Emids Positioned as Major Contender in Everest Group’s Healthcare Industry Cloud Services PEAK Matrix® Assessment 2024
Nashville, TN – [July 17, 2024] – Emids, a leading provider of digital transformation solutions to the healthcare industry, has been named a Major Contender in the 2024 Everest Group Healthcare Industry Cloud Services PEAK Matrix® Assessment. This recognition highlights Emids’ strong market impact and comprehensive capabilities in providing specialized cloud services for healthcare, reinforcing its commitment to driving innovation and excellence in the industry.
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The Everest Group’s Healthcare Industry Cloud Services PEAK Matrix® Assessment evaluates service providers based on their market success and capabilities. Emids’ inclusion as a Major Contender underscores its deep healthcare expertise and its ability to deliver tailored cloud solutions that address the unique needs of payer and provider organizations. The company’s comprehensive service portfolio, innovative approaches, and strategic vision have positioned it as a trusted partner for healthcare enterprises navigating their digital transformation journeys.
Tarun Kohli
Chief Technology and Solutions Officer, Emids
“We are honored to be recognized as a Major Contender in the Everest Group Healthcare Industry Cloud Services PEAK Matrix® Assessment for 2024. This is a testament to our unwavering commitment to delivering innovative cloud solutions and delivering value to our clients. With our deep healthcare expertise, robust cloud capabilities and tailored cloud strategies we help our clients accelerate innovation, manage cloud costs and ensure strong compliance. Leveraging our healthcare-specific cloud-native IP solutions and platforms such as EPulseAI, CoreLAKE, HealthConnect and low-code solutions, we accelerate digital transformation journeys of our Clients on Cloud, thus enhancing their care delivery and experience”, says Tarun Kohli, Chief Technology and Solutions Officer, Emids.
“As healthcare enterprises enter the next growth phase in their transformation journey, they are adopting industry cloud services to future-proof their technology infrastructure and enhance value delivery,” says Kaushik Sundar, Practice Director at Everest Group. “Emids has made investments to enhance its cloud capabilities through targeted acquisitions, such as Cloud Development Resources, as well as launching healthcare cloud-native solutions, such as EPulseAI, HealthConnect, and CoreLAKE, to cater to enterprises’ cloud requirements. Furthermore, its strong domain expertise, talent management, and client management have led to high client satisfaction, contributing to its positioning as a Major Contender in Everest Group’s Healthcare Industry Cloud Services PEAK Matrix® Assessment for 2024.”
Kaushik Sundar
Practice Director at Everest Group
Emids is at the forefront of driving healthcare innovation through cloud technology. Our cloud-agnostic platforms and tools help healthcare organizations to mitigate cost inefficiencies, navigate regulatory complexities and alleviate operational burdens. Emids commitment to developing advanced cloud solutions ensures that healthcare providers and payers can harness the power of cloud technology to improve outcomes, streamline operations and stay ahead in a rapidly evolving industry.
About Emids
Founded in 1999 and based in Nashville, Emids is a leading provider of digital transformation solutions across the healthcare and life science ecosystem, providing tailored, cutting-edge solutions and services across digital strategy, design, and engineering to payers, providers, biopharma, medical technology, and healthcare technology firms. Emids designs human-centered digital solutions and experiences, builds scalable platforms and connects disparate systems to enable interoperability, in its singular mission of advancing the future of health. Learn more at www.emids.com.
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Emids Named by Everest Group as a Major Contender in Healthcare Payer Digital Services
[Nashville, TN, Jan 25, 2024] – Emids, a global leader in technology-led transformation and digital engineering solutions for the healthcare and life sciences industry, has been recognized as a Major Contender in the Everest Group’s Healthcare Payer Digital Services PEAK Matrix® Assessment 2023 for the second year in a row. Everest Group evaluated the payer digital capabilities of 32 healthcare ITS providers and mapped them on the PEAK Matrix® framework. The report assessed them on capability and market success-related dimensions providing an objective, data-driven comparative analysis.
