When searching for the Boston Tech Party, you might find that Google suggests that your search should be the Boston Tea Party instead. Although no one will be dumping tea chests into the wharf (or tarring and feathering anyone for that matter), the discussions taking place among top investors, attorneys, service providers, and entrepreneurs will be just as revolutionary.
Foley Partners Susan Pravda, managing partner of the Boston office, and Dave Kantaros, Matthew Karlyn, and Chris McKenna, co-chairs of the firm’s Technology Industry Team, will host The Boston Tech Party, Foley’s 12th annual FoleyTECH in Boston on September 21, 2016. Ambra Health CEO, Morris Panner, will be speaking in breakout session 1 on the International Expansion: Risks and Rewards panel. Joining Panner are; Fabio Ferreira Kujawski, Partner, Mattos Filho; Paul Mellinger, Senior Vice President, EVault Carbonite; James Simms, Chief Financial Officer, VLT.
According to Tech Crunch, Boston is on the cusp of becoming a hot spot for emerging tech start-ups. A few factors have slowed down its growth, including a fear of risk-taking and failure, funding issues, and a lack of big mouths to promote emerging tech. However, events like FoleyTECH can act as that “big mouth” and encourage entrepreneurs to meet, share successes, failures, and discuss raising, preserving, and protecting capital.
Panner will bring the challenges faced by digital health entrepreneurs to the table. Digital health companies are driving interoperability and new business models in healthcare. This new generation of organizations is enabling providers and the public to realize a vision of better health at a better value. Currently, many providers feel their operating margins are being jeopardized as emphasis is increasingly placed on linking reimbursements with patient outcomes and metrics. Providers and facilities must improve interoperability and collaboration to reduce wasteful, expensive, and dangerous practices like redundant imaging. In turn, patients themselves are becoming consumers of healthcare. Patients are shopping around for services that are affordable and convenient. Providers are turning to new technologies like patient portals to increase patient satisfaction and develop loyalty.
Medical image management through the cloud has been one method of increasing access to medical imaging, image-enabling patient portals and EHRs/EMRs, storing imaging, and allowing for image viewing “on-the-go” throughout a facility or on iPads and mobile phones when a physician is at home. Particularly, SaaS vendors, like Ambra Health, offer the additional benefits of seamless upgrades, 24/7 IT support, and predictable payment structures. However, like all emerging technologies, the cloud faces skepticism from healthcare facilities who are deeply entrenched with legacy hardware vendors. If you’re a Boston local and would like to hear more about how Ambra Health has dealt with healthcare compliance, security, and even expanded into global markets, please register here to attend the Boston Tech Party.