Talix, Inc. Spins Off As Independent Company, Secures $14 Million in…

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Having cumulative this spin of funding, Talix is good positioned to offer innovate and interrupt a medical risk composition space.

Talix, Inc., a auxiliary of Healthline Networks, currently announced it will spin off as an eccentric company. In and with Summit Partners’ announced investment in Healthline Networks’ media business, former Healthline Networks shareholders and investors will yield $14 million in appropriation to Talix. This collateral will be used to account a expansion of a company’s core risk composition product, Coding InSight, and support a growth of destiny applications in a designed apartment of studious risk government products powered by Talix’s exclusive HealthData Engine.

Dean Stephens will offer as a new Chief Executive Officer for Talix. Stephens has over 25 years of knowledge in healthcare, including co-founding and heading Healthline Networks. “Having cumulative this spin of funding, Talix is good positioned to offer innovate and interrupt a medical risk composition space. We are vehement for this new section and demeanour brazen to stability to broach value to both a flourishing fast of high-profile business and a shareholders,” pronounced Stephens.

Talix will continue to yield information record solutions to a normal business while it evolves a large studious information analytics capabilities. Continuing in executive roles with Talix will be Niraj Katwala, Murray Brozinsky, and Derek Gordon. Talix investors fasten a Board of Directors embody Phil Dur, representing Investor Growth Capital; Richard Harroch, VantagePoint Capital Partners; Kevin Brown, Reed Elsevier Ventures; and Mike Barber, General Electric Equity.

Talix was formed as a unconditionally owned auxiliary of Healthline Networks in Jan 2015. The association launched a initial SaaS application, Coding InSight, in Jun 2015 and sealed a initial patron for a product in Jul 2015. Since then, a focus has seen augmenting adoption among both medical provider and payer organizations.

Talix will be exhibiting and presenting during a 2016 HIMSS Conference in Feb and a 2016 RISE Nashville Summit in March, where it will underline product demonstrations and patron success box studies.

About Talix

Talix provides studious risk government solutions to assistance medical organizations residence a hurdles of value-based medical and risk-based contracts. Its SaaS applications precedence studious information analytics to spin structured and unstructured health information into actionable insights that expostulate softened risk adjustment, improved studious outcomes and reduced costs. For some-more information, greatfully revisit http://www.talix.com or follow @TalixHealth on Twitter.

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