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.”
Download a copy of the custom report here.
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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.
Emids Recognized by Everest Group as a Major Contender in Healthcare Payer Market
NASHVILLE, July 22, 2019 – Emids, a global leader in digital solutions in 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 and Service Provider Landscape 2019.
Everest Group is a recognized international consulting and research firm focused on IT, business process, and engineering services. Everest Group’s PEAK Matrix™ assessment provides the analysis and insight enterprises need to make critical selection decisions about global services providers, locations, products and solutions within various market segments.
Emids marks its first year as a one of the assessed companies in Everest Group’s PEAK Matrix assessment for payers, as well as the first time in eight years Everest Group has put a first-time entrant into the ‘Major Contender’ category. “This is a testament to the trust our clients have as their ‘digital enabler partner of choice’ in helping deliver breakthrough customer experience and business growth,” says Praveen Soti, president, payer and digital at Emids. “We are very pleased to have scored so well in both Market Impact and Vision and Capability axes. The results reflect the investments we have made across Design, Functional and Technology domains that have helped our clients accelerate their digital journey and delivery results at speed.”
Abhishek Singh, vice president of Everest Group, notes “The payer market is currently undergoing tectonic shifts in its approach towards digital transformation. Senior executives are evaluating the role of products and service providers as they think of the future of innovation. Healthcare specialist firms such as Emids have created strong credentials in their ability to not only showcase depth in domain but also in execution of critical digital initiatives.”
The categories that are included to achieve the PEAK Matrix evaluation dimensions in the healthcare payer market are detailed, consisting of numerous markers in both Market Impact and Vision and Capability. Emids was positioned as a Major Contender in Market Impact due to its strong performance in market adoption, portfolio mix and the value delivered to its clients.
Emids Major Contender rating in Vision and Capability was achieved because of the organization’s ability to successfully deliver outstanding services. This placement was captured through four strong assessments in vision and strategy, scope of services offered, innovation and investments and the company’s solid delivery footprint.
“We have successfully delivered on multiple digital engagements for our clients, and we are continually learning how to create the maximum market impact as consumerism in healthcare increases,” says Saurabh Sinha, Founder and CEO at Emids.
To learn more about Emids’ capabilities and explore partnership opportunities, visit their website.
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About Emids
Emids is a global provider of healthcare technology expertise and consulting services and solutions that serves payers, providers and tech enablers. Headquartered in Nashville, Emids helps bridge the critical gaps in accessible, affordable, high-quality healthcare by providing advisory consulting services, custom application development and data solutions. Services include EHR application deployment and management, analytics, data integration and governance, software development and testing and business intelligence. Visit emids.com.