Healthline Networks, a provider of intelligent health information and technology solutions, has launched Talix, a health technology company focused on disrupting the healthcare risk adjustment market.
Talix provides data analytics applications to help providers, payers and accountable care organizations gain deeper patient insights, improve patient risk management, achieve better outcomes and reduce costs. It does this by uniquely mining the fast-growing trove of both unstructured and structured patient data often buried in electronic medical record (EMR) systems.
“Healthline has been tremendously successful over the years, both in the consumer space and the enterprise software space,” said Dean Stephens, chief executive officer of Healthline Networks.
“Our consumer health information business, Healthline.com, is the fifth largest health site in the US today and is by far the fastest growing, reaching nearly 40 million unique users last month. Our enterprise software business has also been growing rapidly, serving many Fortune 100 healthcare companies through what has been our Healthcare Information Technology (HIT) Group.”
Derek Gordon, Talix general manager, added: “The mounting realization that we must differentiate Healthline’s two businesses as each continue to expand, combined with the growing market need for more impactful solutions in the healthcare risk adjustment space, led us to found and launch Talix.
“We intend for Talix to be nothing less than the premier healthcare risk adjustment solution provider in the US.”
Healthline Networks is transferring its proprietary technologies developed over 15 years, including its health graph (a semantic taxonomy), clinical natural language processing (NLP) technology, search technology and a configurable clinical rules database, to the new wholly owned subsidiary company.
Healthline Networks, Talix, Dean Stephens, Derek Gordon, US