NEW YORK--(BUSINESS WIRE)--

Datavant, the data collaboration platform trusted for healthcare, today announced the successful completion of its acquisition of DigitalOwl, a pioneer in AI-driven medical data analysis.

"Our customers do not need or want an entire medical chart to answer a specific question or solve a business problem,” said Kyle Armbrester, CEO of Datavant. “DigitalOwl built technology for de-duping, summarizing and bringing more structure to medical data so that legal and insurance customers have timely and accurate information to support claims and compliance.”

With the acquisition of DigitalOwl, combined with Ontellus’ health records retrieval and claims intelligence capabilities, Datavant is well-positioned to deliver an end-to-end platform for legal and insurance professionals that spans managed retrieval, automated summaries, chronology and de-duplication, and AI-enabled predictive analytics.

“We will leverage our complementary capabilities to not only transform the way data is being leveraged by legal and insurance professionals, but also to unlock the value of data for all of our customers over time,” Armbrester added.

About Datavant

Datavant is the data collaboration platform trusted for healthcare. With a mission to make the world’s health data secure, accessible, and actionable, Datavant works with payers, providers, life sciences, legal and insurance clients globally to accelerate insights. Datavant enables more than 60 million healthcare records to move between thousands of organizations across the healthcare ecosystem, more than 80,000 hospitals and clinics, 75% of the 100 largest health systems, and 350+ real-world data partners. Datavant has office locations in Boston, New York and San Diego, with international offices in Barcelona and Galway. To learn more about Datavant, visit datavant.com and follow us on LinkedIn.

About DigitalOwl

DigitalOwl is the leading InsurTech platform empowering insurance and legal professionals to transform complex medical data into actionable insights. With DigitalOwl’s platform, insurance and legal professionals can more efficiently assess risk and make more informed decisions with greater confidence. For more information about DigitalOwl, visit www.digitalowl.com and follow DigitalOwl on LinkedIn.

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Source: Datavant