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Net Health Looks Ahead to 2025 with Continued Momentum as a Leading Health Tech Partner

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Business wins, strategic collaborations, and renewed commitment to client partnership highlight a year of transformation

PITTSBURGH, Dec. 20, 2024 /PRNewswire/ — Net Health, a trusted source for specialized software solutions that empower restorative care providers across the continuum of care, is entering 2025 with impressive momentum driven by a year of transformative leadership. Through rebranding initiatives, partnerships and collaborations, and award recognitions, the company has redefined its organizational vision, advanced its mission to deliver impactful healthcare solutions, and solidified its position as a leader in the healthcare technology space.

“As we reflect on a year of growth, it’s clear that Net Health is uniquely positioned to redefine how technology supports providers and patients,” said Ron Books, CEO of Net Health. “From initiating industry-shaping partnerships to delivering effective solutions to clients, our achievements in 2024 are a testament to our team’s dedication. We’re entering 2025 on a high note and remain focused on advancing the future of healthcare through collaboration and a relentless commitment to delivering better outcomes for providers.”

Improving Clarity of Purpose:
In 2024, Net Health renamed its products to make it easier for clients and prospects to understand the solutions it offers. The change reintroduced familiar and trusted names; it reflects Net Health’s commitment to supporting providers with offerings tailored to their unique needs. Changes include:

A return to trusted health tech names:Net Health Optima replaced Therapy for Senior Living and Therapy for Skilled Nursing.Net Health ReDoc replaced Therapy for Hospitals.Net Health TherapySource replaced Therapy for Clinics.Net Health WoundExpert replaced Wound Care. Tissue Analytics was unchanged.Improved clarity:FOTO Analytics replaced FOTO Patient Outcomes.Value-Based Care Solutions replaced PointRight, offering specialized software, analytics, and support to drive success in value-based care for skilled nursing facilities, states, and payers.

The company also unveiled an updated brand and website to more clearly define Net Health.

Building Partnerships:
Net Health continued to forge impactful partnerships and achieve significant milestones. Through collaborations with innovative companies and longstanding clients, Net Health found ways to drive progress in healthcare technology and service delivery.

Artificial Intelligence (AI) integration with Tali.ai: Net Health announced a collaboration with Tali.ai, enabling the company to offer ambient documentation directly inside its products. This collaboration will integrate Tali’s advanced capabilities into select Net Health platforms, including Optima, ReDoc, TherapySource, and WoundExpert. While the partnership is in its early stages, it paves the way for introducing cutting-edge ambient documentation solutions, reinforcing the company’s dedication to improving workflows and patient outcomes.

Data and AI Governance Plan Launched: Net Health introduced a comprehensive Data and AI Governance Plan to ensure the ethical, transparent, and secure use of data and AI technologies. This framework integrates data and AI governance, emphasizing data integrity, compliance with standards like GDPR and HIPAA, and alignment with ONC’s DSI certification requirements. By fostering trust, mitigating risks, and driving operational excellence, this plan enhances the accuracy of AI-driven tools and supports better outcomes for Net Health’s clients.

Accelerating Business Growth:
Net Health renewed and built vital client partnerships with many of the most important providers of restorative care by understanding how technology helps meet their ever-growing needs. Net Health products are built for reimbursement consistency, efficiency gains, and insights that lead to growth. Key wins in 2024 include:

Rock Valley Physical Therapy: Net Health TherapySource is now live across over 60 Rock Valley Physical Therapy locations, supporting over 400 users. This implementation highlights the collaboration and ability of Net Health’s Product Management, Engineering, Client Success, and Implementation teams, delivering a seamless rollout and strong early results. The partnership with Rock Valley has already expanded, with 21st Century joining under the Rock Valley MSA to use TherapySource as its core practice management platform. As part of the Midwest Therapy Network, this addition marks a new phase of growth, with Rock Valley’s influence paving the way for broader TherapySource adoption among independent practices in the network.

