Harmony Healthcare IT Partners with Novacap to Accelerate Innovation and Growth in Healthcare Data Management

Harmony Healthcare IT (HHIT), a leading health data management and platform solution provider, today announced a significant investment from Novacap, one of North America’s premier private equity firms. The partnership will enhance HHIT’s technological capabilities and expand its role in the health information technology sector.
Renowned for its pioneering offerings and industry expertise, HHIT’s HealthData Platform™, provides an enterprise-wide, cloud-hosted infrastructure that secures patient, employee, and business records for healthcare delivery organizations in the United States and Canada. This HITRUST CSF®-certified solution empowers healthcare providers to reduce cost and risk in legacy system management through secure storage, release, and interoperability of records.
“This partnership strengthens our ability to preserve vital information and improve lives,” says Tom Liddell, Chief Executive Officer at HHIT. “With Novacap, we will invest in technologies that will improve the patient experience. We’ll do that by infusing artificial intelligence into our data handling and modeling and expanding the use cases of legacy data for research and analytics.”
HealthData Platform™ enables a higher quality of coordinated care and information access for healthcare organizations and its patients by integrating with leading inpatient and outpatient electronic health record (EHR) systems. The company also provides services such as data extraction, migration, retention, matching, and integration as well as records release.
“Harmony is a standout in the healthcare IT sector,” remarks David Brassard, Partner at Novacap. “The company is differentiated by its deep technical and health data expertise as well as its ability to get the job done with high customer satisfaction. Under CEO Tom Liddell’s seasoned leadership, Harmony will continue to meet the dynamic data demands of healthcare, powered by its people and by next-generation technology.”
In partnership, HHIT and Novacap are exploring new data handling and data use innovations aimed at accelerating the company’s growth and expanding its impact on healthcare globally. HHIT currently services a large customer base that includes top-tier health systems, independent hospitals, and ambulatory networks, making them proficient in working with a wide array of clinical, financial, and administrative legacy systems.
Triple Tree, Inc. served as HHIT’s exclusive financial advisor.