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July 30, 2015 3:13 PM ET

Health Care Technology

Company Overview of NextGxDx Inc.

Company Overview

NextGxDx Inc. operates as a healthcare IT company that focuses on enhancing the genetic test ordering process for the medical community. Its portfolio includes GeneSource, a tool available for physicians and other healthcare professionals to search for, compare, and order genetic tests from various laboratories; and GeneConnect, a utilization management solution that leverages the GeneSource database and provides hospitals and sendout laboratories with the tools to lower costs and address workflow inefficiencies associated with the genetic test ordering process. The company was founded in 2010 and is based in Franklin, Tennessee.

810 Crescent Centre Drive

Suite 280

Franklin, TN 37067

United States

Founded in 2010

Phone:

615-236-4566

Key Executives for NextGxDx Inc.

Founder, Chief Executive Officer and Director
Chief Financial Officer
Chief Technology Officer
Senior Vice President of Business Development
Vice President of Bioinformatics
Compensation as of Fiscal Year 2015.

NextGxDx Inc. Key Developments

Seattle Children's Hospital Collaborates with NextGxDx, Inc. to Develop a Joint Genetic Test Utilization Management

Seattle Children's Hospital announced that it will collaborate with NextGxDx Inc. to develop a joint genetic test utilization management (UM) solution for children's hospitals and pediatric practices. The collaboration will combine the hospital's PLUGS UM program and its team of genetic testing experts with NextGxDx's GeneConnect platform, a technology solution designed to bring highly specialized data and tools to help curb rising genetic testing send-out costs. The collaboration was announced at the first annual PLUGS Summit Utilization Management Conference. PLUGS, which stands for Pediatric Laboratory Utilization Guidance Services, helps clinical laboratories and practitioners decrease costs and errors associated with unnecessary laboratory testing by providing practical resources, expert advice and a valuable peer network for members to develop sustainable utilization management programs.

NextGxDx Inc. Announces Appointments to its Board

NextGxDx Inc. announced the successful closing of the company's Series B round of financing, which was led by Voyent Partners and joined by the Nashville Capital Network. With the new investment, the company has expanded its board of directors to include new members Patrick J. Balthrop Sr.; Phil Hertik; Jim Kever; George Lazenby; and G. Walter Loewenbaum II. Balthrop has served as the president and chief executive officer of Luminex Corp. Hertik is the former founder, chairman and CEO of Windsor Health Group. Kever has been a principal in Voyent Partners, since 2001. He is also a director of Luminex Corp. and Tyson Foods Inc. Lazenby most recently served as chief executive officer of Emdeon and was a member of its board of directors since September 2008. Mr. Lazenby is currently a senior advisor for Emdeon's majority investor, Blackstone Capital Partners. Loewenbaum has been the chairman of Luminex Corp. since 2002 and 3D Systems Corp. The new members join current board members Harris and James Lackey, chairman and CEO of Complete Holdings Group. Kever will serve as the new Chairman.

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