NASHVILLE, December 21, 2020 – Emids, a leader in digital engineering and transformation solutions to the healthcare industry, today announced the appointment of Sriraman Nagarajan as President of its Life Sciences business unit.

Nagarajan brings more than 28 years of industry experience, the past 18 of which have been in the life sciences practice at Cognizant, which he helped grow into the industry’s second largest practice. In 2019, Nagarajan received the Cognizant CEO award for his stellar contributions driving growth for the life sciences business and was named to the PharmaVOICE 100 Most Inspiring People in the category of Driving Technology Transformation.

Nagarajan said it was Emids’ entrepreneurial spirit, laser focus on customer success and deep healthcare specialization that attracted him to the role.

“I have always been passionate about life sciences because there’s a sense of purpose in the work, and I’m excited to be able to continue my journey with a company that understands the value, the promise and the role of data and emerging technologies in driving the convergence of life sciences and healthcare,” Nagarajan said. “Our job is to create value in everything we do, to keep the patient at the center and to drive the organization to deliver outcomes.”

About Emids

Emids is a leading provider of digital transformation solutions to the healthcare industry, serving payers, providers, life sciences, and technology firms. Headquartered in Nashville, Emids helps bridge critical gaps in providing accessible, affordable, and high-quality healthcare by providing digital transformation services, custom application development, data engineering, business intelligence solutions, and specialized consulting services to all parts of the healthcare ecosystem. With over 2,200 professionals globally, Emids leverages strong domain expertise in healthcare-specific platforms, regulations, and standards to provide tailored, cutting-edge solutions and services to its clients. For more information, visit www.emids.com.

NASHVILLE, OCT. 30, 2020 – Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industry, has been recognized by the Nashville Business Journal (NBJ) as a standout performer in one of America’s hottest cities for business, jobs and – most notably – healthcare services. Over the past two months, Emids earned a spot on the following lists:

• NBJ Most Admired CEO: Emids Founder and CEO Saurabh Sinha has been named one of NBJ’s Most Admired CEOs for the fourth consecutive year. Under Sinha’s 20 years of leadership, Emids has become a global leader in digital transformation, serving payers, providers, life sciences and technology firms, with more than 2,200 professionals worldwide.
• NBJ Largest Private Companies in Nashville: Emids was named one of NBJ’s 100 Largest Private Companies responsible for driving Music City’s economy.
• NBJ Fast 50 Honoree: For the fifth consecutive year, Emids has been honored as one of NBJ’s 2020 Fast 50. Announced in August, Emids ranked fourth among Nashville’s fast-growing private companies based on NBJ’s list of the area’s 100 Largest Private Companies.
• NBJ’s 2020 Technology Firms Lists: For the first year, Emids was included on NBJ’s 2020 Technology Firms List ranking in the top 20. Emids is recognized for its number of Nashville-area tech employees.

“We are as committed to Nashville’s success as Nashville is committed to ours, and together, we are the embodiment of what it means to experience partnership. We have exceptional Emidsians helping make this happen, and by staying aligned to our core values – innovation and execution excellence, customer success and people – we’re contributing to Nashville’s growth and preparing for what’s ahead in healthcare.” said Sinha.

These accolades are a positive reflection of Emids’ purposeful growth plan and come on the heels of its acquisition of FlexTech, a strategic equity investment earlier this year from the Blue Venture Fund and a majority investment last fall from New Mountain Capital.

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About the Nashville Business Journal

The Nashville Business Journal is a proud member of the Business Journal’s premier media solutions platform that brings readers in-depth, local business news and connects them to people and ideas that help companies grow. As a unique editorial voice for the Nashville business community, they write for – and about – the companies that drive local economies across the country. The Nashville Business Journal is independently operated and owned by American City Business Journals with 41 business publications across the country.

About Emids

Emids is a leading provider of digital transformation solutions to the healthcare industry, serving payers, providers, life sciences and technology firms. Headquartered in Nashville, Emids helps bridge critical gaps in providing accessible, affordable, and high-quality healthcare by providing digital transformation services, custom application development, data engineering, business intelligence solutions, and specialized consulting services to all parts of the healthcare ecosystem. With over 2,200 professionals globally, Emids leverages strong domain expertise in healthcare-specific platforms, regulations, and standards to provide tailored, cutting-edge solutions and services to its clients. For more information, visit www.emids.com. 

NASHVILLE, Aug. 21, 2020 – Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industries, has announced the appointment of Anisha Madan to its executive team as chief financial officer.

