Nanthealth Announce Acquisition of NaviNet to Add Payer-Provider Portal to its Technology Suite
FREMONT, CA: Healthcare industry is stepping ahead into technology space. NantWorks and its owned subsidiary NantHealth LLC, a cloud-based information technology provider that combines genomic science and Big Data have announced that they have acquired NaviNet, a payer-provider collaboration technology solution provider to transform and open a new era in healthcare. The deal gives NantHealth entry into the payer market and strengthens its personalized medicine goals.
Acquisition continues NantHealth’s vision of delivering on whole health systems integration and revolutionizing the patient-clinician experience by bringing real-time molecular and evidence-based insights to the point of care, while delivering interoperability, connectivity and better decision support for its cloud-based platform of services.
NaviNet’s smart next-generation payer-provider healthcare communications network connects Big Data informatics systems developed by health plans, delivery systems, and software vendors to the heterogeneous provider community. It provides physicians the patient’s insurance information, enables the sharing of critical real-time intelligence and prompts them about upcoming screening tests to be performed for patient. NantHealth will now leverage NaviNet’s nationwide network of thousands of active providers and hospitals to reach more doctors with genomics, real-time decision support and connectivity solutions to enable better care coordination at lower costs for patients.
NaviNet’s All-Payer Access provider portal connects more than 450 commercial and government plans via NaviNet Open, its payer-provider collaboration platform. The platform acts as a tool to that connects patients to the clinical trials based on cancer’s molecular profile.
NaviNet Open Foundation solution delivers administrative transactions such as insurance verification and claims management into the intimate administrative and clinical collaboration needed both in chronic disease management and newly reimbursable genetic and oncological strategies. It will serve as a nationwide scalable, real-time access point and secure web-based portal for patients and providers to receive news about novel clinical agents and to access active cancer clinical trials locally. It consists of a suite of reimbursement-related and clinical applications and a set of tools that customers can use to configure and customize the system.
“The acquisition of NaviNet completes our 10-year vision at NantWorks and NantHealth to integrate and coordinate our complex healthcare ecosystem from the knowledge domain, to the care delivery domain and now to the payer domain, as a single sign-on, seamless, cloud-based, secure adaptive learning system for patients, payers, and providers. By combining NaviNet Open’s applications with NantHealth’s platforms and with NantOmics supercomputer predictive modeling platforms, we are now poised to be the nation’s leading healthcare collaboration network by transforming the payer-provider relationship to evolve from transactions to interactions and finally to collaboration. The combination of leading-edge genomic science and best-in-class applications, delivered through NantHealth, will be critical for winning the wars against cancer, hypertension, diabetes, and other life-threatening diseases. Our dream was to address the cognitive overload that faces clinicians today especially in the complexity of cancer, and support community oncologists as well as major academic centers,” said Dr. Patrick Soon-Shiong, Founder and Chief Executive Officer, NantHealth.
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