Olive

Healthcare IP is a company based in Edmond, Oklahoma, that specializes in providing integrated revenue cycle solutions to hospitals, large health systems, and academic medical centers. The company focuses on HIPAA-compliant transaction processing and offers a range of management services, including claims processing, contract management, denial resolution, and remittance services. Additionally, Healthcare IP provides claim status and analytics support, as well as patient access solutions, enabling healthcare organizations to enhance their claims functionality while maintaining low costs and high value.

Empiric Health, Inc. is a technology-enabled service platform based in Salt Lake City, Utah, dedicated to enhancing clinical outcomes and operational efficiency for healthcare systems. Founded in 2017 and operating as a subsidiary of Oxeon Partners LLC, the company utilizes proprietary comparative analytics and workflow optimization tools to identify and reduce unwarranted clinical variation. This data-driven approach enables healthcare providers to implement evidence-based care decisions, ultimately lowering costs and improving patient outcomes. By focusing on high-value episodic care, Empiric Health supports clinicians in understanding and optimizing their practice patterns for better performance in healthcare delivery.

Verata Health, now part of Olive, was established in 2017 and is headquartered in Bloomington, Minnesota, with additional offices in Minneapolis, Boston, and Orlando. The company specializes in developing artificial intelligence-based software solutions aimed at improving the prior authorization process for healthcare providers and payers. Its platform synthesizes clinical documentation and medical necessity rules to provide real-time decision recommendations, thereby streamlining manual tasks and enhancing efficiency. By removing barriers associated with prior authorization, Verata Health's technology enables healthcare providers, private practices, and pharmacies to take control of their revenue cycles, reduce write-offs, and ensure that patients receive timely care. The company has gained trust from health systems and providers across the country for its innovative approach to modernizing the healthcare authorization process.