Elsevier, an Amsterdam, Netherlands-based publisher of medical information products and services, has added to its predictive analytics suite of services with the acquisition of MEDai, Inc., an Orlando, Fla.-based provider of healthcare claims analyses.
MEDai's predictive analytics solutions focus on severity adjustment, benchmarking and evidence-based care processes. Payers and care management companies use the company's products to predict patients at risk, identify cost drivers for high-risk populations, map out future health plan costs and evaluate patient patterns over time. The company's acquisition gives Elsevier an expanded customer base of large health insurance companies.
The acquisition is the second healthcare-related purchase by Elsevier over the last month. Late in December, the company purchased the Eclipsys Corporation's Clinical Practice Model Resource Center. The Grand Rapids, Mich.-based center provides evidence-based clinical content and professional services "designed to transform healthcare."
"MEDai's predictive analytics and data mining solutions combined with Elsevier's existing evidence and experience-based medical content will enable Elsevier to provide integrated clinical decision support solutions to improve performance and patient care and support quality and cost improvement," said Randy Charles, executive vice president of the Philadelphia-based Elsevier Health Sciences Clinical Solutions Group. "This integrated solution will be valuable to multiple constituents, cutting through what has been a fragmented process at many healthcare facilities."
"This alliance brings together two very different organizations with similar missions," said Steve Epstein, MEDai's co-founder and CEO. "For more than a decade MEDai's predictive analytics has helped healthcare organizations gain greater insight on how to improve quality of care through best of breed data analysis and information sharing."
Brian Nairn, CEO of Elsevier Health Services, said the MEDai acquisition, combined with the company's purchase of Informed Decisions in 2006, "expands (Elsevier's) role on the payer side of the healthcare equation, while enhancing the development and delivery of reliable content on the provider side with Elsevier's more than 600 medical journal titles and electronic CDS products, such as MD Consult, Nursing Consult and Procedures Consult."
Terms of the acquisition were not disclosed.