Le Lézard
Classified in: Health, Science and technology, Business
Subject: JVN

Raintree Rehab & Physitrack Joint Venture


TEMECULA, Calif., Nov. 12, 2019 /PRNewswire-PRWeb/ -- Raintree Rehab, a division of Raintree Systems that provides the most complete business management solution for physical therapy and rehabilitation operators throughout the United States and Physitrack, an Apple Mobility Partner and world leader in patient engagement technology with customers in 102 countries, today announces a joint venture to develop and market clinical outcomes data solutions.

Both companies have independently been active in the outcomes data arena for several years, with Physitrack providing tools that help providers gather data in lockstep with Home Exercise Prescription from patients in outpatient care, and Raintree with seamless bi-directional integration of outcomes data into its market leading EHR platform.

Raintree and Physitrack have previously collaborated closely in providing engagement tools to thousands of Raintree clients and the new joint venture takes the collaboration one step further, both technically and commercially, with seamless inclusion of outcomes data management for healthcare providers and data analysts that utilize Raintree as the hub for day to day management of patient journeys.

"A practical approach to gathering and analyzing clinical data for physical therapy, occupational therapy, and speech therapy to ensure value preservation has been needed for nearly 30 years. We are excited to partner with Physitrack in this venture with the goal of delivering on that need. As tele-health, AI-based evaluation & assessment tools, and other technology-based advances are introduced into the marketplace, the necessity of outcomes to empower providers and protect the value of the care they provide is paramount," said Terrence D. Sims, Raintree Systems COO

Raintree and Physitrack have previously collaborated closely in providing engagement tools to thousands of Raintree clients and the new joint venture takes the collaboration one step further, both technically and commercially, with seamless inclusion of outcomes data management for healthcare providers and data analysts that utilize Raintree as the hub for day to day management of patient journeys.

"This is a very exciting step for us to take as partners, and timing is perfect given how the US rehabilitation market has matured in terms of its deepened focus on outcomes data gathering and analysis. Initiatives such as MIPS and MACRA are key for the evolution of the US healthcare market, and the tools that Raintree Rehab and Physitrack can jointly provide to healthcare companies will take things to the next level in terms of automation and ease of use for both patients and healthcare professionals," said Henrik Molin, Physitrack CEO

The Raintree-Physitrack joint venture will be launched December 1st, with the integrated solution already available immediately to Raintree clients.

 

SOURCE Raintree Systems


These press releases may also interest you

at 07:55
United Bankshares, Inc. ("United"), today reported earnings for the first quarter of 2024 of $86.8 million, or $0.64 per diluted share. First quarter of 2024 results produced annualized returns on average assets, average equity and average tangible...

at 07:50
Union Pacific Corporation today reported 2024 first quarter net income of $1.6 billion, or $2.69 per diluted share. This compares to 2023 first quarter net income of $1.6 billion, or $2.67 per diluted share. "Our team delivered strong financial...

at 07:35
GeoPark Limited ("GeoPark" or the "Company") , a leading independent Latin American oil and gas explorer, operator and consolidator, today announces its operational update for the three-month period ended March 31, 2024 ("1Q2024"). Oil and Gas...

at 07:35
PHINIA Inc. , a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2024. First Quarter Highlights: U.S. GAAP net sales of $863 million, an increase of 3.4%...

at 07:35
EMCOR Group, Inc. today reported results for the first quarter ended March 31, 2024. For the first quarter of 2024, revenues totaled $3.43 billion, an increase of 18.7%, compared to $2.89 billion for the first quarter of 2023. Net income was...

at 07:35
TriCo Bancshares : Executive Commentary: "The start of the second quarter of 2024 also represents the start of Tri Counties Bank's 50th year of operations. Thinking back to our humble beginnings, we have achieved great success through our...



News published on and distributed by: