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.

“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. 

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.

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.

NASHVILLE, July 8, 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 provider digital services market, according to Everest Group’s Healthcare Provider Digital Services PEAK Matrix™ Assessment 2019.

Everest Group is a recognized global research and consulting company 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.

This is Emids’ first year being positioned in Everest Group’s Healthcare Provider Digital Services PEAK Matrix Assessment. “The provider industry has spent billions of dollars implementing EMRs which generate an incredible amount of data. Now the industry is seeking better ways to leverage this enterprise data to better engage clinicians and patients,” says Tim McMullen, Emids president. “This recognition by Everest Group is a testament to our customers success and our commitment to deliver valuable digital solutions and consulting services that helps our the industry better manage this important challenge.”

“The 2017 acquisition of Encore Health Resources, a provider-system consulting company, has been a highly successful integration. It has allowed us to have the digital capabilities to solve several of our key customers’ challenges,” says Saurabh Sinha, Founder and CEO at Emids. “A successful digital journey requires a myriad of skillsets and we have been effective at bringing those capabilities to our clients.”

Service providers are mapped on Everest Group’s PEAK Matrix based on their position in  performance, experience, ability and knowledge, which is a composite index of a range of distinct metrics related to a provider’s capability and market success. Emids received its major contender rating based on three primary assessment dimensions – IT digital services market trends for healthcare providers, the landscape of service providers for healthcare provider digital services and the assessment on several capability- and market success-related dimensions.

Contact us to learn more about Emids’ capabilities and explore partnership opportunities.

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About Emids

Emids is a global provider of healthcare technology expertise and consulting services and solutions that serve 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.

Our healthcare IT expertise just got stronger. Emids recently acquired Encore Health Resources, a leading health information analytics and technology consulting company.

Encore helps providers plan, implement, and optimize clinical data systems to meet the evolving healthcare IT landscape. It develops analytics to fulfill their growing information and reporting needs. The enterprise brings a team of experts with specialized knowledge in clinical and business applications, and the rich experience of working with large and diverse healthcare systems.

What does this mean for our business? Increased ability to serve the needs of providers, and offer more holistic solutions to payers and technology partners too. As our founder and CEO Saurabh Sinha says, “With the healthcare industry becoming more integrated and the focus on consumerism growing, we’re seeing more collaboration between payers and providers. The ability to provide healthcare technology expertise and solutions that serve both payers and providers will be critical to help our customers succeed in the future.”

Moreover, Encore has a culture of helping customers succeed and enabling the professional growth of its people. And these are ideas that resonate with us. Drawing from these common core values, we’ll be able to offer sharper solutions that set us apart as industry leaders.

Encore will operate as a business unit within Emids, spearheaded by Tom Niehaus. Encore founder Dana Sellers will be a member of our board of directors. The acquisition increases our people strength by almost 200 consultants and adds more than 50 health systems to our portfolio, thus deepening our healthcare analytics expertise.

It’s exciting times ahead. Stay tuned for more.