The Next Idea: Formal Friday’s at Net Health Systems

Formal Friday was a hit a Net Health. They want other tech companies to join in the fun!

Formal Friday was a hit a Net Health. They want other tech companies to join in the fun! Photographs by Rebecca Clever cargocollective.com/RACphotography and Net Health Employees

As a way to keep the creative fires burning, Net Health Systems has taken a twist on the now ubiquitous Casual Friday.

During this year’s Net Health Connect event, CEO Anthony Sanzo was inspired after donning a tux with CIO Christopher Hayes and President Patrick Colletti for a company breakfast meeting at the Harp & Fiddle.

The formal attire was for comic relief, but in seeing the employees react — heckle, really –  he thought it might be a cool idea to promote the inverse of Casual Fridays by instituting quarterly Formal Fridays at the offices.

The first Formal Friday saw many of Net Health’s employees shining their shoes, straightening their ties and pressing their dresses to look their snazziest best.The entire team was treated to Black Tie Bowling to celebrate their good looks and teamwork.

“It was a blast,” said Colletti. “I can see this growing virally where Pittsburgh companies celebrate and gather…like a well-dressed flash mob.”

Sanzo is envisioning an IT High Tea or some tech-related meet up where local tech companies can show off their Formal Friday Best.

Looking to don your best on Fridays? Join the movement by contacting Dana Bethune at dbethune@nhsinc.com. Stay tuned for a full story detailing Net Health’s culture on Techburgher and TEQ magazine in the coming weeks!

TechVibe Radio Features Kurt J. Lesker and Net Health Systems

Be sure to tune in to TechVibe Radio this Saturday at noon on FM News Talk 104.7.

Kurt Lesker will detail its rich history as one Pittsburgh’s top advanced manufacturers and making the cover of the upcoming Made in PA Magazine. Net Health Systems will dive deep giving us the skinny on creating a fun and engaging work culture,

We also have our “In the Pocket” segment with Steeler Charlie Batch. He’ll tell you which tech devices are getting his attention these days.

Hosted by the PTC’s CEO Audrey Russo and Director Visibility Initiatives Jonathan Kersting, TechVibe is on the air every Saturday at noon bringing you interviews and conversations from the Pittsburgh region’s fast-moving technology and entrepreneurial communities.

Stream TechVibe Radio on www.wpgb.com or iHeart Radio. Get TechVibe Radio on Demand at www.stitcher.com.


Missed a previous broadcast? We have a massive library of podcasts right here.

TechVibe Radio is sponsored by Buchanan Ingersoll & RooneyChorus Call,  EyeFlowLincoln FinancialPTC Employee Benefits GroupPittsburgh International Airport and PNC.

Tech 50 Preview: Life Sciences Company of the Year

Don’t miss Tech 50 on November 1.

The Tech 50 Awards gala event is only a few weeks away so be sure to learn a little bit about each finalist beforehand. Below, are brief descriptions of finalists in the Life Sciences of the Year category. More information on each finalist can be found by navigating to each company’s website. Look for a preview of each Tech 50 category on TechBurgher every other business day until the event on November 1.

For more information on the Tech 50 event or to register, contact the PTC Events Team at (412) 918-4229.

Circadiance, LLC

Circadiance develops, manufactures and markets respiratory products for people with sleep-disordered breathing or who need non-invasive ventilation. The company’s SleepWeaver soft cloth nasal CPAP mask has been lauded by sleep apnea patients and diagnosing physicians as a key to better sleep.

Complexa, Inc.

Founded in 2008, Complexa is a pre-clinical biopharmaceutical company focused on the discovery and development of endogenous (naturally occurring) human pathway technology therapeutics for the treatment of inflammatory-based and metabolic diseases.

Foundation Radiology Group

Foundation Radiology Group combines the subspecialty services of a highly-trained physician team with a state-of-the-art technology solution to provide hospitals, physicians and patients access to a high-quality, elegant diagnostic imaging solution, with industry-leading, final diagnosis in clinically relevant turnaround times.

invivodata, inc.

invivodata combines scientific expertise with practical technology and services to help pharmaceutical companies collect accurate, reliable data directly from patients in new drug clinical research. invivodata’s eCOA (Clinical Outcomes Assessments) systems drive patient compliance, eliminate recall bias and increase the efficiency in which new study data are collected.

McKesson Automation, Inc.

McKesson Automation provides health systems with high-quality, cost-effective and efficient solutions that safely deliver the right medication closest to the patient. The latest version of McKesson’s Connect-Rx® proprietary software features the exclusive RightStock inventory optimization functionality that helps hospitals reduce the incidence of costly medication stock outs.

