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News Article | May 16, 2017
Site: www.prnewswire.com

"As Catasys continues to grow, we recognize the need to further expand and strengthen our senior management team. Our established customer base of leading health insurance plans and the scaling of our behavioral health services across the U.S., positions us to attract top industry talent. We are also planning to make additions to our scientific data capabilities," concluded Mr. Peizer. Mr. Shirley joins Catasys with approximately 20 years of finance experience, including senior leadership roles at healthcare technology and big data companies.  As CFO of GE Intelligent Platforms, he led the finance function during a period of rapid expansion.  Following the 2016 merger of GE Intelligent Platforms into a newly formed GE Digital unit, Mr. Shirley led the integration effort, ensuring that the business continued to perform and deliver on its growth commitments. Prior to GE Digital, Mr. Shirley was the Financial Integration Leader for GE Healthcare, where he led the financial integration and delivery of deal model expectations following its acquisition of API Healthcare. Mr. Shirley commented, "I am excited to be joining the Catasys team at this point in its history.  The established agreements Catasys has with some of the largest health insurance plans in the country is a testament to the OnTrak solution.  I look forward to working alongside the rest of the Catasys team and help improve efficiencies in the business and support overall growth." About Catasys, Inc. Catasys, Inc. provides big data based analytics and predictive modeling driven behavioral healthcare services to health plans and their members through its OnTrak solution. Catasys' OnTrak solution--contracted with a growing number of national and regional health plans--is designed to improve member health and, at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions. The solution utilizes proprietary analytics and proprietary enrollment, engagement and behavioral modification capabilities to assist members who otherwise do not seek care through a patient-centric treatment that integrates evidence-based medical and psychosocial interventions along with care coaching in a 52-week outpatient treatment solution. OnTrak is currently improving member health and, at the same time, is demonstrating reduced inpatient and emergency room utilization, driving a more than 50 percent reduction in total health insurers' costs for enrolled members. OnTrak is currently available to members of several leading health plans in Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Missouri, New Jersey, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia and Wisconsin. For further information, please visit www.catasys.com. Forward-Looking Statements Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond our control, which may cause actual results to differ materially from stated expectations. These risk factors include, among others, changes in regulations or issuance of new regulations or interpretations, limited operating history, our inability to execute our business plan, increase our revenue and achieve profitability, lower than anticipated eligible members under our contracts, our inability to recognize revenue, lack of outcomes and statistically significant formal research studies, difficulty enrolling new members and maintaining existing members in our programs, the risk that treatment programs might not be effective, difficulty in developing, exploiting and protecting proprietary technologies, intense competition and substantial regulation in the health care industry, the risks associated with the adequacy of our existing cash resources and our ability to continue as a going concern, our ability to raise additional capital when needed and our liquidity. You are urged to consider statements that include the words "may," "will," "would," "could," "should," "believes," "estimates," "projects," "potential," "expects," "plan," "anticipates," "intends," "continues," "forecast," "designed," "goal," or the negative of those words or other comparable words to be uncertain and forward-looking. For a further list and description of the risks and uncertainties we face, please refer to our most recent Securities and Exchange Commission filings which are available on its website at http://www.sec.gov. Such forward-looking statements are current only as of the date they are made, and we assume no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/catasys-appoints-new-chief-financial-officer-300458099.html


An efficient protocol for C-H activation provided a greener and sustainable approach to angiotensin II receptor blockers (ARBs). The use of PPh3 in a specific ratio to inexpensive RuCl3·xH2O resulted in a discovery of an unprecedentedly efficient catalytic system for C-H activation which permitted a practical access to ARBs. The process is atom economical and much greener compared to the previous methods which need stoichiometric amount of hazardous organometallics. © 2011 American Chemical Society.


Seki M.,API Healthcare
RSC Advances | Year: 2014

A Ru-mediated highly efficient direct C-H arylation of α- heteroaromatic benzenes has been accomplished by addition of readily accessible K-bis(2-ethylhexyl) phosphate (BEHPK), which allowed facile and economical access to a wide range of functionalized biaryls including active pharmaceutical ingredients. © 2014 The Royal Society of Chemistry.


A system and method to track time and attendance of an individual at a workplace is provided. The system includes a location tracking system that detects a presence of a portable electronic device carried by the individual, a time clock system that records a registration time of the individual at the workplace, and a main controller. If the main controller receives an electronic communication indicative that the portable electronic device is at the workplace, and if the main controller does not detect recording of the individual registration time at the time clock system, and if the main controller detects a current time at or later than a start time of a scheduled work shift time period of the individual at the workplace, then main controller automatically causes an alert at the portable electronic device prompting the individual to transmit a feedback signal acknowledging need to record the registration time.


A system and method to track time and attendance of an individual at a workplace is provided. The system includes a location tracking system that detects a presence of a portable electronic device carried by the individual, a time clock system that records clock-out registration time of the individual at the workplace, and a main controller. If the main controller receives an electronic communication indicative that the portable electronic device is located at a predefined break or non-work area, and if the main controller does not detect recording of the individual clock-out registration time at the time clock system, then main controller automatically causes an alert at the portable electronic device prompting the individual to transmit a feedback signal acknowledging need to record the clock-out registration time.


