Allied Digestive Health, A Wholly-owned Operating Company Of Fortive Corp, And Provation Sign Agreement For Enhanced Patient Care
Portfolio Pulse from Benzinga Newsdesk
Allied Digestive Health (ADH) has partnered with Provation, a Fortive Corporation (NYSE:FTV) subsidiary, to implement Provation Apex, a cloud-based procedure documentation and charting solution. This technology will be used across ADH's 30+ facilities and by its 150+ gastroenterologists to improve clinical productivity and patient care. The agreement highlights ADH's commitment to efficient operations and enhanced patient experience, leveraging Provation Apex's cloud-native SaaS platform for GI procedures.
January 18, 2024 | 2:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Fortive Corporation's subsidiary, Provation, has signed an agreement with Allied Digestive Health to provide cloud-based procedure documentation and charting solutions. This partnership is expected to enhance patient care and improve clinical productivity for ADH's gastroenterology services.
The partnership with ADH is likely to have a positive short-term impact on Fortive's stock price as it demonstrates the company's expansion and adoption of its healthcare technology solutions. The deal with a significant healthcare provider can be seen as a testament to the value and trust in Provation's software, potentially leading to increased investor confidence and interest in Fortive's healthcare technology offerings.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80