Emids has received multiple recognitions from Everest Group placing it as a Major Contender in several healthcare digital service categories including a Major Contender in the Healthcare Provider Digital Services Space as well as a Major Contender in the Healthcare Data and Analytics Services in 2023. Emids’ healthcare domain-specific expertise, strategic acquisitions, client-centricity, data and automation solutions for optimizing provider workflow and patient engagement have been commended by Everest Group.
Acknowledging this recognition, Balajee Sethuraman, Managing Partner, Payer Enterprise at Emids said, “We are thrilled to be recognized by Everest Group again for our Payer Digital Services. This underscores our commitment to delivering outcome-led solutions and digital transformation in the healthcare payer space. Emids has achieved a significant growth as a leader in this space and we continue to partner with top healthcare organizations to address their unique challenges and help create value for their business.”
Balajee Sethuraman
Managing Partner, Payer Enterprise at Emids
“Our robust solutions and offerings anchored in domain expertise, innovative design, engineering excellence and cutting-edge platforms, have further solidified our unique position in the market. We deliver Generative AI solutions through our EPulseAI platform to help our clients in accelerating product development and go-to market time. It’s a great honor to be recognized for our work in the payer digital services landscape and to be able to contribute towards making healthcare better for all,” he further added.
“With the healthcare industry undergoing radical changes, such as the shift to value-based care and the need for hyper-personalization, enterprises have made digital adoption the bedrock of their growth strategy to meet these growing demands,” said Priya Sahni, Practice Director at Everest Group.
Priya Sahni
Practice Director at Everest Group
“With its strong portfolio of industry-specific IPs, Emids has enabled its clients to implement key functions across the payer value chain, such as claims adjudication and care management. The company’s strong domain expertise and investments in next-gen technologies (e.g., AI-enabled Digital Conversational Assistants, EPulseAI) have led to its positioning as a Major Contender in Everest Group’s Healthcare Payer Digital Services PEAK Matrix® Assessment 2023,” she added.
About Emids
Founded in 1999 and based in Nashville, Emids is a leading provider of digital transformation solutions across the healthcare and life science ecosystem, providing tailored, cutting-edge solutions and services across digital strategy, design, and engineering to payers, providers, biopharma, medical technology, and healthcare technology firms. Emids designs human-centered digital solutions and experiences, builds scalable platforms and connects disparate systems to enable interoperability, in its singular mission of advancing the future of health. Learn more at www.emids.com.
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Emids ranked #1 by Best in KLAS report for IT Consulting Services (Payer)
NASHVILLE, Tenn.—Emids, a proven leader in technology-led transformation and digital engineering, within the healthcare and life sciences industry, has been ranked Best in KLAS 2023 for IT Consulting Services in the payer space.
The Best in KLAS report recognizes software and services companies who excel in helping healthcare professionals improve patient care. A Best in KLAS award signifies to the healthcare IT industry a commitment, and partnership that only top tier vendors provide. All rankings are the direct result of client feedback, based on actual service value received, over the prior year.
Michael Ragan
President of the Consulting & Platforms business at Emids
“Our partners’ evaluation of Emids’ performance has led to this award, and we thank them for their participation, our recognition, and valued partnerships,” Ragan added.
Based on input from industry partners, Emids received an ‘A’ grade for its loyalty to the customer experience. Loyalty in the context of this report involves customers who would buy again from Emids, their overall satisfaction with Emids and whether they would recommend the organization to others.
“The decision to go with [Emids] came down to the breadth of resources that they offered for things like business transformation. [Emids] had better technical expertise than other firms we looked at,” said one executive involved in rating Emids for the report.
“Emids is professional and strategic, and they bring [to] us the right skills,” according to another executive who offered feedback for the report.
KLAS’ mission is to improve the world’s healthcare by providing insights, collaboration, and transparency to provider, vendor, payer, and investor organizations.
