Availity to Acquire Diameter Health
Health information network Availity has agreed to buy Diameter Health, a clinical data quality and interoperability company, for an undisclosed sum. The acquisition is expected to be completed in the third quarter of 2022. Financial details of the deal were not disclosed.
Russ Thomas, CEO of Availity had said that “This acquisition underscores Availity’s strategy to empower providers and health plans to benefit from actionable, real-time, and precise data insights to reduce administrative inefficiencies, maximize revenue potential, and drive quality of care improvements for patients on one scalable platform”
Mary Lantin, President and COO of Diameter Health had said that “Clinical data is tremendously valuable, but the ability to structurally and semantically normalize multi-source, multi-format clinical data, and further enrich and deploy that data to drive action is still an emerging capability in healthcare. Diameter Health is a leader in unlocking clinical data’s full potential” .
As part of the acquisition, Availity plans to integrate Diameter Health’s complementary Upcycling Data™ technology into Availity’s existing clinical data gateway capabilities positions Availity to deliver one of the strongest integrated clinical and claims data network and interoperability platforms in healthcare.
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