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+--- Thread: PeriGen and WatchChild Combine Forces (/showthread.php?tid=177)
PeriGen and WatchChild Combine Forces - Margaret Kelly - 09-28-2016
PeriGen and WatchChild Combine Forces
Combination to Support CurrentlyInstalled Systems and Introduce
New Technology and Services toClients
Users of both the PeriGen PeriCALM®and WatchChild systems will continue using their current systems with full contracted support. Going forward customers will have access to incremental clinical tools, analytics, increased enterprise management and interfacing libraries as well as a telemedicine infrastructure. Together PeriCALM and WatchChild count many of the nation’s leading healthsystems and clinicians as clients, development partners, and research collaborators.
PeriGen’s AI-driven clinical decisionsupport (CDS) tools are FDA-cleared and its pattern recognition software was validated in an independent study published by theNICHD. The tools providevaluable clinical, financial and operational benefits to users and will be made available to WatchChild customers.
Additionally, the company will takeadvantage of unique and significant advances that WatchChild has made in Enterprise Software Management, electronic health record (EHR) integration and immediate access to maternal/fetal data. The combined investments in research anddevelopment as well as personnel will also result in expanded clinical, implementation and customer support teams.
The go-forward entity will be led byPeriGen chief executive officer Matthew Sappern. The management team will include senior executives from both companies, including the appointment of Brian Bishop, currently the general manager of WatchChild, as chief product officer responsible for product strategy and development.
“When the PeriGen and WatchChildteams came together to discuss a combination, we shared a vision to provide a suite of clinical and IT management tools that go far beyond basic fetal surveillance and EHR interfacing” said Sappern. “Our respective customers are demanding a strategic solution rather than just a utility that digitizes the fetal strip; they want more clinical, financial and operational control and impact.”
Steven Clark, M.D., professor of maternalfetal medicine at Baylor College of Medicine commented, “I’ve had the pleasure of working independently on research projects with the PeriGen team and seeing how well the technology can augment nursing to the benefit of patients, clinicians and research teams. As a current WatchChild customer, I am excited about this combination.”
“All of us on the WatchChild team areenthusiastic about what this means for our customers in the way of innovation, resources and commitment to advances in patient safety and operational excellence,” said Bishop. “Building on these two platforms, sharing ideas and experience, is an exciting opportunity for the company, our customers and, ultimately, patients.”
Inconjunction with the WatchChild acquisition, PeriGen has closed an investment round led by Ambina Partners that includes participation by existing PeriGen investors Galen Partners and Trident Capital. As a result of this investment, Greg Share, Ambina Partners’ founder, will join PeriGen’s board, together with John Gomez, CEO of cyber security firm Sensato and former CTO of Allscripts.
Together PeriCALM and WatchChild owna sizable footprint in the market with hundreds of clients and installations across the country spanning academic medical centers, tertiary centers, community hospitals and critical access facilities.
ABOUT PERIGEN, INC.
PeriGen offers innovative perinatal software solutions that incorporate artificial intelligence (AI) features to enhance clinical efficiency and standardization of care during childbirth. Led by skilled OB practitioners and IT visionaries, PeriGen has created the PeriCALM platform to provides consistent analysis and efficient display of complex data in real-time to promote better human recognition and communication about impending problems during labor. With PeriCALM clinicians can spend more time on direct patient care and less time on manual calculations and data manipulation. To learn more, visit www.perigen.com; follow uson Twitter, LinkedIn, YouTube, and Facebook; or call877.700.4755 or email.
ABOUT HILL-ROM HOLDINGS,INC.
Hill-Rom is a leading global medical technology company with10,000 employees worldwide. We partner with health care providers in more than 100 countries by focusing on patient care solutions that improve clinical and economic outcomes in five core areas: Advancing Mobility, Wound Care and Prevention, Clinical Workflow, Surgical Safety and Efficiency and Respiratory Health. Around the world, Hill-Rom's people, products, and programs work towards one mission: Every day, around the world, we enhance outcomes for patients and their caregivers. Visit www.hill-rom.comfor more information.
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Media Contact:LynneHagan
PeriGen
609.240.2209
lynne.hagan@perigen.com
Michelle
Noteboom
AmendolaCommunications for PeriGen
512.426.2870
mnoteboom@acmarketingpr.com