September 25, 2014 | By Rey Villar
LaunchPoint divisions, Discovery Health Partners and Ajilitee, reach growing Medicaid market
LaunchPoint announces its selection as a Preferred Vendor by the Association for Community Affiliated Plans (ACAP). Included in this selection are Discovery Health Partners and Ajilitee, LaunchPoint’s two divisions. Discovery Health Partners provides payment integrity solutions and analytics for healthcare payers, while sister division Ajilitee provides healthcare information and analytics consulting services. The ACAP Preferred Vendor Program provides streamlined access to vendors who understand the unique needs of ACAP plans. According to ACAP, each preferred vendor has been sponsored by one ACAP plan — and approved by all.
“We are pleased to have been selected by ACAP for this prestigious membership,” said Terrence Ryan, LaunchPoint CEO. “By combining our technical expertise in information management and cloud enablement with business expertise in payment integrity and analytics, we believe we can help ACAP members manage more nimbly, reduce cost and waste, and grow their market share.”
As part of the ACAP preferred vendor status, LaunchPoint participates in the invitation-only CEO Summit held annually in Washington, D.C. In addition, LaunchPoint is offering a webinar to ACAP members on “Next-Generation Subrogation for Medicaid Plans” on Oct. 21 featuring veteran subrogation expert Elizabeth Longo, general counsel, Discovery Health Partners.
ACAP is a national trade association representing 58 nonprofit safety net health plans in 24 states. ACAP’s mission is to represent and strengthen not-for-profit, safety net health plans as they work with providers and caregivers in their communities to improve the health and well-being of vulnerable populations in a cost-effective manner. Collectively, ACAP plans serve more than 11 million enrollees, representing more than 50 percent of individuals enrolled in Medicaid-focused health plans.
“ACAP is happy to welcome LaunchPoint to our group of Preferred Vendors,” said Meg Murray, CEO, ACAP. “With its deep expertise in technology, services, and solutions for payers today, they are an asset to ACAP members across the country.”
LaunchPoint operates businesses that provide cloud-based analytic solutions and services for healthcare enterprises. Its two divisions are Discovery Health Partners, provider of payment integrity solutions and analytics for healthcare payers, and Ajilitee, a healthcare information and analytics consulting business. LaunchPoint was recently named the 100th fastest growing company on the 2014 Inc. 500 list.