Expanded Partnerships and Record-Breaking Bookings: In 2024, the Net Health WoundExpert team achieved a record-breaking month in incremental sales bookings, including wins at notable local and regional hospitals. In addition, the Net Health Tissue Analytics team renewed and expanded its partnership with Intermountain Healthcare, securing a multi-year contract including eight additional hospitals and solidifying its position within a major healthcare network. The team also expanded its presence in post-acute care with new revenue through WoundExpert deployments.

State Medicaid VBP Programs: The Value-Based Care Solutions team achieved a record-breaking October in new bookings for State Medicaid VBP programs in the Hospital and Primary Care settings. In 2024, Net Health Value-Based Care Solutions secured record-breaking new annual recurring revenue through contracts with managed care organizations.

Occupational Health Business Growth: In 2024, Occupational Health surpassed annual sales targets in year-to-date sales bookings, highlighting its success in delivering the technology customers need to be successful and underscoring its commitment to growth. This included numerous client expansions in both Employee Health and Occupational Medicine, strengthening our partnership with clients. The team also focused on migrations of clients to our hosting platform, providing the advantage of security and stability while lowering their total cost of ownership. Occupational Health is growing at a responsible pace that aligns with providing maximum value to clients.

Recognition of Excellence: 
Net Health received several accolades that highlight its work in advancing wound assessment technology.

Merit Awards: Tissue Analytics was recognized with the Gold Award for Mobile Digital Health Resources in the 2024 Merit Awards, honoring excellence across industries.

SaaS Awards: Tissue Analytics was named a finalist for Best SaaS Healthcare Product in the 2024 SaaS Awards.

Strengthening Our Commitment to Clients:
Net Health’s commitment to partnership gained momentum in 2024, helping to expand communications with clients and provide opportunities to influence the direction of product innovation. These initiatives include:

Net Health NEXT: The inaugural Net Health NEXT Client Conference highlighted technology that can better connect patients, payers, and providers; offered hands-on product training forums; and provided insight into what’s to come for electronic health records (EHRs).
 Client and Product Advisory Boards: Net Health sales and product leaders launched Client Advisory Boards and Product Advisory Boards to ensure active collaboration with clients. The boards are an opportunity to help shape product roadmaps and sales/implementation processes.

Coming Soon: In 2025, Net Health will host the second annual Net Health NEXT 2025 Client Conference in Austin, Texas, at The Line Hotel. The two-day event will feature industry insights, hands-on training, and discussions designed to empower practices and enhance patient care.

About Net Health 
Net Health is a trusted source for more than 25,000 healthcare organizations across the continuum of care. Our specialized software solutions enable restorative care providers and their organizations to improve both patient outcomes and financial performance. Over 30 years of expertise in wound care and rehab therapy inform our electronic health record (EHR) software, patient engagement tools, and predictive analytics. Our technology platforms help administrators manage workflow, specialists engage with patients, and executives drive business growth. Net Health is a portfolio company of The Carlyle Group, Level Equity, and Silversmith Capital Partners. Learn more at www.nethealth.com

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SOURCE Net Health Systems, Inc.

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11:11 Systems Announces Strategic Partnership with Cato Networks to Deliver SASE Solution for Distributed Enterprises

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New Managed Secure Access Service Edge (SASE) solution combines SD-WAN, cloud-native networking and security capabilities with 11:11’s connectivity, cyber resilience and cloud expertise

SYDNEY, July 22, 2026 /PRNewswire/ — 11:11 Systems, a leading managed infrastructure solutions provider, today announced the global availability of its 11:11 Managed Secure Access Service Edge (SASE) solution and a new strategic partnership with Cato Networks.

11:11 Managed SASE is a fully managed secure connectivity solution leveraging Cato Networks AI-native network security platform. This solution brings together intelligent SD-WAN, cloud-delivered security and global connectivity into a single offering. It enables organisations to simplify and secure access across branch offices, data centres, users and cloud environments, reducing complexity without sacrificing performance or control.

Built on the Cato Networks cloud-native SASE platform, 11:11 Managed SASE combines zero trust network access (ZTNA), firewall as a service (FWaaS), secure web gateway (SWG), cloud access security broker (CASB), advanced threat protection and centralised visibility into a unified managed experience. 11:11 also delivers 24x7x365 monitoring and support, incident management integration and operational accountability to help customers limit vendor sprawl, increase agility and free internal teams to focus on higher-value priorities.

