Enli Health Intelligence
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{{Infobox company
| name = Enli Health Intelligence
| logo = Enli Health Intelligence wordmark.svg
| image = File:Enli Health Intelligence headquarters - Beaverton, Oregon (2019).jpg
| image_caption = Final headquarters in Beaverton, Oregon, pictured in 2019
| type = Private
| foundation = 2001
| defunct = 2021
| fate = Acquired by Cedar Gate Technologies
| key_people = CEO, Luis Machuca
| location = Beaverton, Oregon, USA
{{coord| 45.531261| -122.8481 |type:landmark_region:US|display=inline,title}}
| industry = Software
| products = Secure messaging
| revenue = ~$25 million (2011)
| num_employees = 125 (2012)
| homepage =
}}
Enli Health Intelligence was a privately held software company based in Beaverton, Oregon, and previously in Hillsboro, Oregon. Founded in 2001 as Kryptiq Corporation, the company specialized in electronic medical records and secure communications between physicians and patients. The 125-employee company was purchased by Surescripts in 2012, which was a previous investor in the company. Annual revenues at the time of the sale were approximately $25 million. In January 2015, the company announced that it was splitting from Surescripts and becoming independent again.{{cite news|last1=Rogoway|first1=Mike|title=Kryptiq, sold in 2012, will be independent again after spinning out from Surescripts|url=http://www.oregonlive.com/silicon-forest/index.ssf/2015/01/kryptiq_sold_in_2012_will_be_i.html|access-date=2015-01-31|work=The Oregonian|date=January 30, 2015}} Later in 2015, it was renamed Enli Health Intelligence. In 2021, it was acquired by Cedar Gate Technologies, which discontinued use of the Enli name.
History
Kryptiq Corporation was founded in 2001 by Luis Machuca, Jeff Sponaugle, and Murali Karamchedu, with the company first housed in Machuca's home. Kryptiq opened its first office in Beaverton, Oregon, in October 2001 after securing $2 million in capital.{{cite news|url= http://www.bizjournals.com/portland/stories/2002/09/09/story5.html?page=all|title= Kryptiq team encrypts e-mail for medical uses |last= Raths |first= David |date= February 6, 2005|newspaper=Portland Business Journal}} Kryptiq was founded largely by former employees of Intel Corporation as well as those from eFusion looking to use their encryption experience and expertise to provide secure email for the health care field.
By September 2002, the company had grown to 15 employees and had a board of directors heavy on those with Intel ties, such as Andy Bryant. The company's original production was a subscription-based email add-on that allowed physicians to securely communicate with patients and others and data protected by HIPAA. In July 2003, the company purchased software company RosettaMed, with plans to incorporate their software into Kryptiq's existing programs.{{cite news|url= http://www.bizjournals.com/portland/stories/2003/07/21/daily16.html|title= Kryptiq buys Houston company |date= July 22, 2003|newspaper=Portland Business Journal}} In August of that year, Kryptiq finished raising $7.9 million in venture capital from investors such as Voyager Capital and SmartForest Ventures.{{cite news|url= http://www.bizjournals.com/portland/stories/2003/08/25/daily49.html|title= Venture round nets Kryptiq $7.9M |date= August 29, 2003|newspaper=Portland Business Journal}} The company continued with acquisitions in November when it purchased MedShape LLC, allowing Kryptiq to expand into the medical records field.{{cite news|url= http://www.bizjournals.com/portland/stories/2003/11/10/daily5.html?page=all|title= Kryptiq buys Utah-based MedShape |last= Moody |first= Robin J. |date= November 10, 2003|newspaper=Portland Business Journal}} Kryptiq retained all six employees who had developed DocuTrak and RosettaStone. By December 2003, the company had grown to 50 employees and projected to be cash flow positive by the end of 2004.{{cite news|url= http://www.bizjournals.com/portland/stories/2003/12/29/story4.html?page=all|title= Kryptiq ready to expand its market reach in 2004 |last= Moody |first= Robin J. |date= December 28, 2003|newspaper=Portland Business Journal}}
Kryptiq launched CareManager in 2004, a disease management software program.{{cite news|url= http://www.bizjournals.com/portland/stories/2005/02/21/daily34.html|title= Kryptiq rolls out disease management application |last= Moody |first= Robin J.|date= February 24, 2005|newspaper=Portland Business Journal}} CareManager was developed with Providence Health System, and the program was awarded the e-Health Leadership Award in 2004 by the Disease Management Association of America. Then in January 2004, Kryptiq acquired This Computer Solution Inc. in an all-stock deal.{{cite news|url= http://www.bizjournals.com/portland/stories/2004/01/19/daily4.html?page=all|title= Kryptiq buys Vancouver software company |last= Moody |first= Robin J. |date= January 19, 2004|newspaper=Portland Business Journal}} The Vancouver, Washington, company had developed software for managing contracts for health insurers. In January 2005, the company moved from Beaverton to Hillsboro and finished the prior year with 200% growth.{{cite news|url= http://www.bizjournals.com/portland/stories/2005/02/07/story3.html?page=all|title= A Kryptiq answer |last= Moody |first= Robin J. |date= February 6, 2005|newspaper=Portland Business Journal}} By February of that year, Kryptiq had expanded to 60 employees, become a member of the Center for Health Transformation, and added GE Healthcare as a partner.