With two decades of finance leadership experience, Anisha Madan joins Emids to scale the company’s financial operations and bolster its digital, life sciences and global business strategy. Her appointment comes during a chapter of next-level growth for emids, including two previous strategic equity investments and most recently the acquisition of FlexTech, an information technology consulting company.

“I’m honored to join the team at this pivotal moment in Emids’ journey, especially at a time of significant opportunity for the healthcare and life sciences industry. As Emids accelerates its growth, I know its contributions will make a lasting imprint on the evolving landscape.” Madan said.

Madan specializes in guiding companies through periods of rapid expansion. She joins Emids from Change Healthcare, where she was SVP of finance and led the company’s focus on sales and operations finance culminating in a successful IPO. In addition, serving as interim SVP sales operations leader she drove an enterprise-wide sales transformation, resulting in a culture change oriented toward a growth mindset.

Prior to joining Change Healthcare, Madan spent most of her career in key financial leadership roles with GE Healthcare and GE Transportation. Leading through periods of critical transformation, her experiences included managing strategic planning cycles and serving as a strategic finance partner to cross-functional teams. She also has experience implementing ERP financial systems and integrating acquisitions.

Emids Founder and CEO Saurabh Sinha said: “Anisha has demonstrated superior success in building and leading finance teams with a strategic mindset aimed at purposeful growth. As we embark on our next chapter, she will be vital to leading long-term financial strategy and helping enable digital transformation for our partners across the care continuum.”

Madan earned her Master of Business Administration from Kellogg School of Management, Northwestern University, and has a BA in Economics and Accounting from Illinois Wesleyan University.

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About Emids

Emids is a leading provider of digital transformation solutions to the healthcare industry, serving payers, providers, life sciences and technology firms. Headquartered in Nashville, Emids helps bridge critical gaps in providing accessible, affordable, and high-quality healthcare by providing digital transformation services, custom application development, data engineering, business intelligence solutions, and specialized consulting services to all parts of the healthcare ecosystem. With over 2,200 professionals globally, Emids leverages strong domain expertise in healthcare-specific platforms, regulations, and standards to provide tailored, cutting-edge solutions and services to its clients. For more information, visit www.emids.com. 

NASHVILLE, Tenn. (Aug. 20, 2020) – Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industry, today announced it has acquired FlexTech, an information technology consulting company with deep expertise in leading payer core administration and population health platforms, in a deal that closed late last month. The partnership, driven by heightened urgency for health plans to adopt breakthrough digital-based strategies, enhances Emids’ ability to help its clients accelerate their digital transformation journeys.

“The need for deep domain expertise combined with digital transformation capabilities is vital as our payer and ‘payvider’ clients expand their government-sponsored business lines, and we’re excited to bring our clients the proven payer platform expertise that FlexTech has built over 30+ years, delivering more than 250 core platform implementation programs,” said emids Founder and CEO Saurabh Sinha. 

The FlexTech acquisition will drive expanded channel partnership opportunities for Emids among leading core platform vendors and position Emids as the go-to partner for advancing adoption of new digital business models. FlexTech, a KLAS 2020 category leader in payer IT consulting services, brings a proven and experienced team of 120+ subject matter experts, each with an average 20 years of experience in managed care, core administration and population health platforms, and strong partner relationships with the leading healthcare payer technology vendors.

Craig Pfent, FlexTech founder, president and CEO, said the dramatic market shifts that are being driven by COVID-19, value-based care, consumerism and emerging technology make the merger with Emids a perfect fit to meet managed care’s ever-growing need for new engagement models and market solutions. Pfent said: “Emids has been a superior partner, impressing us with their commitment to quickly yet intimately understanding the payer platform space and catering to its needs, and we’re thrilled to join the team and contribute to its continued growth and success.”

Emids President of Payer and Digital Solutions Praveen Soti noted: “Bringing FlexTech’s depth in core operations and platform expertise together with Emids’ strength in enabling and navigating the digital transformation agenda will help our clients to accelerate their vision to drive innovation and healthcare transformation in the industry.”

About Emids

Emids is a leading provider of digital transformation solutions to the healthcare industry, serving payers, providers, life sciences and technology firms. Headquartered in Nashville, Emids helps bridge critical gaps in providing accessible, affordable, and high-quality healthcare by providing digital transformation services, custom application development, data engineering, business intelligence solutions, and specialized consulting services to all parts of the healthcare ecosystem. With over 2,200 professionals globally, Emids leverages strong domain expertise in healthcare-specific platforms, regulations, and standards to provide tailored, cutting-edge solutions and services to its clients. For more information, visit www.emids.com.

