Irving Texas — April 7, 2014 – Lightbeam Health Solutions, LLC, a leading provider of population health management solutions to healthcare organizations, is pleased to announce the acquisition of Dynamic Vault, a leading provider of end-to-end data management services.
Dynamic Vault’s cloud based application hosting, disaster recovery, data backup, and lockbox services will serve as a natural extension to Lightbeam’s cloud based population health solutions. This acquisition allows Lightbeam to combine the industry’s most advanced, integrated population health platform with Dynamic Vault’s hosting and disaster recovery capabilities for the health IT applications that currently populate Lightbeam’s Enterprise Data Warehouse. Dynamic Vault’s world-class data centers on each coast will allow better performance and redundancy to Lightbeam’s nationwide client base.
“We are very excited about adding Dynamic Vault’s suite of services to our suite of cloud based solutions. Their reputation in the industry is unparalleled and will provide an added layer of comfort for our clients from a performance and data security perspective.” said Jerry Shultz, President of Lightbeam Health Solutions. “With our combined suite of services, we are well positioned to have a marked impact on improving both clinical and financial outcomes for patients, payers, and providers.”
Joseph Giroux, Chairman of Dynamic Vault, commented, “We are thrilled to join Lightbeam Health. The ability to improve patient care through data analysis starts with good, secure data management. With Lightbeam’s support, Dynamic Vault will be even better positioned to deliver solutions that make managing healthcare data and applications safer and easier. The single driving force for quality, efficiency, and risk mitigation is industry-leading, secure, compliant, end-to-end data management. Strategically, this combination is a natural progression of our mutual commitment to the healthcare sector.”
About Dynamic Vault
Dynamic Vault is a highly secure end to end Cloud data management solution that enables clients to effectively manage technology, be prepared for any disasters, and react to disasters while ensuring minimal business disruption with significant cost savings.The Dynamic Vault team has provided Cloud hosting, data backup, Cloud disaster recovery solutions, internet and managed services for over 20 years, handling the medical records for millions of patients for tens of thousands of doctors and hospitals all over North America.For more information, please visit www.dynamicvault.com.
About Lightbeam Health Solutions
Lightbeam Health Solutions delivers a revolutionary model for managing patient populations and associated risk. Lightbeam’s vision is to bring health data into the light through the use of analytics and to provide the insight and capabilities healthcare clients need to ensure patients receive the right care at the right time. Lightbeam’s platform facilitates end-to-end population health management for ACOs, payers, provider groups, health systems, and other healthcare organizations aspiring to provide superior care at a lower cost. For more information, visit www.lightbeamhealth.com, and follow Lightbeam on LinkedIn and Twitter.