MedVision, Inc. | January 07, 2022
MedVision, Inc. (MedVision), a leading provider of value-based healthcare business applications for delegated risk entities today announced its acquisition of Complete Health Systems, LC (CHS), a long-time leader in the Self-Insured and Third-Party Administrator arena. In tandem, the companies create a more advanced, comprehensive, and seamless approach in automation of the many departmental processes of health plan and benefit administration-oriented organizations.
In addition to serving the Self-Insured and TPA sectors of healthcare, the combined companies address the needs of many Risk-Based Models that include Health Plans, Independent Physician Associations, Physician-Hospital Organizations, Integrated Delivery Networks and of CMS' Advanced Payment Models including Direct Contract Entities.
"This acquisition infuses MedVision with a broader based expertise within the business segments where CHS has historically played a role and vice versa," said Albert B. Sosa, Chief Executive Officer of MedVision, Inc. "Much of each firm's core product competencies will together create an unmatched approach in efficient, cost-effective solutions geared to virtually any healthcare administrative environment."
"Since 1991, CHS has been providing their technology platform to administrators of self-funded health plans, both large and small. MedVision, through its acquisition of CHS, provides CHS with access to their resources, including the capabilities of their over 1,100 strong worldwide talent pool. We are excited to leverage these synergies with MedVision to deliver even greater value to our current and future clients, especially in the existing environment of evolving marketplace requirements."
Chacko Kurian, President of CHS
Today MedVision provides advanced solutions to virtually every type of delegated risk model of healthcare delivery organizations. MedVision's platform has pioneered supporting structures from fee-for-service through value-based capitation arrangements across organizations. An integral part of the Meditab Group of Companies (MGoC), MedVision and it's affiliated firms address the technology oriented solution needs for providers, payers, employers and members across all lines of business.
About MedVision, Inc.
Since inception in 1994, MedVision has created sophisticated and multifunctional application healthcare solutions that are designed to handle diverse operational structures—managing complete end-to-end workflow for delegated Risk-Based Organizations (RBOs). Designed to manage all core lines of business including Medicare, Medicaid/Medi-Cal, and commercial plans within business structures such as IPAs, MSOs, PHOs, TPAs, ACOs, FQHCs, plans and other Specialty Carve-Out networks.
About Complete Health Systems, LC
Since 1991, Complete Health Systems, LC, "CHS", has provided information technology and health plan technology solutions for Health Plan Benefit Administrators. Today CHS has nationwide clients and a reputation for providing a comprehensive solution for Third Party Administrators who administer self-insured; Medical, Dental, Vision, and Disability plans, Taft-Hartley Plans, Association Plans and Self-insured plans administered by Employers.
KLAS | December 02, 2020
KLAS, a healthcare research and experiences firm, and Censinet, the main wise danger network for healthcare, today reported a partnership to help healthcare IT sellers and administrations firms improve their general danger and security profile and give more prominent straightforwardness to a large number of healthcare suppliers. As a feature of the partnership, KLAS, which has directed profound research and investigation on in excess of 900 healthcare IT items and administrations, will present another Cybersecurity Readiness Assessment.
The partnership will likewise incorporate collective research, understanding sharing, uncommon report access, and cybersecurity best works on, outfitting healthcare chiefs with essential data to improve their cybersecurity act and at last, encourage a safer and beneficial healthcare environment.
“More than ever, providers and payers rely on vendors to deliver highly secure and resilient products and services,” says Adam Gale, President of KLAS. “Our partnership with Censinet will enable KLAS-rated vendors to communicate a level of security transparency and confidence to providers and payers with better decision making.”
While the monstrous endeavor to actualize electronic wellbeing records over the previous decade has prodded a time of advanced wellbeing development, it has additionally enormously extended the assault surface for digital crooks to target healthcare associations. What's more, presently, the COVID-19 pandemic has both expanded dependence on computerized wellbeing and given assailants significantly more impetus to target suppliers, payers and others in the healthcare business.
The new Cybersecurity Readiness Assessment created through the KLAS and Censinet partnership expects to help healthcare pioneers reveal hazards in IT merchant and administrations arrangements. Rather than the months-long and asset escalated measure commonly needed to survey security worries of new healthcare innovation, these new appraisals promptly give suppliers the certainty they need to settle on choices rapidly. Innovation that has not yet been surveyed can be checked in as meager as 10 days.
“Censinet and KLAS share a common vision that arming providers and their vendors with the right tools, insight, best practices and education is the best way to reduce risks to patient data, care and safety,” said Ed Gaudet, CEO and founder of Censinet. “We’re excited about working with KLAS and continuing to advance our mutual mission of creating a secure and efficient healthcare ecosystem.”
KLAS and Censinet are facilitating a progression of healthcare merchant online classes portraying the cycle and advantages of support throughout the next few weeks. All sellers and administration firms that KLAS right now estimates will have the occasion to provide details regarding their cybersecurity readiness. Subsequent to participating in an online class, connections to evaluations will be given to partaking merchants. Support doesn't need an enrollment to KLAS and is offered to sellers at no expense.
KLAS has been providing accurate, honest, and impartial insights for the healthcare IT (HIT) industry since 1996. The KLAS mission is to improve the world’s healthcare by amplifying the voice of providers and payers. The scope of our research is constantly expanding to best fit market needs as technology becomes increasingly sophisticated. KLAS finds the hard-to-get HIT data by building strong relationships with our payer and provider friends in the industry.
Censinet provides the first and only third-party risk management platform built by and for healthcare organizations to manage the threats to patient care that exist within an expanding ecosystem of vendors. With its unique Censinet One-click Assessment™ capabilities and Digital Vendor Catalog™, the Censinet Platform reduces the time to assess vendor risk from weeks to seconds, while automating inefficient workflows and providing continuous real-time insights into the changing risk profile of each vendor.
CPSI | September 24, 2020
CPSI a healthcare solutions company, and ChartWise Medical Systems Inc. (ChartWise), a computer-assisted clinical document improvement (CDI) company, today announced a partnership that will help healthcare organizations of all sizes improve clinical documentation accuracy and overall medical reimbursement. To strategically manage costs, while also requiring improvements in the quality of patient care, payers continue to shift from fee-for-service to fee-for-value reimbursement models.