Savista Acquires ONCO’s Cancer Registry Services to Set New Industry Standard

What's Happening?

Savista, a healthcare revenue cycle management company, has acquired the cancer registry services division of ONCO, a provider of oncology data services and technology. This strategic acquisition aims to enhance Savista's offerings by integrating ONCO's expertise in registry technology with Savista's revenue cycle management solutions. The merger is expected to establish a new benchmark for cancer registry excellence nationwide, with Savista CEO Jan Grimm describing it as a 'new gold standard.' The combined organization will feature the largest pool of Oncology Data Specialists-Certified in the industry, accelerating innovation in AI-driven case finding and abstraction workflows.

Why It's Important?

The acquisition is significant for the healthcare industry, as it promises to improve cancer registry services and data collection processes. By combining resources, Savista and ONCO can offer more comprehensive support to healthcare organizations, potentially leading to better patient outcomes and more efficient operations. The move also highlights the growing importance of data-driven solutions in healthcare, as organizations seek to leverage technology to enhance service delivery and compliance with regulatory requirements. This development could influence other healthcare providers to pursue similar partnerships to optimize their services.

What's Next?

Savista plans to expand its geographical coverage and eligibility for additional state contracts, providing benefits to multi-site health systems. Clients can expect consolidated support, enhanced data standardization, and new bundled offerings that include cancer registry services, analytics, and consulting. As Savista serves over 800 clients across 49 states, the company is well-positioned to deliver tailored solutions that address complex revenue cycle challenges. The industry will be watching to see how this acquisition impacts Savista's market position and the broader healthcare landscape.