“Omega Healthcare, a leading technology-enabled healthcare management solutions provider, today announced its acquisition of ApexonHealth, an AI and automation-based revenue cycle management and payor solutions provider, and Vasta Global, a provider of real-world data abstraction and analytics for the oncology market.”
“ApexonHealth leverages its digital solutions to deliver comprehensive technology-enabled services for both providers and payors from revenue cycle management and coding to claims management and advanced analytics. ApexonHealth’s cognitive and automation capabilities have significantly reduced manual effort and increased accuracy in claims adjudication strengthening its payor services. ApexonHealth’s expertise in the healthcare payor sector will augment Omega’s existing payor-focused offerings.”
“Vasta Global provides clinical data management with a focus on the oncology market and provides real-world evidence (RWE) data curation and analytics, clinical trial support, and cancer registry services for cancer centers. Vasta Global’s customers span the entire healthcare ecosystem including providers, pharmaceutical and biotechnology companies, and contract research organizations (CROs) that provide clinical trial management services.”
“The two acquisitions will complement Omega Healthcare’s existing strengths in revenue cycle management and clinical data management for various medical registries including cancer, stroke, and trauma. These acquisitions are part of the strategy to accelerate Omega’s journey in scaling its portfolio of AI- and data-analytics- based solutions to help healthcare clients optimize revenue while reducing cost through leveraging of big data and automation technology. With the recently completed acquisition of Reventics, Omega Healthcare will deliver an end-to-end revenue cycle management suite of solutions to healthcare providers, from analytics-driven clinical documentation improvement to platforms for payment data management. The Company will also expand its oncology-focused offering to now include big data capture and reporting to help healthcare providers and pharmaceutical companies leverage complex, longitudinal data to improve cancer treatment…” Read the full press release here.
Source: Omega Healthcare completes acquisition of ApexonHealth and Vasta Global – April 13, 2022. Omega Healthcare.
