Olive

Healthcare IP, based in Edmond, Oklahoma, delivers comprehensive revenue cycle solutions to hospitals, large health systems, and academic medical centers. The company specializes in fully integrated HIPAA transaction processing, offering management services that encompass claims, contract oversight, denial resolution, and remittance. Additionally, Healthcare IP provides analytics and patient access solutions, enabling healthcare organizations to enhance their claims functionality while maintaining low costs and high value. Through its tailored approach, the company supports clients in optimizing their operational efficiency and financial performance within the complex healthcare landscape.

Empiric Health, Inc. is a technology-enabled service platform based in Salt Lake City, Utah, that was founded in 2017. The company focuses on improving clinical outcomes and operational efficiency for health systems by employing data-driven methodologies to facilitate physician practice change. Utilizing proprietary comparative analytics and workflow optimization tools, Empiric Health identifies areas of unwarranted clinical variation, allowing healthcare providers to make evidence-based decisions. This approach not only aims to lower costs but also enhances the quality of episodic care, ultimately supporting care providers in delivering high-value healthcare services. Empiric Health operates as a subsidiary of Oxeon Partners LLC.

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.