DataLink LLC

Based in the US, DataLink LLC specializes in providing advanced data solutions tailored for enhancing quality performance and optimizing risk management in healthcare settings. DataLink LLC was founded in 2001 and is headquartered in Tampa, US. The company focuses on delivering data-driven solutions for healthcare organizations. It has undergone strategic pivots to enhance its service offerings and has executed 2 significant deals, with the most recent occurring on November 24, 2020.

The company is not known to be a subsidiary or to have any subsidiaries. No information is available about the founder's previous entrepreneurial ventures. DataLink offers a comprehensive suite of data-driven solutions aimed at improving quality performance and optimizing risk management within value-based care frameworks. Their core product, Evoke360, serves as an integrated platform that connects payers and providers, streamlining the management of quality and risk through actionable insights and automated workflows.

Features such as EvokeConnect facilitate data interoperability, allowing users to access and aggregate information from diverse electronic health record (EHR) systems, thereby closing care gaps and ensuring accurate risk adjustment. Additionally, DataLink provides advisory services as an NCQA-certified HEDIS® vendor, supporting organizations in enhancing their quality metrics and risk accuracy. The company's solutions cater to a broad client base, including payers, provider organizations, and government agencies, primarily serving markets in the United States. DataLink generates revenue primarily through subscription-based services and partnerships with healthcare organizations.

Clients engage with DataLink’s products via licensing agreements, where healthcare providers and payers pay fees to access the Evoke360 platform and its various functionalities. These agreements often include service level commitments and support for implementation and ongoing usage. The company’s revenue structure is designed to facilitate sustained engagement with clients, helping them achieve shared savings and improved financial positioning in risk-sharing arrangements. Specific pricing plans for individual products and services are tailored to meet the unique needs of clients in the healthcare sector, focusing on delivering measurable outcomes and enhancing overall care quality.

In November 2020, a consortium led by DWS Group, along with Revelstoke Capital Partners, invested in DataLink Software, LLC. Financial terms of the transaction were not disclosed. This investment will help the company to strengthen its provider engagement services and pursue strategic acquisitions that improve product functionality for both new and existing customers. DataLink plans to leverage this funding to enhance its product offerings and expand its market reach, focusing on new geographic regions and healthcare markets.