Innovation company 3M has agreed to acquire US-based healthcare analytics and Business Intelligence provider Treo Solutions, for an undisclosed sum.
Treo employs around 185 people in headquarters in Troy, N.Y. and offices in Denver, CO and Overland Park, Kansas, and uses data from more than 60 health plans to help clients redesign payment structures and transition them to value-based care models. The buy will bring Treo within the 3M Health Information Systems division, and will lead to the worldwide extension of Treo’s system, ‘jumpstarting’ clients of 3M’s 360 Encompass System for computer-assisted coding.
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