- Acquisition deepens company’s analytics capabilities, post-acute presence and support for SNF networks
Net Health, a leading provider of cloud-based software for specialty medical providers across the continuum of care, announced that it has acquired PointRight Inc., a leading provider of analytics and data-driven tools for the post-acute market. The acquisition adds to Net Health’s expanding investments in analytics capabilities, which include the recent acquisition of Tissue Analytics in April 2020 and the earlier acquisition of Focus on Therapeutic Outcomes (FOTO).
The acquisition of PointRight expands Net Health’s position and scale in the growing post-acute market. Additionally, the acquisition will enable Net Health’s broad roster of hospital clients to better manage their skilled nursing facility (SNF) networks and support outcomes measurement and performance improvement in Medicare Advantage and managed Medicaid programs.
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Today, close to 2,400 SNFs use PointRight’s advanced analytics and data-driven decision support tools to further their clinical, financial and operational objectives. SNFs use PointRight to improve the accuracy of their reimbursement and regulatory submissions and to enhance overall performance in readmissions, quality and outcomes, including:
- More accurate and compliant patient assessments
- Reduced rehospitalization rates
- Optimized care transitions
More recently, health systems, ACOs, payers and real estate investment trusts (REIT) have relied on PointRight to provide insight into the health of their SNF networks and to identify areas for improvement.
“Through PointRight, Net Health will significantly expand how we support SNFs and their health system, accountable care organization (ACO), payer and REIT partners,” said Josh Pickus, Net Health’s Chief Executive Officer. “It also strengthens our growing analytics capabilities by providing insights into post-acute performance, which enables providers and payers to align around value-based care initiatives.”
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“With Net Health, we have found a partner with a strong commitment to the post-acute market and deep knowledge of the advanced analytics capabilities that underlie PointRight’s solutions,” said Steven Scott, CEO of PointRight. “I am confident that PointRight’s customers and employees will thrive as part of the Net Health family.”
Net Health will fully integrate PointRight staff to accelerate the delivery of new analytics solutions and expand the availability of PointRight to Net Health’s customers and markets.
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