Kyruus Completes Acquisition of HealthSparq, Paving Way for Seamless Cross-Channel Care Navigation
Digital Health Technology Leaders are Already Connecting Data Sources and Access Experiences Across Payers and Providers
BOSTON, MA – April 1, 2021 – Kyruus, the leader in provider search and scheduling solutions for health systems, today announced the completion of its acquisition ofHealthSparq, a trailblazing healthcare guidance and transparency technology company serving health plans. With the transaction finalized, the combined entity now serves 70 health systems and 100 health plan brands across the United States.
“Kyruus and HealthSparq share a common mission to help people make better healthcare decisions and we’re already seeing how we can actualize that faster together,” said Mark Menton, who will now serve as General Manager, HealthSparq, overseeing the new health plan business unit at the company. “I’m excited for what lies ahead as we combine efforts to dismantle silos and help people find the right care for their unique needs.”
The creation of a platform bridging health systems and health plans comes at a time when digital is emerging as the preferred channel for people seeking care. Research shows that health system and health plan websites are among the top three sources people use to find providers online – and more than 40% of healthcare consumers want to book online once they’ve found a provider aligned with their needs. By combining, Kyruus and HealthSparq are enabling unprecedented connectivity between these traditionally disparate access channels and the provider data sources that power them.
Scott Andrews, who joined Kyruus in 2017 and most recently served as the company’s Chief Customer Officer, will now serve as General Manager, Health Systems. Under his leadership, Kyruus’ new health system business unit will focus on expanding the company’s impact with hospitals and health systems, as well as furthering growth in the medical group segment.
“It’s clear that both health systems and health plans recognize the immense opportunity before us to work together to reduce the complexity that surrounds care navigation today,” said Graham Gardner, MD, CEO of Kyruus. “We wanted to be in a position to help lead that change and work with forward-looking organizations seeking to simplify care navigation. I’m thrilled to welcome the HealthSparq team to accelerate that journey.”
About Kyruus
Kyruus delivers industry-defining provider search and scheduling solutions that help health systems match patients with the right providers across their enterprise-wide access points. Serving 300,000 providers across leading health systems nationwide, the Kyruus ProviderMatch® suite of solutions—for consumers, access centers, and care settings—enables a modern and consistent patient experience, while optimizing provider utilization. The company’s award-winning provider data management platform powers each of the ProviderMatch solutions and transforms how health systems understand and manage their provider networks. To find out why a Better Match Means Better Care®, visit www.kyruus.com.
About HealthSparq
At HealthSparq, we help people make smarter health care choices by partnering with health plans to provide members with cost and quality information about doctors, hospitals and medical services, based on their individual benefits. We put people at the core of everything we do by conducting continuous usability testing, eliciting consumer feedback to enhance product development, hosting industry panels featuring everyday people, and bringing human stories to the forefront through our #WTFix campaign. Using these insights, we create solutions to help people understand and navigate the health care system better than ever before. Growing since our 2012 corporate founding from our home in Portland, Oregon, we now serve more than 80 million members around the country. Contact us at HealthSparq.com or tweet us @HealthSparq.
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Media Contacts:
Aria Marketing for Kyruus and HealthSparq
Lindsey Honig
978-457-2177
lhonig@ariamarketing.com
