Search company, investor...

Founded Year

1988

Stage

Acquired | Acquired

Total Raised

$42.4M

Valuation

$0000 

Revenue

$0000 

About Medecision

Medecision is a provider of connected care technology and services for risk-bearing healthcare organizations including health plans, hospitals, thousands of physicians, and millions of consumers. Working within the framework that patients, care providers, and health plans are all driving towards better health outcomes, Medecision and its Aerial solution helps connect all stakeholders to liberate the highest quality and most cost-efficient care.

Headquarters Location

601 Lee Road Chesterbrook Corporate Center

Wayne, Pennsylvania, 19087,

United States

610-540-0202

Loading...

Loading...

Expert Collections containing Medecision

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Medecision is included in 1 Expert Collection, including Conference Exhibitors.

C

Conference Exhibitors

5,302 items

Medecision Patents

Medecision has filed 11 patents.

The 3 most popular patent topics include:

  • content management systems
  • information technology management
  • product lifecycle management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/14/2011

10/28/2014

Health informatics, Telehealth, Electronic health records, Healthcare occupations, Telemedicine

Grant

Application Date

1/14/2011

Grant Date

10/28/2014

Title

Related Topics

Health informatics, Telehealth, Electronic health records, Healthcare occupations, Telemedicine

Status

Grant

Latest Medecision News

New Medecision Research Reveals Top Barriers Holding Health Plans Back from Reducing Costs, Improving Outcomes, Streamlining Efficiencies

Feb 21, 2024

News provided by Share this article and optimistic about AI – but are they ready for transformation? DALLAS and KING OF PRUSSIA, Pa., Feb. 21, 2024 /PRNewswire/ -- Medecision , the leading clinical data and analytics platform company, has announced the release of its comprehensive research report, " The State of Utilization Management, Care Management, and Population Health in 2024 ." This in-depth study provides critical insights into the current landscape and future trends in health plan strategies and technologies. The research highlights the challenges health plan leaders face and unveils surprising findings, notably the gap between executives' recognizing the importance of personalization and the current state of implementation. Other key insights include: 95% of respondents say it is "moderately important" or "very important" to incorporate personalization into care management — but only 34% rate their health plan as being "very personalized." 68% say inefficient workflows are their top frustration with current tools. Top barriers include: lack of member engagement tools, and lack of ability to react in real-time. 51% of respondents say AI and machine learning would be "very impactful" in optimizing workflows to increase member engagement and health outcomes. 77% indicated that it is very important to see all touch points for high-risk members and 60% say it is very important for rising-risk members. 63% of responses found great value in care management and coordination tools to help comply with existing and future regulations. The research calls for a fundamental transformation, emphasizing the need to harness broader data sets, cutting-edge technologies, and innovative strategies to enhance efficiency and value in UM, CM, and engagement capabilities. Strategic data use, AI, and automation are essential for managing utilization effectively and achieving the necessary personalization to sustain member engagement, reduce costs, and improve health outcomes. "The insights from our research reveal that health plan leaders are at a turning point, grappling with outdated tech and fragmented data. At Medecision, we're making data their strongest ally," said Kenneth Young , president and CEO. "Our response is to empower them with advanced, user-friendly technology that effortlessly processes real-time data in its raw form, tailored for care and utilization management. This innovation not only simplifies decision-making but also amplifies operational efficiency, member engagement, and improved outcomes, all while driving down costs." " The State of Utilization Management, Care Management and Population Health in 2024 " is based on independent research conducted by healthcare consultancy Sage Growth Partners. The survey included 53 leadership respondents representing a range of functions including care management, care coordination, utilization management, and operations. "Our research shows that health plans can establish better contextual awareness through the integration of a wider variety of data types — whether medical, social, or behavioral — to create a 360-degree view of individual members," said Stephanie Kovalick , Chief Strategy Officer, Sage Growth Partners. "It is vital for health plans to implement new technology and leading-edge tools to help improve outcomes for members, prevent unnecessary hospitalizations, and reduce avoidable high-risk events." Upcoming Webinar About Medecision Fully delivering on the promise of data — and making the business of healthcare simpler and more successful — Medecision offers a whole new world of possibilities. The company's flagship offering, Aerial ™, stands as the market's most extensible clinical data platform. It offers complete contextual awareness of members and automates next best actions — simple campaigns, complex care management, utilization approvals, and more — for optimal health outcomes. Aerial is not only quick to deploy, it is easy to manage. The platform's effectiveness in reducing both medical and administrative costs, coupled with its role in improving the member and patient experience, has made it the preferred choice for health plans and care delivery organizations. Presently, Aerial is instrumental in catering to over 10% of the U.S. population, marking a significant milestone in advancing healthcare efficiency and effectiveness. www.medecision.com . About Sage Growth Partners Sage Growth Partners is a healthcare advisory firm with deep expertise in market research, strategy, and communications. Founded in 2005, the company's extensive domain experience ensures that healthcare organizations thrive amid the complexities of a rapidly changing marketplace. For more information, visit https://sage-growth.com/ . For More Information:

Medecision Frequently Asked Questions (FAQ)

  • When was Medecision founded?

    Medecision was founded in 1988.

  • Where is Medecision's headquarters?

    Medecision's headquarters is located at 601 Lee Road, Wayne.

  • What is Medecision's latest funding round?

    Medecision's latest funding round is Acquired.

  • How much did Medecision raise?

    Medecision raised a total of $42.4M.

  • Who are the investors of Medecision?

    Investors of Medecision include Health Care Service Corporation, Grotech Ventures, Liberty Venture Partners, Britannia Holdings, DWS Investments and 3 more.

  • Who are Medecision's competitors?

    Competitors of Medecision include VirtualHealth.

Loading...

Compare Medecision to Competitors

BeSure Logo
BeSure

BeSure is a digital healthcare platform focused on the prevention and treatment of strokes. The company offers remote patient monitoring, clinical decision support, and personalized treatment and prevention plans, using wearable, IoT, and medical devices to analyze health indicators in real-time. BeSure primarily serves aging patients, healthcare providers, insurance companies, and wearable and IoT device manufacturers. It was founded in 2015 and is based in The Hague, Netherlands.

Z
ZeOmega

ZeOmega is a company that focuses on simplifying population health management in the healthcare sector. The company offers a platform that provides services such as population health analytics, care management, benefits administration, and operational efficiency. ZeOmega primarily serves sectors such as healthcare plans, health systems, Medicare, Medicaid, and Accountable Care Organizations. It is based in Plano, Texas.

H
HMS Holdings

HMS (NASDAQ: HMSY) provides coordination of benefits and program integrity services for healthcare payors. HMS's clients include health and human services programs; commercial programs, including commercial plans, employers, and Medicaid managed care plans; the Centers for Medicare and Medicaid Services (CMS); and Veterans Administration facilities. On April 1st, 2021, HMS Holdings was acquired by Gainwell Technologies at a valuation of $3.4B.

Casenet Logo
Casenet

Casenet is a care management software solution company. The company provides a suite of applications that incorporates a care management environment along with real-time reporting and analysis. On February 2nd, 2021, Casenet was acquired by Zyter. The terms of the transaction were not disclosed.

VirtualHealth Logo
VirtualHealth

VirtualHealth provides a cloud-based, population health management platform that delivers a 360-degree patient view and enables collaboration across the full care continuum. The company supports real-time analytics-driven care, disease, and utilization management, and includes data integration and a modular architecture. It was founded in 2012 and is based in Tampa, Florida. In October 2023, VirtualHealth was acquired by WPF Holdings. The terms of the transaction were not disclosed.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.