data-driven decisions that improve outcomes and the patient experience will be a valuable asset for our providers and patients.”

“We are excited to have a partner in OMNY that chose to prioritize Ophthalmology. As a data driven organization, we view this partnership as a conduit to leverage our data to gain new insights in providing care for our patients. The added visibility into additional clinical research opportunities will allow our providers to continue their focus on finding new ways to care for and treat our patients in their efforts to preserve sight,” said Amy Goodson-Burke, Chief Revenue Officer, American Vision Partners.

“As a leading administrative services provider for top notch ophthalmology practices, Sight Growth Partners’ primary focus is to listen to our doctors and provide support for them so they can care for their patients in a better way. We are partnering with OMNY Health to do exactly that…exceed our physician’s needs so they can exceed their patient’s needs,” said Jonathan Lujan, CEO, Sight Growth Partners.

“We are thrilled to be a part of the OMNY Health network. It will allow us to better understand our patient populations, obtain more insight into the impact of care patterns on outcomes, and better align clinical trial opportunities with specific patient cohorts,” said David Shoemaker, MD, Founder and CEO, US Eye.

With an uptick in ophthalmology drug research and approvals in the past few years, researchers can utilize this data to expedite clinical trial recruitment and design, understand evolving treatment patterns, assess trends in healthcare resource utilization, understand current gaps in care, conduct comparative effectiveness studies, and partner with ophthalmology practices around joint missions focused on quality improvement and patient outcomes.

Key populations available in the dataset include dry eye (296K patients), dry age-related macular degeneration (AMD) (109K patients), wet AMD (31K patients), and diabetic retinopathy (64K patients). This unique data asset also includes populations with rare eye diseases such as Stargardt Disease and pediatric populations with congenital disease.

Like other OMNY Health specialty-focused databases, the ophthalmology data set also includes information on pharmacy orders, lab results, medical device detail for implants, and detailed provider clinical assessment measures such as best corrected visual acuity and intraocular pressure values. OMNY will be conducting ophthalmology solution demonstrations and presenting results from studies during a variety of events this summer, including ISPOR, DIA, and ICPE.

About OMNY Health

OMNY Health connects patients, providers, and life sciences companies through data and insights to transform healthcare delivery, improve clinical outcomes, and address patients’ unmet needs. Our platform, representing more than 35M patients, enables turnkey research and the ability to convert insights to actions for over 150 disease areas across more than 115,000 providers.

In addition to its ophthalmology data-centered solutions, the OMNY Health ecosystem features a wide range of products that compliantly facilitate collaboration between researchers and providers while maintaining patient privacy. Serving as a key resource and central intermediary, OMNY Health minimizes the effort required by providers and life sciences organizations to achieve these objectives. By aligning the goals of all sides and forging relationships to provide unique, curated data sets and mechanisms to establish compliant partnerships, OMNY Health fuels innovation where patients need it the most.

For more information, go to www.marketing-dev.omnyhealth.com or email lifesciences@omnyhealth.com.

MEDIA INQUIRIES:  please contact Stacey Long, stacey@omnyhealth.com

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Editorial

Three Tips for Building a Strong Security Posture in Healthcare

Regardless of where your company plays in the healthcare industry or your particular role within an organization, cybersecurity in healthcare is of utmost importance and should be a top responsibility for all members of any organization. Below, we share three tips that we implement here at OMNY, but also recommend for any organization in the healthcare industry. 

Tip #1: CIA Triangle 

The first is the CIA Triangle, a set of guiding principles that help ensure data security. CIA stands for Confidentiality, Integrity, and Availability. 1.) Confidentiality is the principle that objects are not disclosed to unauthorized subjects. 2.) Integrity is the principle that objects retain their veracity and are intentionally modified by only authorized subjects. 3.) Availability is the principle that authorized subjects are granted timely and uninterrupted access to objects. For more details, check out this video: 

