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Reveleer Strengthens Its Offerings Through Novillus Acquisition

In a significant move for the healthcare technology landscape, Reveleer—a leading player in value-based care technology—has acquired Novillus, a company known for its innovative approaches to care gap management and collaborative provider engagement. This strategic acquisition aims to amplify Reveleer's already robust clinical intelligence and quality improvement solutions, further empowering health plans and providers to work together effectively for improved patient outcomes.

This partnership comes at a time when the importance of Medicare Advantage Star Ratings is increasing, making it crucial for health organizations to foster stronger connections between payers and providers. The acquisition of Novillus positions Reveleer to better equip its customers to navigate and thrive within the evolving landscape of value-based care.

Enhancing Collaboration and Compliance

With Novillus on board, Reveleer plans to enhance its offerings of AI-powered solutions that promote seamless collaboration between health plans and providers. Key functionalities include advanced tools for risk adjustment, quality enhancement, and strategies to efficiently close care gaps. These improvements are essential in moving the needle on health outcomes, ensuring compliance with regulatory expectations, and ultimately driving better financial performance for healthcare organizations.

Jay Ackerman, CEO of Reveleer, emphasized the potential of the acquisition by stating, “By acquiring Novillus, we're accelerating our strategy of aligning payers and providers to improve health outcomes through faster care gap closure.” Under this new integration, the platform aims to provide unmatched solutions that not only meet but exceed expectations concerning Star Ratings and risk adjustment accuracy.

Strategic Benefits for Providers and Health Plans

A highlight of this acquisition is the introduction of Novillus' technology, which bolsters Reveleer's capabilities in areas such as AI automation, real-time roster management, and enhanced provider engagement. Furthermore, Novillus' Clean Provider Data solution offers significant advantages in regulatory compliance, ensuring adherence to mandates like the federal No Surprises Act. This function reduces risk while improving data accuracy, patient satisfaction, and minimizing provider burnout.

The immediate effects of this acquisition will be beneficial for both Reveleer and Novillus customers. Health plans will now have access to comprehensive year-round patient improvement capabilities, while Novillus users can leverage a broader suite of solutions powered by AI, fostering greater impact across their operations.

A Unified Vision for Healthcare Improvement

In a joint statement, Jerry Hagan, CEO of Novillus, expressed enthusiasm for the collaboration, noting, “Our shared vision is to revolutionize how health plans and providers use data to drive better outcomes.” This union is poised to enhance provider engagement, efficiently close care gaps, and maximize compliance efforts on a larger scale, ultimately benefiting not just their users but the entire value-based care ecosystem.

The newly combined entity plans to serve 72 million covered lives and engage with 86 leading healthcare organizations across the United States. This expansion solidifies Reveleer's position as the go-to solution for health plans and providers adapting to the complexities of value-based care.

Andrew Adams, Co-Founder and Managing Partner at Oak HC/FT, commented on Reveleer's strategic growth, stating, “Over the past three years, Reveleer has taken a strategic approach to broadening its offerings... This acquisition stands to deliver even more value to health plans, providers, and patients.”

For those interested in learning more about Reveleer's comprehensive approach to value-based care, further information can be accessed on their official website www.reveleer.com.

About Reveleer

As a pioneering technology platform dedicated to value-based care (VBC), Reveleer focuses on addressing the pressing challenges that health plans and providers face today. By integrating various functionalities such as retrieval, clinical intelligence, risk adjustment, quality improvement, and member management into a cohesive AI-powered system, Reveleer is set to enhance productivity and care quality in the ever-changing healthcare environment.

About Novillus

Founded in 2015, Novillus was established to simplify collaboration between health plans and their provider partners, driving better outcomes for patients and improving performance metrics for health plans. Their innovative solutions are designed to tackle complex workflow challenges and bolster engagement across multiple healthcare domains, including Medicare, Medicaid, and ACA.