A system and method to track time and attendance of an individual at a workplace is provided. The system includes a location tracking system that detects a presence of a portable electronic device carried by the individual, a time clock system that records a registration time of the individual at the workplace, and a main controller. If the main controller receives an electronic communication indicative that the portable electronic device is at the workplace, and if the main controller does not detect recording of the individual registration time at the time clock system, and if the main controller detects a current time at or later than a start time of a scheduled work shift time period of the individual at the workplace, then main controller automatically causes an alert at the portable electronic device prompting the individual to transmit a feedback signal acknowledging need to record the registration time.


News Article | January 22, 2014
Site: venturebeat.com

General Electric just announced it has acquired API Healthcare, a company that sells software to hospitals to improve productivity. The strategic buy-up is in line with GE’s overall strategy to bolster efficiency in hospitals. In June of 2013, the industrial giant announced it would set aside $2 billion for its burgeoning health care practice. Financial terms of the deal have not been disclosed. In April of 2011, API Healthcare walked away from a pending sale to Kronos, its largest competitor, in order to remain a private company. Both Kronos and API Healthcare provide workforce management and patient tracking software to hospitals and smaller health clinics. With the rollout of the Affordable Care Act, now is the optimal time for an exit. The ACA is pushing hospitals to deliver value-based rather than volume-based care. What this means is that doctors will be incentivized to keep patients healthy rather than charge for a battery of expensive procedures and tests. And GE isn’t the only firm that expects to cash in as doctors go digital. Cloud companies like Box recently delved into health care and are building software that is sufficiently secure and compliant. Likewise, venture capital firms are making bets in digital health, and investment is steadily increasing. API Healthcare works with customers to improve transparency by tracking patients at home and during their hospital stay. The tools are also used by health institutions to gain insight into scheduling and staffing, so patients can be matched with the right care provider in real time. According to a news release, API’s tools are used by over 1,600 hospitals and staffing agencies in the U.S. Once the transaction closes, the API Healthcare solutions will join GE Healthcare’s existing offerings and will be branded under the Industrial Internet portfolio. “Health care productivity is more important than ever for hospitals as more patients enter the system and operational costs continue to climb,” said John Dineen, President and chief executive of GE Healthcare in a statement. “Hospitals need operational management systems to drive enterprise-wide efficiencies, reduce unnecessary costs, and enable improved patient care.”


News Article | January 1, 2015
Site: www.businesswire.com

DALLAS--(BUSINESS WIRE)--MD Buyline released the results of the Q4.2014 “User Satisfaction Trending™” survey to MD Buyline members. Healthcare providers across the nation rely on MD Buyline’s healthcare market research for decision support when budgeting, planning, selecting and acquiring medical equipment and technology. “Our members rely on MD Buyline for transparency so they can make the right decisions for their hospital and patients,” said Beverly Schierer, vice president of research and analysis. For more than 30 years, MD Buyline has been researching medical equipment to create transparency between healthcare providers and medical technology suppliers. To develop the quarterly “User Satisfaction Trending™” reports, MD Buyline’s industry experts survey hundreds of end users to gain customer experiences on system performance, system reliability, installation/implementation, application training, service response time and service repair quality. This in-depth and dynamic data enables MD Buyline’s clinical analysts to map trending for ratings and end-user feedback on technologies and suppliers. The suppliers listed below received the highest ranking in their class for overall customer satisfaction. MD Buyline members can review “User Satisfaction Trending” data on more than 100 medical technologies through MD Buyline’s online portal of proprietary clinical research. For more information or to speak with an analyst, contact MD Buyline at 1-800-375-5463 or send an email to info@mdbuyline.com. Healthcare providers recognize MD Buyline as the leading provider of evidence-based information and research. By creating transparency and fostering consultative relationships, MD Buyline has partnered with providers for more than three decades to identify cost reduction opportunities for purchased services, consumables, capital and IT. Providers rely on MD Buyline’s data and clinical analysts for financial and clinical insight to reach long- and short-term goals. For more information, please visit www.mdbuyline.com, and follow MD Buyline on Twitter, @MDBuyline.


