“This merger will enable us to fulfill our shared mission more effectively, extend the reach of our services, strengthen our position in the market, and most importantly, improve the health of the communities we serve.”
SALT LAKE CITY (PRWEB) February 08, 2018
The governing boards of HealthInsight and Qualis Health have executed a letter of intent to merge the two organizations and their operations across the U.S., seeking to achieve greater scale and synergy in improving population health and enhancing the quality and value of health care.
Both HealthInsight and Qualis Health have been engaged in health care quality consulting and providing quality improvement services for more than 40 years. Currently they contract with the Centers for Medicare & Medicaid Services (CMS) as well as Medicaid and other agencies in multiple states. Both organizations maintain a diverse portfolio of additional public- and private-sector business operations across the U.S. The new merged organization will employ more than 500 people, with anticipated annual revenues of over $80 million.
HealthInsight and Qualis Health are roughly comparable in size and complementary in scope of operations. They are committed to creating a new, merged organization that builds on the successes, strengths and cultures of both companies. The organization’s governing board will include equal representation by current board members of each organization, supplemented by new members currently not affiliated with either company. HealthInsight and Qualis Health will continue to use their current organizational names for ongoing operations until a new, corporatewide brand is introduced.
Marc Bennett, president and CEO of HealthInsight, will serve as CEO of the merged organization. “HealthInsight is excited to join forces with Qualis Health, a national leader in our industry with a highly skilled team and a strong vision,” Bennett said. “This merger will enable us to fulfill our shared mission more effectively, extend the reach of our services, strengthen our position in the market, and most importantly, improve the health of the communities we serve.”
Qualis Health president and CEO Jonathan Sugarman, M.D., MPH, added, “For the past year, the Qualis Health board of directors has been working to ensure a smooth and orderly leadership transition and a strong and sustainable future as I complete my service as Qualis Health’s president and CEO. I am confident that under Marc Bennett’s leadership the impact of the new organization will be even greater than the sum of its parts.”
The organizations anticipate that the merger will become final later this spring, following the completion of required legal filings and regulatory approvals.
About HealthInsight and Qualis Health
Both HealthInsight and Qualis Health have been engaged in health care quality consulting for more than 40 years, assisting front-line providers and engaging health care stakeholders to improve health care and outcomes. Currently they contract with the Centers for Medicare & Medicaid Services (CMS) as the Medicare Quality Innovation Network – Quality Improvement Organizations serving Idaho, Nevada, New Mexico, Oregon, Utah and Washington, and they maintain a diverse portfolio of additional business operations across the U.S.
HealthInsight, a 501(c)(3) nonprofit organization headquartered in Salt Lake City, oversees affiliated nonprofit corporations in Nevada, New Mexico, Oregon and Utah, as well as End Stage Renal Disease Networks in the western United States. The company also holds Medicaid external quality review contracts in New Mexico and Oregon through its HealthInsight Assure affiliate. Additional current health improvement initiatives focus on reducing avoidable hospitalizations among nursing facility residents; improving the health of American Indian and Alaska Native people; expanding the availability and use of diabetes prevention programs in rural underserved counties; improving the safety of opioid prescribing; improving transparency and public reporting; and redesigning how care is paid for and delivered.
Qualis Health, headquartered in Seattle, is a national leader in improving care delivery and patient outcomes, with regional offices in Alabama, Alaska, California, the District of Columbia, Idaho, Kansas, and New Mexico. Clients include CMS, state Medicaid and other government agencies, providers, federally qualified health centers, health plans, foundations and other privately funded organizations. Qualis Health is nationally recognized for its care management services, which assure the provision of high-quality and cost-effective care for public and private purchasers. The company’s Outlook Associates subsidiary offers health information technology consulting services for a broad range of health care industry clients.