Navigation Links
Talix, Inc. Spins Off As Independent Company, Secures $14 Million in Funding
Date:1/11/2016

Talix, Inc., a subsidiary of Healthline Networks, today announced it will spin off as an independent company. In conjunction with Summit Partners’ announced investment in Healthline Networks’ media business, former Healthline Networks shareholders and investors will provide $14 million in funding to Talix. This capital will be used to fund the growth of the company’s core risk adjustment product, Coding InSight, and support the development of future applications in its planned suite of patient risk management products powered by Talix’s proprietary HealthData Engine.

Dean Stephens will serve as the new Chief Executive Officer for Talix. Stephens has over 25 years of experience in healthcare, including co-founding and leading Healthline Networks. “Having secured this round of funding, Talix is well positioned to further innovate and disrupt the healthcare risk adjustment space. We are excited for this new chapter and look forward to continuing to deliver value to both our growing stable of high-profile customers and our shareholders,” said Stephens.

Talix will continue to provide information technology solutions to its traditional customers while it evolves its big patient data analytics capabilities. Continuing in executive roles with Talix will be Niraj Katwala, Murray Brozinsky, and Derek Gordon. Talix investors joining the Board of Directors include Phil Dur, representing Investor Growth Capital; Richard Harroch, VantagePoint Capital Partners; Kevin Brown, Reed Elsevier Ventures; and Mike Barber, General Electric Equity.

Talix was formed as a wholly owned subsidiary of Healthline Networks in January 2015. The company launched its first SaaS application, Coding InSight, in June 2015 and signed its first customer for the product in July 2015. Since then, the application has seen increasing adoption among both healthcare provider and payer organizations.

Talix will be exhibiting and presenting at the 2016 HIMSS Conference in February and the 2016 RISE Nashville Summit in March, where it will feature product demonstrations and customer success case studies.

About Talix
Talix provides patient risk management solutions to help healthcare organizations address the challenges of value-based healthcare and risk-based contracts. Its SaaS applications leverage patient data analytics to turn structured and unstructured health data into actionable insights that drive improved risk adjustment, better patient outcomes and reduced costs. For more information, please visit http://www.talix.com or follow @TalixHealth on Twitter.

Read the full story at http://www.prweb.com/releases/2016/01/prweb13151182.htm.


'/>"/>
Source: PRWeb
Copyright©2016 Vocus, Inc.
All rights reserved


Related medicine news :

1. Healthline Launches Talix, a New Health Technology Company
2. Roswell Park Cancer Institute Spins Out Transformative New Company – OmniSeq, LLC
3. Verb Spins Out of the University of Texas at Austin
4. National Association of Professional Women Inducts Sharon Scott, President/Independent Clinical Research Associate, Careers in Research, Into its VIP Woman of the Year
5. Next IT Establishes Healthcare Business as Independent Operating Entity
6. Actor/Writer/Director/Psychology Professor Luciana Lagana Receives Three Wins at the 2015 Global Independent Film Awards for the TV Pilot Dr. Luciana on Aging and Falling
7. WorldCare International, Inc. Celebrates Findings of Independent ROI Study
8. NAPW Inducts Jane Simmons, Counseling Intern at Omar Bradley Middle School of the Northeast Independent School District , Into its VIP Woman of the Year Circle
9. National Association of Professional Women Inducts Sandra Cawthon, Independent Director at Nerium International, Into its VIP Professional Woman of the Year Circle
10. Study on Sales Associate Influence Highlights the Need for Independent Diamond Certification, Says Diamond Forever Jewelry
11. CSG Government Solutions Selected by the Department of Vermont Health Access to Provide Quality Assurance and Independent Verification and Validation Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2020)... ... 24, 2020 , ... At Allerio we have chosen to do things differently. ... We knew it had to be portable, it had to be reliable, it had ... work. , We are proud to announce that Allerio has passed all FCC and ...
(Date:6/24/2020)... ... 24, 2020 , ... Skyroam , the developer of patented virtual SIM ... the leading provider of enterprise software for testing laboratories, in which its Skyroam Solis ... Portable Disease Surveillance Lab (PDSL) kit. , “Stopping the spread of COVID-19 is a ...
(Date:6/23/2020)... British Columbia (PRWEB) , ... June 23, 2020 , ... ... that Dr. Mike Hart has been named as the President of North ... of experience in plant based therapy, including owning and operating his own family medicine ...
(Date:6/23/2020)... , ... June 22, 2020 , ... A June 1 ... face mask. In light of the country slowly opening back up while adjusting to ... products for areas of the face that aren’t covered such as eyelids, lashes, and ...
(Date:6/23/2020)... ... ... Advanced Kiosks , an industry-leading supplier of computer self-service kiosks, has announced ... building access control resulting from the COVID-19 pandemic, Advanced Kiosks is releasing the ... products and services to meet the demands of their customers. Already in 2020 they ...
Breaking Medicine News(10 mins):
(Date:6/24/2020)... ... ... The R3 Comprehensive Stem Cell Training Courses have been scheduled for August 2020 ... on approach to learning techniques for stem cell procedures with real patients. Each course ... enroll remotely. , The comprehensive stem cell training course for San Diego ...
(Date:6/23/2020)... ... June 23, 2020 , ... ... how the company’s technology can be used to test an in vitro human ... was part of a collaboration between Draper and the University ...
(Date:6/19/2020)... KANSAS CITY, Mo. (PRWEB) , ... June 19, 2020 , ... ... health and end hunger in individuals diagnosed with food allergies and celiac disease announced ... & Food Allergy. , This webinar is scheduled for Friday, June 19, 2020, ...
Breaking Medicine Technology: