Datavant × Ciox Health
Datavant and Ciox Health merged in a transaction valued at $7.0 billion, creating what they describe as the nation's largest health data ecosystem. [61, 65] The combined entity, named Datavant, aims to facilitate the secure exchange of patient-level data among providers, payers, life science companies, and government agencies. [65] The deal was supported by investors including New Mountain Capital, Roivant Sciences, Sixth Street, and Goldman Sachs Asset Management. [61]
The asset
Merger of two health data companies to create the largest health data ecosystem in the U.S. for securely connecting and exchanging patient-level data.
- 2k hospitals
- 15k clinics
The record
- Seller status
- Going concern
- Sector
- Health information management
- Modalities
- text, EHR data, clinical data
- Jurisdiction
- US
- Personal data
- The stated goal is to help healthcare organizations securely connect their data, using tokenization technology to protect patient privacy while enabling data linkage. [56, 61]
What it means if you hold data
This merger created a dominant player in the U.S. health data market, combining Ciox's vast network for clinical data retrieval with Datavant's expertise in de-identification and data linkage. For data buyers, this consolidation offers a more streamlined, albeit more concentrated, source for accessing large-scale, linked, real-world health data.