ABL Members Connect in Chinese Airport
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At the Shenzhen Bao'an International Airport recently, Jae Son, CEO of Pressure Profile Systems, ran into Jinghui Li, President of Auxora. As a result, Jae took the opportunity to tour Auxora's optical thin film filter factory in Shenzhen, which he deemed "very impressive." (Pictured below: Jae Son, Ph.D. (left), & Jinghui Li, Ph.D. (right), both Downtown Los Angeles Round Table Members)
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Alvaka to Present Workshop on the Importance of Patching
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On June 26, Alvaka Networks will host
Why Patching Is Your Most Important Security Defense, part of its "Lunch & Learn sessions," from 11:30 a.m. to 1 p.m., in Irvine. Alvaka shares that a recent study found 98.8% of breaches can be stopped by good patching practices. However, many of the practices are inefficient, incomplete, and ultimately risky themselves. This session will discuss steps you can take to greatly minimize risk of loss, as well as software patching best practices. Also, Alvaka CEO Oli Thordarson recently wrote
3 Things Healthcare Organizations Can Do to Help Protect Them From Cyber
Risk and Security Breaches (which is equally valuable for Tech Organizations!) for the ABL Healthcare Online newsletter. (Oli Thordarson, Orange County Healthcare)
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Catasys Gets $10M & Launches OnTrak-AN in California
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Catasys, Inc. has entered into a $10 million financing comprised of a receivable facility agreement of $2.5 million with Heritage Bank of Commerce and a four-year term loan of up to $7.5 million with Horizon Technology Finance Corporation. Catasys intends to use the proceeds to scale new contracts and expansions, invest in new technology platforms, and provide excess capital. Meanwhile, Catasys has launched its OnTrak program with the second largest health plan in the U.S. meaning it's now contracted with 7 of the top 8 insurers nationwide. Catasys' OnTrak program has initially launched with this plan in California, which brings the number of states in which OnTrak is available to 20. Eligible commercial members in California are now able to take advantage of OnTrak-AN, an integrated 52-week program that identifies, engages, and treats members with untreated or undertreated behavioral health conditions that impact co-morbid medical conditions, such as diabetes, hypertension, coronary artery disease, COPD, and congestive heart failure, resulting in high medical costs. (Rick Anderson, West Los Angeles)
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Cornerstone Expands Collaborations with IBM & Grovo
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Cornerstone OnDemand and IBM have expanded their strategic relationship so that Cornerstone clients will now have access to IBM's comprehensive talent management consulting services. IBM can now directly engage with Cornerstone clients, giving them access to a pool of global consultants who drive end-to-end talent management offerings. And, Cornerstone and Grovo have announced the addition of Grovo Create, allowing businesses to further benefit from the combination of Grovo's customizable content library and Cornerstone's content service, providing 3,000+ modern training courses to empower employees with rich, effective learning that integrates into the flow of daily work. Meanwhile, Cornerstone has been named to Mogul's 2018 list of the "Top 1000 Companies Worldwide for Millennial Women." (Adam Miller, West Los Angeles)
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Envision Financial Systems a Finalist for Fintech Award
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Envision Financial Systems was named as one of six finalists for the Benzinga Global Fintech 2018 Awards in the Best Trading Execution Platform or Brokerage category, chosen by a panel of judges made up of experts from Google, JP Morgan, Fidelity, and others. Envision was recognized for its FundKeeper platform, launched in 2017 in collaboration with U.S. Bancorp Fund Services, a full-service mutual fund shareholder servicing solution designed the way financial intermediary firms work with mutual fund companies. FundKeeper features an adaptive online portal that provides intermediaries and their clients with real-time access to account and trading information in one place, across multiple fund families without the need for a brokerage account and the associated fees and complexities. (Satnam Gambhir, Orange County)
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myKaarma's Ujj Nath Honored with Indian Institute of Tech Award
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Ujj Nath, CEO of myKaarma, recently received the Indian Institute of Technology Jury's Special Award for 2018-19, in recognition of his outstanding contributions. As a graduate himself, Ujj is a long-time supporter of the Institute and, among other things, has helped bring Wi-Fi to the Institute dormitories, along with other initiatives that provide support to students. Ujj was unanimously selected to receive the award, presented to him at a special function held in New Delhi in May. (Ujj Nath, West Los Angeles)
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PCIHIPAA Launches OfficeSafe Pay
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PCIHIPAA, whose OfficeSafe compliance platform helps medical and dental practices comply with stringent regulations, recently expanded its suite of services to include OfficeSafe Pay, to help healthcare professionals maintain payment card industry (PCI) compliance and save money on excessive credit card processing fees. Also recently, PCIHIPAA released OfficeSafe's Privacy Automation Tool to enable healthcare professionals to easily execute documents required under HIPAA's Privacy Rule. Meanwhile, the Kentucky Dental Association welcomed PCIHIPAA as a Silver Patron, whereby PCIHIPAA will help protect KDA members from the onslaught of ransomware attacks, HIPAA violations, and data breaches impacting dental practices in Kentucky. (Jeff Broudy, West Los Angeles)
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PeopleG2 CEO Wins Award, Writes Articles on Leadership
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The Power of Company Culture, a book written by Chris Dyer, CEO of PeopleG2, has won a 2018 Independent Press Award, in the 'Business: General' category. Meanwhile, Chris has recently published several articles in a variety of publications, including:
Cultural Sea Change: How to Get Your Staff on Board, in Training Industry;
How to Lead a Culture of Listening, in ABA Bank Marketing;
Baby Steps or Giant Leaps? Using Culture to Hack Performance, in Businessing; and
A Hippie, a Neuroscientist, and Your Favorite Boss Walk into a Bar, in Great Leadership. (Chris Dyer, Downtown Los Angeles)
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Sidebench Provides Insight into Company & Community
