RemitDATA Drives Mission to Enhance Strategic Alignment with Payer Market
Company initiatives to bolster 360-degree comparative data solutions; enhance benefits to payer market
PLANO, Texas, June 2, 2015 /PRNewswire/ -- RemitDATA Inc., a pioneer of comparative data analytics technology that brings 360-degree data transparency to the healthcare industry, today announced new strategic steps to further strengthen its position as a solutions provider in the payer market.
In support of this vision, Michael Sanderson, president and co-founder of RemitDATA, will transition from his day-to-day involvement and responsibilities to become CEO of Health Data Analytics (HDA), a SaaS-based company focused on the advancement of statistical data models that support the self-insured employer market.
"After 13 years with RemitDATA delivering transparency to the healthcare industry, we have worked very hard to bridge the communications gap between providers and payers," said Sanderson. "Both HDA and RemitDATA are in an exciting space and share a common goal. I am excited to watch both businesses work in tandem to accelerate this transparency mission."
Sanderson will remain a member of RemitDATA's Board of Directors and a shareholder.
"Michael has been instrumental in the success of RemitDATA and he is a respected member of the team. His willingness to launch this new employer-facing opportunity is a testament to his ongoing dedication to deliver much needed transparency to the healthcare industry," said Dave Ellett, CEO of RemitDATA. "There is still so much disparity in the cost of care across the healthcare industry. Our drive to enhance payer solutions is part of a larger mission to bridge the communications gap between all healthcare entities via 360-degree data transparency."
This strategic move enables RemitDATA to redefine roles within the company to focus on building a stronger network with payer entities and gain a deeper understanding of the payer market.
Additionally, Brad Hill will step up to Chief Revenue Officer, assuming full responsibility of business development and partner efforts. Hill joined RemitDATA in March 2015 and has since hit the ground running. Hill plans to bolster dedication to the payer market by adding strategic business development resources.
The RemitDATA board will also appoint Patrick Kennedy, partner at PJ Consulting, Inc., to the RemitDATA Board of Directors. As a subject matter expert in the payer market, Kennedy will be an advocate of the payer market as RemitDATA expands its payer-focused solutions.
RemitDATA will attend America's Health Insurance Plans (AHIP) Institute event on June 3-5 in Nashville, Tennessee, as part of its overall expansion into the payer market. To schedule a meeting with RemitDATA – or to meet at AHIP - contact us at [email protected]
About RemitDATA
RemitDATA is a healthcare technology company that delivers healthcare's most comprehensive comparative data and analytics platform. Founded in 2000, the Memphis, Tennessee and Plano, Texas-based business strives to bring collaboration and 360-degree data transparency to all entities within the healthcare industry by delivering a range of system agnostic, comparative analytics solutions. Through the use of Application Program Interfaces (API), benchmarking and peer comparison tools, payers, providers and other healthcare companies will gain actionable insights to better understand their business and improve operations so they can focus on what really matters to them. For more information, visit www.remitdata.com.
Media contact:
Emma Ludwin - KNB Communications - 203-504-8230, ext. 107 - [email protected]
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SOURCE RemitDATA Inc.
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