Kyruus targets medical group market with acquisition of Epion Health
Kyruus is acquiring patient engagement platform Epion Health.
The two companies will reach more than 500 health systems and medical groups, giving them access to provider search, patient check-in, payment collection, scheduling, and more.
“Epion Health is a trusted partner to hundreds of health systems and medical practices,” said Kyruus Founder and CEO Graham Gardner, M.D., said in an earlier announcement about the acquisition. “By bringing our solutions together, we are uniquely positioned to deliver an end-to-end offering that makes it easy for patients to find and schedule care, complete pre-visit tasks, and meaningfully engage with their providers regardless of where they begin their search.”
Epion CEO Joe Blewitt echoed Dr. Gardner, saying that the combination of the two companies’ platforms will make it easier for patients to connect with providers and healthcare organizations of all sizes, in all markets.
Epion’s core product is a customizable digital check-in tool, and the company’s clients have historically been smaller practices. Kyruus, on the other hand, started with bigger clients and is now expanding into smaller medical groups and health institutions.
Kyruus Founder and CEO Graham Gardner, M.D., said the company’s interest in the acquisition rose due to existing customer requests. Smaller medical groups wanted assistance with digital patient intake. In addition, payers expressed their “vested interest” in polishing workflows at community providers.
With the acquisition, Epion will connect its more than 11,000 providers to payers through HealthSparq, which Kyruus acquired in 2021. The Kyruus-HealthSparq platforms create a bridge between personalized plan benefits with real-time provider availability. This allows health systems to access health plan sites and to engage patients.
Kyruus and Epion do not anticipate any major modifications to Epion’s product are expected, now that the two companies are working together.
Given how complicated healthcare already is, “the more you can stitch together the different features into one platform, the easier it is,” said Dr. Gardner.
Executives at both companies said Epion will maintain its own brand after the acquisition, but “that will continue to be evaluated as Kyruus grows.” The financial terms of the deal were not disclosed.
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