Novo Holding’s A/S, Denmark based leading global investor in the fields of healthcare and life sciences, announced on Wednesday, July 07, the company’s strategic plans to invest in Availity, one of the most prominent players working on healthcare data and administrative networks facilitating the connection between payers, and providers across the United States.
Availity is the leading provider of payer-provider collaboration. Availity has designed a critical infrastructure efficiently connecting hospitals and physicians with the health plans. Availity is one of the critical industry players with its extensive digital provider engagement, revenue cycle technology services, and solutions. It also provides the elimination of administrative burden along with costs from the healthcare system.
Availity expressed the affirmative collaboration with Novo Holding’s, welcoming them as the company’s newest partner, addressed Russ Thomas, CEO of Availity. Thomas also added that Novo Holding’s is introducing new perspectives to Availity.vast experience in global healthcare and commitment to add sustainability to the healthcare system will elevate the payer-provider collaboration with its tangible benefits up a notch. Novo Holding’s has units set up in San Francisco, Boston, London, and Singapore.