Vivisimo Lands HCPro Deal
July 3, 2009
Vivisimo has a new client. HCPro, a health care regulation and revenue cycle management company, will use the Velocity platform, to power MedicareFind.com. That Web site offers definable search of a comprehensive database of Medicare rules, regulations, and CMS documents governing reimbursement–a critical tool for many companies in the health care business. According to a press release here, “Velocity’s ease of implementation, flexible user interface and social search features were key business drivers in selecting Vivisimo to power MedicareFind.com.” MedicareFind.com is a part of HCPro Inc., a portfolio company of Halyard Investments. Halyard is a private equity firm with more than $600 million of capital under management focused on investing in media, communications, and business services companies. If this is the type of company Vivismo is getting contracts with, they may be an even bigger player in search very soon.
Jessica Bratcher, July 3, 2009