Monday 22 February 2021

New York-based value-based healthcare provider Vytalize Health has agreed to acquire Ohio-based patient engagement platform MedPilot to accelerate data-driven engagement technology to Medicare population, the company said.

Terms of the transaction were not disclosed.

The acquisition brings Vytalize an end-to-end patient engagement capability to manage its 65,000 Medicare patients and USD 1bn of medical spending.

Vytalize has raised over USD 17m from investors, including KittyHawk Ventures and Hudson River Capital Partners, to bolster the company's network of 600 primary care providers across 14 states.

It continues to build its next generation of functionality that will enable Vytalize to engage patients further and ensure they receive extraordinary and comprehensive care.

Vytalize Health partners with independent providers in value-based care arrangements for Medicare beneficiaries.

The company combines a Medicare ACO, virtual doctors' office, and a digital health platform to equip its network of physicians with everything they need to be successful in caring for their patients and staying ahead in a rapidly changing healthcare system.

The high-growth, venture-backed company works with over 600 providers and manages more than USD 1bn in medical spending.

MedPilot navigates patients through their healthcare experience. Their engagement platform personalises outreach and uses machine learning to optimise based on their interactions.