By Great Point Partners

closed 6/26/2020 via PR Newswire

Cedar Gate Technologies, acquired Citra Health Solutions

See 196 Comparable Transactions
synopsis: Cedar Gate Technologies, a leading value-based care performance management company, has acquired Citra Health Solutions, a leading provider of capitation management software solutions. By acquiring Citra, Cedar Gate expands its software and services capabilities across the full spectrum of value-based care.
buyer parent: GTCR, LLC
buyer: Cedar Gate Technologies
Cedar Gate is a value-based care performance management company. Cedar Gate provides analytic, technological, and advisory services to providers, payers, and self-insured employers to enable them to meet and exceed the performance thresholds of value-based care contracts, networks, and programs. "
 target parent: Great Point Partners
target: Citra Health Solutions
Citra Health Solutions provides integrated software solutions for the administrative, financial, and clinical needs of health care payer organizations, with a configurable, scalable, and flexible end-to-end eligibility, membership, authorization, capitation, claims, payment, and analytics platform.
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closed 12/19/2019 via BusinessWire

Audax Group, acquired Corrona, Inc.

See 150 Comparable Transactions
synopsis: Audax Private Equity announced that it has recapitalized, in partnership with the management team, Corrona, LLC. Corrona provides real world evidence through syndicated registry data and analysis services, helping biopharmaceutical companies demonstrate the value of their products to clinicians, patients, payers, and regulators.
buyer: Audax Group
Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $24 billion in capital across its Private Equity and Private Debt businesses. "
 target parent: Great Point Partners
target: Corrona, Inc.
Corrona provides real world evidence through syndicated registry data and analysis services, helping biopharmaceutical companies demonstrate the value of their products to clinicians, patients, payers, and regulators.
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closed 12/11/2019 via PR Newswire

Corrona, Inc., acquired HealthiVibe LLC

See 96 Comparable Transactions
synopsis: Corrona, LLC, a leading provider of real-world observational and syndicated registry data, announced that it has acquired HealthiVibe, LLC, a leading patient experience company. HealthiVibe uses a systematic, evidence-based process to help pharmaceutical clients spearhead patient engagement initiatives of the product lifecycle.
buyer parent: Great Point Partners
buyer: Corrona, Inc.
Corrona provides real world evidence through syndicated registry data and analysis services, helping biopharmaceutical companies demonstrate the value of their products to clinicians, patients, payers, and regulators. "
 target: HealthiVibe LLC
HealthiVibe uses a systematic, evidence-based process to help pharmaceutical clients spearhead patient engagement initiatives of the product lifecycle. They leverage models and online analytic platforms to provide tools to optimize clinical trials and enhance product commercialization.
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closed 10/15/2018 via Company Press Release

Citra Health Solutions, acquired DataWing Software

See 1084 Comparable Transactions
synopsis: Citra Health Solutions announced the acquisition of DataWing Software, a Portland, Oregon company specializing in administrative solutions designed to improve efficiencies around managing eligibility files and helping health care organizations ensure maximum profitability with capitation models.
buyer parent: Great Point Partners
buyer: Citra Health Solutions
Citra provides a one-contract, connected solution for clinical, financial and administrative requirements. Citra empowers clients with proven technology, population health, analytics, care management, and administrative services. "
 target: DataWing Software
DataWing Software® has developed a number of innovative and user-friendly data administration solutions designed specifically for healthcare organizations to improve efficiencies and increase profitability.
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closed 6/27/2018 via PR Web

United Claim Solutions, acquired Zebu Compliance Solutions

See 27 Comparable Transactions
synopsis: United Claim Solutions (UCS), a Great Point Partners II portfolio company, has acquired Portsmouth, Ohio-based Zebu Compliance Solutions (Zebu), a software enabled business, providing payment integrity and ongoing credentialing solutions to payors, clearinghouses, and provider organizations across the United States.
buyer parent: Great Point Partners
buyer: United Claim Solutions
United Claim Solutions (UCS) is an innovative payment integrity solutions company providing cutting edge and customizable solutions for TPAs, self-insured groups, labor and trust organizations, stop-loss carriers and health plans. "
 target: Zebu Compliance Solutions
Zebu Compliance Solutions improves medical coding efficiency, reimbursement assurance, auditing toolsets, claim accuracy, and staff licensing/exclusion monitoring. Their clients reduce labor costs, increase revenue, and maintain audit-readiness.
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closed 12/18/2015 via PE Hub

