‘Not a traditional startup’: How Providence’s Advata is getting a head start on tackling healthcare inefficiencies
MedCity News June 22, 2022
Providence spun out Advata two weeks ago, and the startup, which has 30 customers and 150 employees, sells a suite of insights-focused data software products designed to improve population health and revenue cycle management.
Healthcare has a surplus of data and a scarcity of actionable insights derived from that data, according to Advata CEO Julie Rezek. Her company is seeking to close that gap and reduce operational inefficiencies in healthcare by selling insights-based software to payers and providers.
Launched two weeks ago, Advata is a data analytics spin-off from Providence, a health system in Renton, Washington. The startup was formed from the integration of six software companies housed within by Tegria, which is Providence’s portfolio of health technology firms as...