Aver has rebranded to Enlace Health and offers an end-to-end, flexible solution that bridges technical silos and enables payers, providers, and patients to operate in a value-based care environment. The Enlace solution runs in the background and supports any healthcare delivery model, from retrospective programs to prospective and complete-risk arrangements. Its continuously active "Design, Analyze, Implement, Administer" process leverages deep client partnerships to drive product innovation without disrupting existing systems. The company positions the Enlace brand as the foundation for organic growth and strategic partnerships and aims to be a forerunner of new products and services needed for sustainable healthcare. Early success and growing awareness indicate increasing market acceptance of its approach. Financially, the company has secured a $58-plus million investment to accelerate scale and deployment of the Enlace Health platform. Aver Informatics sells software that groups treatments into "episodes of care" and generates a single bill for an entire course of treatment rather than individual procedure charges. The product reconstitutes fee-for-service claims into event-based data, adds time elements, and identifies standard progressions of care to lower costs. The company was launched by Kurt Brenkus in June 2010 and is based in Green Bay, Wis. Early customers reported material savings, including one client that saved $500,000 within three months; Aver says its 15 customers are saving 10% to 50% on payments across patient populations. Recent customer additions include the University of Pittsburgh Medical Center and Molina Healthcare, and Molina is working with Aver on state-level episode-based payment programs in Ohio. Aver has participated in Startup Health through a joint venture with GE Ventures, reflecting its ties to larger healthcare investors and accelerators.

Total raised

$67M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2021