For Immediate Release
July 18, 2019
LockeBridge Capital Partners and HydraCor, LLC, a LockeBridge banking and advisory services client, announced today that Dr. Charles Safran, an internationally renowned expert in applied healthcare informatics, has been named Chairman of the Clinical Advisory Board of HydraCor, LLC.
Dr. Safran is a Professor of Medicine at Harvard Medical School and the former chief of the Division of Clinical Informatics at Beth Israel Deaconess Medical Center. In 2014, he was awarded the Morris F. Collen Award, the highest honor given by the American College of Medical Informatics for his unique contributions to the field.
Scott Waxler, LockeBridge Managing Partner, comments; “Our strategy of offering deep subject matter expertise across multiple verticals is a major differentiator amongst middle-market investment banks. LockeBridge offers clients unparalleled expertise within healthcare information technology, medical device and several other verticals, which can be invaluable when executing transactions and implementing growth strategies. By integrating growth advisory and transactional (e.g. M&A, capital raise) services under one roof LockeBridge has been able to materially increase the value of its clients’ businesses.”
According to Dr. Safran; “Industry leading healthcare providers increasingly recognize that it is not enough to deliver positive clinical outcomes and that they must improve the total patient experience in order to thrive in a fast-changing US healthcare system. I look forward to advising HydraCor on how to best meet this urgent need through the expansion of the AdvoCor® Platform’s clinical applications,” said Dr Safran.
Ryan Sawyer, HydraCor President, stated; “We are very pleased to add Dr. Safran as an advisor, as his deep knowledge of advanced healthcare informatics will provide invaluable guidance as the Company expands the innovative applications of the AdvoCor Platform to all phases of patient care. LockeBridge’s recruitment of Dr. Safran is exemplary of LockeBridge’s differentiated Growth Advisory Services and how they participate far more than typical banking and consulting services firms to advise middle market companies like HydraCor to better execute their growth strategies”, added Sawyer. LockeBridge Capital Partners is a Boston area investment banking firm advising middle-market companies, such as Hydracor, on mergers, acquisitions, divestitures, capital sourcing and growth consulting strategies.
More on Dr. Charles Safran
Dr. Charles Safran has served as the President and Chairman of the American Medical Informatics Association and Vice-President of the International Medical Informatics Association. He is an elected fellow of both the American College of Physicians and the American College of Medical Informatics. Dr. Safran was also Editor-in-Chief of the International Journal of Medical Informatics for two decades. Currently, he is a council member of the Health on the Net Foundation in Geneva Switzerland and a Director of Intelligent Medical Objects, a medical terminology software company that helps clinicians capture clinical intent. He serves on the scientific advisory boards of Datavant, a San Francisco based company organizing health data, and the Multiple Myeloma Foundation.
Dr. Safran has been teaching physicians and nurses to use information and communication technology to transform healthcare for over three decades. He is the Clinical Informatics track chair for the Harvard Medical School master’s program in biomedical informatics and the NLM informatics fellowship, as well as a professor with the Harvard Business School. Dr. Safran is a widely sought speaker on the future of healthcare technology, has testified before the U.S. Congress and has over 200 publications.
For more information contact: Bob Seltzer, LockeBridge Capital Partners, 617-510-0746, bob.seltzer@hydracor.net or bseltzer@lockebridge.com.