Advalent, Inc. Launches New Clinical Services Division to Create Transparency between Providers and Payers in Risk Adjustment

WESTBOROUGH, Mass., March 15, 2019 /PRNewswire-PRWeb/ -- Advalent, a market-leading, end-to-end healthcare payer administration, risk adjustment and medical management platform for Medicare, Medicaid and Exchange payers, is pleased to announce the launch of Advalent Health Services (AHS). AHS will expand Advalent's current risk and quality offerings to include clinical services such as in-home health assessments, HEDIS gap closure and telehealth services, creating one of the first tech-enabled service companies to bring complete transparency to health-plan members, providers and payers.

"By integrating Advalent Health Services with our current technology platform, we will be able to offer risk-bearing entities a complete end-to-end solution unlike any other in healthcare," stated Brian Lichtlin, Advalent's CEO. "Payers will be able to use Advalent as a single source for almost all of their functional areas which will help them consolidate vendors, increase productivity and streamline their processes to better engage their members in a risk population, by bringing true transparency to their provider networks, while increasing their ROI."

About Advalent
Advalent was founded in 2013 with the mission to create the next generation of core-administration and medical management technology used by Payers, Payviders, and ACOs to compete in value-based care. They have created flexible, easy-to-use solutions for enrollment, claims, billing, appeals & grievances, risk and quality and network and medical management that enable payers with the automation needed to increase operational efficiencies across Commercial, Medicaid, Medicare Advantage, Exchange and Workers Compensation and Subrogation. Advalent has created a platform-as-a-service for managing traditional and new complex products to meet the needs of the industry as it continues its push towards value-based care.

SOURCE Advalent