Point Health Acquires Austin-Based The Karis Group

November 19, 2020
Silicon Hills

Download The Limited Benefit Plans’ Guide to Competing On More Than Price

Download Now

Download The Complete Guide to Implementing Price Transparency

Download Now

Download Your Roadmap to Creating Engaged Healthcare Consumers

Download Now

Download Your Guide to 2022's Healthcare Policy Changes

Download Now

Download How to Leverage Ambulatory Surgical Centers for Lower Costs and Higher Satisfaction

Download Now

Is Your Health Plan a Tech Whiz or a Dinosaur?

Take the quiz to find out!

Download the Patient Advocacy 2.0 White Paper

Download Now

Download the Complete Guide to Retaining Health Plan Members.

Download Now

Download the Complete Guide to Growing Your Health Plan Membership

Download Now

Download the Complete Guide to Lowering Member Costs

Download Now

Download Healthcare Consumerism 101: A Playbook for Health Plans

Download Now

Download Your Guide to the Transparency in Coverage Rule

Download Now

Download Your Guide to Unique Benefit Offerings that Don't Break the Bank

Download Now

Download the Complete Sedera Case Study

Download Now

Originally published on Silicon Hills: http://siliconhillsnews.com/2020/11/19/point-health-acquires-austin-based-the-karis-group/

PointHealthTech, a digital health startup, announced plans to acquire Austin-based The Karis Group, a patient advocacy bill negotiation service.

Austin-based PointHealthTech did not disclose the terms of the deal.

The Karis Group, founded in 1996, brings decades of pricing data, healthcare navigation, and bill negotiation experience to PointHealthTech, according to a news release.

Together, the two Austin-based companies plan to develop a new, digital-first healthcare navigation platform and marketplace that will make healthcare easier to find and easier to afford for health plan members.

PointHealthTech’s platform aims to provide consumers with a medical marketplace offering transparent pricing. The platform is targeted to health insurers with high deductible plans, health sharing communities, third-party administrators, and employers.

“The consumer health experience needs an overhaul. This acquisition is very positive for both companies but even better for our clients and their members who will use our new, digital-first healthcare navigation platform,” Matt Dale, CEO of PointHealthTech and The Karis Group. “Our easy-to-use technology will continue to push healthcare towards transparency, affordability, and simplicity.”

When Dr. Tony Dale founded The Karis Group to advocate for patients there was a lack of transparency in billing for healthcare services.

“We helped resolve some of those issues by navigating billions of dollars in medical bills and assisting millions of people solve the complexities of healthcare bills,” Dr. Dale said. “I am proud and excited by the opportunity this new venture represents.”

The acquisition is expected to be complete by the first quarter of 2021. Its initial platform is set to debut in early 2021.

TAKE THE SURVEY

Download Your Guide to 2022's Healthcare Policy Changes

Discover the major changes happening that affect you, how to prepare, and even how to make the new rules work in your favor.

Download The Limited Benefit Plans’ Guide to Competing On More Than Price

Discover how to stand out based on unique offerings and high member satisfaction, and how to implement these strategies.

Download The Complete Guide to Implementing Price Transparency

Discover how to bring price transparency into your benefit offerings to increase member satisfaction, lower overall costs, stand out from competitors, and improve member retention.

Download Your Roadmap to Creating Engaged Healthcare Consumers

Discover the roadmap unique to your health plan type and start seeing higher member satisfaction, lower overall costs, and healthier members.

Download How to Leverage Ambulatory Surgical Centers for Lower Costs and Higher Satisfaction

Discover how TPAs, health cost sharing groups, and limited benefit medical plans can benefit from the use of ASCs.

Download the Patient Advocacy 2.0 White Paper

Discover what health plan members had to say about the value of patient advocacy in our survey.

Download the Complete Guide to Retaining Health Plan Members.

Learn the best strategies and tips for retaining your members while keeping costs low.

Download the Complete Guide to Growing Your Health Plan Membership

Learn the best strategies and tips for growing your members while keeping costs low.

Download the Complete Guide to Lowering Member Costs

Discover what health plan members had to say about the value of patient advocacy in our survey.

Download Healthcare Consumerism 101: A Playbook for Health Plans

Learn the best strategies and tips for retaining your members while keeping costs low.

Download Your Guide to the Transparency in Coverage Rule

Discover how the the new rule will affect TPAs and health plans and how you can start your journey to compliance.

Download Your Guide to Unique Benefit Offerings that Don't Break the Bank

Discover how to add value to your health offerings that delight clients and members but don’t cost a fortune.

Download the Complete Sedera Case Study

Discover what health plan members had to say about the value of patient advocacy in our survey.

You might also enjoy.