Smithtown holding company bets big on Florida firms

New menu: Various technological treasures in the HubCentrix pipeline now belong to Smithtown holding company iGambit.

A diversified Smithtown development and holding company – built specifically to acquire and develop early-stage technologies – has completed one long-awaited corporate acquisition and is moving swiftly toward its next.

iGambit Inc. announced this week that it has officially acquired HubCentrix Inc., a Florida-based digital-asset manager with a penchant for capturing and managing medical data. Terms of the Stock Exchange Agreement, which was announced in August 2016 and closed on Valentine’s Day, were not disclosed.

HubCentrix will initially operate as a wholly owned subsidiary of iGambit under the name HealthDatix Inc., iGambit said in a statement. Focused primarily on patients’ eligibility for Medicare-reimbursed doctor visits, HealthDatix will look “to access and assist in the wellbeing and cultivation of a healthy lifestyle,” the parent company said.

iGambit Chairman John Salerno called the acquisition a “new business opportunity which we believe will increase our stockholders’ value.”

John Salerno: Providing for the providers.

“Our management team and advisors are very accomplished at introducing and administering rapid-growth technology services,” Salerno said Wednesday. “We anticipate that our exciting newly combined entity HealthDatix will have the professionals in place to competently deal with the accelerated growth curve necessary to meet the needs of physician community throughout the country.”

Salerno’s Smithtown firm, meanwhile, hopes to close on its next acquisition – this also including a Florida entity – within a month’s time. The next item on iGambit’s shopping list is the CyberCare Health Network, a subsidiary of EncounterCare Solutions, a Palm Beach-based integrated healthcare and energy company.

Launched by EncounterCare Solutions in 2012, the CyberCare Health Network boasts several medical-tech treasures in its vault, including various proprietary healthcare apps, the Electronic House Call – a video-chatting unit equipped with a blood pressure monitor – and a “wearable medial watch” ideal for improving care for chronically ill patients.


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