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Apervita, who once claimed to be the leading health analysis market, ceased operations on October 1.
Chief IT and Innovation Officer Blackford Middleton wrote in a LinkedIn post that the company failed to mobilize enough resources in its second round of funding.
“It was a great race full of innovation and impact,” he said.
WHY IS IT IMPORTANT
As an analytical startup, Apervita had forged partnerships with major healthcare systems, including cleveland clinic and Mayo. Last June, he acquired the AI-based data abstraction technology from Carta Healthcare for his platform interoperability layer.
As Middleton pointed out in their LinkedIn post, the provider was also the first organization to develop an independent “market of algorithms and applications” for electronic health records and the first organization to support execution. large-scale digital quality measurements.
He had also created, Middleton said, an industry-first cloud-native test and build runtime environment for creating and running digital CQL metrics.
The team had deployed the Joint Commission direct data submission platform to more than 3,500 healthcare organizations in the United States, as well as software development to integrate cognitive support into disparate EHRs and EHRs. tools to support practice-based research.
Apervita had also launched its clinical intelligence tools through strategic joint development relationships, aimed at demonstrating the convergence of computable clinical guidelines and quality measurement.
Middleton also touted the provider’s VitalTM platform, which he said represented advancements towards a learning health system.
“Even with this market momentum, however, we have struggled with our second round of funding and we are simply running out of track,” he wrote. “As a result, we ceased our activities on October 1, 2021.”
As of Wednesday, Apervita’s website was still live and no notice had been posted regarding the shutdown.
THE BIGGEST TREND
Middleton had spoken often of Apervita’s role in advancing a learning health system.
In a recent Questions and answers with IT health news he described “the healthcare and healthcare delivery technology system that creates and uses interoperable healthcare data, monitors and measures all important aspects of care, uses shareable computable knowledge, and incorporates feedback loops to improve care and refine the calculations. practice guidelines and machine learning algorithms that create cognitive assistants in the delivery of care. ”
Middleton, who is a member of the advisory board of the HL7 standards body, also stressed the importance of interoperability – for which Apervita had released a tool in 2020 – towards achieving this goal.
“The interoperability of data and knowledge (…) are the cornerstones of this vision,” he said.
ON THE RECORD
“We would like to thank the many organizations and individuals who have dedicated themselves to our mission – our partners, our customers, our investors and – most importantly – our employees,” Middleton wrote. We are truly grateful. “
Kat Jercich is Editor-in-Chief of Healthcare IT News.
Twitter: @kjercich
E-mail: [email protected]
Healthcare IT News is a publication of HIMSS Media.
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