Validic Named A "Cool Vendor" For 2014 By Gartner - KPTV - FOX 12

Validic Named A "Cool Vendor" For 2014 By Gartner

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SOURCE Validic

DURHAM, N.C., April 30, 2014 /PRNewswire/ --Validic, the healthcare industry's premier technology platform for accessing digital health data, announced today that it was featured in the "2014 Cool Vendors for Healthcare Payers" report by Gartner, Inc.

Every year, Gartner selects a list of "Cool Vendors" representing innovative technologies and business models. Gartner's "2014 Cool Vendor for Healthcare Payers" report evaluates products providing bundled payments, home monitoring, medical identity protection, and wellness application and device integration. Gartner's report includes companies pioneering healthcare solutions that are indicators of new directions in the market.

The April 2014 report, authored by Principal Research Analyst Jeff Cribs, states, "Validic was early to recognize an unfulfilled need in the rapidly growing market for wellness apps and devices - the ability to capture and normalize wellness data from the vast array of devices and apps available on the consumer market today. The fundamental point of these devices and apps is to give consumers control over the experience of improving their health. However, businesses - including payers, employers and wellness technology vendors - also want to integrate these devices, and the data they capture, into care management and wellness programs, as well as benefit design."

The report adds: "By aggregating and normalizing data from more than 87 wellness apps and devices - covering more than 98% of the total usage of wellness apps and devices today - Validic supports bring-your-own-device programs that preserve the member's ability to choose his or her wellness experience, while limiting integration and costs and errors."

Healthcare organizations see the integration of digital health technology as a key imperative to help them focus on improving the experience of care, bettering the overall health of the population and reducing per capita healthcare costs.

"As one of only a few companies listed in this healthcare category, we are honored to be recognized by such a prestigious and globally-respected organization, as Gartner," said Ryan Beckland, co-founder and CEO of Validic. "Today's healthcare organizations are seeing an increased pressure and need to integrate with clinical and mobile health devices, wearables and patient healthcare applications. Validic enables quick, efficient access to actionable digital health data. Because of the speed and quality of our data delivery, our clients recognize the market advantage we provide and have the ability to focus valuable resources on moving healthcare towards preventive diagnosis, predictive treatment and faster health innovation." 

About Validic:

Validic is the healthcare industry's premier technology platform for convenient, easy data access to a world of digital health and in-home devices, wearables and patient healthcare applications. By connecting its growing base of customers - that includes providers, pharmaceutical companies, payers, wellness companies and health systems - to the continuously expanding list of digital health technologies, Validic enables healthcare companies to better coordinate care across their communities, improve their patient engagement strategies and more efficiently manage their patient populations. Validic's innovative, scalable and reliable technology delivers actionable, standardized, FDA Class I MDDS, HIPAA-compliant consumer health data from best in-class mobile health devices and applications. Validic's leading global mobile health ecosystem reaches over 92 million lives and continues to grow daily. To learn more about Validic, please follow us on Twitter @Validic or visit www.validic.com.

About the Cool Vendors Report:

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Media Contact:                                    
Ashley Needham               
865-805-4121
ashley@validic.com

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