Bellevue, Wash.-based well being software program firm Edifecs has acquired Well being Constancy, a San Mateo, Calif.-based startup. The acquisition will allow Edifecs to construct up danger adjustment instruments in its software program merchandise for well being firms.
Well being Constancy mines language in healthcare information to evaluate a affected person’s danger for numerous circumstances. The method facilitates billing for value-based care, which de-emphasizes fee-for-service fee in favor of prevention and first care.
The deal comes on the heels of Edifecs’ acquisition of one other healthcare data-mining startup, Talix, in September. “By combining Well being Constancy and Talix options with our personal workflow, Edifecs can now supply payers and suppliers scientific and coding options that ship danger adjustment insights throughout many operational areas all whereas enabling the shift to value-based care,” mentioned Edifecs CEO Venkat Kavarthapu in a press release.
Edifecs, which additionally has places of work in Atlanta and Mohali, India, sells enterprise software program to greater than 350 healthcare firms, together with BlueCross BlueShield, Cigna, Humana, and others. Well being Constancy’s greater than 80 staff will probably be absolutely built-in into Edifecs, bringing its headcount to greater than 1,030 staff globally, in response to a spokesperson. Well being Constancy staff will proceed to work from their present areas. Phrases of the deal, which finalized Monday, weren’t disclosed.