Netsmart Acquires Tellus — Adds Seamless Electronic Visit Verification Capabilities & Enhancements To The Netsmart Population Health Management Offering
GETTYSBURG, Pa. (October 25, 2020) — Netsmart announced today the acquisition of Tellus, a Florida-based provider of Electronic Visit Verification (EVV), mobile care delivery and claims processing technology designed especially for the home health, long-term care, state and human services markets. The acquisition of Tellus demonstrates how Netsmart is committed to an evolving healthcare system, connecting providers, states and payers as well as meeting federal regulatory changes in the post-acute and human services communities.
“We are thrilled to expand the CareFabric platform with the additional capabilities from the Tellus suite of electronic visit verification solutions,” said Netsmart CEO Mike Valentine. “For larger organizations in post-acute and human services providing services across multiple states, our clients will be able to make one connection to our EVV network and deliver the required visit and claims data regardless of the payer or state. The addition of Tellus builds upon our EHR agnostic suite of solutions and services.”
Under the 21st Century Cures Act, states are required to use EVV for personal care services by January 1, 2021, and for certified home health care services by January 1, 2023. Many states are making EVV a requirement for human services providers who offer intellectual/developmental disabilities (I/DD) and in some cases applied behavioral analysis (ABA) services. Netsmart will have solutions available to meet these requirements.
“We are excited to join the largest community-based technology provider to combine forces and expand the usage of our eVV™ across both the post-acute and human services communities,” said Tellus CEO Brad Levine. “Netsmart values the people and technology we are bringing to the team, and we look forward to improving patient care together.”
The Tellus system has been selected by several states as their EVV aggregation solution and is used by many managed care organizations (MCOs) and thousands of providers. The Tellus eVV solution is a powerful, HIPAA-compliant solution that goes beyond simple CMS compliance. Additionally, Tellus eVV has a variety of features including appointment scheduling, caregiver check in and check out, documentation capabilities, visit alerts, verification delivery time and tasks, billing and claims processing, robust reporting, electronic signature collection and other point of care functions.
“We are looking forward to the opportunity to shift toward home-based care and the ability to capture more social determinants of health (SDoH) and share that information via the EVV solutions to improve population health management,” said Valentine. “The ability to easily share this data with states and payers brings additional information to Netsmart clients to enable them to make the best care decisions for the individual.”
About Tellus
Tellus is a leading home health care technology provider focused on EVV solutions. Tellus is proud to be the provider of choice among a variety of states, managed care organizations, and provider agencies. The company’s comprehensive, cloud-based solutions work to simplify, streamline, and quickly and easily verify care delivery tasks and process claims data right at the point of care. That means agencies, caregivers and patients can focus their time and attention on what matters most — improved patient care with better outcomes, greater efficiency, and cost reduction. For more information about Tellus, visit http://www.4tellus.com
Bailey Southwell & Co. served as the exclusive strategic and financial advisor to Tellus on the transaction.
About Netsmart
Netsmart designs, builds and delivers electronic health records (EHRs), health information exchanges (HIEs), population health management, analytics and telehealth solutions and services that are powerful, intuitive and easy-to-use. Our platform provides accurate, up-to-date information that is easily accessible to care team members in behavioral health, home health, senior living and social services. We make the complex simple and personalized so our clients can concentrate on what they do best: provide services and treatment that support whole-person care.
By leveraging the powerful Netsmart network, care providers can seamlessly and securely integrate information across communities, collaborate on the most effective treatments and improve outcomes for those in their care. Our streamlined systems and personalized workflows put relevant information at the fingertips of users when and where they need it.
For more than 50 years, Netsmart has been committed to providing a common platform to integrate care. SIMPLE. PERSONAL. POWERFUL.
Our more than 2,000 associates work hand-in-hand with our 600,000+ users in more than 30,000 organizations across the U.S. to develop and deploy technology that automates and coordinates everything from clinical to financial to administrative.
Learn more about how Netsmart is changing the face of healthcare today. Visit www.ntst.com, call 1-800-472-5509, follow us on our CareThreads Blog, LinkedIn and Twitter, like us on Facebook or visit us on YouTube.
Netsmart is pleased to support the EveryDayMatters® Foundation, which was established for behavioral health, care at home, senior living and social services organizations to learn from each other and share their causes and stories.
About OPEN MINDS
OPEN MINDS is an award-winning information source, executive education provider, and business solutions firm specializing in the domains of health and human services serving consumers with chronic conditions and complex support needs. For thirty years, we’ve been pioneers for change – helping organizations implement the transformational business practices they need to succeed in an evolving market with new reimbursement, competition, policies and regulations.
OPEN MINDS is powered by a national team of experienced executives and subject matter experts with specific expertise and experience in nine key market areas – mental health, addictions, chronic conditions, autism and intellectual/developmental disabilities, long-term care, children’s services, social services, juvenile justice, and corrections health care. Our mission is to improve the quality of care for consumers with complex support needs by improving the effectiveness of those serving them – provider organizations, payer and insurance organizations, government agencies, pharmaceutical organizations, and technology firms. Learn more at www.openminds.com.