Datavant × Ontellus
Datavant completed its acquisition of Ontellus, a health records retrieval company, to establish a new business vertical focused on the legal and insurance industries. [36, 48] The financial terms of the acquisition were not disclosed. [48, 54] The deal aims to transform the manual process of health record exchange into a more efficient, digital one. [46]
The asset
A provider of health records retrieval and claims intelligence, operating a nationwide digital platform for requesting and delivering medical and billing data. [36, 46]
The record
- Seller status
- Going concern
- Sector
- Health records retrieval
- Modalities
- medical records, billing data
- Jurisdiction
- US
- Personal data
- The company provides a HIPAA-compliant portal for securely delivering records to authorized requesters such as insurance carriers and law firms. [72]
What it means if you hold data
This acquisition shows a strategy of vertical integration, combining Datavant's data connectivity network with Ontellus's specialized retrieval services to digitize and control the data supply chain for legal and insurance markets. [48]