DaVincian Healthcare completes acquisition of Abu Dhabi-based Gulf-HRA, broadening capabilities and accelerating the application of new technologies for the healthcare industry
ABU DHABI, United Arab Emirates and AUSTIN, Texas, Dec. 7, 2015 /PRNewswire/ -- DaVincian Healthcare, a leading innovator in the mobile health and wellness industry, today announced the completion of its acquisition of Gulf-HRA, a healthcare financial services and analytics company located in Abu Dhabi with branches in Dubai and Fujairah. The acquisition will enable DaVincian to expand its capabilities in telehealth, virtual personal health records, and artificial general intelligence.
"The combination of DaVincian Healthcare and Gulf-HRA positions us for aggressive growth," says Michael Liberty, Chairman of the Board, DaVincian Healthcare. "Together with Gulf-HRA we intend to further extend the reach of our healthcare solutions and achieve a level of profitability consistent with our long-term model."
"The acquisition of Gulf-HRA reinforces DaVincian's commitment to leveraging the latest technology innovations to solve healthcare challenges," says Theodore J. Waz, President of DaVincian, who previously served as CEO of Gulf-HRA and will continue as its Chairman. "The combination will offer enhanced value and benefits to our customers, including an integrated product suite that optimizes how patients, payers and providers engage in the global healthcare ecosystem."
The U.A.E. is becoming a Middle East hub for global medical tourism and a preferred destination for domestic and foreign patients seeking high quality and cost effective treatment. With the acquisition of Gulf-HRA, DaVincian supports this evolution by bringing Western technology, practices, and standards to the U.A.E. in an efficient and culturally relevant manner.
From cutting-edge artificial general intelligence and secure data transport, to its foundational Platform as a Service (PaaS) health data switch, DaVincian's platform offers infinite opportunities for enhancing the quality and accessibility of healthcare, particularly for underserved populations, a need the company is committed to addressing through its global social mission.
DaVincian's commitment to extending the reach of healthcare delivery has recently attracted some of the industry's most accomplished professionals, including these notable additions to its leadership team:
- Mohammed Zuhair Ahmed, President, DaVincian Healthcare MENA (Gulf-HRA), a seasoned executive working with multi-national companies to improve clinical and financial outcomes.
- Obi Taiwan Ozochiawaeze, Ph.D., LLM, formerly Chief Technology Officer for the United Nations under Secretary-General Kofi A. Annan, and still advises the current Secretary General, and a former senior executive at Aetna International.
- Meredith Lynn Porter, MD, Chief Medical Officer, a Diplomate of the American Board of Family Medicine, serving in both civilian and military settings, and former Staff Physician and Director of Primary Care Clinic at the Pentagon.
Learn more about DaVincian's healthcare technology solutions at www.davincianhealthcare.com.
About DaVincian Healthcare
DaVincian is a leading innovator in the mobile health and wellness space. DaVincian enables healthcare solutions that improve clinical and financial outcomes and enhance patient engagement by intelligently and securely connecting mobile applications, mobile devices, healthcare expertise and healthcare data. DaVincian's PaaS data switch technology, coupled with powerful artificial general intelligence and HIPAA-compliant data transport capabilities, enhances interactions and interoperability within the healthcare ecosystem. DaVincian's revenue cycle management platform bridges gaps between healthcare providers, patients and payers and infuses transparency and accuracy to health transactions.
About Gulf-HRA
Gulf-HRA is the U.A.E.'s largest ICD-10-CM clinical coding and medical billing organization, comprised of clinically trained staff of medical coders that are both AAPC (CPC) & AHIMA (CCS, CCS-P) jointly certified. Emirate owned and operated since 2012, Gulf-HRA is committed to improving patient safety, local & national health data, and the financial sustainability of healthcare through improved clinical documentation, and ethical medical coding and billing.
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