RTI International Announces Investment and Partnership with SPH Analytics
RESEARCH TRIANGLE PARK, N.C. — RTI International (RTI), a leading research institute, today announced an investment in SPH Analytics (SPH), a portfolio company of STG Partners (STG) focused on health care analytics and population health management. The transaction includes RTI becoming a minority equity investor in SPH.
In addition to becoming an investor, RTI will partner with SPH to advance the goals of value-based health care, which include improving population health, reducing overall cost of care and improving the patient experience. RTI will also work with SPH to extend its research and consulting services to improve the health and well-being of individuals, communities and populations.
“Evidence-based solutions with real-world relevance are key to helping payers and providers improve decision-making as they transition to value-based care,” said Linda Dimitropoulos, PhD, Vice President of the Division for eHealth, Quality and Analytics at RTI International. “SPH’s extensive portfolio of patient and member experience surveys and engagement programs are highly complementary with RTI’s scientific leadership in maximizing the impact of available data to help organizations implement value-based care and improve health care experiences and outcomes for high-risk populations.”
SPH’s award-winning Triple Aim solutions use clinical, financial, consumer data and industry-leading analytics to provide insights and impact to health plans, integrated health networks, Accountable Care Organizations, hospitals, ambulatory care providers and physician groups. SPH is the nation’s largest member experience measurement and analytics firm and has been serving clients for more than 25 years.
“We are excited to be an investment partner with STG and add our support to the team at SPH,” said Matt Jenkins, Vice President and head of corporate development at RTI International. “This deal fits well with our existing investment portfolio and philosophy of investing alongside strong management teams and investment partners in select health care domains. SPH’s focus on improving patient experience is well aligned with RTI’s mission to improve the human condition by turning knowledge into practice.”
“We are thrilled to have the support of RTI as we commence the next stage of growth for SPH,” said Amy Amick, President and CEO of SPH Analytics. “SPH’s technology and data offerings coupled with RTI’s breadth and depth of expertise across population health, finance and payment, safety and quality, and health data analytics will help drive real impact for our clients as they adopt value-based care models and ultimately improve health for the communities they serve.”
About RTI International
RTI International is an independent, non-profit research institute dedicated to improving the human condition. Clients rely on us to answer questions that demand an objective and multidisciplinary approach—one that integrates expertise across the social and laboratory sciences, engineering and international development. We believe in the promise of science, and we are inspired every day to deliver on that promise for the good of people, communities and businesses around the world. For more information, visit http://www.rti.org.
About SPH Analytics
SPH Analytics (SPH), a leader in health care analytics and population health management, empowers clients to analyze and interpret their clinical, financial and consumer experience data to maximize their performance. SPH’s Population Care, Population Value and Population Engage solutions are built on the innovative Nexus Platform, providing insights and impact to integrated health networks, ACOs, hospitals, ambulatory care providers, physician groups and health plans. SPH’s quality measure dashboards, financial risk measurement, health care survey and patient outreach solutions, and consulting services empower clients to meet the Triple Aim by improving population health, reducing overall cost of care and improving the patient experience.
SPH is a recognized leader in the industry, earning accolades as a top ranked population health vendor by KLAS, ranked the number one analytics firm out of the top 50 disruptive health IT companies by Black Book Research, and ranked number one in MACRA and MIPS Support Technology for Value-Based Care by Black Book Research. SPH has been providing insights to clients for more than 25 years and serves clients in all 50 states. Corporate headquarters are in metro Atlanta. SPH is a portfolio company of the $3 billion STG Partners. For more information, call 1-866-460-5681 or visit http://www.SPHAnalytics.com.