New Mountain Capital, LLC, acquired Equian

See 179 Comparable Transactions
synopsis: Equian, a Great Point Partners I (GPP I) portfolio company, announced that it has been acquired by New Mountain Capital, LLC. Equian is a leading provider of health care payment integrity solutions to payors of medical claims.
buyer: New Mountain Capital, LLC
New Mountain Capital is a New York-based private equity firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm manages private equity, public equity and credit funds. "
 target parent: Great Point Partners
target: Equian
Equian is a healthcare information services company providing solutions throughout the United States -- and around the world -- that ensures each healthcare interaction is paid accurately, and at the lowest possible cost.
price ($mm)
$225
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closed 1/21/2015 via Market Wire

Equian, acquired The Assist Group

See 24 Comparable Transactions
synopsis: Equian, a healthcare information services company, completed the acquisition of The Assist Group, a pre-payment technology and solutions company with extensive clinical and claim resolution processes that identify improper costs and yield significant savings to payers.
buyer parent: Great Point Partners
buyer: Equian
Equian is a healthcare information services company providing solutions throughout the United States -- and around the world -- that ensures each healthcare interaction is paid accurately, and at the lowest possible cost. "
 target: The Assist Group
Based in Lakewood, Colorado, The Assist Group ("TAG") is a pre-payment technology and solutions company with extensive clinical and claim resolution processes that identify improper costs and yield significant savings to payers.
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closed 6/16/2014 via Market Wire

Health Systems International, acquired AfterMath Claim Science, Inc.

See 24 Comparable Transactions
synopsis: Equian completed the acquisition of AfterMath Claim Science, Inc. effective June 16, 2014. Based just outside of Chicago, IL, AfterMath Claim Science is a post-payment recovery services company that identifies and eliminates medical claim payment errors.
buyer parent: Great Point Partners
buyer: Health Systems International
Equian is a healthcare information services company focused on lowering the cost of care by eliminating waste. It provides pre-payment solutions, post-payment solutions, and data analytics methodology. "
 target: AfterMath Claim Science, Inc.
AfterMath Claim Science is a specialized overpayment recovery company, with data mining techniques aimed at specific claim types not detected by traditional claims overpayment services. Its Member Eligibility Overpayment (MEO) recovery program is the highest performing recovery program of its kind.
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closed 10/18/2013 via Market Wire

Health Systems International, acquired The Reclaim Group

See 38 Comparable Transactions
synopsis: Health Systems International completed the acquisition of The Reclaim Group. The agreement marks the ninth tuck-in acquisition Health Systems International has completed in a five year period. TRG is a medical post-payment recovery services company that partners with health insurers to identify and eliminate facility claim payment errors.
buyer parent: Great Point Partners
buyer: Health Systems International
Health Systems International provides medical cost management solutions to healthcare payors in multiple markets throughout the world. It connects clients to the lowest possible cost of care utilizing advanced technology, customized solutions, exclusive offerings, and personalized service. "
 target: The Reclaim Group
The Reclaim Group, based in Bethesda, Maryland, is a medical post-payment recovery services company that partners with health insurers to identify and eliminate facility claim payment errors and costly rework.
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closed 4/4/2012 via Market Wire

Health Systems International, acquired iMed Cost Containment Solution

See 67 Comparable Transactions
synopsis: Health Systems International has completed the acquisition of iMed Cost Containment Solution and the bill review clients of its affiliated firm, Chapman & Associates. Based in Aurora, Colorado, iMed provides medical cost management services for workers' compensation, liability, and auto (PIP) claims.
buyer parent: Great Point Partners
buyer: Health Systems International
Health Systems International provides medical cost management solutions to healthcare payors in multiple markets throughout the world. It connects clients to the lowest possible cost of care utilizing advanced technology, customized solutions, exclusive offerings, and personalized service. "
 target: iMed Cost Containment Solution
iiMed Cost Containment Solution® is an innovative Medical Cost Containment and Managed Care company for Workers’ Compensation, seeking to control costs and deliver positive outcomes. iMed provides medical cost management services for workers' compensation, liability, and auto (PIP) claims.
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By Great Point Partners


read more

Citra Health Solutions

Corrona, Inc.

HealthiVibe LLC

DataWing Software

Zebu Compliance Solutions

Equian

The Assist Group

AfterMath Claim Science, Inc.

The Reclaim Group

iMed Cost Containment Solution

read more
read more
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