Eric Allyn Invests in EagleDream Health Series A, Joins Board of Directors
Former Co-Chair of Welch Allyn Board of Directors and fourth generation family owner Eric Allyn brings over 25 years of experience in healthcare
Rochester, NY, May 4, 2016 (Newswire.com) - EagleDream Health, Inc., a leading value-based healthcare data analytics, software and services company, today announced a Series A investment by Mr. Eric Allyn, the fourth generation family owner and co-chair of the Welch Allyn Inc. board of directors prior to the company’s sale last year to Hill-Rom Holdings Inc. for $2.05 billion. Allyn will immediately join the EagleDream Health board, bringing extensive industry and board experience from a career spanning over 25 years.
According to EagleDream Health President and CEO, Dr. Betty Rabinowitz, the investment will accelerate execution of the company’s strategy of helping healthcare provider organizations transition from fee-for-service volume to value-based reimbursement and accountable care delivery.
"Our powerful analytics engine, which integrates both clinical and claims data feeds, provides a foundation for measuring value that informs many of the decisions provider organizations are increasingly facing, including care management and financial challenges."
Dr. Betty Rabinowitz, Chief Executive Officer
“EagleDream Health’s focus is on delivering actionable information to help integrated healthcare systems and physician networks measurably improve quality and financial outcomes.” said Rabinowitz. “Our powerful analytics engine, which integrates both clinical and claims data feeds, provides a foundation for measuring value that informs many of the decisions provider organizations are increasingly facing, including care management and financial challenges.”
Allyn is a member of several other boards of directors, including being Vice Chairman of Healthcare Trustees of New York State, which oversees the education and advocacy of trustees of New York hospitals, and Chairman of Auburn (NY) Community Hospital. He also serves on the boards of GOJO Industries, Pharma Tech Industries, and Family Firm Institute.
“Eric has a keen understanding of the rapidly changing dynamics in the industry, including an appreciation for the growing needs healthcare providers have for precise data and insights to confront managing risk and delivering the coordinated care mandated by value-based reimbursement contracts.” said Scott Gucciardi, EagleDream Health Chief Business Development Officer. “His investment is recognition of our distinctive capabilities to help providers meet these demands.”
About EagleDream Health, Inc.
EagleDream Health, Inc. is a healthcare analytics software and services company based in Rochester, NY. EagleDream Health delivers a modular, cloud-based, SaaS solution that utilizes clinical, financial, and claims data to manage large patient populations in a quality-focused, cost-efficient, user-friendly manner, supporting healthcare organizations’ transition from volume to value. For more information, visit www.eagledreamhealth.com.
Source: EagleDream Health, Inc.
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Tags: EagleDream, Eric Allyn, Healthcare IT, Healthcare software, Network Management