KLAS makes thousands of proactive calls each year to collect the research necessary for this report. In every instance, the KLAS methodology includes screening for bias to ensure as clean and random a sample as possible.
About KLAS
KLAS is a data-driven company on a mission to improve the world’s healthcare by enabling provider and payer voices to be heard and counted. Working with thousands of healthcare professionals, KLAS collects insights on software, services, and medical equipment to deliver reports, trending data, and statistical overviews. KLAS data is accurate, honest, and impartial. The research directly reflects the voice of healthcare professionals and acts as a catalyst for improving vendor performance. To learn more about KLAS and the insights we provide, visit KLASresearch.com
About Emids
Based out of Nashville, Tenn., Emids is a global organization dedicated to digging deeper and going further. Emids works with customers to blaze new trails and positively impact the business of healthcare. At the intersection of design, engineering and domain expertise, teams at Emids move nimbly and provide trusted advice, seeking new ways to amplify results. The company is committed to bettering healthcare and empowering wellness by focusing on what matters. Using technology and insights, Emids is driven to create transformative outcomes for patients, providers and partners.
Emids Recognized in the 2022 HFS Horizons Report for Healthcare Payer Service Providers
Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industries, has been positioned among the 2022 HFS Horizons Report for Healthcare Payer Service Providers.
HFS assessed the capabilities of 21 healthcare payer service providers to help buyers—including government agencies, health plans and self-insured employers—find the service provider that best suits their needs in the evolving healthcare market.
There’s a blurring of industry lines with an increasing number of non-traditional healthcare enterprises entering the $4 trillion U.S. healthcare market, leading to positive market disruptions that offer opportunities to overcome inefficiencies, poor outcomes, and increasing costs.
The payer market is seeing many shifts as consumer expectations evolve and financial pressures grow. One of these shifts involves vertical integrations among payers, which is providing healthcare enterprises the opportunity to move away from dwindling revenues and shrinking margins.
“We’re thrilled that Emids was recognized for its work in providing payers the impactful technology solutions they need to navigate the changing healthcare landscape,” said Praveen Soti, Emids President for Payer and Digital Solutions.
Praveen Soti
Emids President for Payer and Digital Solutions.
Praveen Soti, added that Emids continues to deliver an array of offerings including design-led engineering, automation, advanced data analytics, core platforms and rapid low code engineering that have supported payer organizations in delivering an outstanding member experience, reducing the cost of care and supporting the transition to value based care.
Emids continues to work at the intersection of design, engineering and domain expertise, helping clients blaze new trails and positively impact the future of health—including developing new market facing capabilities when working with payer clients amid this exciting time in the world of healthcare.
Emids Named by Everest Group as a Major Contender in Healthcare Payer Digital Services
Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industries, has been positioned by Everest Group as a Major Contender in the healthcare payer digital services landscape, according to Everest Group’s Healthcare Payer Digital Services PEAK Matrix® Assessment 2022.
Everest Group evaluated the payer digital capabilities of 26 service providers and mapped them on the PEAK Matrix® framework, providing an objective, data-driven comparative analysis. In the report, all providers were positioned based on their level of market impact, as well as vision and capability.
Praveen Soti
Payer and Digital Solutions President at Emids
Healthcare enterprises have made digital adoption the bedrock of their growth strategies to optimize processes, realize cost efficiencies, and enhance member experiences. They are leveraging digital services for value-based care and population health management, as well as to comply with changing regulations. Emids continues to be a leader in supporting these healthcare enterprises.
Past recognitions from Everest Group include positioning Emids as a Leader in the healthcare IT services provider landscape in 2021, and in 2020, positioning Emids as a Major Contender in the healthcare digital services provider landscape. With multiple recognitions for Major Contender in several healthcare digital service categories, Emids’ healthcare domain-specific expertise, strategic acquisitions, client-centricity, data and automation solutions for optimizing provider workflow and patient engagement have been commended by Everest Group.
