Healthcare operations service provider Sagility officially acquired BroadPath Healthcare Solutions, a Tucson-based company renowned for its expertise in healthcare services, on Thursday (January 30). With a workforce of over 1,600 employees spanning the US and the Philippines, BroadPath will bring significant strength to Sagility’s growing portfolio. While the financial details of the deal remain undisclosed, the acquisition marks a strategic move to enhance Sagility’s capabilities in the healthcare sector.
The company’s service offerings include member engagement, acquisition, claims and appeals administration, as well as provider enrollment and credentialing.
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This acquisition would enable Sagility to diversify its client base and enhance its service portfolio. The deal adds more than 30 new clients, strengthening Sagility’s foothold in the competitive healthcare services market, particularly among the top ten largest health plans in the US.
Additionally, the acquisition provides an opportunity for the company to introduce its extensive suite of services, including automation, analytics, and artificial intelligence, to a broader range of clients, including payers, third-party administrators, and providers.
BroadPath’s proven work-from-home model, which has been in place since before the COVID-19 pandemic, stands out through its proprietary Bhive platform.
“We are very excited to add a sizeable number of clients through the acquisition of BroadPath. Their unrelenting focus on clients and employees aligns well with our beliefs and we are confident of seamlessly integrating BroadPath’s clients and employees into our larger organization,” said Ramesh Gopalan, Managing Director and Group Chief Executive Officer of Sagility.
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The platform enhances employee engagement and optimizes performance metrics, creating a positive experience for both employees and clients. This model is expected to integrate seamlessly with Sagility’s existing operations, driving continued efficiency improvements.
Don Hubman, CEO of BroadPath Healthcare Solutions, emphasized the benefits for clients. “Our clients will now have access to an expanded suite of services from Sagility, including innovative capabilities that can drive greater efficiency and improved member engagement. This acquisition enhances our ability to deliver even more value to the healthcare sector.”
The acquisition further solidifies Sagility’s position as a prominent player in the healthcare services space,
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