The offering is backed by 11:11’s broader networking, cloud and cyber resilience capabilities. Through its global backbone, carrier-agnostic connectivity options and integrated portfolio spanning cloud, backup, disaster recovery and security services, 11:11 gives customers a practical path to modernise network and security architecture while strengthening resilience across the business.

“Enterprises are under pressure to support users, applications and locations that are more distributed than ever, while limiting complexity and improving security,” said Justin Giardina, CTO, 11:11 Systems. “Our Managed SASE solution provides customers with a unified approach to modernising networking and security, along with the visibility, support and flexibility they need to thrive in a rapidly changing environment.”

According to Karl Soderlund, global channel chief, Cato Networks, “As enterprises move beyond fragmented legacy networking and security stacks, they need a simpler way to gain visibility, context and control across hybrid work environments and reduce the operational burden on IT. Through our partnership, we can address these challenges head on and deliver end-to-end visibility and protection in a single service built for the reality of modern work.”

The joint offering is well suited for distributed enterprises, multi-site organisations, hybrid workforce initiatives, SD-WAN refreshes, security modernisation efforts and businesses with limited IT resources. 11:11 meets customers where they are by supporting existing environments, simplifying multi-vendor operations and serving as a single provider accountable for network, security, cloud and data integration.

This partnership expands 11:11’s Network as a Service portfolio and follows Forrester’s inclusion of 11:11 Systems in its report, “The Secure Access Service Edge Services Landscape, Q1 2026.”

About 11:11 Systems

11:11 Systems is a managed infrastructure solutions provider that empowers customers to modernise, protect and manage mission-critical applications and data, leveraging 11:11’s resilient cloud platform. Learn more at www.1111Systems.com and follow 11:11 on LinkedIn.

View original content:https://www.prnewswire.com/apac/news-releases/1111-systems-announces-strategic-partnership-with-cato-networks-to-deliver-sase-solution-for-distributed-enterprises-302830322.html

SOURCE 11:11 Systems

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Crowell & Moring Expands Financial Services Group with Former UBS Bank USA General Counsel Cristina Diaz

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NEW YORK, July 21, 2026 /PRNewswire/ — Crowell & Moring has added Cristina Diaz, former executive director and general counsel of UBS Bank USA, and most recently head of legal for UBS’s U.S. Remediation Management Office, to the firm’s Financial Services Group as senior counsel in New York. Diaz brings more than two decades of in-house counsel and law firm experience in bank regulation, compliance, and risk management.

At Crowell, Diaz will counsel banks, fintechs, and digital assets companies on a broad range of bank regulatory matters, including charters and licensing, permissible activities, capital requirements, regulatory enforcement, M&A, and corporate governance. She will also counsel clients navigating the intersection of traditional banking and emerging financial services, including digital assets companies seeking to acquire or establish national banks, and banks exploring partnerships with fintechs and digital assets firms.

At UBS, Diaz advised on the firm’s most pressing regulatory matters, including most recently UBS Bank USA’s charter conversion from a Utah industrial bank to an OCC national bank and key compliance remediations. This work gave Diaz extensive experience navigating relationships with state and federal financial regulators. Earlier in her career, Diaz spent eight years at Davis Polk & Wardwell advising U.S. and foreign banks on bank regulatory matters, M&A, and capital markets transactions.

“Cristina is a highly experienced, solution-oriented attorney who brings deep knowledge in the bank regulatory space. She will be an enormous asset to the firm’s growing regulatory and transactional offerings to banks, digital assets businesses, and fintechs,” said Carlton Greene, Co-Chair of Crowell’s Financial Services Group.

“I am delighted to join Crowell & Moring and integrate my bank regulatory experience with the firm’s nationally-recognized digital assets practice. As traditional banking and emerging financial technologies continue to evolve, clients need actionable and sophisticated legal counsel. Crowell offers the collaborative platform to help institutions successfully execute their growth and compliance strategies,” said Diaz.

Diaz received her J.D. from New York University School of Law, where she was a member of the New York University Law Review, and received her B.A., summa cum laude, from New York University. She is fluent in Spanish.

