EHR ven­dor Allscripts will col­lab­o­rate with Dr. Pa­trick Soon-Shiong’s Nan­tHealth pre­ci­sion medicine startup on a plat­form for can­cer care.

Modern Healthcare - - LATE NEWS -

Allscripts pur­chased a 10% eq­uity stake in Nan­tHealth for $200 mil­lion in cash. In turn, Nan­tCap­i­tal, Soon-Shiong’s per­sonal in­vest­ment ve­hi­cle, made a $100 mil­lion in­vest­ment in Allscripts through a pri­vate place­ment of the com­pany’s com­mon stock. The move comes as Soon-Shiong tells Mod­ern Healthcare that Nan­tHealth will part ways with Renton, Wash.-based Providence Health and Ser­vices, where Soon-Shiong has served as global di­rec­tor of can­cer ser­vices and bioin­for­mat­ics. He said the 27-hos­pi­tal sys­tem has a strong de­liv­ery sys­tem but lacks an or­ga­ni­za­tional un­der­stand­ing of bioin­for­mat­ics and molec­u­lar medicine. Nan­tHealth also an­nounced last week that it plans to go public by year-end.

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