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Availity

Availity

Availity is an American healthcare technology services company.

Availity
IndustryHealthcare Information technology
Founded2001
FounderHumana and Blue Cross and Blue Shield of Florida
HeadquartersJacksonville
Area served
United States
WebsiteOfficial website

History

Availity was founded in 2001 by Humana and Blue Cross and Blue Shield of Florida, in the city of Jacksonville. Other owner health plans included Health Care Service Corp., Anthem, and Blue Cross Blue Shield of Minnesota. It reached one million transactions during 2002 and then a hundred million transactions by 2005. Availity has clients in each of the fifty US states. Julie Klapstein was recruited by the founding companies to build the organization, and she served as the company's first CEO throughout the 2000s. [1] [2] In 2011, Russ Thomas succeeded Julie Klapstein as CEO of the company, after serving as president and COO. [1] Around this time changes to Federal health care laws in the US created an upsurge in clients for the company’s exchange system. [3] By 2014 the company had about 700 employees. [4] In November 2015, the Availity network included about 900,000 physicians and healthcare providers, including about 2,700 hospitals. [5]

Services

Availity was described by Information Week as “an electronic clearinghouse that specializes in Web-based, real-time healthcare transactions,” focusing on information exchanges between healthcare providers, insurers, and other parties.

Providers use the Availity Web Portal free of charge, while insurers pay per transaction.

[1] [6] Based entirely on the Internet, the goal of the service is to lower the amount of paperwork needed by physicians and increase the efficiency of the healthcare system. [7] As of 2010, Availity’s network included 200,000 physicians and providers of care, 1,000 hospitals, and 1,300 health plans. [8] The company was also handling about one billion information exchanges between health care providers and insurers per year. [1]

Acquisitions and partnerships

In 2010, the company acquired revenue cycle management company RealMed. [8] In 2014, Availity partnered with emids Technology, in addition to completing the acquisition of RevPoint. [9]

References

[1]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-termsfor further details.Images/media credited individually (click the icon for details).
Aug 4, 2016, 4:01 AM
[2]
Citation Linkbizjournals.com"Availity rides high on electronic health record boom"
Aug 4, 2016, 4:01 AM
[3]
Citation Linkjaxdailyrecord.com"Availity: from scratch to 300 employees and 700 million transactions"
Aug 4, 2016, 4:01 AM
[4]
Citation Linkjaxdailyrecord.com"Availity provides patient information just a click away"
Aug 4, 2016, 4:01 AM
[5]
Citation Linkblogs.wsj.com"As Facebook Goes Parabolic, Social Media Adoption at Work Is Slower Affair"
Aug 4, 2016, 4:01 AM
[6]
Citation Linkbizjournals.com"Health care leaders: collaboration will push innovation in Jacksonville"
Aug 4, 2016, 4:01 AM
[7]
Citation Linkinformationweek.com"Availity, MEDecision Team To Deliver Admission, Discharge Alerts"
Aug 4, 2016, 4:01 AM
[8]
Citation Linkbooks.google.ca"Negotiation: Closing Deals, Settling Disputes, and Making Team Decisions"
Aug 4, 2016, 4:01 AM
[9]
Citation Linkbizjournals.com"Availity LLC acquires RealMed"
Aug 4, 2016, 4:01 AM
[10]
Citation Linknashvillepost.com"New emids, Availity tech center nears completion - Nashville Post"
Aug 4, 2016, 4:01 AM