Houston, TX – August 8, 2018 – Dynamic Health Strategies, LLC (DHS Group) is pleased to announce the acquisition of Connect, a patient information network and suite of healthcare software and hardware products (renamed SecurePass) from Ohio-based Olive (f/k/a CrossChx).
The DHS SecurePass app gives patients the ability to refer to their health data as needed and check into appointments via the SecurePass kiosk, biometric reader or website; speeding up the registration process and eliminating the need to provide manual and repetitive information through paper forms.
“Any physician office, clinic or hospital can access patient’s information from a DHS Group website using the SecurePass app. Whether registration is via kiosk, key-entry or biometric scanner, the patient’s identity is protected and the process is quick and easy,” DHS Group CEO Jim Pritchett, said. “With SecurePass, DHS Group elegantly links patients’ key data with hospitals and healthcare providers, SecurePass generates high-quality and secure registration data by way of an affordable, easy-to-use and rapid process. Furthermore, SecurePass identifies duplicate medical records, helps protect against medical identity theft, transfers patient information between departments, sends appointment reminders and more.”
For tighter connectivity and expanded offerings, hospitals can use SecurePass in conjunction with employers who use DHS Group’s HealthSpective platform, an employer wellness and benefits system. By linking with HealthSpective, health systems can find and attract employers and clients for direct contracting purposes.
The DHS SecurePass Mobile App is available for free download in both the Apple App and Google Play stores.
Providers interested in learning how to streamline their registration processes while protecting patients’ medical identity should visit http://www.dhsgroup.com for additional information.
Fairmount Partners acted as financial advisor to DHS Group.
Thompson & Knight, LLP served as legal advisor to DHS Group.
About DHS GROUP
In the continuously evolving healthcare industry, one thing remains constant: Forward-thinking hospitals continue to seek and embrace new streams of long-term revenue. DHS Group’s HealthSpective is an employee benefits and wellness solution that uniquely helps hospitals create satisfied patient consumers and also gain a strategic foothold with large employers. We elegantly link your system with those of patients or employers, creating a seamless connection for wellness care between you, patients and employees — efficiently and securely.
About Olive (f/k/a CrossChx)
Olive is a healthcare-specific artificial intelligence and process automation company that empowers healthcare organizations to improve efficiency and patient care while reducing costly administrative errors. Its eponymous AI solution, Olive, acts as the intelligent router between systems and data by automating repetitive, high-volume tasks and workflows, providing true interoperability. Olive has helped healthcare organizations reduce data and billing errors, eliminate denials for no coverage, improve cash collections by reducing days in A/R, and more. To learn more and receive updates, visit hireolive.com.
About Fairmount Partners
Fairmount Partners advises middle-market growth companies on mergers and acquisitions, capital-raising and strategy. We have completed more than 200 transactions spanning North and South America, Europe, Asia and Australia. Our Technology Group’s current focus areas include: (i) Big Data / Data Aggregation and Analytics (“DAA”); (ii) Software as a Service (SaaS) and related technology-enabled services; (iii) Cloud Technology and Services; (iv) Internet Commerce and Services; and (v) Digital Media / Ad Tech. Specific vertical-industry experience includes healthcare, energy, retail, telecommunications, electronics, aerospace & defense and financial among others. For more information, visit: http://www.fairmountpartners.com.\
Contact: Allen Born