OVERLAND PARK, Kansas—Netsmart announced its acquisition of HealthPivots, an Oregon-based market intelligence company for the post-acute care continuum. The company said the combination of Netsmart’s care platform and HealthPivots’ “DataLab” aims to provide consolidated data, advanced analytics and a platform to enhance the post-acute care provider transition to value-based care (VBC).
"Netsmart and HealthPivots align perfectly in our commitment to delivering unparalleled data solutions to inform and equip business decisions," said Scott Green, senior vice president and managing director of Netsmart's CareDimensions, the company's platform. "This shared vision will further scale the Netsmart data suite to better support and help post-acute care providers excel under evolving payment models. By integrating comprehensive Medicare claims data from HealthPivots, we can enhance our clients' ability to thrive in the era of value-based care. This acquisition brings together the strengths of both companies to achieve that goal."
HealthPivots' DataLab provides access to Medicare claims data and incorporates additional data sources, such as Medicare cost reports and Centers for Medicare & Medicaid Services quality reporting programs. This data integration into the CareFabric platform aims to enhance analytics capabilities and provide support for the requirements of VBC models.
"We are thrilled to join the Netsmart team to combine our expertise and resources to help providers optimize their current fee-for-service operations while preparing for a transition to value-based care," said Bob Tavares, chief commercial officer of HealthPivots. "By integrating the HealthPivots DataLab comprehensive analytics with the robust Netsmart platform, we can better equip organizations with the tools necessary to navigate this shift successfully."
HealthPivots’ clients can use the solutions with the electronic health record (EHR) of their choice, the company said.
