Friday, November 29, 2013

iVantage Health Analytics acquires Xylem Consulting, LLC

Portland based leading health analytics solution provider, iVantage Health Analytics has announced the acquisition of Columbia based strategic consulting provider, Xylem Consulting, LLC. The terms and conditions of deal are not disclosed.

Xylum consulting was founded in 2007 by Jack Wolf, CPA, MHA.  Company provides data driven strategic decision support system to large hospitals across the state.  Company has a large clientèle list with academic medical centres, community hospitals and so in the list.  Firm has build an excellent track record in getting contractual goals for hospitals completed.  Company also supports on various health care services and pricing strategies.  

iVantage Health Analytics is a provider of healthcare informatics and business analytic solutions.  These solutions transform complex data into actionable business intelligence.  Its platform namely, VantagePoints is also used by hospitals to derive at decision making.  Company's platform has a unique approach of connecting executive dashboards, hospital and system level market analytics, GIS mapping, clinical benchmarking, physician scorecard and so.

This acquisition will complement iVantage's recent acquisition of Professional Data Services (PDS).  Moreover the most important task of this acquisition will to increasing the ever eroding margins related to healthcare sector.  This acquisition will support hospitals increase their bottom line.   

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