Ziegler Announces Investment in Certify Data Systems, Inc.
8/28/2008 - Ziegler News Release
CHICAGO — August 25, 2008 —Ziegler HealthVest Partners, LP – a venture capital fund investing in early- to middle-stage healthcare services, healthcare IT and wellness – announced that it closed a Series A investment in Certify Data Systems, Inc. — a healthcare information technology company.
Certify Data Systems, Inc., a California-based company, provides a communication gateway that facilitates the exchange of information among or across disparate healthcare information or data systems. In today’s world, hospitals, physicians and other healthcare providers need the capability to share clinical and other types of data on a secure, real time basis so all parties have current and often critical health information available to provide optimum patient care. Certify Data Systems software provides the capability to transform data from communication modes such as Health Level Seven (HL7), a standard healthcare communications protocol, to communication modes most common to physicians and other providers offices, such as fax or e-mail. Uniform data can then be shared among all appropriate parties on a secure, automatic basis regardless of the type of data they can send, store or receive.
Certify’s ability to connect different systems preserves previous IT investment and reduces re-keying of data, resulting in greater efficiency and improved patient care. Keith Henthorne, managing director of HealthVest Management, LLC, notes, “The inability for hospitals and referring physicians to share information important to the patients’ care is a very real problem. Certify is a game-changer and will allow for doctors and hospitals to share important information on a secure, real time basis that is completely HIPAA compliant.” Certify Data Systems’ Founder and CEO Marc Willard concurs, “Certify provides a real solution to a frustrating problem in the healthcare community. We are pleased to have Ziegler as our partner as we grow our company.”
Ziegler will join the Certify Data Systems board.
Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry and the strength of the healthcare sector of the U.S. economy.