Technology Holdings is pleased to announce that our client SCIO Health Analytics has completed the acquisition of Clear Vision Information Systems, creators of an analytics solution and services suite that provides risk adjustment and quality metric strategies for health plans and providers. Technology Holdings was the exclusive advisor to SCIO Health Analytics on the transaction.
"By combining Clear Vision's robust risk adjustment and quality metric analytics, as well as its outreach services, with SCIO's predictive and prescriptive analytics solutions and services focused on reimbursement and care optimization, we can help our clients manage this transition more effectively while maximizing care quality, network performance and revenue." said Siva Namasivayam, CEO of SCIO Health Analytics.
"SCIO's approach to analytics is focused on helping healthcare organizations take actions that will make a difference in their quality of care as well as their bottom lines," said Tom Peterson, founder, president and chief executive officer of Clear Vision. "The two sets of technologies dovetail nicely to deliver a well-rounded picture of the changes organizations need to make to achieve their goals. We are delighted that the Clear Vision team will be able to continue to help healthcare organizations drive improvements as part of this dynamic, forward-thinking company."
SCIO is a leading health analytics solutions company, leveraging the power of healthcare data, predictive analytics, and healthcare business experts to provide clients the solutions to decrease costs, improve health outcomes, increase revenues, and drive ROI and sustainability. The transaction will help combine Clear Vision's analytics offerings and outreach services with SCIO's predictive and prescriptive analytics tools will help clients better manage the transition from fee-for-service to value-based care.
"Technology Holdings has been our trusted M&A adviser for many years, having worked closely with the SCIO Health Analytics team on a number of our acquisitions. Their deep understanding of the healthcare market, coupled with their global reach across the US and Europe, has added significant value in support of our strategic growth objectives."
CEO, SCIO Health Analytics
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