If you haven’t already heard the exciting news, Healthify is now part of WellSky.
WellSky is leading the movement for intelligent, coordinated care worldwide. The technology company provides software, analytics, and services to connect organizations from across the care continuum to better serve their communities.
This strategic acquisition, announced on July 29th, will help Healthify fulfill our longstanding mission of building a world where no one's health is hindered by their need. Working with WellSky and its strategic partners, we aim to align payers, providers, and community organizations across the country to better address socioeconomic needs.
Why this matters
As healthcare continues the shift to value-based models of care, payers and providers are investing in capabilities that enable stakeholders to drive better outcomes, improve patient satisfaction, and increase savings.
WellSky enables value-based care at scale by providing seamless coordination between providers, community-based organizations, and payers. With the addition of Healthify, WellSky clients will have the ability to address social determinants of health more effectively across the care continuum to improve outcomes and remove social barriers to health.
Health plans, hospitals, clinics, and providers will be able to better identify social needs, locate the most appropriate services, and coordinate care with WellSky’s network of more than 11,000 acute, post-acute, and community care providers, including 300+ Area Agencies on Aging (AAAs), 250 Continuums of Care (CoCs), and 100 I&R/A providers.
“Together, we create a unique and powerful combination by offering one of the largest social services networks in the country; a market-defining solution set that brings healthcare and community services together; and the ability to scale social service reimbursement across the nation as we address long-term recovery from the pandemic,” said Healthify Co-founder and CEO Manik Bhat, now the Vice President of SDoH Operations & Sales at WellSky.
Bhat’s unwavering dedication to the Healthify mission has been a driving force since the company’s inception and will, no doubt, continue to influence the future of social care.
What this means for you
Healthify has worked tirelessly to bridge the divide between the healthcare and social services systems, and we are thrilled to continue the journey of creating a more integrated, patient-first ecosystem.
We will continue to work alongside our partners to build services and networks that meet the needs of low-income, high-risk, and vulnerable populations. Our team, full of visionaries, creatives, engineers, social workers, and mission-driven staff, is dedicated to working with healthcare and community-based organizations to change the future of social care and is thrilled to join WellSky’s team of experts and visionary leaders.
Bill Miller, CEO of WellSky, said, “We have a longstanding commitment to investing in care coordination and whole-person care. By leveraging Healthify’s networks of community-based organizations and its interoperable closed-loop referral platform, payers and providers can effectively coordinate care to close gaps, improve outcomes, and promote health equity.”
Over time, with Healthify and WellSky’s combined robust data and analytics capabilities, our clients and their network partners will have the ability to track SDoH trends across their communities and measure the impact of social care interventions on health system utilization and costs.