 Tip #2: Compliance and Certification 

Generally, compliance means adhering to a rule such as a policy, standard, specification, or law. Certification means that your system has been certified to be in conformance (compliance) with all the requirements of a selected standard. A certification is done in five major steps: 1.) Select an industry-standard framework, 2.) Work with a trusted third-party auditor, 3.) Conduct a security gap analysis and remediate gaps, 4.) Undergo the audit and achieve certification, 5.) Maintain certification. For more information, check out this video:

Tip #3: Maintaining Certification 

As you may have guessed, obtaining certification is only the beginning of an ongoing process to maintain that certification. Here are four efforts that your company should implement to maintain a solid security posture at all times: 1.) Make it a company effort, 2.) Automate evidence collection, 3.) Maintain awareness and alert levels, 4.) Set regular security checkpoints. For more information, check out this video:   

We recently implemented all three of these tips with our SOC 2 certification. We found that these three tips were great guidance and hope you can implement some of these to protect your organization as well.

About the Author:

Dr. Maik Lindner is OMNY’s Chief Information Security Officer (CISO). As CISO, he is responsible for the strategic direction and alignment of the Information Security Program. Dr. Lindner has over 25 years of Information Systems experience in multiple industries and currently holds the ISC2 certification CISSP – Certified Information Systems Security Professional. Prior to OMNY he held various positions at Dell and SAP. 

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Editorial

Four Ways to Create Knowledge and Value from Healthcare Data Using Analytics and Data Science

Improving outcomes, lowering costs, and increasing quality — in healthcare, these three objectives are known as the “triple aim.” How does investment in healthcare data and analytics help health systems achieve these goals? This question is important. Too often in this field, workers focus on the “how” while ignoring the “why.” It can be relatively easy for data and analytics teams to build an app or a notebook that “looks cool” or grabs some attention on social media by demonstrating a new functionality; however, the challenge is applying that work towards the healthcare triple aim.  

So how exactly can data and analytics teams contribute towards the healthcare triple aim? At a high level, here are four ways: 

Invest in open-source tools

Sometimes, analytics teams rely on certain tools or software with less favorable properties than others. Some tools are not suited for big amounts of healthcare data and may have file size limitations; some rely on a learning curve that includes “learning where to mouse-click”; some may require expensive licenses. Clinical and healthcare analytics experiences indicate that the future lies in tools that rely/focus on the following: (1) knowledge of coding; (2) open-source, community-based development; and/or (3) repeatable, reproducible, and programmatic processes.   

Embrace new analytics technologies

The field of healthcare can be resistant to change. For example, when automated blood pressure machines were introduced to hospital wards, there was some hesitancy and disbelief that automated cuffs could accurately take blood pressure. Today, these cuffs are a mainstay in hospitals and free up precious time of nurses to achieve other care needs. Analytics technologies that face similar skepticism include specific types of artificial intelligence, including machine learning, deep learning, and natural language processing. 

Align with healthcare systems towards product development

To ensure that time consuming product development will benefit health systems, it is important to involve health systems at multiple points throughout the process. For analytics applications, this involvement often involves using a modern agile approach that focuses on rapid sprints and repeated healthcare system touchpoints, releases, iterations, and improvements of a product, rather than a traditional waterfall model that focuses on a single, lengthy iteration of the software development lifecycle. 

Take advantage of new payment models and government incentives

As the United States switches from a fee-for-service payment system towards a value-based care system that rewards quality over quantity of healthcare services, the government is offering many financial incentives for health systems to improve outcomes, quality of care, and satisfaction. An overview of such programs at the federal level can be found here: https://www.cms.gov/Medicare/Quality-Initiatives-Patient-Assessment-Instruments/Value-Based-Programs/Value-Based-Programs .  

Generating useful insights from healthcare data through analytics is not a one-day project — it can take weeks to several years for relevant teams to achieve desired goals, depending on the bottom-line impact amount and the project. These four high-level ideas described above can serve as a starting point to extract value from healthcare data. Looking forward to bringing you more webinars and blog posts throughout the year that will focus on specific, lower-level techniques and tools for creating knowledge and value from healthcare data. 

