Myridius and Inovaare are entering a strategic partnership wherein Myridius will leverage Inovaare's comprehensive healthcare suite of products and data platform to drive Enterprise Innovation, Portfolio Rationalization, and Digital Transformation in Healthcare. Concurrently, Inovaare will utilize Myridius digital services to enhance business value for enterprises.
August 12, 2024 – Iselin, NJ-Myridius is pleased to announce a strategic partnership with Inovaare Corporation, a leader in healthcare technology. This collaboration aims to transform the global healthcare industry by leveraging Inovaare's HIPAA-compliant, HITRUST-certified, AI-powered, lowcode/no-code platform, extensive industry expertise, and Myridius' robust suite of digital services.
This partnership combines Inovaare’s expertise in healthcare compliance and operations with Myridius’ experience in digital strategy and cloud services. Together, they aim to deliver state-of-the-art digital transformation solutions that enhance operational efficiency, compliance effectiveness, and member experience.
"Inovaare is thrilled to join forces with Myridius," said Pravat Rout, CEO of Inovaare. "Our advanced platform, including flagship solutions like Appeals & Grievances (A&G) and the Universe Management System (UMS), will be further enhanced by Myridius' expertise. This partnership will equip healthcare organizations to quickly develop and deploy new applications, improve compliance adherence, and enhance operational efficiency."
At a time, when Healthcare organizations are trying to balance their transformation priorities between evolving compliance needs & managing cost of care while also enhancing quality and impact of care; this partnership promises to ease the burden and simplify execution. Key benefits of this partnership include:
The new center will enable Myridius to enhance its operational excellence, expand its global reach, and accelerate its digital transformation journey. Some of the key features of the new center are:
Inovaare’s robust compliance-driven platform combined with Myridius' expertise in digital services will empower health plans to stay ahead of evolving regulations, reduce audit risks, and maintain adherence
to industry standards like universe management reporting and audit.
Inovaare’s HITRUST CSF®-Certified Smart platform, coupled with Myridius' extensive data analytics capabilities in healthcare, will enable healthcare providers to fully harness the value of their data. The partnership will deliver AI-driven automation solutions that populate compliance, operations, and analytics tools with real-time data to guide oversight and generate compliant regulatory reports, converting compliance into a strategic differentiator.
By streamlining processes, the collaboration addresses operational challenges faced by healthcare organizations. Efficient member and provider onboarding, risk management, and streamlined sales and
marketing efforts lead to improved efficiency.
"Inovaare’s platform is designed to optimize healthcare operations with pre-built solutions such as Appeals & Grievances, Risk Management, Audit & Monitoring, Universe Management System, Process Oversight, and low-code/no-code platform. By integrating Myridius’ delivery excellence, Inovaare will enable healthcare organizations to quickly develop and deploy new applications, improve compliance adherence, and enhance operational efficiency," added Rout.
Ramesh Ramani, CEO of Myridius, remarked, "Our partnership with Inovaare represents a significant milestone. Inovaare’s robust low-code/no-code platform and digital solutions are poised to transform healthcare operations, enabling our clients to achieve quantifiable business outcomes and maintain a competitive edge in the market."
Myridius and Inovaare share a commitment to driving innovation in healthcare technology shaping tomorrow. Myridius' Delivery Excellence® approach ensures a cohesive strategy from value definition and design to realizing measurable business outcomes. Inovaare’s platform offers elastic scalability, high availability, and stringent security and compliance measures, ensuring that healthcare organizations can trust the reliability and security of their digital transformations.
This partnership marks a significant step forward in the digital transformation of the healthcare industry. Inovaare and Myridius are poised to deliver innovative solutions that achieve the greatest
measurable impact for their clients, transforming customer engagement, workforce enablement, and operations optimization.
Myridius, formerly RCG Global Services, brings over 50 years of leadership and expertise in delivering transformative technology solutions. We specialize in AI-driven strategies, digital engineering, cloud innovation, and data analytics, enabling businesses to innovate, grow, and compete in an ever-changing landscape. Discover transformative results with Myridius at www.myridius.com.
Inovaare Corporation specializes in healthcare technology, offering solutions that enhance operational efficiency, ensure regulatory compliance, and improve member experience. Our platform includes prebuilt healthcare solutions and a state-of-the-art AI-powered platform supported by robust data management capabilities to meet the unique needs of healthcare payers, providers, life sciences, and pharma.