Single Family Office

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ScanSTAT Technologies

Glenn Andrews founded ScanSTAT in 2006, building a web-based platform to solve the opacity he saw in health information management departments at a prior...

ScanSTAT Technologies

Glenn Andrews founded ScanSTAT in 2006, building a web-based platform to solve the opacity he saw in health information management departments at a prior ROI provider. The company initially offered technology for releasing medical records but quickly expanded into full outsourcing of release-of-information services, including onsite teams. ScanSTAT's core business is health information management outsourcing: release of information, document filing, prior authorizations, chart abstraction, and insurance verification. The firm serves hospitals, health systems, and medical practices. It acquired DataFile Technologies in 2020 to broaden its document management capabilities. ScanSTAT describes itself as the largest founder-owned release-of-information company in the country (per the firm). It counts major healthcare organizations as clients. The firm is headquartered in Alpharetta, Georgia, and serves providers across the United States. Team size is undisclosed. In a notable structural move, Verisma and ScanSTAT announced a merger in a recent press release, combining ScanSTAT's founder-owned release-of-information business with Verisma's disclosure management platform (per the firm). ScanSTAT's structural differentiator is its founder-owned, single-family-office status in a fragmented industry dominated by private-equity-backed consolidators. The firm's ownership model allows long-term investment in technology and service without quarterly earnings pressure.

General information

Firm type

Single Family Office

Year founded

2006

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Alpharetta

Corporate office

Alpharetta, GA, United States

Principals

Glenn Andrews

Founder

Sector focus

Healthcare ServicesHealth Information Management

Frequently asked questions

Who owns ScanSTAT?

ScanSTAT is founder-owned. Glenn Andrews founded the company in 2006 and remains the owner (per the firm website).

What services does ScanSTAT provide?

ScanSTAT offers health information management outsourcing: release of information, document filing, prior authorizations, chart abstraction, and insurance verification (per the firm).

How many providers does ScanSTAT serve?

ScanSTAT reports serving over 50,000 providers across the United States (per the firm).

Is ScanSTAT a single family office or a private equity-backed company?

ScanSTAT is a founder-owned company, which functions as a single family office. It is not private-equity-backed, unlike many competitors (Altss estimate).

What was the DataFile Technologies acquisition?

In 2020, ScanSTAT acquired DataFile Technologies, a pioneer in document management, to expand its footprint and add capabilities (per the firm website).

How is ScanSTAT structured in relation to Verisma?

In a recent press release, Verisma and ScanSTAT announced a merger. Verisma is a disclosure management partner; ScanSTAT is the larger founder-owned ROI platform. The combined entity is meant to lead the health information management industry (per the firm).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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