LIVINGSTON, NJ, August 3, 2018 – Corsis announced today a partnership with The New Jersey Innovation Institute (NJII), an NJIT Corporation. The partnership will provide NJII’s 150+ HealthIT Connections companies with access to the Corsis platform, which, like a credit report, scores healthcare companies on risk and compliance.
Corsis is a unique SaaS application that gives healthcare executives a powerful platform to make technology decisions while reducing the friction that slows the working relationship between healthcare providers and their vendors or partners. “We see our partnership with NJII as a way to introduce our platform to a wide audience of digital health companies, giving them the tools they need to more readily implement innovative solutions and foster innovation throughout the healthcare environment” said David Barnett, chairman and COO of Corsis LLC.
NJII’s Health IT Connections program connects health IT innovators with healthcare executives, providers and consumers. It was established in 2014 to grow the health IT cluster in the region by supporting growth-stage health IT entrepreneurs through intensive training and mentoring. The program is funded in part from JPMorgan Chase’s Small Business Forward SM initiative. Twice a year the HealthIT Connections conducts an executive networking and learning program for a select group of qualifying HealthIT CEOs. There are no fees or equity required by entrepreneurs to participate.
“The ecosystem of a healthcare company is filled with obstacles, and compliance is oftentimes a big hurdle for startup companies. The Corsis application will help NJII cohort companies meet their compliance requirements, allowing them more opportunities to focus on innovation” said Judith Sheft associate vice president, technology & enterprise development at NJII.
Several NJII cohort companies have already engaged with the Corsis platform to help prepare themselves for clinical trials with area hospitals or to help them meet their general compliance obligations.