Providence Combines Investments to Create an Analytics Company

Renton, Wash.-based Providence launched a new analytics business that combines the capabilities and technologies of six companies to focus on population health and revenue cycle management tools for providers and payers.

Named Advata, the company offers a suite of SaaS products to drive better health care. The brand introduction marks the culmination of the strategic integration of KenSci, Colburn Hill Group, Alphalytics, Lumedic, Quiviq, and MultiScale by Providence, one of the nation’s largest health systems.

Advata’s insights create intelligent workflows in the most expensive and complex areas of health care, like the emergency department and operating room. By leveraging data to produce more intelligent healthcare delivery, Advata improves revenue cycle logic and optimizes cash flow, according to the press release. Read more.

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NAHC, NHPCO Sign LOI for Potential Merger

The National Association for Home Care & Hospice (NAHC) and the National Hospice and Palliative Care Organization (NHPCO) announced that their boards signed a non-binding letter of intent to pursue a potential combination of their organizations.