Annual awards program recognizes outstanding
health and medical technology products and companies
NantHealth, Inc. (NASDAQ: NH), a leading provider of enterprise
solutions that help businesses transform complex data into
actionable insights, today announced that its NaviNet Open platform
has been selected as the winner of the “Healthcare Insurance
Innovation Award” in the sixth annual MedTech Breakthrough Awards
program conducted by MedTech Breakthrough, an independent market
intelligence organization that recognizes the top companies,
technologies, and products in the global health and medical
technology market. This is the second year in a row NantHealth has
won a MedTech Breakthrough award. In 2021, the company was named
winner of the “Best Overall MedTech Software” award for its Eviti
Connect platform by MedTech Breakthrough.
“Our continued drive for excellence in healthcare has seen us
develop NaviNet Open to benefit all stakeholders in the healthcare
ecosystem. Health plans can transform themselves from organizations
traditionally viewed as gatekeepers to active participants in
improving the quality of care at all stages and dramatically
increasing process efficiencies,” said Ron Louks, chief operating
officer at NantHealth.
NaviNet Open is a payer-provider collaboration platform that
facilitates provider engagement and generates reliable, actionable
data throughout the continuum of care delivery. With NaviNet Open,
payers and providers benefit from increased operational efficiency,
streamlined communication, and significant savings.
The NaviNet Open solutions deliver rich transactional and
interactive workflows that meet payers’ business and technical
needs. The flexible integration with the payers’ backend systems
and third-party applications means information comes directly from
the source in real-time. Configurable applications allow for rapid
implementation specific to each payer’s data and business
requirements.
As a two-time MedTech Breakthrough award winner, in 2021
NantHealth was recognized with the “Best Overall MedTech Software”
award for its Eviti Connect for Oncology platform, which
streamlines the authorization of cancer treatment, ensuring
prescription of high-quality, high-value care and setting patients
on the path to appropriate treatment sooner. It also validates
decisions with evidence-based medicine and payer policies before
treatment begins. The automated process reduces the administrative
time involved in obtaining and providing authorizations, aligning
all parties around value-based care.
The mission of the MedTech Breakthrough Awards is to honor
excellence and recognize the innovation, hard work, and success in
a range of health and medical technology categories, including
Telehealth, Clinical Administration, Patient Engagement, Electronic
Health Records (EHR), Virtual Care, Medical Devices, Medical Data
and many more. This year’s program attracted more than 3,900
nominations from over 15 different countries worldwide.
“The healthcare industry continues to move from fee-for-service
to fee-for-value reimbursement, and as health plans expand these
value-based care models and create new products, they need to adopt
solutions that help them improve provider alignment while
exchanging critical information all along the patient care
journey,” said James Johnson, managing director, MedTech
Breakthrough. “NantHealth’s ‘breakthrough’ NaviNet Open platform
delivers on this need, leading to reduced manual processes through
decreased administrative complexity, and ultimately higher quality,
more cost-effective care that directly benefits patients. We extend
our sincere congratulations to NantHealth on winning the
‘Healthcare Insurance Innovation Award’ for 2022.”
About NantHealth, Inc.
NantHealth, a member of the NantWorks ecosystem of companies,
provides enterprise solutions that help businesses transform
complex data into actionable insights. By offering efficient ways
to move, interpret, and visualize complex and highly sensitive
information, NantHealth enables customers in healthcare, life
sciences, logistics, telecommunications and other industries to
automate, understand and act on data while keeping it secure and
scalable. NantHealth’s product portfolio comprises the latest
technology in payer/provider collaboration platforms for real-time
coverage decision support (Eviti and NaviNet), and data solutions
that provide multi-data analysis, reporting and professional
services offerings (Quadris). The OpenNMS Group, Inc., a NantHealth
subsidiary, helps businesses monitor and manage network health and
performance. For more information, visit nanthealth.com, follow us
on Twitter, Facebook, LinkedIn and YouTube, and subscribe to our
blog.
About MedTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and
recognition platform for global technology innovation and
leadership, the MedTech Breakthrough Awards program is devoted to
honoring excellence in medical and health related technology
companies, products, services and people. The MedTech Breakthrough
Awards provide a platform for public recognition around the
achievements of breakthrough health and medical companies and
products in categories that include Patient Engagement, mHealth,
Health & Fitness, Clinical Administration, Healthcare IoT,
Medical Data, Healthcare Cybersecurity and more. For more
information visit MedTechBreakthrough.com.
NantHealth Forward Looking Statement
This news release contains certain statements of a
forward-looking nature relating to future events or future business
performance. Forward-looking statements can be identified by the
words “expects,” “anticipates,” “believes,” “intends,” “estimates,”
“plans,” “will,” “outlook” and similar expressions. Forward-looking
statements are based on management’s current plans, estimates,
assumptions and projections, and speak only as of the date they are
made. Risks and uncertainties include, but are not limited to: our
ability to successfully integrate a complex learning system to
address a wide range of healthcare issues; our ability to
successfully amass the requisite data to achieve maximum network
effects; appropriately allocating financial and human resources
across a broad array of product and service offerings; raising
additional capital as necessary to fund our operations; our ability
to grow the market for our software and data solutions;
successfully enhancing our software and data solutions to achieve
market acceptance and keep pace with technological developments;
customer concentration; competition; security breaches; bandwidth
limitations; our ability to integrate The OpenNMS Group, Inc. into
our operations; our use and distribution of open source software;
our ability to obtain necessary regulatory approvals,
certifications and licenses; dependence upon senior management; the
need to comply with and meet applicable laws and regulations;
unexpected adverse events; and anticipated cost savings. We
undertake no obligation to update any forward-looking statement in
light of new information or future events, except as otherwise
required by law. Forward-looking statements involve inherent risks
and uncertainties, most of which are difficult to predict and are
generally beyond our control. Actual results or outcomes may differ
materially from those implied by the forward-looking statements as
a result of the impact of a number of factors, many of which are
discussed in more detail in our reports filed with the Securities
and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20220516005034/en/
Jen Hodson Jen@nant.com 562-397-3639
NantHealth (NASDAQ:NH)
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