Altera Digital Health

Altera Digital Health

Cloud-based EMR solutions for healthcare providers

About Altera Digital Health

Simplify's Rating
Why Altera Digital Health is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Healthcare

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

N/A

Headquarters

Maipú, Chile

Founded

2017

Overview

Altera Health offers cloud-based Electronic Medical Record (EMR) systems to hospitals and health networks in Australia and New Zealand, enabling them to store and manage patient information digitally. Their user-friendly EMR system helps clinicians focus on patient care by streamlining administrative tasks. Altera Health operates on a subscription-based model, providing ongoing updates and additional services like document management. The company's goal is to enhance patient care and operational efficiency in the healthcare sector.

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Simplify's Take

What believers are saying

  • Generative AI collaboration with EPAM enhances efficiency and reduces operational costs.
  • Paragon Denali offers scalable, cost-effective solutions for smaller hospitals on Microsoft Azure.
  • Altera's Sunrise EHR ranked top inpatient EHR for community and acute rehabilitation hospitals.

What critics are saying

  • Generative AI adoption may increase competition, challenging Altera's market position.
  • Paymentus integration could expose Altera to financial technology risks.
  • Delays in Paragon Denali deployment may impact customer satisfaction.

What makes Altera Digital Health unique

  • Altera's cloud-based EMR system enhances patient care and streamlines clinical workflows.
  • Partnership with Microsoft Azure boosts Altera's cloud-native EHR capabilities for rural hospitals.
  • Altera's offensive cybersecurity approach proactively addresses vulnerabilities before exploitation.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Remote Work Options

Flexible Work Hours

Company News

EPAM Rail
Nov 5th, 2024
Back to feedRead more our news

With the emergence of Generative AI (GenAI) in 2024, Altera collaborated with EPAM to develop a tailored assistant aimed at simplifying routine tasks, thus enhancing efficiency and reducing operational costs.

Digital Transactions
Sep 27th, 2024
Paymentus Brings Digital Billing and Payments to Altera Digital Health

Paymentus Holdings Inc., a provider of cloud-based bill-payment technology, has reached an agreement with health-care information-technology provider Altera Digital Health Inc. to include its electronic bill- presentment and payments platform in Altera's suite of healthcare IT solutions.

Hit Consultant
May 24th, 2024
Why It’S Time To Go On The Offensive With Healthcare Cybersecurity

Brian Montgomery, Expert Security Engineer, Altera Digital HealthBeing an avid soccer fan, player, and coach, I’ve heard countless times that “the best defense is a good offense.” As a cybersecurity professional, the concept of taking active steps to improve your team’s position resonates. However, cybersecurity programs within and outside the healthcare industry typically focus on reactive approaches. The stakes are too high in healthcare to wait for a hacker to strike your organization, and meanwhile, the scale and scope of cyberattacks continue to grow. In 2023, more than 700 healthcare data breaches affected 133 million people in the U.S. The underutilized concept of offensive cybersecurity offers practical solutions when healthcare organizations understand and adopt this approach.What does offensive cybersecurity entail?Organizations that look for vulnerabilities in their systems before cyber threats can exploit them use offensive cybersecurity, a specialization within the cybersecurity umbrella. These different probing and testing methods mimic how real malicious actors would compromise an organization.Vulnerability assessments, one type of offensive cybersecurity test, help organizations identify points of weakness attackers could exploit. To conduct these tests, organizations use scanning software and services to evaluate how their assets stack up against any known security vulnerabilities. Considered another layer on top of vulnerability assessments, penetration testing (also known as “pen testing”) determines the extent of exploitable detected vulnerabilities, such as weak encryption or missing patches, and can show the impact of these weaknesses if exploited by attackers.“Red teaming” is another type of offensive cybersecurity and ranks as the most involved of these methods

ExploreBit
May 8th, 2024
EB Daily - 09 May 2024

Altera closes USD 9M seed funding round.

Business Wire
Mar 12th, 2024
Altera Digital Health Unveils Paragon(R) Denali On Microsoft Azure, A Cloud-Native Electronic Health Record, At Himss24

ORLANDO, Fla.--(BUSINESS WIRE)--Altera Digital Health (HIMSS booth #2546), a global health IT leader, today announced the development of Paragon Denali, an electronic health record (EHR) natively deployed in the cloud, specifically designed for rural, critical access and community hospitals. Built on Microsoft Azure, the Altera EHR system will bring cloud-capable features and containerized services to healthcare organizations, enabling faster, more informed care decisions and greater financial and operational efficiencies. Paragon Denali is targeted to be generally available by the end of 2024. From rising labor and supply costs to shrinking reimbursements, hundreds of U.S. hospitals are at risk of closure. Altera, a longtime partner of Microsoft, recognized that offering Paragon in a software-as-a-service (SaaS) model would give smaller hospitals a single platform to manage clinical and financial data without further straining their staff, resources and budgets

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