The clinical data analytics company formed last year through the merger of health software vendors Pacific Knowledge Systems (PKS) and Pavilion Health has rebranded as Beamtree Holdings, with the ASX-listed company recently buying two smaller companies to form what it says is one of the largest health analytics and decision support platforms in Australia.
Beamtree last week purchased Sydney-headquartered real-time data analytics start-up Ainsoff for $1 million, and announced yesterday it had snapped up Potential(x), best known for operating The Health Roundtable benchmarking and hospital improvement cooperative, for shares and $4 million in cash.
The combined entity now boasts a large suite of products and platforms including automated clinical record coding and classification services, real-time data analytic and benchmarking applications, and AI-based clinical decision support that aims to automate clinical expertise to minimise data errors.