Emids Recognized as Major Contender in Everest Group’s Life Sciences Digital Services for Mid-market Enterprises PEAK Matrix® Assessment 2024
August 14, 2024, Nashville, TN – Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industry, has been named a Major Contender in the 2024 PEAK Matrix® Assessment for Life Sciences Digital Services for Mid-market Enterprises by Everest Group.
Everest Group’s PEAK Matrix® assessment is a highly regarded industry benchmark that evaluates service providers based on their market impact, vision, and capabilities. The life sciences digital capabilities for mid-market enterprises of 26 service providers were evaluated and Emids’ recognition as a Major Contender reflects its continuous commitment to delivering innovative digital services and solutions tailored to the unique needs of the life sciences sector.
Tarun Kohli
Chief Technology and Solutions Leader
“We are honored to be named as a Major Contender in the Life Sciences Digital Services PEAK Matrix® Assessment. This recognition underscores our commitment to forging meaningful and strong client relationships within the life sciences sector and guiding them through successful digital transformation with our tailored digital solutions. At Emids, we are committed to driving value for our clients by leveraging our deep industry knowledge, cutting-edge technologies and IPs, and a collaborative approach that fosters innovation”, said Tarun Kohli, Chief Technology and Solutions Leader, Emids.
The life sciences industry is increasingly adopting digital solutions to enhance operational efficiency, improve patient outcomes, and accelerate innovation. Emids is at the forefront of this transformation, offering a suite of digital services that include cloud services, AI and analytics, digital engineering and more. The company’s focus on delivering customized solutions has made it a trusted partner for mid-market enterprises seeking to enhance their digital capabilities.
“We are immensely proud to receive this recognition, which reflects our team’s relentless pursuit of delivering excellence through innovative digital capabilities for life sciences organizations. At Emids, our focus is on addressing the unique challenges faced by our clients, ensuring that our services consistently surpass their expectations. This achievement reinforces our position as a trusted partner in advancing digital transformation within the life sciences sector”, added David Box, VP, Client Services, Life Sciences, Emids.
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.
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.
Download the Healthcare Industry Cloud Services PEAK Matrix® Assessment 2024
Emids Recognized as Enterprise Innovators in the HFS Horizons HCP Service Providers, 2024 Report
Emids®, a global leader in technology-led transformation and digital engineering solutions for the healthcare and life sciences industry, is positioned as an Enterprise Innovator in the 2024 HFS Horizons report for Healthcare Provider service providers.
HFS Research assessed the capabilities of 36 service providers that serve healthcare service providers, specifically focusing on industry-specific capabilities for service providers. The report examines the service provider’s role in the global care delivery industry, encompassing primary care, acute care, post-acute and rehab.
The evolving care delivery and rising healthcare costs put pressure on providers and patients, necessitating innovative and cost-effective solutions without compromising care quality. Additionally, integrating innovative technologies with systems also requires significant investments and complex adjustments.
Michael Ragan
Managing Partner, Provider Enterprise
Emids is uniquely positioned to address these challenges offering customized solutions that cater to client-specific needs, enabled through Emids Platforms.
“We are thrilled to be recognized once again in 2024 HFS Horizons report for Healthcare Provider service providers as an Enterprise Innovator. The recognition is a testament to Emids’ deep knowledge and expertise in supporting Provider organizations in their enterprise transformation journey. It underscores our innovative capabilities and our strategic focus by leveraging digital technologies, Gen AI, Interoperability, Intelligent Automation and design-led engineering to develop use cases that provide cost reduction and predictable outcomes that shape the healthcare provider landscape. We are committed to delivering exceptional value, through transformative solutions, that further enhance care delivery, while improving patient outcomes and provider satisfaction,” said Michael Ragan, Managing Partner, Provider Enterprise at Emids.
“We focus on addressing the Quadruple Aim tenets in healthcare to assure our solutions deliver reduced cost, improve patient satisfaction, deliver predictable outcomes and support the critical impact on care delivery teams. As issues like physician and caregiver burnout and the looming talent shortage intensify, we are focusing on offerings that optimize costs, enable operational efficiencies and drive business agility for providers”, he further added.
Emids’ commitment towards delivering customized, impactful solutions positions it as a trusted partner for healthcare organizations navigating today’s complex and competitive healthcare space.
For results of the report and to purchase a copy please see the HFS website.
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 Named as a Major Contender in Everest Group’s Healthcare Data and Analytics Services
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 this year in Everest Group’s PEAK 2023 under ‘Healthcare Data and Analytics Services’. An insight and fact-based research firm, Everest Group publishes The PEAK Matrix – an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across global markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.
The research evaluated vendors based on strategy and consulting services, BI and visualization, advanced analytics and insights, and next-gen services. This also included enterprise data management and data governance, privacy, and security services. Emids has maintained its position as a Major Contender in Everest Group’s Healthcare Data and Analytics Services PEAK, with a total of 35 vendors assessed, including 8 Leaders, 21 Major Contenders, and 6 Aspirants.
