Signify Health Acquires Health Tech Company TAVHealth

By Dan Anderson ● Mar 17, 2019

Dallas-based complex care management company Signify Health announced it has acquired TAVHealth — which is a leading platform for collaborating with risk-bearing and community-based organizations to address social determinants of health (SDOH). The terms of the deal were undisclosed.

Signify Health manages a network of 4,000 doctors and nurse practitioners to deliver healthcare services in the home to more than a million unique Medicare Advantage members every year.

“A surprisingly high percentage of health outcomes are driven by social, environmental, and behavioral factors,” said Signify Health CEO Kyle Armbrester in a statement. “While we have rich data on these factors from what our clinicians capture while caring for members in the home, healthcare has historically had a last mile problem on connecting the need with the fulfillment. TAVHealth provides the tools and network to put food in the fridge and keep our most vulnerable members safe and secure in their own homes.”

Photo – TAVHealth

Signify clinicians frequently identify SDOH needs such as food insecurity, transportation issues, and other factors while in the home. Then they can enable case management referrals. Matt Holt, the managing director of New Mountain Capital — which is the private equity partner of Signify Health pointed out that “this is a great addition to the Signify platform in providing a longitudinal view and approach to care for high-risk members who need it most.”

The acquisition of TAVHealth adds a curated network of community-based organizations and technology capabilities for Signify to direct manage the SDOH needs on behalf of its clients and creates a closed loop between identification of SDOH needs, enrollment into SDOH programs, and the coordination of services for better managing and improving health outcomes for members.

“We are thrilled to join Signify Health in its mission to improve quality of life by delivering comprehensive care where and when it’s needed most,” added TAVHealth CEO Jamo Rubin, MD. “Social needs have been neglected and underserved for too long, and we are excited to combine our social needs platform with Signify’s clinical excellence and nationwide network to serve members holistically and keep them healthy at home.”