Posts in Portfolio Company News
ProviderTrust featured in The Economist as a fast growing health-tech startup

Consider ProviderTrust, a health-tech startup. The firm has developed a novel software-as-a-service offering that helps health-care firms track people’s professional credentials and licences efficiently. Because states do not typically share timely information about disciplinary actions taken against health-care workers, footloose rogues can create a costly regulatory headache for unwitting new employers in another state. The company has been growing at a rate of over 60% a year since its founding in 2010; revenues should reach $10m this year.   

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Procured Health Launches Evidence-Based Pharmacy Solutions to Tackle Escalating Drug Spend and Inappropriate Utilization

Procured Health CEO Hani Elias views the Pharmacy solutions as critical to the company’s goal of eliminating unnecessary variation and introducing evidence into patient care. “We see a significant opportunity to help health systems improve care by reducing the unwarranted variation and high costs often associated with drugs as well as medical devices,” he said. “When you apply relevant and proven clinical evidence to a health system pharmacy’s specific challenges, you start to drive real change.”

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ChartWise debuts new RAF Calculator functionality

"To date, CDI has focused on the inpatient population, using DRGs to determine reimbursement, and Severity of Illness (SOI) and Risk of Mortality (ROM) to identify how sick a patient is," said Dr. Jon Elion, founder and CEO of ChartWise Medical Systems. "However, as the CDI industry begins to contemplate outpatient or ambulatory, different metrics are required. We cover both inpatient and ambulatory -- providing both the DRG weight and RAF scores. This is truly a game-changer in the industry."

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Vericred Now Delivering Data for Medicare Advantage Market Enabling Platforms that Serve the Aging Baby Boomer Generation

Vericred, a healthcare data services company, announced that it has extended its health insurance data platform to the Medicare Advantage market. With this launch, Vericred is now delivering plan design and rate data, provider-network data and formulary data to technology companies seeking to bring transparency, decision support and plan selection efficiency to the senior market. 

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Vericred Named One of Six Innovators to Watch

Vericred wants to be the utility company that powers your innovative health plan data and analytics products and services. The New York-based company currently focuses on three main data sets: health plan design and rate data; provider network data; and formulary data. The goal is to make it easier for small group health insurers and innovative tech companies to build tools for searching providers, selling benefit plans, quoting coverage and enrolling policyholders, among other things. Several innovators within Innovator's Edge are customers for Vericred's data as a service, the company says. To learn more about Vericred,

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