The combined company, based in Sandy, Utah and Paris, Maine, will be focused on offering software and consulting services generally limited to large healthcare systems to providers ranging from large ACOs to independent practices.
Medicare quality reporting company Mingle Analytics and care management software firm SilverVue have merged to become Mingle Health, a consulting firm and technology vendor dedicated to helping accelerate healthcare organizations’ transition to value-based care.
The combined company, based in Sandy, Utah and Paris, Maine, will be focused on offering software and consulting services generally limited to large healthcare systems to providers ranging from ACOs to independent practices.
Daniel Mingle, the founder and CEO of Mingle Analytics will move to the role of executive chairman of the new company, while SilverVue CEO and Founder Will West will serve as Mingle Health’s new chief executive.
The company’s platform aims to streamline much of administrative overhead associated with new quality reporting and care coordination requirements.
The idea is to give customers an easier way to navigate the increasingly complex regulatory system while still being able to lower costs and increase revenue through better analytics of more pertinent metrics, but also features like patient management, assessments, and eligibility verification tools for preventive services, disease management, transitional care planning, and long-term care.
“Every practice feels like they’re wading through a morass of regulatory paperwork that’s making it hard to do what they’re really there to do, which is to just take care of patients,” Mingle Health CEO Will West said in a statement.
“Somebody has to help them make sense of it all. The Mingle Health platform is not just analytics tools and software; it’s expertise and consulting that make it easier for practices to navigate the ever-changing regulatory environment, so they can focus on taking care of their patients.
Some of the capabilities promised by the company include simplified dashboards to help keep track of value-based care analytics and MIPS quality measures, cloud-based preventive care tools and increased capability to manage post-acute care referrals and planning.
The company also touted a combination of software and in-person coaching and support as central to their approach to help providers.
“The experienced Mingle Health consultants provide one-on-one support that takes the worry out of the changing regulatory environment and helps make sure the practice is positioned to maximize its compliance and scores for better care and higher reimbursements,” Dan Mingle, the executive chairman of Mingle Health said in a statement.
Of course with the large scale transformation happening across healthcare, Mingle Health isn’t the only company in space trying to help providers adjust to the new business paradigm. Competitors include companies like Miami, Florida-based startup CareCloud, Irvine, California-based NextGen Healthcare and New York’s CipherHealth.
Somewhat ironically, the administrative burden that Mingle Health has set out to solve has led to a trend of consolidation among healthcare providers and practices, leaving fewer customers for Health IT vendors.
One potential response as seen by the decision by SilverVue and Mingle Analytics to combine forces is to also consolidate in order to offer a wider array of services and land bigger fish clients.