NextGate, a leading provider of digital identity solutions, has entered a definitive merger agreement with Lyniate, an emerging company with services focused on healthcare data interoperability.
With the new strategic partnership, both companies aim to strengthen Lyniate's current interoperability stack by introducing multiple new identity functions, including value-based care, regulatory compliance, payer-provider collaborations, and patient and consumer engagement initiatives. As a result of the new identity-focused applications, patients can expect a more efficient and secure exchange of their health and medical data.
"We are looking forward to joining Lyniate and bringing the benefits of our solutions to our respective customer bases and continuing to advance the progress of healthcare interoperability with new solutions that combine the best of both platforms and make it easy for organizations to hand off their information-sharing initiatives to us," said Andy Aroditis, CEO and co-founder of NextGate.
Heath-Focused Identity Tools
NextGate Partners With Lyniate to Deliver New Identity Applications
Trend Themes
1. Health Interoperability Solutions - The merger of NextGate and Lyniate presents an opportunity for businesses to invest in developing solutions that enable interoperability between different healthcare systems and stakeholders.
2. Digital Identity for Healthcare - NextGate and Lyniate's new strategic partnership opens up avenues for companies to create innovative digital identity tools that can secure medical data and enhance patient engagement.
3. Payer-provider Collaborations - The introduction of identity functions for payer-provider collaborations presents an opportunity for businesses to create platforms that enhance communication and data sharing between these two groups.
Industry Implications
1. Healthcare IT - The healthcare IT industry can leverage the growing trend of health interoperability solutions to create new products and services that integrate health data from various sources.
2. Digital Identity Management - The digital identity management industry has an opportunity to create innovative solutions that meet the unique security and privacy needs of the healthcare sector.
3. Payer-provider Collaboration Platforms - Companies in the healthcare industry can develop platforms that foster collaboration and communication between payers and providers, thus improving healthcare outcomes.