Net Health Systems, Inc.

New Health Systems is the leading provider of clinical information systems in the rapidly growing field of chronic wound care. The company’s flagship product, WoundExpert®, offers outpatient wound clinics dynamic, real-time collection, analysis, and visualization of the wound care clinic’s success.

Quantum OPS

Quantum OPS is an innovator in the Orthopedic Surgical Patient Fixation market. Its lead technology is a uniquely designed device that facilitates effortless, rapid and secure positioning of patients of all sizes for all types of shoulder surgeries, as well as growing into the hip and knee positioned markets.

Rinovum Women’s Health

Rinovum (formerly ib2C) is a direct-to-consumer medical device company that is providing innovative health products for women designed for use at each stage of their lives. The company’s first product focuses on reproductive health to aid in natural fertility and conception in the privacy of the patient’s home.

Net Health Systems Announces Growth Investment by Spectrum Equity

Net Health Systems, the leading provider of clinical information systems for the rapidly growing field of wound care, announced today it has received a significant investment from Spectrum Equity, a leading private equity firm focused on the information economy. 

In connection with the transaction, the Net Health Systems leadership team of Chief Executive Officer Anthony Sanzo, President Patrick Colletti and Chief Technology Officer Christopher Hayes will continue in their executive roles and have co-invested alongside Spectrum Equity.  Net Health will remain headquartered in Pittsburgh.  With Spectrum Equity’s backing, Net Health will aim to build on its market leadership in wound care technology and extend and diversify its electronic health record (“EHR”) product offerings into adjacent segments.

Net Health CEO Anthony Sanzo commented, “Net HealthSystems is committed to delivering the best possible technology solutions for our clients.  Net Health is well positioned to benefit from the growth in the number of hospitals which are building outpatient wound care facilities and the rapid adoption of technology and EHRs within wound care facilities.  In addition to our excitement around the compelling growth opportunities in the wound care market, we believe we can leverage our products to address other closely adjacent settings where technology and EHR adoption are increasing.  We look forward to working with Spectrum Equity to continue Net Health’s impressive growth trajectory.”

Patrick Colletti, President of Net Health said, “Wound care is a large and growing market in healthcare.  As the population ages and as obesity and diabetes continue to affect a large portion of Americans, chronic wounds are becoming more prevalent.  Net Health’s technology improves patient care and outcomes while minimizing costs associated with the treatment of chronic wounds.  WoundExpert is the dominant product used by hospital-based outpatient wound care clinics, and we are seeing increased adoption of our products within other wound care treatment settings throughout the care continuum.”

Jim Quagliaroli, Managing Director of Spectrum Equity, commented, “We are very pleased to partner with Anthony, Patrick and Chris.  We believe that market demand for the company’s web-based EHR platform will continue to grow as more physicians, clinicians and healthcare professionals across the wound care continuum seek to improve patient care and facility performance.  As the market leader with a long track record of profitable growth, Net Health is a great fit for Spectrum Equity and our portfolio of healthcare IT businesses.”

As part of the transaction, Quagliaroli has become chairman of Net Health’s board of directors.  Jeff Haywood of Spectrum Equity has also joined the board, as have industry veterans Pat Cline and Ruben J. King-Shaw, Jr.  Cline served as President of Quality Systems, Inc. (NASDAQ: QSII) from November 2009 to December 2011 and previously served as President of its NextGen Healthcare subsidiary, a leading EHR player he co-founded in 1994.  Cline started his healthcare IT career in 1981 and has more than three decades of senior-level management experience.  King-Shaw is Lead Director of athenahealth (NASADQ: ATHN) and Managing Partner of Mansa Capital LLC, a healthcare private equity investment and advisory firm he co-founded in 2005.  Earlier in his career, King-Shaw served as Deputy Administrator and Chief Operating Officer of the Centers for Medicare & Medicaid Services and as Senior Advisor to the Secretary of the Treasury.

Check Out the PRA’s Digital Mixer Video Recap

The region’s tech innovators took center stage last month when journalists from The Daily Beast, Popular Science, Federal Times, iPad news source TheDaily.com and NBC’s Atlanta affiliate traveled to Pittsburgh to learn firsthand about some of the city’s unique IT and digital technology companies.

Held at the headquarters of Net Health Systems in the Strip District, the Pittsburgh Regional Alliance’s Information Technology & Digital Innovation Mixer provided these national journalists — in town for Carnegie Mellon University’s (CMU) annual InfoTech Media Fellowship — with an opportunity to get up close and personal with some of the enormous tech talent in our region.

Read all about it right here and check out the video presentations! Presenting companies included, Deeplocal, Shoefitr, Songwhale and more.