Healthcare software company Edifecs continues its acquisition campaign and takes over Health Fidelity

Edifecs, a healthcare software company based in Bellevue, Wash., Has acquired Health Fidelity, a startup based in San Mateo, California. The acquisition will allow Edifecs to develop risk adjustment tools in its software products for healthcare companies.

Fidelity leverages language in health data to assess a patient’s risk for various conditions. The process facilitates billing for value-based care, reducing the importance of fee-for-service in favor of prevention and primary care.

The deal follows Edifecs’ acquisition of another healthcare data mining startup, Talix, in September. “By combining the Health Fidelity and Talix solutions with our own workflow, Edifecs can now offer payers and providers of clinical and coding solutions that provide insight into risk adjustment across multiple operational areas while enabling the shift to value-based care, ”said Venkat Kavarthapu, CEO of Edifecs, in a statement.

Edifecs, which also has offices in Atlanta and Mohali, India, sells enterprise software to more than 350 healthcare companies, including BlueCross BlueShield, Cigna, Humana, and others. Health Fidelity’s more than 80 employees will be fully integrated into Edifecs, bringing its workforce to more than 1,030 employees worldwide, according to a spokesperson. Health Fidelity employees will continue to work from their current locations. Terms of the deal, which was finalized on Monday, were not disclosed.