NantHealth and Sesame Announce Collaboration to Help Providers Increase Productivity and Better Serve Patients
26 January 2021 - 12:00AM
Business Wire
Program to offer patients direct access to
affordable, high-quality care
NantHealth, Inc. (NASDAQ: NH), a provider of enterprise
solutions that help businesses transform complex data into
actionable insights, today announced a collaboration with Sesame, a
direct-to-patient healthcare platform offering affordable prices
for in-person and virtual care. The program gives providers the
tools needed to offer patients direct access to affordable,
high-quality care while increasing practice revenue up to 25% per
patient visit by reducing administrative costs. With just under
half of the adult U.S. population uninsured or underinsured, Sesame
and NantHealth are working together to educate providers on
direct-to-patient and virtual care, enabling them to scale their
practices faster.
As one of the largest and fastest-growing healthcare
marketplaces in the U.S., hundreds of thousands of consumers use
Sesame to search for and purchase health services, including doctor
visits, dentistry, dermatology, imaging, and more. The platform has
raised over $23 million in funding to scale the model of direct-pay
health care. Sesame’s direct-pay solution allows uninsured or
underinsured patients – as well as those with high deductible
health plans – to find affordable, high-quality care and allows
providers to set clear, transparent prices, receive payment
upfront, list hours that are most convenient for them, and connect
with patients virtually or in-person.
NantHealth’s NaviNet®, one of the nation’s leading
payer-provider collaboration platforms, allows providers to
exchange vital administrative, financial, and clinical information
in real-time. Working with Sesame, providers registered on the
NaviNet platform have access to a unique solution to provide access
to high-quality care at affordable rates. As the United States
healthcare system has adapted to its present challenges,
direct-to-patient care has accelerated during this time and will
continue to be a critical solution moving forward for both patients
and providers.
"Given that millions of Americans have lost their
employer-provided insurance in 2020, it's more important than ever
to expand options for affordable healthcare," said David Goldhill,
CEO and Co-founder, Sesame. "We are delighted to work with
NantHealth, a premier SaaS company and leading supplier of
payer-provider engagement solutions. Our collaboration, in service
of NaviNet providers and their patients, gives providers turnkey
solutions to grow their practices and increase revenue by 25% per
visit. It also allows for their patients to gain access to care for
everything, from a video doctor visit to an MRI or CT scan, at more
affordable prices than they can find anywhere else.”
“We’re excited to be working with Sesame to enable providers
with the tools they need to succeed in developing new offerings and
providing access to high-quality care for their patients,” said
Mark Mozley, Senior Vice President, Global Sales & Marketing,
NantHealth. “As an additional solution for NaviNet’s provider
audience, NantHealth will continue to drive engagement and
education surrounding direct-to-patient care and Sesame’s key role
in this marketplace.”
About NantHealth, Inc.
NantHealth, a member of the NantWorks ecosystem of companies,
provides enterprise solutions that help businesses transform
complex data into actionable insights. By offering efficient ways
to move, interpret, and visualize complex and highly sensitive
information, NantHealth enables customers in healthcare, life
sciences, logistics, telecommunications and other industries to
automate, understand and act on data while keeping it secure and
scalable. NantHealth’s product portfolio comprises the latest
technology in payer/provider collaboration platforms for real-time
coverage decision support (Eviti and NaviNet), molecular analysis
(GPS Cancer), and data solutions that provide multi-data analysis,
reporting and professional services offerings. OpenNMS, a
NantHealth subsidiary, helps businesses monitor and manage network
health and performance. For more information, visit nanthealth.com,
follow us on Twitter, Facebook and LinkedIn, and subscribe to our
blog.
Forward Looking Statement
This news release contains certain statements of a
forward-looking nature relating to future events or future business
performance. Forward-looking statements can be identified by the
words “expects,” “anticipates,” “believes,” “intends,” “estimates,”
“plans,” “will,” “outlook” and similar expressions. Forward-looking
statements are based on management’s current plans, estimates,
assumptions and projections, and speak only as of the date they are
made. Risks and uncertainties include, but are not limited to: our
ability to successfully integrate a complex learning system to
address a wide range of healthcare issues; our ability to
successfully amass the requisite data to achieve maximum network
effects; appropriately allocating financial and human resources
across a broad array of product and service offerings; raising
additional capital as necessary to fund our operations; achieving
significant commercial market acceptance for our sequencing and
molecular analysis solutions; establish relationships with, key
thought leaders or payers’ key decision makers in order to
establish GPS Cancer as a standard of care for patients with
cancer; our ability to grow the market for our Systems
Infrastructure, and applications; successfully enhancing our
Systems Infrastructure and applications to achieve market
acceptance and keep pace with technological developments; customer
concentration; competition; security breaches; bandwidth
limitations; our ability to integrate OpenNMS into our operations;;
our ability to obtain regulatory approvals; dependence upon senior
management; the need to comply with and meet applicable laws and
regulations; unexpected adverse events; clinical adoption and
market acceptance of GPS Cancer; and anticipated cost savings. We
undertake no obligation to update any forward-looking statement in
light of new information or future events, except as otherwise
required by law. Forward-looking statements involve inherent risks
and uncertainties, most of which are difficult to predict and are
generally beyond our control. Actual results or outcomes may differ
materially from those implied by the forward-looking statements as
a result of the impact of a number of factors, many of which are
discussed in more detail in our reports filed with the Securities
and Exchange Commission.
About Sesame
Founded in 2018, Sesame is a direct-to-patient healthcare
company making quality care more accessible, affordable, and
transparent. By offering a platform that connects providers and
patients directly, separate from health insurance, Sesame removes
the intermediaries and complexities of the healthcare system.
Sesame’s mission is to ensure quality health care is accessible to
all Americans who need it, regardless of their insurance status
while benefiting providers who seek to meet the needs of their
patients. For more info, visit https://sesamecare.com/.
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Jen Hodson NANT Jen@nant.com 562-397-3639
NantHealth (NASDAQ:NH)
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