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NANTHEALTH INC

(NH)
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NantHealth : reg; Debuts Multiple Connected Care Initiatives at HIMSS

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02/12/2019 | 08:06am EST

Collaboration with Leading Kidney Care Vendors, Intelligent Health and Connected Care Showcased

NantHealth, Inc. (NASDAQ: NH), a leader in connected care solutions, will unveil a series of new initiatives designed to improve patient outcomes and provider satisfaction at the 2019 Healthcare Information and Management Systems Society (HIMSS) Annual Conference and Exhibition taking place this week in Orlando. NantHealth’s main booth location will be #4944. The company will also be featured in the HIMSS Interoperability Showcase™ and the Intelligent Health Pavilion™. NantHealth’s executive, Wesley Madden, BSN, RN, Vice President of Connected Care, will be a featured speaker on “The Future of Medical Device Integration (MDI) Across the Continuum of Care” on February 13th at 11:30 a.m.

“NantHealth is consistently exploring how technology can accelerate data availability for clinicians in order to make more informed decisions, from cancer care to dialysis and much more. Together, our researchers and technology experts are advancing technologies that may lead to more accurate care plans and better data for the management of patient care,” said Wesley Madden, BSN, RN, Vice President of Connected Care, NantHealth. “We’re proud of the innovative initiatives that are coming from our NantHealth team, and we see each day that they are making a difference in the lives of patients and their care teams.”

NantHealth Collaborates with Leading Kidney Care Vendors

NantHealth will demonstrate its latest data delivery capabilities in a kidney care use case at the HIMSS Interoperability Showcase in Hall F - Booth #9100, which brings together multiple vendors with kidney and dialysis treatment solutions. Leveraging NantHealth technology, like the DeviceConX™ platform, clinicians may improve their productivity and reduce error-prone, manual transcription throughout the continuum of care in areas like kidney care.

NantHealth offers a flexible software-based solution that facilitates the transfer of patient data from nearly any medical device, including leading dialysis machines, and delivers that data to the EMR or other clinical repository. The vendor-neutral nature of the solution is important because it helps healthcare systems overcome data fragmentation, thereby allowing anyone caring for the patient to access that patient’s complete health record because of data aggregation through bedside PCs, laptops, tablets and workstations-on-wheels.

NantHealth’s solutions are built upon vendor-agnostic architecture and include a growing library of more than 500 medical devices for integration.

As part of the HIMSS Interoperability Showcase, NantHealth will collaborate with leading healthcare and IT vendors, including Care Evolution, Dell Boomi, DevCool and Meehealth, to show how one patient with end-stage renal disease (ESRD), who required life-sustaining treatments, may be able to see improved outcomes.

NantHealth’s Streamlined Patient Intake Vitals Workflow and Low Acuity Vital Sign Transfer

NantHealth will demonstrate new components of its connected care work in the Intelligent Health Pavilion in Hall E - Booth #8559. The company will highlight use cases including:

  • Streamlined Patient Intake Vitals Workflow and Low Acuity Vital Sign Transfer - NantHealth will demonstrate how the company’s VitalsConX solution enables clinicians to spend less time entering data during a normal shift and spend more time caring for patients. Industry studies have shown that manual data entry decreases clinician satisfaction and increases the likelihood of transcription-related medical errors that could negatively impact patient care.
  • Connecting the Modern Operating Room - Since hospital ORs and ambulatory surgical centers (ASC) can have several different vendor devices, serving a multitude of roles, NantHealth’s DeviceConX can act as the collector, aggregator and vehicle for data transfer across many different device vendors. With a single data feed to the clinical information system, the hospital will have fewer interfaces to manage. NantHealth’s DeviceConX can also deliver value to hospitals by network-enabling legacy devices from a variety of vendors allowing them to achieve connectivity without the need to invest in new medical devices.

The Future of Medical Device Integration (MDI) Across the Continuum of Care

Wesley Madden, BSN, RN, Vice President of Connected Care, NantHealth, will be a featured speaker at the Intelligent Health Pavilion Innovation Theater on February 13th at 11:30 a.m., discussing NantHealth’s expertise in connected care and how MDI will evolve across the continuum of care and empower AI platforms.

For more information or to set up a briefing with NantHealth at HIMSS, please visit: NantHealth briefing at HIMSS.

About NantHealth, Inc.
NantHealth provides innovative solutions across the continuum of care for patients, physicians, payers and biopharmaceutical organizations. Connected Care, NantHealth’s Medical Device Interoperability (MDI) solution, provides hundreds of health systems across the globe with vendor-neutral device connectivity. Our combined hardware-software offering delivers high-resolution, low-latency medical device data to a broad range of clinical systems including EMRs and research databases. For more information, please visit nanthealth.com.


© Business Wire 2019
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Financials ($)
Sales 2018 89,7 M
EBIT 2018 -56,0 M
Net income 2018 -122 M
Debt 2018 -
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
Capi. / Sales 2018 0,71x
Capi. / Sales 2019 0,61x
Capitalization 63,7 M
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Number of Analysts 2
Average target price 2,48 $
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Patrick Soon-Shiong Chairman & Chief Executive Officer
Ronald Allen Louks Chief Operating Officer & Director
Bob Petrou Chief Financial Officer
Sandeep K. Reddy Chief Medical Officer
Michael S. Sitrick Independent Non-Employee Director
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