ABILITY Network started out in 2000 as a Minneapolis company called VisionShare Inc. We had a handful of employees and an innovative idea: using the Internet to securely connect healthcare providers to Medicare.
This connectivity was (and still is) the lifeblood of hospitals, clinics, skilled nursing facilities, home health, hospice and durable medical equipment providers. Any healthcare facility that needs to verify the eligibility of Medicare patients and then get paid for treating them requires this connectivity. Before VisionShare, it was slow going for healthcare billing staff, who spent a lot of time using an antiquated system to verify eligibility and check on the status of claims.
Innovating for growth
Just keeping track of all the patients and their insurance payers was a massive job. What VisionShare gave providers was a faster, more secure, reliable, user-friendly way to connect to Medicare using web-based applications and interfaces. Like many new uses of the Internet, this idea of sending and receiving information electronically revolutionized the industry. And today, our innovative services go far beyond connectivity.
The company has grown over the years, in our size and in our vision. With investments from Lemhi Ventures and then Bain Capital Ventures, we became ABILITY® Network Inc (“ABILITY”) in February 2011, and in April 2013 acquired IVANS, another web-based Medicare service vendor. In April 2014 ABILITY received a $550 million strategic investment led by Summit Partners. In November 2014, ABILITY acquired MD On-Line, Inc., a trusted provider of connectivity, workflow, and analytic services to ambulatory providers, payers, and other healthcare customers. In April 2015, ABILITY continued to expand our services to the healthcare market by acquiring System Designs, Inc., and its PC-ACE claims processing system — a key revenue management tool for thousands of healthcare providers across the country.
ABILITY Network remains headquartered in Minneapolis, with several other office locations throughout the U.S.
Continual advancements to support providers and patients
Today, more than one hundred thousand healthcare providers across the continuum of care — ambulatory, acute, and post-acute — depend upon ABILITY services to simplify complex workflow processes, enhance administrative efficiencies and improve patient safety and clinical support. We aim to bring about a meaningful change in healthcare, to improve the patient experience and to help providers focus on what they do best: deliver quality care.