Bon Secours Mercy Health Makes Growth Investment in Trilliant Health
July 22 2021 - 8:00AM
Business Wire
Leading Catholic health system’s investment
will accelerate Trilliant’s predictive analytics platform
Trilliant Health, a health care analytics company that helps
providers develop strategies for increasing market share growth and
predicting consumer preferences to improve patient experience,
today announced it has added Bon Secours Mercy Health as a
strategic growth investor. The investment will help the company
accelerate the development of its predictive analytics platform and
joins previous investments made by Primus Capital, Providence
Ventures, Martin Ventures, Noro-Moseley Partners and Nashville
Capital Network.
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As part of the investment, Deepesh Chandra, chief analytics
officer at Bon Secours Mercy Health, will join Trilliant Health’s
Board of Directors as an observer.
“At a time of unprecedented disruption across the U.S. health
care system, Trilliant Health provides health systems with critical
insight into national and local trends shaping the health care
economy,” said Brian Smith, president and COO of Bon Secours Mercy
Health. “Health care providers increasingly need advanced analytics
powering every business decision. Trilliant Health is a leader in
this space, and we view this investment as an important step in how
we will use data to serve our Mission, patients and
communities.”
“Trilliant is thrilled to expand its relationship with Bon
Secours Mercy Health by adding it as a strategic investor. The
leadership of Bon Secours Mercy Health has a keen understanding of
the challenges that health care systems face in providing the
highest-quality care at the best value to patients. Their
commitment to deploying analytics at scale for developing
data-driven strategies demonstrates why Bon Secours Mercy Health is
a market leader,” said Hal Andrews, president and CEO of Trilliant
Health. “By combining this investment with the expertise of Deepesh
Chandra as a board observer, Trilliant Health is in a better
position to execute our goals more rapidly.”
Trilliant is trusted by more than 75 of the top U.S. health
systems that encompass more than 1,500 hospitals. The company
recently published its landmark report, “2021 Trends Shaping the
Post-Pandemic Health Economy,” which includes an in-depth look into
the U.S. health care system’s supply and demand issues.
About Trilliant Health
Trilliant Health is an analytics and data science company that
provides evidence-based strategies to empower intelligent patient
acquisition. By synthesizing a variety of first-party and
third-party data sets, Trilliant Health provides a comprehensive
view into market dynamics that enables healthcare providers to find
the most efficient and effective solutions for growth in their
markets. For more information, please visit
trillianthealth.com.
About Bon Secours Mercy Health
Bon Secours Mercy Health is one of the 20 largest health systems
in the United States and the fifth-largest Catholic health system
in the country. The ministry’s quality, compassionate care is
provided by more than 60,000 associates serving communities in
Florida, Kentucky, Maryland, New York, Ohio, South Carolina and
Virginia, as well as throughout Ireland. Bon Secours Mercy Health
provides care for patients more than 11 million times annually
through its network of more than 1,200 care sites, which includes
50 hospitals, as well as home health agencies, hospice, skilled
nursing and assisted living facilities. Consistent with its
commitment to serve each patient with dignity, Bon Secours Mercy
Health provides more than $2 million per day in community benefit.
The Mission of Bon Secours Mercy Health is to extend the
compassionate ministry of Jesus by improving the health and
well-being of its communities and bring good help to those in need,
especially people who are poor, dying and underserved. For more
information, visit https://bsmhealth.org/.
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Maggie Jackson 615.397.0579
maggie.jackson@trillianthealth.com
Carol Billingsley Carol_billingsley@bshsi.org