Cedar Gate Technologies acquires Deerwalk, with the motto line that describes as “Combination creates the most comprehensive SaaS analytics platform in the healthcare industry with leading suite of value-based care enablement technologies”.
Cedar Gate Technologies, a leading value-based care performance management company has announced its acquisition of Deerwalk, renowned as the powerful healthcare data management, analytics and business intelligence company.
The two companies combined together now has the best opportunity to create and unparalled value based care analytics and administration platform empowering all healthcare constituents to deliver the most cost-effective, highest-quality care, we believe.
“This acquisition solidifies Cedar Gate as the industry-leading value-based care platform company at a crucial time when healthcare is migrating away from fee-for-service to various forms of fee-for-value and risk-based alternatives,” said David B. Snow, Jr., Chairman and Chief Executive Officer of Cedar Gate Technologies.
“Deerwalk’s SaaS solutions and capabilities are highly complementary to our current platforms. Together, we enhance our ability to deliver end-to-end analytics, technologies, reporting, reconciliation and administrative services to any entity taking or managing healthcare risk”, he added.
“Deerwalk now becomes part of Cedar Gate’s vision to provide end-to-end analytics to the healthcare industry and I am very excited about this next phase for Deerwalk’s employees and customers,” said Rudra Pandey, Founder and Executive Chairman of Deerwalk.
Cedar Gate Technologies acquires Deerwalk: Who are Cedar Gate Technologies?
Cedar Gate Technologies is a leading value-based care performance management company founded in 2014 by David B. Snow Jr., a nationally recognized Fortune 50 CEO, in partnership with GTCR, a leading Chicago-based private equity firm. In 2018, Ascension Ventures, a strategic healthcare venture firm, became part of the ownership group.
Cedar Gate provides high-performance analytic, technological, administrative and advisory services to providers, payers and self-insured employers to exceed performance thresholds of value-based care contracts, networks and programs.
You can visit cedargate.com to know more about the company.
Cedar Gate Technologies acquires Deerwalk: Who are Deerwalk?
Deerwalk is an innovative population health management, data management, and healthcare analytics software company based in Lexington, Massachusetts. Founded in 2010, Deerwalk is privately held with over 300 employees worldwide, including a technology campus in Kathmandu, Nepal.
Deerwalk partners with industry leaders responsible for making decisions for the health of a population to optimize costs and improve the quality of care. Deerwalk offers a complete population health management suite built on a foundation of data integrity that delivers reliable data insights and actionable intelligence.
SOURCE: Cedar Gate Technologies
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