About the Author:
Vikas Kumar, MD, MS is a Senior Data Scientist at OMNY Health where he works on data science projects that focus on real-world clinical evidence, machine learning, and natural language processing. In his spare time, he has also authored a book on healthcare analytics, contributed to two online healthcare informatics courses, and currently serves as a teaching assistant for a graduate level data science course at the Georgia Institute of Technology. He holds a Doctor of Medicine degree from the University of Pittsburgh and a Master of Science in Computational Science and Engineering degree from the Georgia Institute of Technology. s across the country in order to help guide the development of innovative solutions that can sustainably impact patient care.

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Product

Accelerate the Pace of Life-Changing Innovation

Hidden deep in healthcare data lies powerful insights and clinical revelations. Knowledge, that when shared with healthcare visionaries, can spark actions that will accelerate the pace of life changing innovations.  Curating this wealth of knowledge requires precise data handling and a sharp focus on balancing two important factors:  Patient Privacy and Care Innovation.  

OMNY Health’s technology solutions deliver immediate value to Life Sciences researchers by delivering standardized patient, encounter, notes, and supply data from a diverse set of providers in a secure cloud platform. With off-the-shelf data, dashboards, reports, and analytics available in a variety of formats and combinations, time to insights and decisions accelerate, so your team can focus on improving access to effective treatments and transforming the lives of patients. OMNY works closely with integrated delivery networks, community hospital systems, and even specialty practices to harmonize their data, enable custom analytics and create a real-word data pipeline. 

These clinical insights are shared with Life Sciences companies for use in expediting Research & Development, driving new therapy launches and accelerating commercialization strategies. And while providers and pharmaceutical innovators benefit significantly from the standardization and flow of useful data, the ultimate winners are the patients.

Here’s an example:

Working with 2 health systems, we uncovered insights that directly informed treatment decisions for Myasthenia Gravis, or MG, patients and powered pre-launch research for a new innovative MG drug . What’s more, we provided real-world context to understand MG therapy burden and barriers to care.

Healthcare data holds the promise of clinical innovation. OMNY can connect you with the quality data you need to inform and transform actions that will make a real difference in patients’ lives. The future of healthcare is accessible today.

 To learn more about this story and how to partner with OMNY Health, please contact us.

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News

OMNY Health Launches Platform to Accelerate Life-Changing Innovations through Data-Driven Insights

Connects data from hospitals, health systems, specialty medical groups with life sciences researchers 

ATLANTA, May 6, 2021 /PRNewswire/ — OMNY Health (OMNY Inc.) today announced commercial availability of the OMNY Health Platform™,  a healthcare data-sharing solution that accelerates innovation by connecting the healthcare ecosystem with opportunities to connect anonymized data with researchers from life sciences organizations. Platform clients can use this data to develop new therapies, enhance treatment availability, and measure effectiveness.

The use of anonymized real-world treatment data to support life sciences companies’ decision-making across healthcare is not new. It is, however, often done without the direct involvement of healthcare providers — the originators of the information. The OMNY Health Platform offers provider organizations of all sizes the ability to participate in data-sharing partnerships with life sciences organizations to support research activities in an efficient and compliant manner.

“As a healthcare executive focused on patient safety and quality, I was often frustrated with our inability to efficiently partner with life sciences companies to help address patients’ treatment challenges and understand unmet needs,” said Mitesh Rao MD, CEO and Founder of OMNY Health. “OMNY Health provides a trusted, compliant solution for patients and providers to build transparent and secure data-driven relationships at scale and with minimal effort.”

The OMNY Health Platform centers on de-identified, normalized electronic health record data, enhanced with tokens that support links across the data ecosystem, all while preserving patient anonymity.  A diverse set of hospitals, health systems, and specialty provider organizations have already agreed to join the network, representing care delivered in more than 39 states and more than 10 million patient lives.

The platform contains more than 100 pre-packaged searchable and downloadable data offerings, aligned to strategic therapeutic areas, drug classes, and procedure groups.  The direct-from-source data on the platform cover both inpatient and outpatient care and all payer types. OMNY can also provide custom data cuts and analyses for life sciences researchers.  Insights from these data can help better understand unmet patient needs, design more efficient clinical trials, and inform strategies to address challenges in access to care.

