Cleveland Clinic invests $1 million in Explorys
The Cleveland Clinic recently announced an equity partnership with Explorys, a newly formed health IT company, to accelerate research and improve healthcare through real-time medical data exploration and research collaboration.
Cleveland Clinic has committed to investing $1 million in Explorys, according to the Cleveland-based startup. The partnership was financed by Cleveland-based 23Bell and the Austin, Texas-based Genesis Inventions.
Explorys will enable the search, tagging and collaboration across worldwide data sets to identify opportunities for drug development, innovation and more cost-effective healthcare. The company's technology employs data security and patient privacy technology, enabling meaningful detection of correlations and trends to treat diseases, develop improved protocols and optimize outcomes.
Explorys will be led by Stephen McHale and Charlie Lougheed. McHale will serve as CEO while Lougheed will begin serving the company as president and chief technology officer in January 2010.
Cleveland Clinic has committed to investing $1 million in Explorys, according to the Cleveland-based startup. The partnership was financed by Cleveland-based 23Bell and the Austin, Texas-based Genesis Inventions.
Explorys will enable the search, tagging and collaboration across worldwide data sets to identify opportunities for drug development, innovation and more cost-effective healthcare. The company's technology employs data security and patient privacy technology, enabling meaningful detection of correlations and trends to treat diseases, develop improved protocols and optimize outcomes.
Explorys will be led by Stephen McHale and Charlie Lougheed. McHale will serve as CEO while Lougheed will begin serving the company as president and chief technology officer in January 2010.