Edifecs Announces Acquisition of Talix

Hitesh
thehealthco

Edifecs, Inc., a health information technology solutions company, announced today that it has acquired Talix, an information technology company that provides risk and quality solutions to healthcare payers and providers.

The integration of Edifecs’ and Talix’s technologies will create an expanded risk adjustment solution with critical workflows and insights that improve efficiencies and directly support payer and provider collaboration.

“The more we learned about Talix, the more impressed we were with the company, their leadership team, and their patent-awarded technology,” said Venkat Kavarthapu, CEO of Edifecs. “Talix has deep NLP capabilities in the industry with a custom-built taxonomy of over a million health concepts. Our customers will be able to apply Talix’s deep semantic understanding of health concepts into their workflows to enable faster and more accurate documentation, ultimately raising quality and lowering costs further.”

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