California-based healthcare knowledge and analytics corporate Reveleer has received Novillus, which provides a workflow platform for well being plans.
Reveleer, previously Well being Information Imaginative and prescient, supplies an AI-enabled platform for payers aimed toward advancing value-based care. The corporate provides workflow, knowledge and analytics equipment for chance adjustment, high quality growth and member control. It additionally supplies scientific file retrieval and overview services and products.
Novillus is a workflow engine for payers that specializes in care hole control and workflow processing. The corporate additionally provides a carrier listing knowledge platform.
Reveleer will use Novillus’ generation to extend its medical intelligence equipment in value-based care and make allowance for collaboration between well being plans and suppliers.
“By means of obtaining Novillus, we are accelerating our means of aligning payers and suppliers to toughen well being results thru sooner care hole closure,” Jay Ackerman, CEO of Reveleer, stated in a remark.
“This acquisition strengthens our platform’s skill to ship unequalled AI-powered high quality and medical intelligence answers, whilst serving to our consumers now not simplest meet, however exceed their objectives for Megastar Score efficiency, chance adjustment accuracy, and care hole closure. All are key spaces that power progressed affected person results, cut back price of care, and toughen monetary luck.”
THE LARGER TREND
Remaining yr, Reveleer secured greater than $65 million in a investment spherical led via Hercules Capital.
In 2021, the corporate raised $65 million in a spherical led via Oak HC/FT with participation from earlier traders Boston Millennia Companions and Prematurely Ventures.
In 2023, Reveleer received MDPortals, a chance adjustment platform that compiles affected person knowledge from numerous assets around the care continuum right into a unified longitudinal well being file. The purchase allowed Reveleer to combine this capacity into its current platform.
A yr sooner than, Reveleer received Dynamic Healthcare Programs, which supplied an built-in workflow platform interested by member control, earnings optimization and chance control. Dynamic supported well being plans considering Medicare standalone plans, Medicare Benefit, and Medicaid and Alternate methods.