The number of organizations opting to participate on the data sharing platform is rapidly growing, as are the types of data being made available.

“We focused on creating a flexible, scalable architecture that supports the diverse set of data needed by life sciences organizations to meet multiple use cases across the value chain, and one that could easily integrate into their workflows,” said Sean O’Brien, co-founder and Chief Technology Officer at OMNY.  “Time and budget constraints can hinder life sciences companies from getting the information needed for faster, more-effective decision-making.  Our platform specifically addresses these challenges.”

Solution demonstrations and studies showcasing the diverse data available via the OMNY Health Platform are scheduled to be presented during a variety of events this summer, including ISPOR, DIA, and ICPE.

About OMNY Health OMNY Health connects patients, providers, and life sciences companies through data and insights to accelerate life-changing innovation.  Our easy-to-use, secure platform enables life sciences organizations to engage in collaborative data and research partnerships efficiently, compliantly, and at scale.

The team at OMNY Health imagines a future of patient-centered and evidence-based care. We’ll achieve that mission through a seamless workflow of analysis-to-insight-to-decision-making based on a connected ecosystem of healthcare data and collaboration across the healthcare ecosystem.   

For more information visit www.marketing-dev.omnyhealth.com or e-mail:lifesciences@omnyhealth.com.

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Product

OMNY Health’s Provider Leadership Council

OMNY Health™ is establishing a new Provider Leadership Council (PLC), comprised of executives from leading health systems and specialty networks interested in collaborating on opportunities to leverage real-world data and evidence to address the strategic imperatives facing the U.S. healthcare system.

The intent of the PLC is grounded in our vision for OMNY Health – to support providers in extracting value from their real-world data assets that frequently reside across disparate, fragmented information systems.  

We are inviting health system executives from large integrated networks and specialty medical groups to join us and help drive better evidence-based decisions across the industry. 

We believe this initiative will help health systems who are looking to address issues such as health equity, value-based care reimbursement, adapting to telemedicine/telehealth, as well as enabling patient-centered care initiatives.  Data and analytics will play a critical role in planning, executing, and evaluating the impact of approaches focused on tackling these challenges. 

The benefits of participating in the Provider Leadership Council include:

  • Early access to new features and functionality on the OMNY Health Platform
  • Opportunities to collaborate with OMNY Health on product strategy initiatives
  • Research initiatives to drive additional clinical research opportunities to provider institutions
  • Access to cutting edge technology such as AI and blockchain
  • Networking opportunities with opinion leaders and industry experts

OMNY Health plans to kick off the PLC in March 2021 (updated).  If you are a health system leader who would like to get involved or simply learn more, please contact us today.

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News

OMNY Health™ Debuts at Health 2.0 Launch!

OMNY Health took home the audience vote and the grand prize at Health 2.0

Eight new digital companies took the stage at Health 2.0’s Annual Conference in San Francisco on September 20, 2019 to give the first public demos of their products for the show’s annual “Launch!” event.

OMNY Health™, which aims to disrupt data sharing and give providers more control over the data they sell, took home the audience vote and the $5,000 grand prize. All eight companies boasted interesting ideas and impressive accomplishments so far, and we are honored to be in their company.

To read more, please visit mobihealthnews.com.

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News

HealthTech Arkansas Names Six Startups to Cohort

HealthTech Arkansas named six startup companies, including OMNY Health™, for its second cohort on August 6th, 2019. HealthTech is an accelerator program for healthcare technology startup firms that will collaborate with nine healthcare providers in Arkansas.

The six companies were selected from hundreds of applicants across 18 different countries and are headquartered in innovation capitals like San Francisco, New York, Boston, San Diego, and Seattle. According to HealthTech leaders, the six companies already have 177 full-time employees and have raised over $90 million of external capital after forming the companies.

To read more, please visit talkbusiness.net.