As published in Nashville Post, October 3, 2017
Health technology holding company Trilliant Health has acquired fellow local venture Expression Health Analytics, adding to its lineup a suite of analytics services that help hospitals keep and grow their customer bases.
Terms of the acquisition by Trilliant — formed earlier this year from the merger of Aegis Health and Clariture Health — of Expression aren’t being disclosed, but the deal does involve local angel investment firm NueCura Partners converting its investment in Expression into a stake Trilliant. In addition, Expression Founder and CEO Jeff McDonald and Director Rick Hernandez of Tech Coast Angels will join the Trilliant board while Tony Corley of NueCura will become a board observer.
Two-year-old Expression is built on a national claims database that includes data from multiple insurers and other sources. The platform contains more than 100 terabytes of data and helps clients analyze acquisition and outpatient site development scenarios, among other things. Those services will be integrated with Aegis’ and Clariture’ data on employees, patients and health care shoppers to give providers a clearer picture of their growth options.
“Jeff and the Expression Health team have developed a powerful analytics platform that ingests and normalizes more than 300 million claim lines per month, which provides Expression Health’s clients with the ability to spot trends and understand patterns,” said Hal Andrews, CEO of Trilliant. “Expression Health will be Trilliant’s business intelligence engine for [surgery centers], hospitals, health systems, physician practices, and other providers.”