March 25, 2017 2:51 AM ET

Health Care Technology

Company Overview of NaviNet, Inc.

Company Overview

NaviNet, Inc. operates a healthcare collaboration network to connect health plans and physicians in the United States. The company offers NaviNet Open, a payer-provider collaboration solution that consists of a platform, a set of network services, a suite of applications, and a set of tools. Its NaviNet Open platform is also used for developing network-based applications; and handles basic HIPAA transactions, such as eligibility, claims management, referrals, and authorizations to deliver value-based care. NaviNet, Inc. was formerly known as NaviMedix, Inc. and changed its name to NaviNet, Inc. in May 2009. The company was incorporated in 1997 and is based in Boston, Massachusetts. As of Jan...

179 Lincoln Street

Boston, MA 02111

United States

Founded in 1997

Phone:

617-715-6000

Fax:

617-715-7800

Key Executives for NaviNet, Inc.

Co-Founder
Age: 62
Chief Financial Officer
Vice President of Professional Services
Vice President of Product Management
Compensation as of Fiscal Year 2016.

NaviNet, Inc. Key Developments

NaviNet, Inc. Enters Strategic Partnership with SpendWell Health Inc

NaviNet, Inc. announced a strategic partnership with SpendWell Health Inc. to provide health plans, third-party administrators (TPAs) and self-funded employers with an e-commerce platform that enables members to purchase bundled healthcare services directly from providers. SpendWell’s retail marketplace provides an effective solution for consumers struggling with rising out-of-pocket healthcare costs while giving them more visibility into their actual cost of care. By integrating SpendWell with NaviNet’s multi-payer portal platform, this joint solution helps payers and providers reduce administrative costs associated with eligibility verification, claims submissions, collection risks and customer service calls. It also improves member satisfaction and retention in an increasingly competitive marketplace. The SpendWell e-commerce platform seamlessly plugs into a payer’s existing member portal, helping plans to improve patient loyalty, satisfaction and engagement. Integration with NaviNet Open enables a health plan’s network of providers to quickly process marketplace orders, submit claims for services rendered, and receive payment, all within NaviNet’s user-friendly, multi-payer portal experience.

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Recent Private Companies Transactions

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Target
No transactions available in the past 12 months.
 

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