E. C.
October 2007
Red Herring;10/7/2007, Vol. 4 Issue 29, p52
Trade Publication
This article features Aliso Viejo, California-based Enclarity, a technology company included in "Red Herring's" top 100 list for 2007. Sean Downs is the chief executive officer (CEO) of the company, which has 31 employees. Its key investors are Downs, Joel Portice, Ignition Partners and Bain Capital Ventures. Enclarity, founded in 2005, courts the healthcare industry by focusing on the bottom line--one way to make the reluctant market consider new technology. Enclarity claims its applications can help reduce the $26 billion that data errors cost healthcare payers annually. Software-as-a-service (SaaS) distribution means low initial cost to customers. Big names like CIGNA, Aetna, and Humana Healthcare are clients. But competitors like UnitedHealth Group's Ingenix are also fierce.


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