NASHVILLE, Mar. 10, 2020 – Emids, a leader in digital engineering and transformation solutions to the healthcare industry, today announced a strategic equity investment from BlueCross BlueShield Venture Partners (the Blue Venture Fund), further strengthening its position as the preferred partner for digital transformation to healthcare and life sciences firms.

“Part of that plan is broadening our work with health plans, an industry vertical that is under increasing pressure to quickly adopt new strategies that harness the power of digital capabilities and analytics. We look forward to partnering closely with Blues plans and payers more broadly in their digital transformation journeys.” said Sinha.

Emids works with payers, providers, health technology companies and life sciences firms to accelerate the adoption of next-generation digital technologies and manage an increasingly complex data ecosystem to drive high quality, accessible and affordable healthcare. Building on Emids’ partnership with New Mountain Capital in 2019, this newly announced investment from the Blue Venture Fund allows Emids to leverage its category leadership and experience, working with payers to support Blue Cross and Blue Shield companies among the more than thirty BCBS plans that participate in the Blue Venture Fund.

“We intimately understand the value of digital in healthcare and are extremely impressed with the quality and scope of Emids’ solutions,” said Mike Spadafore, Managing Director of Sandbox Industries, the Blue Venture Fund’s exclusive provider of investment management services. “Through its work with individual Blue Cross and Blue Shield companies, and now this investment, Emids is well positioned to be the organization’s preferred partner for digital transformation offerings.”

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About Emids

Emids is a leading provider of digital transformation solutions to the healthcare industry, serving payers, providers, life sciences, and technology firms. Headquartered in Nashville, Emids helps bridge critical gaps in providing accessible, affordable, and high-quality healthcare by providing digital transformation services, custom application development, data engineering, business intelligence solutions, and specialized consulting services to all parts of the healthcare ecosystem. With over 2,200 professionals globally, Emids leverages strong domain expertise in healthcare-specific platforms, regulations, and standards to provide tailored, cutting-edge solutions and services to its clients. For more information, visit www.emids.com. 

About BlueCross BlueShield Venture Partners

BlueCross BlueShield Venture Partners is a corporate venture fund program to which thirty-three BCBS entities have committed over $575 million across three Funds. Blue Venture Fund invests in promising emerging companies of strategic relevance to Blue Cross and Blue Shield companies and provides access to its portfolio to deploy innovation at scale. BlueCross BlueShield Venture Partners is sponsored by the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. For more information, visit www.bcbsvp.com.

NASHVILLE, Nov. 22, 2019 – Emids Founder and CEO Saurabh Sinha has been recognized in the local Nashville community for being named one of Nashville Business Journal’s (NBJ) Most Admired CEOs.

Founded in 1999 and headquartered in Nashville, TN, Emids partners with its clients in their digital transformation journey. Under Sinha’s 20 years of leadership, Emids has grown to partner with health technology companies, payers, providers and life science firms to accelerate the adoption of next-generation digital technologies and manage an increasingly complex data ecosystem to drive high quality, accessible, and affordable healthcare. Most recently, Emids partnered with and received investment from New Mountain Capital, a leading growth-oriented investment firm with over $20 billion in assets under management, setting the stage to accelerate growth.

“I sincerely thank the Nashville Business Journal for this esteemed honor,” says Sinha. “We have an exceptional leadership team at Emids, and it is a pleasure working closely with my leaders to make our customers successful. It is also a privilege to witness Emids’ continued growth in Nashville, and the entire healthcare IT industry.”

Emids was previously selected by NBJ as an honoree for both their 2019 and 2018 Fast 50 Awards, an honor recognizing the fastest growing private companies each year in Middle Tennessee. Sinha has also received individual honors in the Top Leader Category as one of the NBJ’s 2019 Class of Health Care Awards winners and as an EY Entrepreneur of the Year® 2018 Award Finalist in the Southeast region. Gaurav Agarwal, emids CFO, was also selected as a finalist for the NBJ’s 2018 CFO Awards.

NBJ’s 8^th annual Most Admired CEOs and Their Companies Awards event recognized Nashville leaders who continually inspire those around them for the way they lead, conduct business and impact the community. All winners were honored at the NBJ awards dinner on Thursday, Nov. 21, in downtown Nashville. NBJ also profiled the winning CEOs in this special feature.

