New Century Health

New Century Health specializes in enhancing healthcare delivery through specialty care management solutions, focusing on patient access, clinical guideline alignment, and optimized care in complex medical fields. New Century Health, founded in 2002 and headquartered in Wellesley, US, operates in healthcare specialty management. In October 2018, the company was acquired by Evolent Health from Water Street Healthcare Partners for USD 217 mn. The acquisition marked a strategic pivot towards integrating New Century's expertise in oncology and cardiology into Evolent’s broader service offerings.

New Century Health offers a range of specialty care management solutions aimed at improving healthcare delivery. Their services enhance patient access to quality treatment pathways while ensuring adherence to clinical guidelines across various specialties, including oncology and cardiology. The company serves health plans and providers, streamlining operations and improving the member experience across the US, Canada, and selected regions in Europe and Asia. New Century Health generates revenue through partnerships and service agreements with health plans and providers, utilizing subscription-based models and performance-based agreements.

Their services include comprehensive cancer care management programs, designed to enhance patient engagement and outcomes by aligning client operational efficiencies with clinical effectiveness. Pricing models reflect the value delivered in health management and patient care enhancement. Following the acquisition in October 2018, New Century Health plans to leverage the USD 217 mn from the recent funding round to enhance its service offerings and expand into new geographical markets. The company is strategizing to introduce new products aimed at improving specialty care management, targeting expansion in emerging markets in Asia by 2025.

This approach aims to strengthen their operations and broaden their impact on patients with complex conditions.