Advances Strategy to be the Leading End-to-End, Secure, Intelligent Data Management Company

Alpharetta, Ga., Nov. 20, 2024 – Verisma, a leading provider of intelligent health data management solutions, announces today the company is acquiring Olah Healthcare Technology. Olah’s Enterprise Archiving Solution (EAS) seamlessly integrates with electronic health records (EHR), offering secure and efficient ways to retire, archive and access legacy data. Together, the companies will empower healthcare providers with a scalable, interoperable and trusted platform safeguarding patient information, enhancing regulatory compliance, and optimizing data accessibility and security.

“Olah is thrilled to join Verisma,” says Chad Hill, CEO at Olah joining as SVP of Data Archiving at Verisma. “We’re eager to further invest in our EAS capabilities to continue to simplify the archiving process while leveraging Verisma’s expertise to improve data management. We look forward to driving efficiency gains, saving providers money, and reducing IT frustration – allowing the focus to remain on patient care.”

Verisma, honored for the fifth consecutive year as the top release of information (ROI) and audit management provider in Black Book’s 2024 client survey, has been a trusted partner in patient privacy and data management for over 22 years – now supporting 20,000 healthcare facilities nationwide. With this extensive experience, Verisma has unique perspective on data usage and is well-equipped to integrate archiving into a comprehensive data management solution built on the promise to protect truth and accuracy.

At the time of publication, the Data Archiving 2024 report by KLAS Research rated Olah the highest company among KLAS segments in their market – highlighting the organization’s strengths in flexibility, interoperability, and strong customer support. Black Book’s 2023 and 2024 user surveys also recognized Olah as a top-performing vendor driving the industry forward in Enterprise Data Archiving and Migration.

“Acquiring Olah furthers Verisma’s vision to be the market leader in data management across the healthcare continuum,” says Marty McKenna, President and CEO at Verisma. “Millions of patient records are accessed and delivered between systems and non-healthcare third parties every day – creating the need for health systems to partner with a technology vendor to manage this process in a private, secure and compliant manner. Providers require a trusted solution, and we’re a one-stop shop delivering the complete picture – helping manage accurate patient data across multiple sources flowing into, and out of, systems reliably.”

ABOUT OLAH

Olah makes it easy for healthcare systems and hospitals to let go of old applications without letting go of the critical information inside them. Olah’s modern enterprise archiving solution (EAS™) can move just one or all critical legacy systems at once using lift-and-shift technology that preserves data integrity and vital access. Olah’s solution works for any system, from EMRs to business systems, patient records to finance. For more information, please visit www.olahht.com.

ABOUT VERISMA

Verisma’s leading technology and solutions empower healthcare providers to streamline the exchange of protected health information that facilitates value-based care programs, bridges gaps in care coordination, and supports legal proceedings. Our HITRUST®-certified technology enhances interoperability to deliver cutting-edge release of information (ROI) and care coordination solutions (CCS) that adhere to the highest standards in data security and patient protection. For more information, visit www.verisma.com.

CONTACT

Amanda Ingalls
aingalls@verisma.com

An ad hoc Q3 survey focused on the patient perspective of ROI satisfaction comprised of 1,220 healthcare consumers – including 445 health plan members and 775 provider patients – further emphasized the importance of consumer satisfaction in shaping the development of ROI solutions. Patients now expect greater transparency, speed and security when accessing their health information. “Verisma’s solutions have been designed with these expectations in mind, offering user-friendly interfaces, timely information processing, and the highest levels of data security to meet patients’ needs,” added Brown.

Key features of ROI solutions users rated highest across the field of 20 solutions providers include:

• User-Friendly Interfaces: Verisma’s intuitive design rated #1 for patients to retrieve their records, improving satisfaction by simplifying access to vital information.
• Timeliness of Information: Accelerated release of patient information, reducing delays and improving the overall patient experience by ensuring timely delivery of requested records, another key performance indicator Verisma rated top among competitors and demanded 99 percent of surveyed providers, payers and patients collectively.
• Transparency and Trust: Clear communication, informing patients what data is being shared and why, fostering trust and improving satisfaction – including vendor accountability and ethics.
• Data Security and Privacy: With patient concerns about health data security on the rise, ROI solutions’ robust encryption and compliance with HIPAA regulations provide peace of mind, enhancing patient confidence and engagement.
• Seamless EHR Integration: ROI solutions must seamlessly integrate with major EHR systems, ensuring accuracy and completeness of shared information, directly impacting patient satisfaction.

Verisma achieved the highest client experience ratings in 12 out of 18 ROI-centric performance indicators, particularly standing out for its seamless integration with EHR systems, cybersecurity, usability, and its robust management of the protection of patient data.

According to 97 percent of surveyed clients, Verisma’s ROI solutions significantly enhanced patient experience by expediting the release of information. Faster and more accurate access to health records was directly linked to higher patient satisfaction, demonstrating the critical role ROI technology plays in improving patient engagement.

“While ROI solutions bring numerous advantages, their success relies on aligning with organizational policies, regulatory requirements, and thorough user training to ensure maximum efficiency and compliance,” Brown added. “Verisma’s continued leadership in the industry reflects its unwavering commitment to advancing patient-centric solutions balancing operational needs with the highest standards of care and security.”

ABOUT VERISMA

Verisma’s leading technology and solutions empower healthcare providers to streamline the exchange of protected health information that facilitates value-based care programs, bridges gaps in care coordination, and supports legal proceedings. Our HITRUST®-certified technology enhances interoperability to deliver cutting-edge release of information (ROI) and care coordination solutions (CCS) that adhere to the highest standards in data security and patient protection. For more information, visit www.verisma.com.

