Announced
Synopsis
Cedar Gate Technologies, a value-based care performance management company, agreed to acquire Citra Health Solutions, a provider of capitation management software solutions, from Great Point Partners, a private equity firm. Financial terms were not disclosed. "The addition of Citra couldn't come at a better time. Now, more than ever, health systems are looking for ways to transition away from fee-for-service as value-based care becomes the new standard. Through Citra's long-standing capitation capabilities, we now provide our clients with the ability to design, administer and optimize all risk-based arrangements," David B. Snow Jr., Cedar Gate Technologies CEO.
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