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Healthcare Analytics Firm Acquired
In the US, healthcare data management firm MedData, a division of AGDATA, LP, has acquired healthcare analytics firm ManagedCare.com.
MedData says the buy, which is the latest in a series of strategic acquisitions, strengthens its position as a leading provider of real-time and other healthcare EDI and managed care services integrated with data analytics and business intelligence tools.
MedData COO Steve Purdy comments: 'ManagedCare.com brings expertise and innovation in the area of healthcare analytics that perfectly augments the data collection and processing services we already offer. Their customized approach for specific geographic regions combined with their national scope, provides health plans, delegated entities such as IPAs and MSOs, and provider clients with a broad range of truly unique analytics solutions. Specifically, ManagedCare.com services address HEDIS reporting and Pay-for-Performance (P4P), disease management, Medicare/CMS initiatives (HCC/RAF) as well as other ad-hoc healthcare reporting requirements via the web-based, ASP portal.'
ManagedCare.com was co-founded by Curt Hatch and Michael Hodes, both of whom will continue to manage the firm's day-to-day operations and assist with the integration process.
MedData, founded in 1997, is the healthcare division of AGDATA, whose services include transactional data processing, rebate fulfillment, data mining, customer analysis, market research and strategic marketing consulting, for clients in the crop protection, seed, animal health and human health sectors. The firm has offices in offices in Charlotte, NC, Los Angeles, CA, Mason City, IA, Grand Junction, CO, and Cambridge, Ontario.
Web sites: www.managedcare.com and www.agdatacompanies.com .
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