NantHealth Achieves NCQA Accreditation in Utilization Management
June 12 2024 - 8:00AM
Business Wire
NantHealth, Inc. (NASDAQ-GS: NH), proudly announces that its
Utilization Management Program has earned a 3-year reaccreditation
from the National Committee for Quality Assurance (NCQA),
validating the strength and quality of the NantHealth program.
Earning NCQA Utilization Management Accreditation involves
meeting six stringent NCQA standards focused on consumer protection
and service improvement. Accredited organizations must demonstrate
their ability to provide open access networks, enhance service
quality, and tailor structures to meet customer needs
effectively.
NantHealth distinguished itself by achieving a maximum 3-year
accreditation status, showcasing its commitment to maintaining
superior standards in utilization management. This reaccreditation
highlights NantHealth’s dedication to rigorous quality assurance
and continuous improvement.
NCQA is a non-profit organization that is the gold standard in
the healthcare industry, dedicated to improving healthcare quality
through evidence-based standards and procedures. The accreditation
process is comprehensive and demanding, reflecting only the highest
levels of performance and accountability in healthcare
delivery.
"We are thrilled to receive NCQA Utilization Management
Accreditation, as it reaffirms our steadfast commitment to
delivering comprehensive healthcare solutions that prioritize
patient care, efficiency, and outcomes," stated Haris Naseem, MD,
CEO of NantHealth.
Megan Salmon-Gardell, RN, MSN, ANP-BC, AOCNP, Chief Nursing
Officer at NantHealth, who led the accreditation effort, emphasized
the significance of this accomplishment, "Attaining NCQA
Utilization Management Accreditation underscores NantHealth's
dedication to maintaining the highest quality standards in
utilization management. It showcases our robust systems, processes,
and personnel that are essential for delivering exceptional
healthcare outcomes."
NantHealth continues to set the benchmark for excellence in
healthcare delivery, and this accreditation further solidifies its
position as a leader in the industry. The rigorous standards and
the challenging nature of this accreditation process highlight the
exceptional level of dedication and quality upheld by
NantHealth.
About NantHealth, Inc.
NantHealth, a member of the NantWorks ecosystem of companies,
provides enterprise solutions that help businesses transform
complex data into actionable insights. By offering efficient ways
to move, interpret and visualize complex and highly sensitive
information, NantHealth enables customers in healthcare, life
sciences, logistics, telecommunications and other industries to
automate, understand and act on data while keeping it secure and
scalable. NantHealth’s product portfolio comprises the latest
technology in payer-provider collaboration platforms for real-time
coverage, decision support and data solutions that provide
multi-data analysis, reporting and professional services offerings.
For more information, visit nanthealth.com, follow us on Twitter,
Facebook, LinkedIn and YouTube and subscribe to our blog.
Forward Looking Statements
This news release contains certain statements of a
forward-looking nature relating to future events or future business
performance. Forward-looking statements can be identified by the
words “expects,” “anticipates,” “believes,” “intends,” “estimates,”
“plans,” “will,” “outlook” and similar expressions. Forward-looking
statements are based on management’s current plans, estimates,
assumptions and projections, and speak only as of the date they are
made. Risks and uncertainties include, but are not limited to,
statements regarding the timing and effectiveness of the reverse
stock split and the Company’s ability to maintain its listing on
Nasdaq (including its ability to achieve or maintain the minimum
bid price required by Nasdaq and to comply with other requirements
for listing on Nasdaq). Such forward-looking statements are not
meant to predict or guarantee actual results, performance, events
or circumstances and may not be realized because they are based
upon the Company’s current plans, objectives, beliefs,
expectations, and assumptions and are subject to a number of risks
and uncertainties and other influences, many of which the Company
has no control over. Actual results and the timing of certain
events and circumstances may differ materially from those described
by the forward-looking statements as a result of these risks and
uncertainties. Factors that may influence or contribute to the
inaccuracy of the forward-looking statements or cause actual
results to differ materially from expected or desired results may
include, without limitation, the price and volume fluctuations in
trading of the Company’s Common Stock, the potential adverse effect
of the reduced number of shares outstanding following the reverse
stock split on the liquidity of the Company’s Common Stock,
potentially adverse Nasdaq decisions related to the listing of the
Company’s Common Stock on the Nasdaq Capital Market. The Company
undertakes no obligation to update any forward-looking statement in
light of new information or future events, except as otherwise
required by law. Forward-looking statements involve inherent risks
and uncertainties, most of which are difficult to predict and are
generally beyond our control. Actual results or outcomes may differ
materially from those implied by the forward-looking statements as
a result of the impact of a number of factors, many of which are
discussed in more detail in our reports filed with the Securities
and Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240612345690/en/
Media Contact: Jen Hodson NANT 562-397-3639 jen@nant.com
NantHealth (NASDAQ:NH)
Historical Stock Chart
From May 2024 to Jun 2024
NantHealth (NASDAQ:NH)
Historical Stock Chart
From Jun 2023 to Jun 2024