McKesson Corp. will acquire data analytics firm MedVentive, which specializes in risk and population management queries, for an undisclosed sum.

The deal is part of McKesson’s Better Health 2020 strategy that calls for investing $1 billion to develop products to improve clients’ patient safety and clinical/financial outcomes, and enable better care coordination in an era of increased risk and bundled payments. A core piece of the strategy is phasing out the Horizon Enterprise Revenue Management product and investing in the Paragon clinical/financial hospital information system as the “go-forward” product for hospitals of all sizes.

Waltham, Mass.-based MedVentive brings to McKesson analytics capabilities to enable providers and insurers to better understand the quality, cost and efficiency of care delivered through accountable care organizations and other new treatment and payment models. As part of the new strategy, McKesson in early 2012 bought peerVue Inc., a vendor of radiology workflow management software.

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