Practice Fusion Signs 122 Partnership Deals with Health System, Hospital, Lab and Imaging Clients in 2014
SAN FRANCISCO, July 17, 2014 /PRNewswire/ -- Practice Fusion, the country's largest physician-patient community, reported today that it has signed 122 revenue-generating deals with health systems, hospitals, clinical labs and imaging centers since the start of 2014. This means more than 440 enterprise partners are now connected to the nation's largest cloud-based electronic health record (EHR) platform. These enterprises pay fees for data transmission, care coordination and population health management.
- Over 150 health systems and hospitals have chosen Practice Fusion to support their clinical integration and provider affiliation initiatives.
- Practice Fusion has 364 labs across the country connected to its platform, with 64 hospitals and independent labs that have signed this year.
- Practice Fusion's imaging partner network quadrupled thus far in 2014 thanks to 58 partnerships with independent chains and hospital radiology clinics.
- Together, these partners facilitate more than 12 million quarterly transmissions, exchanging data across the Practice Fusion network.
"When we invested in Practice Fusion, digital health was at a tipping point. It was clear to us that Practice Fusion had the potential to be a true disruptor and to generate significant revenue," said Beth Seidenberg, MD, general partner, Kleiner Perkins Caufield & Byers. "The progress since the start of the year proves that Practice Fusion is a long-term player that can transform the healthcare ecosystem while staying true to its mission of bringing together physicians, patients and other healthcare participants to improve patient outcomes and save lives."
"Delivering this connectivity in ambulatory medical practice settings is critical," said Ryan Howard, founder and CEO, Practice Fusion. "Since clinical lab results guide 70 percent of medical decisions made by healthcare providers, the connections that Practice Fusion enables can help ensure that the necessary players have the information they need from laboratory tests, CT scans, X-rays and more to deliver critical patient care." (American Clinical Laboratory Association)
About Practice Fusion
Practice Fusion is the largest and fastest-growing healthcare platform, with a mission of connecting doctors, patients and data to drive better health and save lives. A driving force in modernizing American health care, Practice Fusion is used by a community of more than 112,000 monthly active medical professionals with over 81 million patient records. In April 2013, the company launched its consumer-facing platform, Patient Fusion, where patients can find and book appointments with doctors and access their medical records. The World Economic Forum recognized Practice Fusion as a Technology Pioneer for 2013. www.practicefusion.com
- Margaret Farrell
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SOURCE Practice Fusion