Becker's Healthcare August 19, 2022
Naomi Diaz

Advata, the data analytics spin-off from Renton, Wash.-based Providence is looking to close the gap and reduce operational inefficiencies in healthcare by selling insights-focused data software products to payers and providers.

The spinoff, launched June 8, combines six software companies housed within Tegria, Providence’s portfolio of health technology firms.

As the company looks to establish itself, Becker’s spoke to Wasif Rasheed, executive vice president and chief revenue and growth officer at Providence about how the standalone operating subsidiary came to be and how it differs from other startups.

Not your ‘regular’ healthcare startup

Advata enters the market with a head start because it inherits the six legacy companies’ existing customers and revenue bases, said Mr. Rasheed.

The combination...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Health System / Hospital, Provider, RCM (Revenue Cycle Mgmt), Technology
R1 RCM goes private
Nine in Ten Integrated Health Systems’ Outpatient Services Losing Revenue Due to Flawed RCM Systems: Deficiencies Erode Ancillaries’ Financial Performance, Reports Black Book
Rev Cycle Tech ROI Is Serious Business
Exchange Wrapup: Rev Cycle Tech ROI is Serious Business
Accelerating Demand for Specialized RCM Solutions in Outpatient and Ancillary Services Set to Surge in 2025, Reports Black Book Research

Share This Article