Abhijay Datta
Head, Data Engineering and Data Analytics
Acknowledging this recognition, Abhijay Datta, Head, Data Engineering and Data Analytics, Emids said, “We are delighted to be recognised by Everest Group twice in a row for our Data and Analytics solutions in Healthcare. It is an honor to get validation from Everest Group for CoreLAKETM, as a suite of ready-to-deploy data management tools which is easily integrable in client’s landscape to accelerate their data modernization programs.”
“The healthcare sector has made substantial investments in data and analytics (D&A) due to regulatory changes, the need for interoperability and evolving customer expectations. Emids offers a portfolio of solutions that focuses on accelerators and frameworks, which helps deliver a faster time-to-value for clients,” said Priya Sahni, Practice Director at Everest Group.
“Emids’ strong technical and domain expertise, investments in partnerships with hyperscalers and alliances with niche technology providers specializing in Al/ML to co-develop solutions and increase market reach. This coupled with its proactive client management and focus on offering innovative price constructs, have enabled its positioning as a Major Contender in Everest Group’s Healthcare Data and Analytics Services PEAK Matrix® Assessment 2023,” she added.
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Emids Named by Everest Group as a Major Contender in the Healthcare Provider Digital Services Space
Emids, a proven leader in technology-led transformation and digital engineering within the healthcare and life sciences industry, has been recognized as a Major Contender this year in Everest Group’s PEAK Matrix® for Healthcare Provider Digital Services.
As a Major Contender, Emids has been described as client centric, offering domain expertise, and being flexible, according to clients. Clients also appreciate the quick responsiveness and accommodative nature of Emids.
Historically, healthcare providers have been mired by the legacy IT estate, and regulations that have had the unfortunate consequence of incentivizing them to maintain the status quo.
However, that is not an option anymore, particularly as healthcare providers scramble to meet the needs of a world disrupted by the COVID-19 pandemic. Healthcare providers are now being forced to jump on the digital bandwagon to meet the demands faced by the healthcare ecosystem to battle this disruption.
To support enterprises on their digital journeys, service providers are ramping up capabilities through healthcare-specific partnerships and acquisitions. This, in turn, is driving the need for research and market intelligence on demand and supply trends in healthcare provider digital services.
Everest Group’s healthcare information technology services (ITS) program gauges the capabilities of Emids so customers can see the value Emids offers in the healthcare provider digital services space.
Chunky Satija
Vice President at Everest Group
“Emids offers domain-focused solutions and services towards addressing specific digital needs of customers, such as virtual engagement/telehealth, and patient engagement. It also invested in strategic acquisitions of service providers Macadamian, CDR, and Quovantis to augment its healthcare solution offerings, which led to its positioning as a Major Contender in Everest Group’s Healthcare Provider Digital Services PEAK Matrix® Assessment 2023,” he added.
The PEAK Matrix® is a framework that helps Emids customers better understand the company’s market success & impact measured by the market adoption, portfolio mix, and value delivered. It also shows customers Emids’ scope of services offered, and sheds light on its vision.
Emids’ recognition as a Major Contender by Everest Group illustrates the domain expertise and value it offers customers who are seeking support in their digital journeys in this era of disruption.
Download the full Everest Group report and see how Emids’ capabilities align with your business needs in today’s healthcare market.
Download the Assessment
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 Life Sciences 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 Life Sciences Digital Services landscape, according to Everest Group’s Life Sciences Digital Services PEAK Matrix® Assessment 2022.
Kumar Kolin
CTO at Emids
Everest Group evaluated the life sciences digital capabilities of 31 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.
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 trusted partner of these healthcare enterprises.
Past recognitions from Everest Group include positioning Emids as a Major Contender in Healthcare Payer Digital Services in 2022, 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
CTO at Emids
Emids Ranked Amongst HFS Research’s Top 10 HCP Service Providers 2022 Report
Emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industries, has been positioned amongst the HFS Top 10: HCP Service Providers 2022 report.
HFS assessed and rated 17 service providers that serve healthcare service providers from primary care, acute care, specialty care and post-acute care. The report examined service providers’ role in the dynamic care delivery industry, assessing and rating participants across a defined series of innovation, execution, OneOffice™ alignment, and voice of the customer.
Sriraman Nagarajan
President, Life Sciences and Provider at Emids
The healthcare provider market is seeing unprecedented challenges and Emids is uniquely positioned to guide them through this shift to digital. The pandemic exacerbated physician/caregiver burnout and the impending talent shortage is putting emphasis on how automation can remove repetitive tasks and how the usability of digital solutions used in every day work can ease the burden on both patients and providers.
The push to digital is also putting pressure on providers to provide the experiences that patients are used to from leading consumer brands through tools like Digital Front Doors and virtual assistants that can simplify appointment booking or symptom checking/management.
The data that all these new and existing tools create also must be made accessible, usable and connected in order to leverage AI/ML or advanced analytics to improve patient outcomes.
Sriraman Nagarajan
President, Life Sciences and Provider at Emids
For results of the report and to purchase a copy please see the HFS website here.