The company raised $7.1 million in capital in 2005, with investors including SmartForest Ventures, Voyager Capital, and Shelter Capital Partners, with the round closing in April.{{cite news|url= http://www.bizjournals.com/portland/stories/2005/04/25/daily10.html|title= Kryptiq raises $7.1M |date= April 26, 2005|newspaper=Portland Business Journal}} At the time, Kryptiq was then 65 percent owned by investors. In July 2005, the company announced they would move from the AmberGlen Business Center to a {{convert|24000|ft2|adj=on}} space in the Rock Creek Corporate Center along U.S. 26, both in Hillsboro.{{cite news|url= http://www.bizjournals.com/portland/stories/2005/08/01/story3.html?page=all|title= New Sunset on horizon |last= Culverwell |first= Wendy |date= July 31, 2005|newspaper=Portland Business Journal}} Shelter Capital Partners, SmartForest Ventures, the Oregon Investment Fund, and others invested another combined $6.6 million in Kryptiq in September 2006.{{cite news|url= http://www.bizjournals.com/portland/stories/2006/09/11/daily24.html|title= State invests in Kryptiq Corp. |date= September 14, 2006|newspaper=Portland Business Journal}}
File:Kryptiq hq in Amberglen framed - Hillsboro, Oregon.JPG
In March 2007, Kryptiq licensed their Choreo medical records system to The Regence Group in an effort to further penetrate the BlueCross and BlueShield marketplace,{{cite news|url= http://www.bizjournals.com/portland/stories/2007/03/05/story6.html|title= Kryptiq strengthens Blue Cross technology ties |date= March 4, 2007|last=Moody|first=Robin J.|newspaper=Portland Business Journal}} with implementation starting in June 2007.{{cite journal|last=O'Donnell|first=Anthony|title=Kryptiq's Choreo Powers Regence's Contract Management Across the Enterprise|journal=Insurance & Technology|date=April 1, 2008|url=http://www.insurancetech.com/policy-administration/kryptiqs-choreo-powers-regences-contract/207001076|publisher=UBM Tech}} Microsoft teamed up with Kryptiq later in 2007 to launch HealthVault, a Microsoft product the later was using to enter the consumer healthcare market.{{cite news|url= http://blog.oregonlive.com/business/2007/10/microsoft_picks_hillsboros_kry.html|title= Microsoft picks Hillsboro's Kryptiq for health records project |last= Rojas-Burke |first= Joe |date= October 4, 2007|newspaper=The Oregonian}} The company sold off its software division that focused on health plan management to Porticio Systems in April 2009.
- {{cite news|url= http://www.bizjournals.com/portland/stories/2009/04/20/daily14.html|title= Kryptiq sells division to Portico Systems|date= April 21, 2009|newspaper=Portland Business Journal}}
- {{cite journal|last=O'Donnell|first=Anthony|title=Portico Acquires Kryptiq's Choreo Health Plan Business|journal=Insurance & Technology|date=April 22, 2009|url=http://www.insurancetech.com/claims/portico-acquires-kryptiqs-choreo-health/217000153|publisher=UBM Tech}} In August 2008, the company bought Secure Network Solutions.{{cite news|url= http://www.bizjournals.com/portland/stories/2008/08/18/daily12.html |title= Kryptiq buys Secure Network Solutions |date= August 19, 2008|newspaper=Portland Business Journal}}
The company announced in June 2010 they would move to the AmberGlen business park{{cite news|url= http://blog.oregonlive.com/siliconforest/2010/06/kryptiq_sets_move_as_growth_re.html|title= Kryptiq sets move as it adds employees |last= Rogoway |first= Mike |date= June 15, 2010|newspaper=The Oregonian}} into a {{convert|22721|ft2|adj=on}} space.{{cite news|url= http://www.bizjournals.com/portland/stories/2010/03/01/story9.html|title= Kryptiq leases Amberglen space for new headquarters |last= Culverwell |first= Wendy |date= February 28, 2010|newspaper=Portland Business Journal}} In October 2010, Surescripts invested in Kryptiq and signed-on to use Kryptiq's secure technology in Surescripts’ products.{{cite news|url= http://blog.oregonlive.com/siliconforest/2010/10/kryptiq_takes_on_new_investor.html|title= Kryptiq takes on new investor, partnership as it targets growth |last= Rogoway |first= Mike |date= October 25, 2010|newspaper=The Oregonian}} At the time, Kryptiq had climbed to 90 employees, and the next month secured an $8 million investment related to the Surescripts deal.{{cite news|url= http://www.bizjournals.com/portland/print-edition/2010/11/26/kryptiq-corp-discloses-8m-investment.html?page=all|title=Kryptiq Corp. discloses $8M investment |date= November 26, 2010|newspaper=Portland Business Journal}} Growth from the Surescripts deal led to an increase of employees to 120 and a need to add {{convert|6000|ft2}} of office space.{{cite news|url= http://www.bizjournals.com/portland/print-edition/2012/04/13/kryptiq-finds-acceptance.html?page=all|title= Kryptiq finds acceptance |last= Siemers |first= Erik |date= April 13, 2012|newspaper=Portland Business Journal}}
