Evolent Health, Inc. to acquire AI utilization management products and team from Machinify
Acquiring Company
Evolent Health
Acquired Company
Machinify
ArlingtonPalo AltoOtherHealth CareMedicalBiotechnologyHealth CareArtificial IntelligenceDescription
Evolent Health, Inc. has announced an agreement to acquire certain assets of Machinify, including the exclusive license of Machinify Auth, a proven software platform that utilizes advanced AI to enhance the clinical review process for all specialty conditions. This acquisition is expected to add significant value for Evolent's health plans, providers, and members, enabling the company to leapfrog standard industry processes and drive down costs while improving health outcomes.
Quick answer
Evolent Health is acquiring Machinify, announced June 4, 2024. Evolent Health is based in Arlington, Virginia, United States.
- How much did Evolent Health pay for Machinify?
- The deal value was not disclosed.
- What does Evolent Health do?
- Evolent Health, Inc. specializes in better health outcomes for people with complex conditions through proven solutions that make health care simpler and more affordable.
- Where are Evolent Health and Machinify based?
- Evolent Health is based in Arlington, Virginia, United States. Machinify is based in Palo Alto, California, United States.
- Who are the decision-makers at Evolent Health?
- Fundz holds 3 contacts at Evolent Health. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Medical and Health Care
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- GE HealthCare to acquire clinical artificial intelligence business from Intelligent Ultrasound Group PLC (July 18, 2024)
- AA Medical completes acquisition of Surgical Product Solutions, forming strategic partnership (July 11, 2024)
- Eli Lilly and Company acquires manufacturing facility from Nexus Pharmaceuticals to expand U.S. capacity (April 22, 2024)
- Merck completes acquisition of EyeBio to diversify its late-stage pipeline (July 12, 2024)
- HEALWELL AI finalizes acquisition of VeroSource Solutions and BioPharma Services to expand healthcare technology capabilities (July 2, 2024)
- P95 completes acquisition of 4Clinics to strengthen position as market leader (July 2, 2024)
Who to call at Evolent Health, and when
When Evolent Health changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Evolent Health raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Evolent Health, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Evolent Health. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Evolent Health makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Machinify?
Machinify was acquired by Evolent Health, based in Arlington. The deal was reported on June 4, 2024. Evolent Health, Inc. specializes in better health outcomes for people with complex conditions through proven solutions that make health care simpler and more affordable. Evolent Health is publicly traded (EVH) and operates in Other.
When did Evolent Health acquire Machinify?
Evolent Health's acquisition of Machinify was reported on June 4, 2024. Evolent Health, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Machinify do?
It is privately held, operating in Biotechnology, and is based in Palo Alto.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.