Google Cloud Launches Healthcare Interoperability Readiness Program

Google Cloud Launches Healthcare Interoperability Readiness Program

What You Should Know:

– Google Cloud launches Healthcare Interoperability
Readiness Program to help healthcare organizations achieve healthcare data interoperability.


Today,
Google Cloud launched the Google Cloud Healthcare Interoperability Readiness
Program, helping organizations achieve data interoperability in advance of
upcoming HHS deadlines and to enable future innovation. Alongside partners like Bain, BCG, Deloitte, HCL,
KPMG, SADA, and more, the Healthcare Interoperability
Readiness Program will help healthcare organizations understand the current status
of their data and where it resides, map out a path to standardization and
integration, and make use of data in a secure, reliable, compliant manner.

Google Cloud Interoperability Readiness Program

This program provides a comprehensive set of
services for interoperability, including: 

HealthAPIx Accelerator provides
the jumpstart for the interoperability implementation efforts. With best
practices, pre-built templates and lessons learned from our customer and
partner implementations, it offers a blueprint for healthcare stakeholders and
app developers to build FHIR API-based digital experiences.

Apigee API Management provides the underpinning and enables a security and governance layer to deliver, manage, secure and scale APIs; consume and publish FHIR-ready APIs for partners and developers; build robust API analytics, and accelerate the rollout of digital solutions.

Google Cloud Healthcare API enables
secure methods (including de-identification) for ingesting, transforming,
harmonizing, and storing your data in the latest FHIR formats, as well as HL7v2
and DICOM, and serves as a secondary longitudinal data store to streamline data
sharing, application development, and analytics with BigQuery. 

– Interoperability toolkit that includes solution architectures, implementation guides, sandboxes, and other resources to help accelerate interoperability adoption and streamline compliance with standards such as FHIR R4. 

COVID-19 Pandemic Underscores Drive to Accelerate
Interoperability

“With COVID-19 underscoring the importance of even more data sharing and flexibility, the next few years promise to accelerate data interoperability and the adoption of open standards even further—ideally ushering in new and meaningful partnerships across the care continuum, new avenues for business growth, and new pathways for patient-centered innovation,” stated in the announcement blog post.  

Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital

Jim Momtazee and Maria Walker form health care investment firm Patient Square Capital
Jim Momtazee,
Managing Partner at Patient Square Capital

What You Should Know:

– Former KKR veteran Jim Momtazee announced the launch of
Patient Square Capital, a partnership being purpose-built to become the
preeminent investment firm in healthcare. 

– Patient Square will partner with best-in-class
management teams whose products, services, and technologies improve
health. 

– Prior to Patient Square, he spent over 21 years
at KKR, initially joining in 1996. He helped establish the firm’s health
care industry group in 2001 and subsequently was Head of the Americas Heath
Care Team for over 10 years.


Private equity veteran Jim Momtazee, today announced the
formation of healthcare investment firm, Patient Square Capital.  Patient
Square will partner with best-in-class management teams whose products,
services, and technologies improve health. The Patient Square team has a shared
vision to create an investment firm capable of managing large pools of capital
and with the expertise to meet the considerable and critical needs of the health
care world. 

Jim Momtazee Background

Mr. Momtazee is the Managing Partner of Patient
Square. He is a 21-year veteran of KKR, where he helped form its
Health Care Industry Group in 2001 and subsequently led the group for over 10
years.

In that role, he managed a team of over 20 dedicated health
care professionals overseeing five different health-care-related investment
strategies including private and growth equity.  He was a member of the
Americas Private Equity Investment Committee beginning in 2013 and was Chairman
of both the Health Care Strategic Growth and Health Care Royalty & Income
Investment Committees. 

Among the major health care investments made during Mr.
Momtazee’s tenure at KKR was Jazz Pharmaceuticals (2004); HCA (2006),
a $33 billion transaction which at the time was the largest cash buyout in
history; PRA Health Sciences (2013); and BridgeBio Pharma (2016). Mr. Momtazee
currently serves on the Boards of Directors of BridgeBio, PRA Health Sciences
(lead independent director), and the Medical Device Manufacturers Association.
He previously served on the Boards of Directors of Ajax Health, Alliance
Imaging, Arbor Pharmaceuticals, BrightSpring Health Services, Covenant Surgical
Partners, EchoNous, Entellus Medical, Envision Healthcare, Global Medical
Response, HCA, Heartland Dental, Jazz Pharmaceuticals, Lake Region Medical, and
Spirox.

Maria Walker to Serve as CFO

Mr. Momtazee is joined by Maria Walker, Partner & Chief
Financial Officer of Patient Square.  Ms. Walker has extensive experience
across private equity and health care, including 17 years at KPMG where she
served as a senior partner and a global lead in its private equity
practice.  

Patient Square Capital Investment Focus

Patient Square intends to build a distinctive and diverse
partnership with deep health care experience and a shared commitment to build a
world-class investment firm.  Patient Square will seek opportunities to
invest broadly across the healthcare industry, including technology-enabled
services, biopharmaceuticals, the pharmaceutical value chain, medical devices,
diagnostics, providers, digital health
and consumer health.