About Crowell & Moring LLP
Crowell & Moring is an international law firm with operations in the United States, Europe, and MENA. Drawing on significant government, business, industry, and legal experience, the firm helps clients capitalize on opportunities and provides creative solutions to complex regulatory and policy, litigation, transactional, and intellectual property issues. The firm is consistently recognized for its commitment to pro bono service, as well as its comprehensive programs and initiatives to advance the professional and personal development of all members of the Crowell community.

Media Contact:
Email: prteam@crowell.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/crowell–moring-expands-financial-services-group-with-former-ubs-bank-usa-general-counsel-cristina-diaz-302831280.html

SOURCE Crowell & Moring LLP

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Quantinuum and SoftBank Corp. Publish Joint White Paper on Scaling Practical Quantum Computing Use Cases Toward the Fault-Tolerant Era

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The companies have published a joint white paper mapping commercially relevant quantum computing use cases in quantum chemistry and graph analytics to Quantinuum’s hardware roadmap.The paper provides a framework for assessing how advances in quantum hardware and algorithms, could affect when practical industrial applications become feasible.SoftBank Corp. and Quantinuum will use the roadmap to inform their exploration of future quantum AI data center services and related business models.

TOKYO and BROOMFIELD, Colo., July 22, 2026 /PRNewswire/ — Quantinuum (NASDAQ: QNT) and SoftBank Corp. (“SoftBank”) today announced the publication of “Quantum Computing Frontiers,” a joint white paper that maps two commercially-relevant quantum computing application areas against Quantinuum’s hardware roadmap. The analysis examines how advances in quantum hardware and algorithms could affect when these applications become practical for industrial use.

The paper focuses on two representative application domains that SoftBank is actively using Quantinuum’s systems to research: quantum chemistry for new materials discovery and energy research, and topological data analysis for large-scale graph analytics, including for telecommunications fraud detection. The authors anchor their assessment of the scalability of these two application areas against Quantinuum’s published hardware roadmap, examining how projected advances in hardware capabilities and algorithms may enable the commercial readiness of future industrial applications.

Building on this use-case roadmap, the paper also examines how quantum computing, AI, and high-performance computing could be integrated into future computing infrastructure. It considers how progress across successive hardware generations could inform future quantum AI data center services and related business models, a key focus of the Quantinuum and SoftBank partnership announced last year.

“The key takeaway of this study is that organizations do not need to wait for large-scale, fault-tolerant systems to explore where quantum computing can begin creating value,” said Duncan Jones, General Manager, Applications Group at Quantinuum. “By using today’s systems to develop, benchmark and refine applications in areas such as quantum chemistry and graph analytics, enterprises can build the technical and operational readiness needed for the next era of quantum-enabled computing.”

“The question is no longer whether quantum computing may deliver value, but rather which problem classes become executable at which stage of hardware maturity,” said Ryuji Wakikawa, Senior Vice President & CTO at SoftBank Corp. “However, we believe progress in hardware must be complemented by equally strong developments in quantum algorithms and the integration of quantum systems with AI and high-performance computing.”

The white paper discusses illustrative scenarios describing how representative applications, technology maturity, and potential market opportunities may evolve over time under stated assumptions. The analysis provided in the paper is intended to provide a conceptual framework for understanding potential market evolution and does not represent financial guidance or forecasts. These analyses are intended to support discussion of future technology development and should not be interpreted as commitments regarding commercialization, infrastructure investment, products, services, or financial performance.

The full white paper is available to download on the SoftBank and Quantinuum websites.

About SoftBank Corp.

Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is aiming to activate the potential of AI across its businesses and drive implementation in line with its “Activate AI for Society” growth strategy. While further growing its telecom business, SoftBank is expanding its AI computing infrastructure and AI and Cloud service businesses with the aim of becoming a provider of Next-generation Social Infrastructure. To learn more, please visit https://www.softbank.jp/en/corp/

About Quantinuum

Quantinuum (NASDAQ: QNT) is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity.[1] Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

For more information, please visit www.quantinuum.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain statements that may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for Quantinuum to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Quantinuum does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

[1] As of December 31, 2025.

SOURCE Quantinuum

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