Praveen Soti
Payer and Digital Solutions President at Emids
Emids Positioned as a Major Contender in Intelligent Automation in Healthcare by Everest Group in the 2022 Solutions PEAK Matrix Assessment
NASHVILLE, JAN. 10, 2022 – Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industry, has been positioned by Everest Group as a Major Contender in the healthcare intelligence automation solution landscape, according to Everest Group’s Intelligent Automation in Healthcare PEAK Matrix® Assessment 2022.
“We’re thrilled to be named as a Major Contender by Everest Group for 2022,” said Krishna Prasad, Emids Automation Practice Leader. “It’s especially an honor, given the importance of intelligent automation in healthcare operations. More health systems are recognizing its value in achieving peak efficiency, execution and its ability to allow healthcare organizations to shift away from the manual processes and siloed technologies hindering their productivity.”
Everest Group evaluated the healthcare automation capabilities of 18 service providers and mapped them on the PEAK Matrix framework, providing an objective, data-driven comparative analysis. In the report, all providers were positioned based on their level of market impact, as well as vision and capability. The report states that automation solutions have garnered excellent traction in recent years “not to dehumanize the healthcare systems, but rather, to support the working of the stakeholders in the value chain to optimize processes, reduce costs and waste, improve patient care and experience and enhance business resilience.”
As a major contender, Emids is recognized for its well-developed capabilities for process mining being leveraged by a significant percentage of clients. Emids’ strong technical capabilities in Intelligent Automation, their healthcare domain expertise (especially payer operations) and gamut of solution offerings were cited. In addition, the report commended Emids’ dedicated automation and implementation teams for identifying opportunities, developing new automation solutions and providing design and development support on an ongoing basis.
Everest Group also recognized Emids as a Major Contender by Everest Group in the healthcare analytics services landscape for 2022. Past recognitions from Everest Group include positioning Emids as a Leader in the healthcare IT services provider landscape in 2021, and in 2020, positioning Emids as a Major Contender in the healthcare digital services provider landscape.
With multiple recognitions for Major Contender in several healthcare digital service categories, Emids’ healthcare domain-specific expertise, strategic acquisitions, client-centricity, data and automation solutions for optimizing provider workflow and patient engagement have been commended by Everest Group.
Kumar Kolin
Chief Technology Officer
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.
Emids Recognized as a Major Contender in Healthcare Analytics Services by Everest Group in the 2022 PEAK Matrix Assessment
NASHVILLE, JAN. 10, 2022 – Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industry, has been recognized by Everest Group as a Major Contender in the healthcare analytics services landscape, according to Everest Group’s Healthcare Analytics Services PEAK Matrix® Assessment 2022.
“It’s always an honor to be recognized as a Major Contender in any category by Everest Group,” said Kumar Kolin, Emids Chief Technology Officer. “In previous years, we’ve been named a Major Contender in other categories, such as healthcare provider digital services and healthcare IT services. So to be positioned in the healthcare analytics service category for the first time speaks to the high value of Emids’ transformative capabilities across the healthcare landscape.”
Everest Group evaluated the capabilities of 25 healthcare analytics service providers and mapped them on the PEAK Matrix framework, providing an objective, data-driven comparative analysis. Providers were positioned based on their level of market impact, as well as vision and capability. The report states that “while cost reduction and operational efficiency have been the traditional drivers for analytics adoption in healthcare, the focus is now shifting toward enhancing clinical outcomes and customer experiences.”
As a Major Contender, Emids is applauded for the impact it created in the market and its ability to deliver services successfully. Specifically, Emids is recognized for its significant presence on both the provider and payer sides, providing an ample portfolio of analytics solutions and platforms across the entire value chain, as well as its breadth of platforms ranging from data management to advanced analytics. Clients cite Emids’ agility, flexibility and ability to resolve issues quickly, along with strong talent management capabilities, as key strengths to delivering value.
