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Datavant Acquires DigitalOwl to Enhance Health Data Insights
Datavant has acquired DigitalOwl to enhance medical record retrieval, data analysis, and claims intelligence for insurance and legal sectors.
Health tech leader datavant is expanding its footprint in medical record retrieval with plans to acquire DigitalOwl, an Israeli startup specializing in solutions for the insurance and legal industries. DigitalOwl uses proprietary methods to transform unstructured medical records into structured insights with high accuracy.
The acquisition is expected to improve data analysis and health record retrieval capabilities, enabling the company to provide a faster, smarter, and more reliable process for reviewing medical records. This move aligns with datavant’s strategy to become a leading health data collaboration platform for insurers, legal practitioners, providers, and life sciences companies.
Strategic Expansion Through Acquisitions
According to Israeli tech outlet CTech, the estimated value of the deal is around USD 200 million, though official terms were not disclosed. This latest purchase follows two other significant moves by datavant:
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Ontellus (a records retrieval and claims intelligence firm) acquired in August 2025.
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Aetion, a real-world evidence platform, acquired in July 2025.
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Earlier, the company merged with Ciox Health in a major transaction in 2021, creating one of the largest health data networks.
Transforming Medical Record Processing
By integrating DigitalOwl’s engine with existing retrieval assets, the company aims to deliver an end-to-end medical record review platform. The combined system will support:
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Managed retrieval of medical data
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Automated record summaries and chronologies
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De-duplication and data cleanup
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Predictive analytics and pattern detection
Today, record reviews in insurance and legal fields are often slow, costly, and prone to error. The goal is to streamline these processes, reducing delays for underwriters, claims professionals, and attorneys.
“Customers are seeking solutions that make accessing and analyzing health data easier and more accurate,” said CEO Kyle Armbrester. “The combination of DigitalOwl and Ontellus establishes a new benchmark in health record retrieval and data processing for the insurance and legal markets.”
Expanding Beyond Legal and Insurance
While the primary focus is on insurance and legal use cases, the company plans to extend these capabilities into payer, provider, and life sciences domains. The aim is to unlock actionable insights from healthcare data that can improve patient outcomes, reduce administrative burdens, and accelerate decision-making.
Currently, the network handles over 60 million healthcare records monthly, connecting more than 80,000 hospitals and clinics, as well as 350+ real-world data partners.
A Force Multiplier for Health Data Innovation
The union of Datavant, Ontellus, and DigitalOwl is being described as a “force multiplier” that will redefine healthcare data management. Future investment will focus on:
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Structuring unstructured healthcare data
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Privacy-aware methods for linking disparate data sources
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Advanced applications to address high-impact challenges in healthcare delivery
Future Challenges & Considerations
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Integration Risks: Merging differing systems, data pipelines, and standards can be complex.
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Privacy & Compliance: Secure de-identification and governance will be critical.
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Adoption & Trust: Legal and insurance professionals may demand transparency.
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Ongoing Accuracy: Continuous validation and updates are necessary to maintain reliability.
Final Thoughts
This acquisition reinforces how datavant is positioning itself not just as a data exchange hub, but as an end-to-end intelligence provider for health data. By combining expertise in retrieval, structuring, and analysis, the company is strategically strengthening its role in the future of health technology.
Datavant has acquired DigitalOwl to enhance medical record retrieval, data analysis, and claims intelligence for insurance and legal sectors.
Health tech leader datavant is expanding its footprint in medical record retrieval with plans to acquire DigitalOwl, an Israeli startup specializing in solutions for the insurance and legal industries. DigitalOwl uses proprietary methods to transform unstructured medical records into structured insights with high accuracy.
The acquisition is expected to improve data analysis and health record retrieval capabilities, enabling the company to provide a faster, smarter, and more reliable process for reviewing medical records. This move aligns with datavant’s strategy to become a leading health data collaboration platform for insurers, legal practitioners, providers, and life sciences companies.
