Clearview Logix to acquire health-care practice of Evenspring
Clearview Logix, a healthcare analytics and application development company, is acquiring the health-care practice of Evenspring, a software development consultancy.
Both companies are based in Richmond. The deal is expected to close on Nov. 1.
As part of the transaction, Evenspring partner Allen Hatzimanolis will join Clearview as its chief technology officer.
Clearview used Evenspring to develop its web-based employer-branded health plan selection tool for employees.
“The combination of Clearview Logix’s problem-solving approach with Evenspring’s software development capabilities will allow us to capitalize on emergent opportunities in the rapidly changing health-care market, and also offer our partners enhanced decision support solutions,” Tim O’Shea, a Clearview founder, said in a statement..
Founded by Aujang Abadi, Tyler Carbone, and Hatzimanolis, Evenspring’s health division specializes in health-care related software development, primarily serving health consumers, employers and insurance distribution channels such as marketplaces and exchanges.
Evenspring is the development partner of BeneFinder, an individual insurance marketplace.
Clearview was started last year by O’Shea and Dr. Larry Colley, the developers of patented analytic decision support models for health insurance purchasers.
The company is marketing the My Clearview model, which aids consumers in selecting health plan options that minimizes their total expected cost.
Clearview also developed Quote Master, a small group multi-carrier quoting engine that helps brokers to identify the optimal carrier and plans for a small-group clients.