Builds on DataLink’s portfolio and high-growth for the year
TAMPA, Fla.–(BUSINESS WIRE)–DataLink Software (DataLink), a leading provider of integrated population health applications, interoperability, provider engagement and value-based care performance management solutions to healthcare providers and payers, today announced that it has acquired Miami-based healthcare data integration and financial informatics company Orizon360°. The acquisition broadens DataLink’s Evoke360 solution by allowing users to enhance provider partnerships and improve patient outcomes across the care continuum. The acquisition also expands DataLink’s Florida footprint with Medicare Advantage payers and providers in the state.
“DataLink is excited about the acquisition of Orizon360°,” states Kevin Steele, chief executive officer, DataLink. “The combination of our industry-leading offerings furthers our goal of advancing clinical data connectivity, payer-agnostic data integration and risk and quality management for our new and current customers.”
Orizon360° enables payers, managed service organizations and providers with technology solutions to manage risk-bearing contracts. Orizon360° combines advanced value-based risk analytics, quality measures management, risk scoring and financials in the single-source, cloud-based platform Rockerbox™.
DataLink’s NCQA-certified Evoke360 clinical connectivity solution assists some of the nation’s largest payers and over 200,000 providers with closing gaps in care, recapturing HCCs and reducing the cost of care through utilization management. Evoke360 provides users with a 360-degree view of the patient’s health status and data visualization of the patient’s care across the care continuum. The integration of the Rockerbox platform’s capabilities will further enhance the robust datasets of Evoke360 by adding a rules-based risk engine, disparate claims system integration, actuarial reserve management and HMO operations management.
Peter Miret, chief executive officer, Orizon360°, states, “We look forward to our customers leveraging the capabilities of the Evoke360 solution to better manage their providers, improve performance and, ultimately, deliver better patient care and outcomes.”
The Orizon360° acquisition was supported by lead investor Revelstoke Capital Partners.
About Orizon360°
Founded in 2008, Orizon360° is a healthcare data integration and financial informatics company that provides population health management, advanced analytics, HEDIS measures management and ongoing analysis and insights for at-risk providers, payers and managed care organizations. The payer-agnostic platform, Rockerbox™ manages Medicare Advantage, Medicaid and Commercial lines of business. For more information, visit www.orizon360.com.
About DataLink Software
Founded in 2001, DataLink is a healthcare technology company that empowers better health by delivering real-time data aggregation, EHR connectivity, and dynamic dashboards and reporting to payers, providers and care partners. DataLink promotes the collaboration of multiple stakeholders across the care continuum, providing a holistic, real-time view of the entire spectrum of patient data, and its intelligent, data-driven solutions drive value by reducing the cost of care, improving quality scores, ensuring risk adjustment accuracy, and simplifying healthcare navigation. For more information, visit www.datalinksoftware.com.
About Revelstoke Capital Partners
Revelstoke is a private equity firm formed by experienced investors who focus on building industry-leading companies in the healthcare and related business services sectors. Revelstoke partners with entrepreneurs and management teams to execute on a disciplined organic and acquisition growth strategy as it strives to build exceptional companies. Revelstoke is based in Denver, Colorado and has approximately $2.4 billion of assets under management. Since the firm’s inception in 2013, Revelstoke has completed 77 acquisitions, which includes 18 platform companies and 59 add-on acquisitions. For more information, visit www.revelstokecapital.com.
Contacts
Media:
Nicole Dufour
CPR Communications
ndufour@cpronline.com
201.641.1911 x 54
Naeema Long
DataLink Software
naeema.long@datalinksoftware.com
813-903-1091