What You Should Know:
– Sagility, a provider of tech-enabled business operations solutions for the healthcare industry, acquires BroadPath Healthcare Solutions, a U.S.-based healthcare services company. Financial details of the acquisition were not disclosed.
– The strategic move expands Sagility’s service offerings, diversifies its client base, and strengthens its position in the healthcare technology market.
Strategic Acquisition Enhances Sagility’s Position in the Healthcare Technology Sector
BroadPath, headquartered in Tucson, Arizona, operates a work-from-home delivery model with over 1,600 employees across the U.S. and the Philippines. The company offers a range of services, including member engagement, member acquisition, claims and appeals administration, and provider enrollment and credentialing.
Key benefits of the acquisition include:
Expanded Market Presence: The acquisition adds more than 30 new clients to Sagility’s portfolio, significantly increasing its market reach and solidifying its position among the top ten largest health plans in the U.S.
Diversified Client Base: BroadPath’s client base includes payers, third-party administrators, pharmacy benefit managers, and providers, diversifying Sagility’s existing client portfolio.
New Service Capabilities: BroadPath’s member acquisition services will be a valuable addition to Sagility’s offerings, enhancing its ability to support healthcare organizations in attracting and retaining members.
Work-from-Home Expertise: BroadPath has been a pioneer in the work-from-home model, with its proprietary Bhive platform optimizing employee engagement and performance in a remote work environment.
