News and Announcements

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KnowledgeTree Announces Sean O’Leary as its New CEO

Sales and Marketing Technology Leader Set to Capitalize on 2016 Momentum.

NICO Announces First Patient Enrolled in Phase 3 Randomized Controlled Trial on Early Intervention of Hemorrhagic Stroke, Deadliest Form of Stroke

Indianapolis Medical device maker NICO Corporation today announced the enrollment of the first patient in the ENRICH (Early MiNimally-invasive Removal of ICH) randomized clinical trial.

After 2 brain surgeries, student athlete shares hope

Blakely Murphy is recognized by NICO Corporation as the first patient in the world who can compare conventional brain surgery with a procedure using BrainPath technology.

EndoChoice Acquired by Boston Scientific

“The River Cities team has been insightful and supportive throughout the challenges of launching a new business and the subsequent rapid growth of our company. They understand the key elements of successful strategy, collaboration and the art of getting things done. River Cities is an extremely valuable partner to our company,” says Mark Gilreath, CEO, EndoChoice.

Veran Medical secures $31 million to accelerate commercialization and innovation of SPiN Thoracic Navigation System™ Technology Platform

Veran Medical Technologies today announced the closing of a $31 million debt and equity financing. The debt financing is provided by Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, and the equity financing was completed by existing investors Versant Ventures and River Cities Capital Funds.

MedPlast Acquired by Water Street Healthcare Partners and JLL Partners

River Cities Capital Funds has announced the sale of MedPlast, Inc., a River Cities Fund IV portfolio company, to Water Street Healthcare Partners and JLL Partners.

Published study from Johns Hopkins finds that same day procedural CT scans for Lung Cancer may reduce unnecessary procedures and patient risk

Retrospective analysis of 116 patients scheduled for navigated bronchoscopy utilizing Veran Medical’s SPiN System™ finds 15 screens needed to prevent one unnecessary procedure.

Hurley Lung Center offers multi-level care in one facility

The Hurley Lung Center is now open. Located inside the hospital, the center offers a unique perk for patients: a lung navigator.

Netsertive Announces Award-Winning Momentum in 2016

Netsertive is a digital marketing technology company that enables brands and their local channel partners co-op compliant digital marketing capabilities.

SIM Partners’ Velocity Health to Be Inducted into 2016 Healthcare Internet Hall of Fame

The Healthcare Internet Hall of Fame today announced that SIM Partners’ Velocity Health has been selected as an inductee into the organization’s Hall of Fame Class of 2016. The award will be presented at an induction ceremony to be held on November 8, 2016, at the 20th Annual Healthcare Internet Conference (HCIC) in Las Vegas.

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