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HealthEC

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uuid0006g54

Namestring
HealthEC
Legal namestring
Elligint Health
Websiteurl
healthec.com
Company typeenum
Private
Founded yearint
2011
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersEdison, United States
HQ citystring
Edison
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
population health management, value-based care software, care management platform, utilization management software, healthcare analytics platform
Industry2 codes
1Patient Engagement, Education & Messaging Platforms (portal/CRM integrated)
CodeHLALABAJPrimaryYes
2Oncology Remote Symptom Monitoring & Care Navigation
CodeHLALAFADPrimaryNo
NAICS code1 code
  • Computer Systems Design Services541512
SIC code1 code
  • Services-Health Services8000
Product category
Population Health Management Software
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Healthcare Technology Platform Licensing
TypeSubscription Recurring
Description

HealthEC generates revenue through its healthcare technology platform that supports value-based care delivery and behavioral health management for healthcare organizations.

finsmes.com
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 2 records shown
1Helios
Description

Care management and utilization management platform by Elligint Health, including Helios CM (care management) and Helios UM (utilization management) modules.

elliginthealth.com
+1 more record
Core offering1 text field

HealthEC (now Elligint Health) develops and sells the Helios platform for health plans, combining care management (Helios CM), utilization management (Helios UM), and Advanced Analytics to support value-based care, population health management, and behavioral health initiatives. The connected platform automates workflows, surfaces risk and quality insights, and is built on AI-ready architecture to orchestrate clinical decision support across U.S. health plans.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Secured additional financing round from HLM Venture Partners and Labcorp Venture Fund
Product overview1 text field

HealthEC is a healthcare technology company based in Edison, NJ. Its offering centers on a behavioral health management platform, with a stated strategic focus on value-based care opportunities and digital transformation efforts, including its behavioral health management platform as the named core offering.

Product and service1 record
1Helios CM (Care Management)
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Innovaccer
TypeDirect peer
Description

Innovaccer offers a unified health data platform with population health management, care management, and analytics modules sold to health plans and providers, directly overlapping Elligint's Helios CM/UM and Advanced Analytics offerings for value-based care.

2Arcadia
TypeDirect peer
Description

Arcadia provides a population health analytics and care management platform to health plans and provider organizations, competing head-to-head with Elligint on value-based care enablement, risk stratification, and quality measurement.

3Lightbeam Health Solutions
TypeDirect peer
Description

Lightbeam delivers a population health management and value-based care platform for health plans, ACOs, and providers, with similar care management, risk stratification, and quality analytics capabilities to Elligint's Helios suite.

4Health Catalyst
TypeDirect peer
Description

Health Catalyst provides a data and analytics platform for healthcare organizations, including population health, care management, and value-based performance modules, overlapping with Elligint's Advanced Analytics and care management offerings.

5Cotiviti
TypeDirect peer
Description

Cotiviti offers payment accuracy, risk adjustment, and quality analytics for health plans, with care and utilization management workflow tools that compete with Elligint's Helios UM and analytics modules.

6Cedar Gate Technologies
TypeDirect peer
Description

Cedar Gate provides value-based care performance management analytics and care management workflows to health plans and providers, directly comparable to Elligint's value-based care enablement and contract performance offerings.

7Optum (UnitedHealth Group)
TypeBroad incumbent
Description

Optum is the largest healthcare technology and services incumbent offering population health, care management, utilization management, and analytics across payers and providers, representing the broadest competitive threat and a likely acquisition counterparty for Elligint.

8Change Healthcare (now Optum)
TypeBroad incumbent
Description

Change Healthcare (acquired by Optum) provides utilization management, analytics, and revenue cycle tools to health plans, comparable in scope to Elligint's UM and analytics offerings but at vastly larger scale.

9Phytel (an IBM Company)
TypeBroad incumbent
Description

Phytel, integrated into IBM Watson Health, delivers population health and care management tools for provider organizations, historically competing in the same provider-facing value-based care space HealthEC occupied before its payer pivot.

10Clarify Health
TypeEmerging player
Description

Clarify Health offers a value-based care analytics platform combining claims, clinical, and social data to support health plan and provider decision-making, partially overlapping with Elligint's Advanced Analytics and risk-stratification capabilities.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

HealthEC

Population Health Management Softwarehealthec.com

HealthEC firmographics

Firmographics
Name
HealthEC
Legal name
Elligint Health
Website
https://healthec.com
Company type
Private
Founded year
2011
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

HealthEC industry classification

Industry
Product category
Population Health Management Software
NAICS
Computer Systems Design Services (541512)
SIC
Services-Health Services (8000)
akta.pro primary industry
Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ)
akta.pro secondary industry
Oncology Remote Symptom Monitoring & Care Navigation (HLALAFAD)

Keywords

  • Population health management
  • Value-based care software
  • Care management platform
  • Utilization management software
  • Healthcare analytics platform

Where HealthEC is headquartered

Location

Headquarters

HQ city
Edison
HQ country
United States
HQ region
North America

Offices1 record

Markets served

HealthEC business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Healthcare Technology Platform Licensing: HealthEC generates revenue through its healthcare technology platform that supports value-based care delivery and behavioral health management for healthcare organizations.

