Flexwise Health completes merger with Prescience Health

Flexwise Health completes merger with Prescience Health

Press releases may be edited for formatting or style | June 30, 2020 Business Affairs

Reed Smith LLP served as legal counsel to Flexwise Health.

About Flexwise Health

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Flexwise is a technology-enabled business support services company with an on-demand staffing platform that provides healthcare organizations with direct access to fully-vetted healthcare professionals available on a flexible basis. Flexwise’s platform demonstrates meaningful labor cost savings for hospitals and health systems.

About Prescience Health
Prescience helps hospitals predict patient demand and align clinical staff. Prescience uses advanced algorithms to enhance scheduling predictability and integrates with staffing and scheduling systems and EMRs to optimize clinical coverage.

About Concord Health Partners
Concord Health Partners is a healthcare-focused investment firm with a strategic approach that aligns interests between investors and portfolio companies. Concord is primarily focused on investing in companies that have the potential to enhance the value of care through technologies and solutions that lower costs, improve quality and/or expand access to care. The firm, in partnership with the American Hospital Association, sponsors and manages the AHA Innovation Development Fund, a venture capital fund formed to help hospitals and health systems continue to transform health care and deliver cutting-edge care.

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