Medsphere Systems Corporation

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EPIC Ventures is a premier early stage software and Internet infrastructure venture firm whose mission is to back entrepreneurs and companies positioned to lead the information economy of tomorrow. EPIC brings the collective operational and financial experience of its partners, world-class advisors, and extensive network of technology industry contacts to engage and ensure its portfolio's success. Its philosophy is simple: get results, get exits. People, products and passion drive their time and resources. Originally founded by Zions Bank, EPIC Ventures is headquartered in Salt Lake City, Utah.

Azure Capital Partners is a San Francisco-based venture capital firm with an emphasis on innovative companies with the potential to become dominant technology platform providers in major industries. Founded in 2000 by a group of partners who believed that a critical gap existed in identifying, investing in, and supporting the next generation infrastructure technology companies, Azure Capital Partners has a successful history and clear focus in funding and supporting winning technologies and business models.

The OpenVista Insight Revenue Cycle Management software system is a true end-to-end, fully integrated revenue cycle information management software solution that offers an ideal all-inclusive replacement option for existing health information systems and their costly, disparate bolt-on applications. With OpenVista Insight , hospitals, healthcare networks, and behavioral health providers across the country are controlling costs, accelerating revenue collection , and providing better patient services ...all while reducing or even eliminating dependencies on multiple applications.

Medsphere President and CEO Mike Doyle, a member of the LSIT Industry Advisory Board, will provide an overview of LSIT's progress to develop trusted Good Informatics Practices (GIP) for the life sciences and health care communities. The Life Sciences Information Technology (LSIT) Global Institute was founded by Howard Asher, while Global Director of Life and Health Sciences at Sun Microsystems, Inc.

Proprietary systems are just that – controlled from start to finish by one vendor, with costs paid for up front. Additionally, the proprietary decision-making process required to develop and deploy upgrades is centralized, bureaucratic and determined by someone else’s timetable. New features and function sets often don’t meet the specific needs of any one healthcare facility. Even now, hospitals are faced with proprietary repercussions: high upgrade costs, few benefits to individual facilities and a significant risk of not meeting Stage 2 Meaningful Use standards.

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