Go-to-market motion2 records

Distribution channels1 record

HealthEC product offering

Product offering

Core offering

HealthEC (now Elligint Health) develops and sells the Helios platform for health plans, combining care management (Helios CM), utilization management (Helios UM), and Advanced Analytics to support value-based care, population health management, and behavioral health initiatives. The connected platform automates workflows, surfaces risk and quality insights, and is built on AI-ready architecture to orchestrate clinical decision support across U.S. health plans.

Product overview

HealthEC is a healthcare technology company based in Edison, NJ. Its offering centers on a behavioral health management platform, with a stated strategic focus on value-based care opportunities and digital transformation efforts, including its behavioral health management platform as the named core offering.

Differentiator

Problem solved

Functional benefit

Brands

  • Helios: Care management and utilization management platform by Elligint Health, including Helios CM (care management) and Helios UM (utilization management) modules.
  • Advanced Analytics

Products and services

  • Helios CM (Care Management)

Quantifiable outcome

  • Secured additional financing round from HLM Venture Partners and Labcorp Venture Fund

Companies that use HealthEC

Customer profile

Segments2 records

Ideal customer profiles2 records

HealthEC technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

HealthEC partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

HealthEC competitors and assessment

Company assessment

Direct peers

  • Innovaccer: Innovaccer offers a unified health data platform with population health management, care management, and analytics modules sold to health plans and providers, directly overlapping Elligint's Helios CM/UM and Advanced Analytics offerings for value-based care.
  • Arcadia: Arcadia provides a population health analytics and care management platform to health plans and provider organizations, competing head-to-head with Elligint on value-based care enablement, risk stratification, and quality measurement.
  • Lightbeam Health Solutions: Lightbeam delivers a population health management and value-based care platform for health plans, ACOs, and providers, with similar care management, risk stratification, and quality analytics capabilities to Elligint's Helios suite.
  • Health Catalyst: Health Catalyst provides a data and analytics platform for healthcare organizations, including population health, care management, and value-based performance modules, overlapping with Elligint's Advanced Analytics and care management offerings.
  • Cotiviti: Cotiviti offers payment accuracy, risk adjustment, and quality analytics for health plans, with care and utilization management workflow tools that compete with Elligint's Helios UM and analytics modules.
  • Cedar Gate Technologies: Cedar Gate provides value-based care performance management analytics and care management workflows to health plans and providers, directly comparable to Elligint's value-based care enablement and contract performance offerings.

Broad incumbents

  • Optum (UnitedHealth Group): Optum is the largest healthcare technology and services incumbent offering population health, care management, utilization management, and analytics across payers and providers, representing the broadest competitive threat and a likely acquisition counterparty for Elligint.
  • Change Healthcare (now Optum): Change Healthcare (acquired by Optum) provides utilization management, analytics, and revenue cycle tools to health plans, comparable in scope to Elligint's UM and analytics offerings but at vastly larger scale.
  • Phytel (an IBM Company): Phytel, integrated into IBM Watson Health, delivers population health and care management tools for provider organizations, historically competing in the same provider-facing value-based care space HealthEC occupied before its payer pivot.

Emerging players

  • Clarify Health: Clarify Health offers a value-based care analytics platform combining claims, clinical, and social data to support health plan and provider decision-making, partially overlapping with Elligint's Advanced Analytics and risk-stratification capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

HealthEC social profiles

Digital presence

HealthEC financial estimates

Financial estimate

Revenue estimate

Valuation estimate

HealthEC leadership team

Management profile

Number of profiles

Profiles3 records

HealthEC funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

HealthEC M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HealthEC

What does HealthEC do?

HealthEC (now Elligint Health) develops and sells the Helios platform for health plans, combining care management (Helios CM), utilization management (Helios UM), and Advanced Analytics to support value-based care, population health management, and behavioral health initiatives. The connected platform automates workflows, surfaces risk and quality insights, and is built on AI-ready architecture to orchestrate clinical decision support across U.S. health plans.

Is HealthEC a public or private company?

HealthEC is a private company. It is classified as venture growth investor backed and is currently operating.

When was HealthEC founded?

HealthEC was founded in 2011. It employs 101 to 250 people.

Where is HealthEC based?

HealthEC is headquartered in Edison, United States, in the North America region.

How does HealthEC make money?

One revenue line is on record: healthcare Technology Platform Licensing.

Who are HealthEC's main competitors?

Direct peers on record are Innovaccer, Arcadia, Lightbeam Health Solutions, Health Catalyst, Cotiviti and Cedar Gate Technologies. Broad incumbents are Optum (UnitedHealth Group), Change Healthcare (now Optum) and Phytel (an IBM Company). Clarify Health is listed as an emerging player.

