Nationsbenefits Acquires Health Data Decisions To Strengthen Leadership In Fintech And Healthcare Solutions

PLANTATION, Fla.--(BUSINESS WIRE)--NationsBenefits, a leading fintech, benefits, and outcomes platform for healthcare, has announced the acquisition of Health Data Decisions (HDD), a prominent healthcare data analytics and technology company specializing in gap closure, artificial intelligence (AI), and predictive analytics.

This strategic acquisition positions NationsBenefits as the only vertically integrated platform that combines fintech, healthcare, and outcomes seamlessly. With over 100 health plans relying on its innovative solutions, NationsBenefits has established itself as one of the fastest-growing companies in the country. The company's proprietary healthcare flex card technology, along with a comprehensive suite of supplemental benefits, enables health plans and their members to access essential services easily.

Integrating Health Data Decisions will enhance NationsBenefits' member engagement platform by merging its robust fintech infrastructure with HDD's industry-leading analytics and AI-driven methodologies. Together, they will deliver unparalleled capabilities in gap closure and health plan outcomes, ultimately improving member experiences and health results.

Founded in 2015 by Glenn Parker, M.D., NationsBenefits has consistently prioritized the fusion of modern technology with personalized service. “This acquisition demonstrates to our clients and their members our deep commitment to becoming a full member engagement platform for healthcare. We know that we have the privilege of interacting with the members of our health plan customers throughout their healthcare journey, and our ability to support the member and guide them toward the next best action is immediately bolstered through the capabilities Health Data Decisions brings to us,” said Dr. Parker.

Integrating supplemental benefits into the lives and health of members has always been at the core of the NationsBenefits vision. “We know how critical supplemental benefits have become in people’s lives. In many cases, members rely on these benefits for their most important health needs, such as food, transportation, and hearing aids,” said Michael Parker, COO of NationsBenefits. “It is more important than ever for health plans and their partners to bring valuable solutions to members that drive better outcomes. HDD brings NationsBenefits the ability to enrich the information health plans have with areas of potential unmet needs including social determinants of health (SDOH) and provide the necessary support and resources for members, ultimately allowing better care to be delivered,” Parker said.

“We could not be more excited to join the NationsBenefits family at this important time in healthcare,” said Michael Blumental, Founder and CEO of Health Data Decisions. “NationsBenefits is the only platform where we can have the type of impact we dreamed of when I founded HDD over fifteen years ago. The opportunity to leverage deep healthcare analytics and a platform for healthcare to improve the lives of millions of Americans is something we are deeply motivated by, and this gives us the chance to do this at scale.”

About NationsBenefits®

NationsBenefits® is a leading provider of supplemental benefits, fintech solutions, and outcomes for the healthcare industry. Partnering with managed care organizations, NationsBenefits delivers innovative healthcare solutions, data analytics for gap closure, and fintech services designed to drive growth, reduce costs, and enhance member satisfaction. By leveraging cutting-edge technology and strategic retailer partnerships, NationsBenefits enables health plans to offer impactful supplemental benefits that optimize member experiences and promote immediate health outcomes. To learn more, visit NationsBenefits.com.

About Health Data Decisions

Health Data Decisions is a premier data analytics and healthcare consultancy organization. HDD provides products and services that empower payers and vendors to utilize their data to enhance healthcare quality and improve health plan member experiences. HDD closes gaps and predicts future clinical and financial performance through advanced analytics.

Contacts

Raquel Lozano, raquel.lozano@nationsbenefits.com

First published on Wed, Sep 11, 2024

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