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Mastek and Onyx Health Announce Strategic Partnership to Accelerate Healthcare Data Interoperability

Posted On: 2024-08-28 15:23:39 (Time Zone: IST)


Mastek (NSE: MASTEK; BSE: 523704), a trusted digital engineering and cloud transformation partner, is proud to announce a strategic partnership with Onyx Health, an innovator in healthcare interoperability solutions. This collaboration aims to expedite the adoption of FHIR (Fast Healthcare Interoperability Resources) standards, driving enhanced data interoperability and ultimately better health outcomes for patients.

In an era where seamless data exchange is critical for effective healthcare delivery, the partnership between Mastek and Onyx Health will provide health plans with an out-of-the-box compliance solution for CMS-9115 (Patient Access API) and CMS-0057 (Advancing Interoperability and Electronic Prior Auth) rules. These regulations, pivotal to modernizing healthcare data exchange, require health plans to ensure secure, standardized data sharing across systems. Mastek and Onyx Health are at the forefront of delivering comprehensive solutions to meet these stringent regulatory requirements efficiently and effectively.

Key Highlights of the Partnership:

Enhanced Interoperability: By leveraging Mastek's consulting and implementation expertise along with Onyx Health's award-winning OnyxOS platform, health plans can accelerate the adoption of FHIR standards, facilitating seamless healthcare data exchange.

Compliance Solutions: The partnership brings a robust compliance solution specifically designed to meet CMS-9115 and CMS-0057 rules. This ensures health plans remain compliant with evolving healthcare regulations while streamlining their operations.

Improved Health Outcomes: The collaboration aims to improve patient health outcomes by ensuring that healthcare providers have access to accurate and timely data, enabling better decision-making and more personalized care.

"Our FHIR Interoperable platform services partnership with Onyx decomplexifies healthcare mandates & compliance deadlines that improves the star quality ratings and patient experiences/outcomes for Healthcare CXOs. This partnership reinforces our commitment to providing next-gen solutions across the healthcare industry," said Raman Sapra, President & Chief Growth Officer at Mastek.

"Our collaboration with Mastek marks a significant milestone in our mission to transform healthcare data exchange. By combining our award-winning OnyxOS platform with Mastek's expertise, we are poised to deliver unparalleled solutions that not only ensure compliance but also pave the way for improved patient outcomes," said Susheel Ladwa, CEO at Onyx Health.

This strategic partnership represents a significant step forward in addressing the interoperability challenges faced by the healthcare industry. By combining the strengths of Mastek and Onyx Health, this collaboration promises to deliver innovative solutions that will shape the future of healthcare data exchange.

Shares of Mastek Limited was last trading in BSE at Rs. 2998.30 as compared to the previous close of Rs. 3032.20. The total number of shares traded during the day was 1976 in over 517 trades.

The stock hit an intraday high of Rs. 3045.00 and intraday low of 2987.55. The net turnover during the day was Rs. 5954813.00.


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