Does HealthEC have an API?

No public API is recorded for HealthEC.

What industry is HealthEC in?

HealthEC's product category is Population Health Management Software. Its primary akta.pro industry code is HLALABAJ, Patient Engagement, Education & Messaging Platforms (portal/CRM integrated), with a secondary code of HLALAFAD, Oncology Remote Symptom Monitoring & Care Navigation. Its NAICS code is 541512 and its SIC code is 8000.

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Live signals
PRLogHealthEC Achieves Fourth Recertification EHNAC for Privacy/Security ComplianceHealthEC, LLC has achieved its fourth recertification with the Electronic Healthcare Network Accreditation Commission (EHNAC) for privacy and security compliance under the Outsourced Services Accreditation Program (OSAP). This accreditation validates the company's adherence to HIPAA regulations and industry standards for handling protected health information. The certification assures customers that HealthEC maintains rigorous data security and integrity protocols.NJITNJIT Alumnus, Faculty and Board Members Among Honorees at NJ Immigrant Entrepreneur AwardsThree individuals associated with New Jersey Institute of Technology were honored at the 12th annual New Jersey Immigrant Entrepreneur Awards for their contributions to the state's economy. The honorees included Dhiraj Shah, recognized as Entrepreneur of the Year for his work with ASY Capital and Avaap; Arthur Kapoor, receiving the Caspar Wistar Award for Growth for leading HealthEC LLC; and Suresh Kumar, who received the Lifetime Achievement Award for his entrepreneurial and academic leadership.Hipaajournal$5.48 Million Settlement Approved to Resolve HealthEC Data Breach LitigationA federal judge has granted preliminary approval to a $5.48 million settlement resolving class action lawsuits against HealthEC and its healthcare clients regarding a 2023 data breach that compromised the protected health information of nearly 4.8 million individuals. The litigation alleged negligence by HealthEC and partner organizations, including Corewell Health and Beaumont ACO, for failing to implement adequate cybersecurity measures following a hacking incident.Business Wire BlogHealthEC and VirtualHealth Unite to Launch Elligint Health: Redefining the Future of Healthcare with Intelligent SolutionsHealthEC and VirtualHealth have merged to form Elligint Health, combining VirtualHealth's HELIOS platform with HealthEC's population health analytics to offer integrated data-driven healthcare solutions. The new entity aims to help payers and providers manage value-based care through AI-driven automation and predictive risk stratification. This strategic move addresses the growing demand for proactive whole-person care management amidst mounting economic pressures.Business Wire BlogPopulation Health Analytics Leader HealthEC & VirtualHealth Announce New PartnershipHealthEC and VirtualHealth announced a strategic partnership to integrate VirtualHealth’s HELIOS care management platform with HealthEC’s population health analytics capabilities. The collaboration aims to provide healthcare organizations with comprehensive tools for identifying high-risk populations, managing chronic conditions, and optimizing value-based care coordination.ClassactionHealthEC Data Breach Lawsuit InvestigationHealthEC, LLC reached a $5.48 million settlement to resolve litigation stemming from a July 2023 data breach that exposed the sensitive personal and medical information of nearly 4.5 million individuals. Attorneys are currently investigating potential class action lawsuits on behalf of affected consumers to seek compensation for privacy loss and related costs.FinSMEsHealthEC Secures Additional FundingHealthEC, a healthcare technology company based in Edison, NJ, has secured additional funding from investors including HLM Venture Partners and the Labcorp Venture Fund. The funds will be directed towards expanding its behavioral health management platform and exploring new healthcare value-based care opportunities. Led by newly appointed CEO Chris Caramanico, HealthEC specializes in population health management solutions aimed at enhancing healthcare connectivity and interoperability.Venture Capital Access OnlineHealthEC Secures Additional Capital to Fuel Ongoing Growth, Names New CEO and New ChairmanHealthEC secured additional financing from HLM Venture Partners and the Labcorp Venture Fund to expand its digital transformation and behavioral health management platform. Concurrently, the company appointed Chris Caramanico as its new Chief Executive Officer and Steve Tolle as Chairman.PR NewswireHealthEC Partners with Egyptian Health Department on Implementation of HealthEC CareConnect and 3D Analytics PlatformHealthEC has partnered with the Egyptian Health Department to implement its CareConnect and 3D Analytics platform for population health management in Southern Illinois. The initiative targets approximately 10,000 high-risk Medicaid beneficiaries under the Integrated Care for Kids (InCK) Model to improve care coordination and reduce avoidable hospital stays. The project is supported by a $15.6 million award from the Centers for Medicare and Medicaid Services.GlobeNewswireHealthEC Score 91.9 for Population Health Management inHealthEC was named a top-rated vendor in the 2021 Best in KLAS Software & Services Report for population health management, receiving an overall score of 91.9. The company earned top grades across six customer excellence pillars, including risk scoring and prioritized worklists. The rankings reflect feedback from thousands of healthcare providers.