ABOUT BLACK BOOK

Black Book Research does not engage in any contractual, bartering, or direct service agreements with firms mentioned in its rankings. It reports satisfaction and client experience results publicly before notifying vendors and does not charge participation, review, or consultation fees. Neither Black Book™, its founder, nor its staff hold financial interests in any vendors surveyed. Since 2000, Black Book™ has polled satisfaction in over 30 industries globally and, since 2009, has focused on healthcare software and services, validated the opinions of nearly three million technology users and the performance history of four thousand vendors across various healthcare sectors.

Source: Black Book Research

ABOUT BLACK BOOK MARKET RESEARCH

Black Book Market Research LLC, provides healthcare IT users, media, investors, analysts, quality minded vendors, prospective software system buyers, and pharmaceutical manufacturers with client experience competitive analysis and purchasing trends.

http://www.blackbookmarketresearch.com | Media Room

COMPANY ADDRESS

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CFO, SVP of Corporate Development, SVP of Sales, VP of Research & Development,
VP of Health Plan Performance, and General Counsel Join Company to Drive Organizational Excellence

Alpharetta, Ga., Sep. 4, 2024 – Verisma, a leading provider of health information (HI) solutions, announces today the addition of six highly accomplished executives to its leadership team. The company welcomes Mitch Abeln as Chief Financial Officer, Matt Plevelich as SVP of Corporate Development, Jenna Grange as SVP of Sales, Mike McAfee as VP of Research & Development, Jeannie Hennum as VP of Health Plan Performance, and Becca Mix as General Counsel. The strategic appointments are indicative of Verisma’s commitment to sustained growth and organizational excellence.

Verisma has consistently positioned itself at the forefront of the healthcare industry, providing innovative technology and solutions streamlining the exchange of protected medical information facilitating value-based care, bridging gaps in care coordination, and supporting legal proceedings. As the company prepares for the next phase of expansion with innovative release of information (ROI), care coordination solutions (CCS), and audit management at health facilities nationwide, these new leaders bring extensive expertise and a shared vision to drive strategies aligning with company goals.

Mitch Abeln is Verisma’s CFO, bringing 15+ years of experience across multiple industries focusing on healthcare, logistics and energy. Previously, Mr. Abeln was CFO at Transworld Systems Inc. (TSI) after he led financial planning and analysis (FP&A) at Verisma, merging ScanSTAT and Verisma into a single entity.

Matt Plevelich further expands customer offerings as SVP of Corporate Development. Mr. Plevelich spent his career at NewSpring Capital, starting as an intern and rising to Principal in Healthcare Strategy. He also serves on the Board of Gaudenzia, the largest nonprofit provider of substance use disorder (SUD) treatment in the Mid-Atlantic.

Jenna Grange sets sales strategy, drives revenue growth, and ensures customer satisfaction as SVP of Sales. Most recently she was SVP of Sales at Revecore. Prior to that Ms. Grange was VP of Sales at Experian Health. She has also held positions at several other healthcare IT (HIT) organizations and has a proven track record of building sales teams and growing topline revenue.

Mike McAfee leads Verisma’s R&D team as VP of Research and Development, after working for the company as a consultant. Mr. McAfee has 25+ years of healthcare IT experience, dedicating his career to advancing targeted outcomes clinically and financially – applying interoperability practices to departmental systems and population health & consumer platforms as VP of Product at Teladoc, AVP of Population Health & Interoperability at Allscripts, and Director of Technical Solutions at dbMotion.

Jeannie Hennum runs Verisma’s Health Plan Performance as VP, supporting value-based care initiatives. She has 25+ years of experience focused on payers and providers in medical record retrieval, ROI, risk adjustment, quality measures, and claims adjudication. Prior to joining Verisma, Ms. Hennum was a VP at Optum, the CEO of ChartFast, and an SVP at CIOX (now Datavant).

Becca Mix heads Verisma’s legal team as General Counsel – delivering policies meeting healthcare regulatory compliance, streamlining operations, and driving cost savings as well as her contract management and negotiation skills. Ms. Mix previously led various legal activities at Blue Cross Blue Shield of Louisiana, DentaQuest, and Dana-Farber Cancer Institute.

The executives will work closely with Verisma President and CEO Marty McKenna and the rest of the leadership team to drive the company’s strategic growth objectives. Their combined expertise will bolster financial performance, optimize operations, and cultivate a thriving workforce – positioning Verisma for continued success in the evolving healthcare landscape.

“I’m thrilled our leadership team and all Verisma employees are focused on our ambitious growth trajectory as we serve healthcare providers and advance patient care,” says Marty McKenna, President and CEO at Verisma. “Leveraging our core resources, we’ll propel the company forward and enhance our position as a health information industry leader for better medical outcomes.”

ABOUT VERISMA

Verisma’s leading technology and solutions empower healthcare providers to streamline the exchange of protected health information that facilitates value-based care programs, bridges gaps in care coordination, and supports legal proceedings. Our HITRUST®-certified technology enhances interoperability to deliver cutting-edge release of information (ROI) and care coordination solutions (CCS) that adhere to the highest standards in data security and patient protection. For more information, visit www.verisma.com.

Press contact information:
Amanda Ingalls
Verisma
949-241-1515
aingalls@verisma.com