Pune, Maharastra-based Persistent Systems acquired Boston, MA-based hospital data management company, Herald Health, a two-person health tech startup with successful pilots at Brigham and Women’s and Boston Children’s Hospitals in Boston. The deal was closed for $5.2 million.
Herald Health has created a software platform that allows various hospital stakeholders to be automatically notified when data in the EHR and other data systems, changes. The startup aimed to transform the data overload that swamps healthcare professionals into clear and actionable insights. The company was born out of a hackathon sponsored by the Digital Innovation Hub (iHub) at Brigham and Women’s Hospital in 2015, and has not raised funding or hired full-time employees beyond the two co-founders Brad Diephuis, MD, MBA and Andrew Hillis, PhD.
Rahul Patel, general manager, Healthcare Solutions, at Persistent Systems said, “This acquisition further strengthens our IP portfolio in healthcare that includes our co-innovation work with leading university health systems and research organizations, as well as solutions that we’ve built jointly with our partner ecosystem. This kind of innovation by Herald Health is driving change in healthcare.”
