eviCore healthcare, a Bluffton, S.C.-based provider of a advanced medical benefits management platform, acquired QPID Health, a Boston, MA-based provider of analytical software that generates actionable information and clinical insights from patient records.
The amount of the deal was not disclosed.
Led by Michael J. Doyle, President and CEO, QPID Health leverages technology that combines natural language processing (NLP), clinical logic, and machine learning to generate patient facts from information found anywhere and in any format in longitudinal health records, including structured data fields and unstructured narrative notes. Its solutions have been adopted by integrated health systems including Partners HealthCare, Providence Health & Services, Sutter Health, and Sharp HealthCare.
Following the deal, the company will continue to maintain its offices in Boston, Mass. and Carlsbad, Calif. and will retain its name. It is a Partners HealthCare spin-out in late 2012.
Led by John J. Arlotta, Chairman and Chief Executive Officer, eviCore healthcare offers diversified medical benefit management solutions to managed care organizations and risk-bearing provider organizations serving commercial, Medicare, and Medicaid populations. By leveraging a team of specialized medical professional resources, evidence-based guidelines, and advanced technologies, the company supports clients by ensuring the right evidence-based care is delivered at the right time to the right patient at the right site of care. Medical benefit management solutions are offered in Radiology, Cardiology, Musculoskeletal, Medical Oncology, Radiation Therapy, Specialty Drug Management, Sleep, Lab Management, and Post-Acute Care (including participating in the CMS Bundled Payments for Care Improvement initiative).