Here are five observations:
1. This acquisition reflects one the largest referral management software firms in healthcare, with more than 10,000 physician practices and 700 hospitals, health systems and imaging centers.
2. The combined company now serves in 275 U.S. geographic markets.
3. This acquisition adds to a distribution and technology integration agreement between the companies in 2014.
4. The financial details of the acquisition were not disclosed.
5. Frost & Sullivan estimates the care coordination software market will grow at a CAGR of 26 percent to 2020.
“Together, Clarity and SCI have delivered a first-of-its-kind solution our clients will use to smartly steer clinically-appropriate utilization across their networks, improve convenience for patients and referring providers and reduce excessive costs associated with navigating complex insurance prior-authorization requirements,” said Joel French, CEO, SCI Solutions.
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