Please note that assistive links (commonly known as "skip to links") are used throughout this site. These links are not well-supported by some mobile devices. If you are encountering difficulty using these links, please navigate around these links, or access the site on a desktop browser.
Skip to the primary content of this page Skip to the footer of this page
Provident Healthcare Partners Provident Healthcare Partners

Q3 2024 Payor Services Update

Provident Healthcare Partners
Skip to the end of the Expertise Menu

Q3 2024 Payor Services Update

M&A activity in the payor services sector remained consistent with the prior quarter, with two platform and one add-on acquisition. Companies are increasingly focusing on digital transformation to enhance operational efficiency. Recent transactions underscore how firms are aligning their strategies to leverage digital tools, including Medlogix’s acquisition of ReviewWorks, which expands their capabilities in medical claims management, and Surescripts’ partnership with TPG, aimed at enhancing health information solutions.

Investments in automation and AI, such as automated prior authorization, AI chatbots, and targeted member messaging, are crucial for improving member experience and streamlining processes. As the sector evolves, Provident expects continued consolidation and growth driven by these technological advancements.

To print and download the full Payor Services Update report, please click below…

[holo_button icon=”/wp-content/uploads/2024/04/Q3-2024-Payor-Services-Newsletter_vP.pdf”” color=”#003561″ target=”blank”]PRINT/DOWNLOAD[/holo_button]