Surescripts acquired all of Kryptiq in August 2012, which exercised such an option from the prior deal that brought Surescripts in with a 21% ownership stake.{{cite news|url= http://www.bizjournals.com/portland/news/2012/08/31/hillsboros-kryptiq-acquired-by.html|title= Hillsboro's Kryptiq acquired by Surescripts |last= Siemers |first= Erik |date= August 31, 2012|newspaper=Portland Business Journal}}{{cite news|url= http://www.oregonlive.com/silicon-forest/index.ssf/2012/08/kryptiq_sells_business_to_sure.html|title= Kryptiq sells business to Surescripts, will stay in Hillsboro |last= Rogoway |first= Mike |date= August 31, 2012|newspaper=The Oregonian}} At the time of the purchase, Kryptiq had revenues of about $25 million annually and 125 employees.
In January 2015, the company announced that it was splitting from Surescripts and becoming independent again. The company changed its name to Enli Health Intelligence in September 2015.{{cite web|title=Company Overview of Enli Health Intelligence|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=6350565|website=Health Care Technology|publisher=Bloomberg Business|access-date=26 October 2015}} In August 2016, Enli was still headquartered on Amberglen Parkway,{{cite web|title=Contact Us|url=http://www.enli.net/contact-us|publisher=Enli Health Intelligence|archive-url=https://web.archive.org/web/20160805035750/http://www.enli.net/contact-us|archive-date=August 5, 2016|access-date=October 27, 2016}} in eastern Hillsboro, but by October 2016 it had relocated its corporate headquarters to NW 167th Avenue, in northern Beaverton{{cite web|title=Contact Us|url=http://www.enli.net/contact-us|publisher=Enli Health Intelligence|archive-url=https://web.archive.org/web/20161027095940/http://www.enli.net/contact-us|archive-date=October 27, 2016|access-date=October 27, 2016}} (a little more than one mile to the east).
In January 2021, Enli was acquired by Cedar Gate Technologies, based in Connecticut.{{cite news |last=Hayes |first=Elizabeth |title=Portland-area health care technology provider sold to Connecticut company |url=https://www.bizjournals.com/portland/news/2021/01/05/health-care-technology-company-sold.html |access-date=December 26, 2021 |newspaper=Portland Business Journal |date=January 5, 2021}}{{cite press release|author=|title=Cedar Gate Technologies Acquires Enli Health Intelligence |url=https://www.prnewswire.com/news-releases/cedar-gate-technologies-acquires-enli-health-intelligence-301200616.html |publisher=Cedar Gate Technologies |date=January 5, 2021 |access-date=December 26, 2021}} For an unknown period, the new owner retained the Enli name and referred to it as "a Cedar Gate company",{{cite web |title=Home page – Enli Health Intelligence |url=https://www.enli.net/ |publisher=Cedar Gate Technologies |access-date=December 26, 2021 |archive-url=https://web.archive.org/web/20210308115529/https://www.enli.net/ |archive-date=March 8, 2021 |quote=Enli is now part of Cedar Gate Technologies |url-status=unfit}} but later in 2021 all references to Enli, other than historical references, were removed from Cedar Gate's website.{{Citation needed|date=March 2023}}
Products
Kryptiq licensed a variety of healthcare related software to both healthcare providers and health insurers.{{cite web|url= http://www.kryptiq.com/about/|title= About |access-date= December 12, 2012|publisher= Kryptiq }} These products included CareManager, DocuSign for Patients, Secure Messaging, Automated Clinical Messaging, Patient Portal, ePrescribing, and others that provided services such as document management. The Secure Messaging program was the backbone of the network utilized by parent company Surescripts, which was used by doctors to share patient records and information electronically. Kryptiq's Patient Portal allowed providers to accept payments from patients over the internet, which totaled almost $10 million in 2011. Customers included Providence Health System, MeritCare Health System, GE Healthcare, and MedStar Health, among others.
References
{{Reflist}}
Category:Companies based in Beaverton, Oregon
Category:Companies based in Hillsboro, Oregon
Category:Defunct companies based in Oregon
Category:Privately held companies based in Oregon
Category:Software companies established in 2001
Category:2001 establishments in Oregon
Category:Software companies based in Oregon