Jacksonville, FL — August 9, 2022 —Availity, one of the nation's largest real-time health information networks, announced a definitive agreement to acquire Diameter Health, a national leader in clinical data quality and interoperability.
Integrating Diameter Health's complementary Upcycling Data™ technology into Availity's existing clinical data gateway capabilities positions Availity to deliver one of the strongest integrated clinical and claims data network and interoperability platforms in healthcare.
Together, these solutions will fuel innovations in value-based care (VBC) arrangements, provide seamless information exchange between providers, health plans and technology partners, and normalize structured and unstructured clinical data for a host of digitally enabled use cases.
"This acquisition underscores Availity's strategy to empower providers and health plans to benefit from actionable, real-time, and precise data insights to reduce administrative inefficiencies, maximize revenue potential, and drive quality of care improvements for patients on one scalable platform," said Russ Thomas, CEO of Availity. "Fueled by Diameter's technology, Availity will create the nation's preeminent data acquisition and interoperability platform. We are thrilled to leverage the talents and energy of the Diameter Health team to deliver an integrated clinical and claims data platform that provides real-time, intelligent, bidirectional data workflows and insights."
Diameter Health's API Fusion technology automates the process of upcycling clinical data in real-time, turning inconsistent, multi-source and multi-format data into a robust longitudinal data asset. Diameter Health's Upcycled Data™ is compliant with national terminology standards, consistent with its original intent, and further enriched for broadscale application and actionable intelligence. This process eliminates many of the challenges that limit data usability and exchange, such as non-conformant codes, details buried in text, and information delivered in multiple formats or from multiple sources.
Diameter's best-of-breed technology achieves unparalleled speed and scale and is used by national and regional health plans, healthcare technology developers, government entities, insurtech providers, and health information exchanges.
"Clinical data is tremendously valuable, but the ability to structurally and semantically normalize multi-source, multi-format clinical data, and further enrich and deploy that data to drive action is still an emerging capability in healthcare. Diameter Health is a leader in unlocking clinical data's full potential," said Mary Lantin, President and COO of Diameter Health. "Harnessing the power of clinical data is a critical opportunity for Availity. By combining our complementary capabilities and sitting at the intersection across providers, health plans and data partners, we have the opportunity to truly disrupt the healthcare industry and break new ground in advancing data intelligence."