#United States #Nashville #Sentact #Hardenbergh Group #Preverity

A Transformative Merger in Healthcare

In a groundbreaking announcement, Hardenbergh Group, a prominent provider in healthcare credentialing, has merged with Sentact and Preverity to create a new leader in patient safety and healthcare compliance solutions. This significant union aims to revolutionize the health systems landscape by offering a cohesive platform designed to improve patient experiences while effectively managing clinical risks.

A Vision for Better Healthcare

The newly formed entity, which will operate under the Sentact brand, seeks to unify and enhance the way healthcare organizations address operational challenges. As Daniel Hart, the CEO of the merged organization, eloquently pointed out, "Hospitals and health systems need more than point solutions. They require unified product and service platforms that not only provide insights but also facilitate proactive interventions."

This merger is set to combine the extensive resources and expertise of the three organizations. The integrated Sentact platform will provide healthcare providers with advanced tools for maintaining operational best practices, ensuring regulatory compliance, and enhancing patient safety.

Key Services Offered by the Unified Platform

The merger brings together three core capabilities:

1. Sentact's Digital Rounding and Compliance Platform: This market-leading solution is currently utilized by hospitals across the United States, focusing on standardizing operational activities that bolster patient safety and enhance the overall patient experience.
2. Hardenbergh Group's Workforce Solutions: Their recognized services support physician credentialing and payer enrollment, ensuring rigorous peer reviews that contribute directly to quality and organizational compliance in healthcare settings.
3. Preverity's Advanced Risk Intelligence: This component of the merger is crucial for delivering predictive analytics that offer insightful data regarding clinical risks and provider performance, thereby enabling healthcare leaders to make informed decisions and improve safety outcomes.

Harnessing Data for Better Outcomes

As the healthcare landscape continues to evolve, the importance of data cannot be overstated. Larry Van Horn, co-founder of Preverity, noted that the merger will empower healthcare providers to act preemptively, thus reducing occurrences of preventable medical issues. The new entity aims to enhance safety, trim malpractice costs, and lower reserve requirements through better data utilization.

Chris Dube, President of Sentact, emphasized that the focus will be on crafting a platform aimed at the future of healthcare. He stated, "Hospital executives are not just looking for data—they desire foresight. They need the capability to anticipate and address potential issues before they arise."

Investment for Growth

This merger is bolstered by strategic investments from BV Investment Partners, a seasoned private equity firm with substantial experience in tech-enabled business services. Their support not only provides the necessary capital for growth but also aligns with the long-term vision and shared values of the newly unified group.

Sean Wilder from BV Investment Partners highlighted the unique chemistry and clarity among the teams involved, asserting that this merger represents a rare opportunity to develop a company that will deliver extensive value—financially, clinically, and reputationally—for healthcare organizations throughout the nation.

Conclusion

With a clear focus on enhancing patient safety and ensuring healthcare compliance, this merger positions Sentact as a pioneering force in healthcare solutions. The leadership teams from all three original companies are committed to maintaining continuity and fostering innovation, ensuring that the new entity not only meets predefined objectives but sets new industry standards. The future of healthcare appears promising with this blend of expertise, technology, and commitment to patient care.

To stay updated with the latest advancements from Sentact, visit Sentact, Hardenbergh Group, and Preverity.