Intermedix Corporation, a provider of data analytics and cloud-based technology has acquired healthcare data analytics provider WPC Healthcare. The Nashville, TN-based data analytics company uses machine learning to make predictions about health care conditions providing early notification to health care providers and, ultimately, saving lives while decreasing costs. Financial details of the acquisition were not disclosed.
In 2015, Intermedix announced the creation of its analytics business unit designed to identify key trends across quality, clinical, operational, utilization and financial metrics with the ultimate goal of improving provider performance, quality of care and organizational operations. For Intermedix, the addition of machine learning and predictive analytics solutions focused on improving clinical and financial outcomes will further enhance the company’s revenue cycle and practice management offerings. Intermedix supports more than 500,000 emergency preparedness and response incidents around the world and enables more than 15,000 health care providers to focus on delivering excellence in patient care.
As part of the acquisition, the WPC data science team will join the business analysts and data scientists from Intermedix at the company’s headquarters and innovation lab in Nashville. The acquisition of WPC also represents the addition of the first clinical analytics solution for Intermedix.
“Data science and machine learning are the future of health care,” said Joel Portice, CEO of Intermedix in a statement. “The addition of WPC to our suite of solutions is a testament to our company’s commitment to further our investment in health care data analytics in order to assist our customers in managing care and optimizing their revenue cycle.”