Datavant Group is the nation’s largest health data ecosystem, enabling patients, providers, payers, health data analytics companies, patient-facing applications, government agencies, and life science companies to securely exchange and organize their patient-level data. The company is focused on improving patient outcomes and reducing costs by removing impediments to the secure exchange of health data. Datavant Group offers the ability to access, exchange, and connect data among the thousands of organizations in its ecosystem for use cases ranging from better clinical care and value-based payments, to health analytics and medical research. Datavant Group’s ecosystem includes more than 2,000 U.S. hospitals, 15,000 clinics, 120 health plans, 100 health data analytics companies, 30 life science companies, 70 academic institutions and non-profits, and 75 state, local, and federal government agencies.
Datavant Group was formed through the combination of Ciox Health, the largest clinical data exchange platform in the U.S., and Datavant, the leader in helping healthcare organizations securely connect their data. Prior to its merger with Ciox Health, New Mountain had been tracking Datavant for several years and reengaged with the company in early 2021 to consummate a transaction on an exclusive basis. New Mountain’s original investment in Ciox Health is the result of the firm’s “deep dive” initiative in the healthcare sector, with a particular focus on clinical information and healthcare technology. Ciox Health was created by the 2016 merger of four industry-leading companies – HealthPort, IOD, Care Communications, and ECS – that were all identified and acquired by New Mountain on an exclusive, proprietary basis between December 2014 and September 2015.