Edifecs Hires Chris Lance to Lead Organization’s Product Innovation
May 09, 2023
BELLEVUE, Wash. – May 9, 2023 – Edifecs, Inc., a global health information technology solutions company, announced today Chris Lance joins the senior leadership team as chief product officer (CPO). As a key member of the Edifecs leadership team, Chris will spearhead product strategy and execution to deliver a portfolio of innovative and high-performing products and solutions.
“We are fortunate to welcome Chris to the organization and benefit from his deep expertise in product management and strategy roles,” said Venkat Kavarthapu, CEO of Edifecs. “Chris is entrenched in healthcare. He has a keen understanding of the challenges our customers face today and how our solutions can solve those challenges and serve as the foundation for a competitive advantage in the future.”
Chris joins Edifecs after serving as CPO at Evolent Health Services where he helmed development, strategy, and delivery of the business’ Health Plan Administration software and services portfolios. Before joining Evolent Health, he was a vice president and head of product at Change Healthcare, where he managed a diverse portfolio of payer financial management solutions. In these roles, Chris successfully led a range of business transformation initiatives, including the transition to a platform business model. He has a track-record of success in building and executing foundation technology roadmaps and investment strategies to enable horizontal product integration and accelerate product development.
“Today, Edifecs has a diverse product portfolio uniquely advantaged by our Best in KLAS interoperability platform,” continued Kavarthapu. “Chris is a visionary and it’s going to be thrilling to watch what he and his team are able to achieve for our industry using our interoperability foundation as the springboard for innovation moving forward.”
Chris holds an MBA from the Olin School of Business at Washington University in St. Louis, and a bachelor’s degree in industrial engineering from Purdue University.
Earlier this year, Edifecs announced the addition of Tom Shultz to its team of senior leaders as chief revenue officer, the company won Best in KLAS for their interoperability platform, and was recognized by the prestigious Stevie Awards for Best Technology Pivot by utilizing its interoperability as a differentiating foundation to now provide customers with more effective value-based payment and risk adjustment solutions.
For more information about Edifecs, visit: https://www.edifecs.com/.
Edifecs provides market leading technology to its payer and health system customers, which serve nearly 300 million people in the U.S. healthcare market. For over 25 years, Edifecs has enabled customers to unlock greater value by aggregating, normalizing, and unifying data with its Best in KLAS interoperability platform. The Edifecs platform serves as the foundation for the solutions that eliminate stakeholder friction to overcome healthcare’s biggest challenges, including accelerating value-based payment adoption and obtaining more complete and accurate care funding for alternative payment models. Edifecs offers natural language processing, machine learning, and artificial intelligence to provide deeper insights into patients, populations, and business processes. As new standards and regulations continually emerge from government agencies, Edifecs is a proven partner to ensure its customers maintain “evergreen” compliance. Edifecs customers include 24 of the 25 top commercial health plans in the country, 27 out of 34 of the Blue Cross Blue Shield payers, 35 of the 50 Medicaid programs, and 5 out of 10 of the largest health systems.