News Article | August 5, 2015
Site: www.computerworld.in

General Electric is pitching a cloud service for the Internet of Things market, but its focus is primarily on heavy industries like aviation, healthcare, energy and transportation. General Electric is pitching a cloud service for the Internet of Things market, but its focus is primarily on heavy industries like aviation, healthcare, energy and transportation. The company said Wednesday that its platform-as-a-service (PaaS), designed for industrial data and analytics, will be based on its Predix platform that will enable companies to develop apps that can use real-time operational data to provide insight for better and faster decision-making. GE mentioned the capturing and analyzing of time series data from a locomotive with thousands of sensors and the delivery of large object data like a 3D MRI (Magnetic resonance imaging) image to a doctor for diagnosis as examples of the kind of machine data its Predix Cloud was purpose-built to store, analyze, and manage in real time. Japanese Internet and telecommunications company, SoftBank, licensed the Predix platform technology in December last year to develop custom apps for new markets such as shipping and manufacturing. A number of cloud service providers, including Amazon Web Services and Microsoft's Azure, are targeting the emerging market for IOT services that will collect and analyze data from sensors located in a wide variety of connected equipment and devices. If the connected devices in the consumer world are likely to be fitness-tracking devices and home appliances, in the heavy-industry market these are likely to be sensor-packed jet engines, turbines and hospital equipment. The kind of industries and applications that the Predix cloud will address will likely be high-sensitive industrial applications that could be ripe targets for security attacks, a point that has not been lost on GE, which said that its cloud was designed with advanced security protocols, including customized, adaptive security solutions for industrial operators and developers. The Predix cloud is also based on a "gated community" model that limits tenants to those that are part of the industrial ecosystem. Customers will be offered an on-demand, pay-as-you-go pricing mechanism, with the option to scale when required. The cloud will be available commercially from next year. GE businesses are planning to migrate their software and analytics to the Predix cloud in the fourth quarter of this year. GE has long indicated it would like to be a player in that part of the IOT market that it calls the industrial Internet. In 2013, it invested US$105 million to acquire a 10 percent stake in Pivotal, with the aim of using Pivotal's technology as a source for delivering data analytics and cloud architecture to its customers. It also acquired API Healthcare, a healthcare workforce management software and analytics technology provider, in 2014, to expand its business in providing real-time access to operational data to hospitals. John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com


News Article | April 30, 2015
Site: www.businesswire.com

MINNEAPOLIS--(BUSINESS WIRE)--Qumu Corporation (NASDAQ: QUMU) today announced the appointment of Peter J. Goepfrich as Chief Financial Officer of Qumu, effective May 18, 2015. He replaces James Stewart who, as previously reported, is retiring from Qumu effective September 30, 2015. Mr. Goepfrich has 15 years of experience in senior financial positions, primarily within the software industry. He was most recently Vice President and Chief Financial Officer of Deluxe Corporation, Small Business Services, which he joined in 2014. He also served as CFO for two leading software solution providers for the healthcare industry. “Peter will be a strong addition to our senior management team,” said Sherman Black, Chief Executive Officer of Qumu. “He has deep software industry experience and expertise in managing change at rapidly growing companies. He is results-oriented and has an excellent track record of supporting revenue growth with sound expense control. He has a strong background in public accounting, as well as leading and managing M&A strategies and corporate finance activities, and he has been the CFO of a publicly-traded company. With his skills and background, we believe Peter will be instrumental in helping Qumu get to the next level and we look forward to his contributions.” Prior to joining Deluxe, Mr. Goepfrich was Chief Financial Officer of API Healthcare Corporation, a leading provider of workforce management software solutions to the healthcare industry. He held this position for two years until the company was sold to General Electric in 2014. Before API, Mr. Goepfrich spent eight years in increasingly responsible financial positions, including Chief Financial Officer, at Vital Images, a publicly-traded advanced visualization and analysis software company for the healthcare industry that was purchased by Toshiba in 2011. He joined PricewaterhouseCoopers LLC in 1997, where he spent seven years primarily auditing technology companies. He has a B.A. in Accounting from St. Mary’s University. Mr. Goepfrich will replace James Stewart who announced his retirement in March. Mr. Stewart will remain with the company supporting the transition until September 30, 2015. “I want to thank Jim for his dedication, hard work and many contributions to Qumu, including our divestiture of the disc publishing business and the acquisition of Kulu Valley. I wish him all the best in his future endeavors,” said Mr. Black. In connection with his appointment as Chief Financial Officer, Mr. Goepfrich will receive an "inducement award" as defined by NASDAQ Listing Rules, consisting of a nonqualified stock option to purchase 130,000 shares of Qumu’s common stock. The option will be granted on the first day of Mr. Goepfrich’s employment, expected to be May 18, 2015, and will have an exercise price equal to the fair market value of Qumu’s common stock on the date of the grant. The option will vest in four equal installments on each of the first four anniversaries of the date of grant and will have a term of seven years. The inducement award will be granted outside of the terms of the existing Qumu equity incentive plans, was approved by the Compensation Committee of Qumu’s Board of Directors, and was granted pursuant to NASDAQ Listing Rule 5635(c)(4). Video is today’s document. Qumu Corporation (NASDAQ: QUMU) provides the tools businesses need to create, manage, secure, deliver and measure the success of their videos. Qumu's innovative solutions release the power in video to engage and empower employees, partners and clients. Organizations around the world realize the greatest possible value from video they create and publish using Qumu. Whatever the audience size, viewer device or network configuration, Qumu solutions are how business does video. Additional information can be found at www.qumu.com.

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