NEW YORK — Hearst Health Ventures, a unit of Hearst, has made an undisclosed investment in Lightbeam Health Solutions, a market leader in technology services that help healthcare providers better manage groups of patients. The announcement was made by Hearst President and CEO Steven Swartz and Hearst Business Media President Richard Malloch.
Lightbeam, led by CEO Pat Cline, offers a proven, turnkey solution that gathers and analyzes large volumes of clinical data, as well as claims and social and behavioral data, from disparate sources. This allows for the delivery of meaningful and actionable information to care managers and physicians at the point of care. The company is based in Irving, TX.
“Technology solutions can help healthcare professionals deliver higher quality care through intelligent data and analysis, and Lightbeam is leading the way in this endeavor,” Malloch said. “Hearst is committed to supporting organizations like Lightbeam that are bringing about positive changes in healthcare management.”
“We are very pleased to be working with Hearst Health Ventures in advancing our shared goal of providing the insight and capabilities that healthcare providers need to ensure patients receive the right care at the right time,” Cline said.
“Our investment in Lightbeam Health Solutions will help us expand Hearst Health’s interests and involvement in population health,” said Hearst Health President Gregory Dorn, MD. “We are excited to be partnering with Pat Cline and the entire Lightbeam team, true pioneers in this important field.”
With the investment, Hearst Health Ventures managing director Ellen Koskinas will join the board of directors for Lightbeam. Hearst Health Ventures is part of the Hearst Health network, which includes FDB (First Databank), Zynx Health, MCG and Homecare Homebase.