emids, a global provider of IT services and solutions for the healthcare and life sciences industries, has announced the acquisition of Encore Health Resources, a leading healthcare information analytics company focused on value-based care and electronic health records for providers.
The acquisition, which was backed by Baird Capital and Council Capital, adds nearly 200 consultants to emids’ base of 1,500 employees in the US It includes Dallas to its expanding geographic footprint. There will be new office in London, a long-standing India presence, and a Nashville, Tenn-based headquarters. It will also add more than 50 health systems to emids’ client portfolio and deepen its healthcare analytics expertise for clients in the payer and provider markets.
As healthcare providers and payers converge, there is an increasing need for clinical and financial data to operate effectively in a value-based environment. This acquisition provides an opportunity for emids to address these needs for providers, and complements the company’s existing expertise in the payer space, said the company.
“As healthcare becomes more integrated and the focus on consumerism grows, payers and providers are working more closely together,” said Saurabh Sinha, founder and CEO, emids.
“The Indian market has always been of utmost importance to us. This industry is also undergoing a major overhaul driven by technology and innovation. Along with business opportunities we also look to expand our India operations and workforce,” he added.
emids brings decades of experience working with leaders in the payer industry, and with healthcare technology partners, which has given it deep expertise in solving data and technology challenges across segments, enabling it to deliver multiple, targeted solutions, he said.
Encore helps providers plan, implement, manage and optimize clinical and business systems to meet the demands of healthcare reform and improve the quality, cost and coordination of patient care. Rooted in deep operational expertise from working with large and diverse healthcare systems, Encore’s services unleash the power of data to fulfill growing information and reporting needs for providers, as well as help them improve performance, care coordination and population health management.
The acquisition reflects a seamless fit of core values between emids and Encore. Both companies take a partnership approach to serving clients and have a strong emphasis on developing talent.
“We have a similar culture that focuses on helping customers succeed and prioritizing the professional development of people in our organization,” says Tom Niehaus, who will operate Encore as a business unit within emids.
Encore founder Dana Sellers will be joining emids as a member of the board of directors.
Emids acquires encore, widen services, healthcare providers