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Recently, @bizrockstars visited Sidebench to shoot a new episode of Officeland with @CBRE -
this video gives a peek of Sidebench's workspace and what it's like to work there. Meanwhile, Sidebench published Embracing
the Los Angeles Design Community, in which they spoke with area designers about topics such as accessible technologies, merging creative communities with more traditional social impact entities, and events for accelerating innovation. (Kevin Yamazaki, West Los Angeles)
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The Joy Factory Chosen by NHL Team & Salon Franchise
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The Joy Factory announced that the Arizona Coyotes, a National Hockey League team, is making tablet computers available at its games to give fans the ability to participate in team giveaways and other activities. To keep the tablets safe and secure, the Coyotes are utilizing The Joy Factory's LockDown Universal C-Clamp Mounts. And another client, Square One Salon and Day Spa, with six locations in Ohio, is utilizing tablets for a variety of purposes, including appointment management, point-of-sale transactions, guest sign-in, reviewing style options, entertainment, promotions, and more. Square One has chosen The Joy Factory's MagConnect mounts to secure the devices. (Sampson Yang, Orange County, & Miranda Su, Downtown Los Angeles)
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UGovernIT CEO Announces CIO Certification Program for Women
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In partnership with Irvine Technology Corporation, Subbu Murthy, CEO of UGovernIT, has announced a CIO Certification Program, designed to help women who are experienced in technology management to achieve the position of Chief Information Officer. There is no charge for the program, which will start in September 2018. For more information, reach out to
[email protected]. (Subbu Murthy, Orange County)
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Water Planet Subsidiary Completes $9 Million Funding Round
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PolyCera Membranes, a subsidiary of Water Planet, which develops and markets next-generation membrane technology for industrial wastewater treatment and process separation, has completed a $9 million Series A funding round that will enable the company to make immediate investments to build out its global manufacturing, R&D, and sales capabilities. The round was led by Kairos Ventures with follow-on capital provided by Bluestem Capital and the Wolfen Group, two of PolyCera's existing investors through Water Planet.
Meanwhile, MembranePRO Services and Watershed Tech Services have announced expansion plans to double production capacity by year-end at the Wasco Treatment Plant, California's first-of-a-kind merchant facility to treat produced water for reclamation and beneficial reuse. The facility uses artificial intelligence-based IntelliFlux Controls software that maximizes plant performance and improves energy efficiency and overall OpEx, and PolyCera membranes, proven to lower energy costs by as much as 40% and reduce the need for consumables, such as chemicals, by an estimated 19%. (from Water Planet: Erik Hoek, Downtown Los Angeles; from Intelliflux Controls: Subir Bhattacharjee, Ph.D., Orange County)
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WorkDone Announces Equity Crowdfund Campaign
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WorkDone has launched an
equity crowdfund campaign on the truCrowd platform, running from June 6 to July 9, 2018. The company's patent-pending Expertise Capture technology uses advances in machine learning to let organizations and entrepreneurs automate the most boring, repetitive parts of their processes without requiring user training or custom programming. WorkDone's goal is to replace countless hours of low-value busywork at the office with WorkDone's AI agents, which reduces labor costs and frees people up to do higher value work. (Joe Rogers, West Los Angeles)
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HEALTH IT MEMBER NEWS
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ChromoLogic's Covisus Debuts Handheld vTag Scanner
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Covisus, a ChromoLogic Company, recently launched its new vTag Handheld Scanner, ideal for use by companies in biomedical, aerospace, and consumer industries. A traditional "tag" is any label attached, printed, or fixed to an item that allows it to be tracked. A vTag is a "virtual tag," which functions like a tag but without any modification to the part. Like a human fingerprint or iris scan, a vTag uses intrinsic surface features of an item to uniquely identify it from all other items of its kind. (Naresh Menon, Los Angeles Healthcare)
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Maxim Healthcare & Leidos Team on Next-Gen Health Tools
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Maxim Healthcare Services and Leidos have partnered to develop a suite of healthcare products that will put actionable information in the hands of caregivers before entering a patient's home. The products, which will be deployed through Maxim's workforce of 65,000+ frontline caregivers, will operate on the Leidos platform and combine structured and unstructured data from a variety of sources to provide a holistic patient view while identifying potential risks or gaps in care. This information will enable Maxim team members to stratify populations, make more informed clinical decisions, and better allocate resources. In addition, the companies plan to implement these services for health plans, large health systems, employers and government payers seeking to better manage post-acute and long-term community-based care services for chronic care and medically fragile populations. The products will also support population health initiatives for Maxim's large existing business serving self-insured employers. (Jarrod DePriest, Sacramento Healthcare)
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MYnd Analytics Spotlighted as "Next Big Company" in Money Street
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A recent article from The Money Street - The Next Big Company That's Addressing Mental Health Illness and
Disorders Head-on - extols MYnd Analytics, presenting a detailed overview of the company's market, proprietary cloud-based platform - PEER Online, their pilot program with Horizon Healthcare Services, acquisition of Arcadian Telepsychiatry Services, and more. "As we conducted our market research on MYnd Analytics, it became clear to us that the mental illness and disorder market is large with compelling growth drivers," the article states. "The market is seeking solutions like what MYnd Analytics has developed that can provide targeted, customized results that are cost-effective." (George Carpenter, Orange County Healthcare)
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