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About the Nashville Business Journal

The Nashville Business Journal is a proud member of the Business Journal’s premier media solutions platform that brings readers in-depth, local business news and connects them to people and ideas that help companies grow. As a unique editorial voice for the Nashville business community, they write for – and about – the companies that drive local economies across the country. The Nashville Business Journal is independently operated and owned by American City Business Journals with 41 business publications across the country.

About Emids

Emids is a specialist provider of digital solutions and services to the healthcare industry, serving payers, providers, life sciences, and technology firms. Headquartered in Nashville, Emids helps bridge critical gaps in providing accessible, affordable, and high-quality healthcare by providing digital transformation services, custom application development and testing, data engineering, business intelligence solutions, and specialized consulting services to all parts of the healthcare ecosystem. With over 1,800 professionals globally, Emids leverages strong domain expertise in healthcare-specific platforms, regulations, and standards to provide tailored, cutting-edge solutions and services to its clients. For more information, visit www.emids.com.

Leading Investment Firm Well-Positioned to Help Healthcare Digital Solutions Provider Achieve Next Level of Growth

NASHVILLE, Sept. 26, 2019 – Emids, a leader in digital engineering and transformation solutions to the healthcare industry, today announced it has partnered with New Mountain Capital, a leading growth-oriented investment firm with over $20 billion in assets under management. As part of the transaction, Emids management and other select stakeholders will remain invested in the Company, while current investors Baird Capital and Council Capital are exiting. The investment by New Mountain sets the stage for the continued accelerating growth of Emids as the healthcare industry’s preferred partner for digital transformation.

Founded in 1999 and headquartered in Nashville, TN, Emids partners with health technology companies, payers, providers, and life science firms to accelerate the adoption of next-generation digital technologies and manage an increasingly complex data ecosystem to drive high quality, accessible, and affordable healthcare. The Company provides digital transformation, clinical data engineering, custom software development, data analytics and integration, and strategic advisory consulting services nationwide.

“Healthcare, as an industry, is just beginning to tap the true potential of data and advanced technology to improve the care lifecycle experience, and we are thrilled to have such a successful and like-minded investor as New Mountain join us on this next stage of our journey,” said emids founder and CEO Saurabh Sinha. “Baird Capital and Council Capital have been fantastic partners, and we look forward to continuing to build and make growth investments in talent, scale, and intellectual property.”

“Emids is a true leader in digital transformation, clinical data engineering, and data analytics to the healthcare sector,” said Matt Holt, Managing Director and Deputy Head of Private Equity at New Mountain Capital. “This partnership is the result of our continued efforts to identify and back innovative platforms that enable healthcare stakeholders to meet the rapidly changing needs of a digital world.”

“We are thrilled to be partnering with Saurabh and the Emids management team,” said Jack Qian, Managing Director at New Mountain. “We look forward to supporting the Company’s continued growth by identifying both organic and inorganic initiatives to help the Company realize its full potential.”

Baird Capital Partner Jim Pavlik complimented Emids’ unrelenting focus on customer service and quality during its rapid expansion: “We’ve witnessed the Emids commitment to keep its customers front and center. It’s a differentiator and key ingredient in their success.”

“We’re pleased to have been able to successfully leverage the Council Model to partner with the Emids management team with our deep bench of industry and functional experts, as well as facilitate new customer relationships,” said Council Capital Managing Partner Grant Jackson. “We wish Saurabh and his team much continued success in this next phase of their growth.”

Credit Suisse served as exclusive financial advisor and DLA Piper LLP as legal counsel to emids in this transaction. Ropes & Gray LLP provided legal counsel to New Mountain.

About Emids

Emids is a specialist provider of digital solutions and services to the healthcare industry, serving payers, providers, life sciences, and technology firms. Headquartered in Nashville, Emids helps bridge critical gaps in providing accessible, affordable, and high-quality healthcare by providing digital transformation services, custom application development and testing, data engineering, business intelligence solutions, and specialized consulting services to all parts of the healthcare ecosystem. With over 1,800 professionals globally, Emids leverages strong domain expertise in healthcare-specific platforms, regulations, and standards to provide tailored, cutting-edge solutions and services to its clients. For more information, visit www.emids.com.

About New Mountain Capital

New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, public equity, and credit funds with over $20 billion in assets under management. New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit www.newmountaincapital.com.

About Credit Suisse

Credit Suisse AG is one of the world’s leading financial services providers and is part of the Credit Suisse group of companies (referred to here as ‘Credit Suisse’). Our strategy builds on Credit Suisse’s core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 46‘200 people. The registered shares (CSGN) of Credit Suisse AG’s parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at https://www.credit-suisse.com/us/en.html.