Nilesh Patil
Chief Data Strategy Officer
In 2021, Everest Group recognized Emids as Major Contender in the healthcare IT services provider landscape, and in 2020, Emids was positioned by Everest Group as a Major Contender in the healthcare digital services provider landscape. With multiple recognitions for Major Contender in several healthcare digital service categories, Emids’ healthcare domain-specific expertise, strategic acquisitions, client-centricity and solutions for optimizing provider workflow and patient engagement have all been commended by Everest Group.
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.
Emids Positioned by Everest Group as a Leader in Healthcare IT Services
NASHVILLE, JAN. 19, 2021 – Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industry, has been recognized by Everest Group as a Leader in the healthcare IT services provider landscape, according to Everest Group’s Healthcare IT Services Specialists PEAK Matrix® Assessment 2021.
Saurabh Sinha
Emids Founder and CEO
Everest Group evaluated the capabilities of 12 healthcare IT service firms and mapped them on the PEAK Matrix framework, providing an objective, data-driven comparative analysis based on delivery capability and market impact. The report states that while the healthcare IT services space has been historically dominated by global service providers, “…Leaders have established themselves as front-runners to support healthcare clients that look to specialists to help them achieve business transformation.”
Emids’ healthcare domain-specific expertise, leadership access and client intimacy, engagement flexibility, innovation and investment, along with a strong network of partnerships and value delivered were commended in the report. In September, Emids marked its second year as a Major Contender in the “Healthcare Provider Digital Services PEAK Matrix® Assessment” which evaluated the capabilities of 22 healthcare digital service providers specific to the healthcare provider sector globally. The company was also positioned as a Major Contender for the second consecutive year in the “Healthcare Payer Digital Services PEAK Matrix® Assessment with Service Provider Landscape 2020” specific to the healthcare payer digital services market.
Over the years, Emids has been cited as a major contender in several Everest Group reports covering different healthcare segments as it continues to invest and grow new capabilities including the acquisition of FlexTech, an information technology consulting company with deep expertise in leading payer core administration and population health platforms. Emids’ growth and value are enhanced by these strategic acquisitions as clients “see Emids at par with big logos in the work they do and the capabilities they bring to the table.”
Balajee Sethuraman
Chief Revenue Officer at Emids
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.
Emids Announces Acquisition of Flextech
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.
Emids Recognized by Everest Group as a Major Contender in Healthcare Payer Market
NASHVILLE, Feb. 20, 2020 – Emids, a leader in digital engineering and transformation solutions to the healthcare industry, has been recognized by Everest Group as a Major Contender in the healthcare payer digital services market, according to Everest Group’s Healthcare Payer Digital Services PEAK Matrix™ Assessment with Service Provider Landscape 2020.
Praveen Soti
President of Payer and Digital Solutions at Emids
“Healthcare majors are leveraging digital technologies to reshape their business models – enabling game-changing consumer intimacy, value-based care and business growth. We are thrilled to be a strategic partner that brings unequivocal healthcare domain expertise, velocity and business impact to catalyze their journey.” said Soti.
Everest Group evaluated 23 healthcare payer digital service providers and mapped them on the PEAK Matrix framework to provide an objective assessment based on absolute market success and delivery capability. Marking its second year as a Major Contender, Emids’ healthcare domain-specific expertise, adaptability to customer needs, focus on digital offerings across the payer value chain, as well as strategic partnerships and investments were commended in the report.
According to the report, 40-50 percent of current overall business spend is digital due to enterprises transcending the digital maturity curve. As a digital transformation leader in healthcare, 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.
“The healthcare industry is experiencing fundamental changes – including a shift from a volume – to a value-based care model, the entry of technology players and the increasing importance of patient centricity. As a result, payers are adopting digital technologies to enhance their operating models and optimize costs. They are looking for service providers to help navigate challenges such as siloed operations, disconnected information systems, and fragmented member information, to truly focus on breakthrough innovation and value-based care outcomes,” said Abhishek Singh, Vice President, Everest Group. “Emids has a strong pedigree in healthcare, skilled service delivery, and has made significant investments in centers of excellence, enabling it to be a meaningful partner for healthcare payers.”
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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.