June 18, 2013 10:47 PM ET

Health Care Technology

Company Overview of NaviNet, Inc.

Company Overview

NaviNet, Inc. operates as a real-time health care communications network for physicians, hospitals, and health insurers. It provides single-source access to patient-centric administrative, financial, and clinical information. The company links health plans, industry partners, and government to various physicians and other health care professionals. It offers unified patient information management that provides single-source access to a patient's administrative, financial, and clinical information from health plans, physicians, healthcare service providers, and other data sources; Insurer Connect, a multi-payer portal for provider communication management, referral and authorization managemen...

Detailed Description

179 Lincoln Street

Boston, MA 02111

United States

Founded in 1997

Phone:

617-715-6000

Fax:

617-715-7800

www.navinet.net

Key Executives for NaviNet, Inc.

Chief Executive Officer and President
Age: 62
Co-Founder
Age: 58
Chief Financial Officer
Chief Operations Officer and Executive Vice President
Compensation as of Fiscal Year 2012.

NaviNet, Inc. Key Developments

NaviNet, Inc. Appoints Daniel Timblin as Chief Financial Officer

NaviNet, Inc. announced that it has appointed Daniel Timblin Chief Financial Officer. Most recently a member of BlueCross BlueShield of Tennessee's leadership team, Timblin will oversee all of NaviNet's financial-related activities, including the development, implementation, and ongoing evaluation of the company's short- and long-term strategic financial objectives, compliance, and regulatory affairs. Timblin brings a formidable background in finance, with more than 15 years of experience and strong relationships with key healthcare payer and provider organizations across the country. During his seven-year career with BlueCross BlueShield of Tennessee, he held several senior finance and strategy roles that helped the organization strengthen its market-leading position in Tennessee, refocus the business to improve the collaboration between healthcare payers and providers, and prepare for industry reform.

NaviNet, Inc. Appoints Frank Ingari as its Chief Executive Officer Succeeding Bradley J. Waugh

NaviNet, Inc. announced that it has appointed Frank Ingari as Chief Executive Officer. Ingari succeeds Bradley J. Waugh, under whose leadership NaviNet built the real-time communication network for physicians, hospitals, and health insurers, connecting nearly 70% of clinician offices and hospital facilities in the United States. Ingari brings more than 30 years of executive experience to the company. Most recently, he was Chief Executive Officer of Essence Healthcare Inc. Under Ingari's leadership, Essence Healthcare pioneered an innovative accountable care solution with its sister company Lumeris Corporation to deliver world-class population management tools, clinical informatics, and information delivery systems to its members and contracted physicians. Ingari will continue to serve as a director on the board of Essence Group Holdings (EGHC), the parent company of EHI and Lumeris.

NaviNet, Inc. and CoverMyMeds LLC Improve E-Prescribing Through New Electronic Prior Authorization Management Solution

NaviNet, Inc. and CoverMyMeds LLC announced that they have entered into a strategic partnership to offer a multi-payer solution for electronic drug prior authorizations (ePAs). Prescribers, clinical staff, and support staff will be able to use NaviNet to respond to ePA requests generated through most U.S. pharmacies. Support for prescription drug prior authorizations is offered as an extension of NaviNet's medical prior authorization process. Starting immediately, health plans and pharmacy benefit managers (PBMs) may contract with NaviNet for electronic interchange of ePAs using one of the several candidate standards being evaluated by members of the National Council for Prescription Drug Programs (NCPDP). NaviNet and CoverMyMeds will work closely with payer partners to leverage the NCPDP's emerging standards to drive ePA adoption in the marketplace.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 11, 2013
NaviNet, Inc., 3,400 Navinet EMR and PM Providers
 

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