Portland, Maine-based iVantage Health Analytics, which serves hospitals of all sizes, has acquired Xylem Consulting LLC to boost its advisory services to hospitals and ancillary providers. Terms of the deal were not disclosed.
Nashville-based Xylem specializes in managed care contract analysis and negotiations, and strategy development including migrating to accountable care organizations, bundled payment and other new risk-based treatment and reimbursement models.
Having Xylem on board complements iVantage’s October 2013 acquisition of Los Angeles-based Professional Data Services, an analytics firm that supports payer contract negotiations and payer compliance with their own terms, as well as strategic planning.
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