What You Should Know:
– Cedar Gate acquires Deerwalk, an innovative population health management, data management, and healthcare analytics software company based in Lexington, Massachusetts.
– By acquiring Deerwalk, Cedar Gate expands its employer-based offerings with the ability to actively engage employers and ASOs as they manage rising healthcare costs. The combined suite of offerings improves the patient experience and delivers financial sustainability.
Cedar Gate Technologies (Cedar Gate), a leading value-based care performance management company, today announced its acquisition of Deerwalk, a powerful healthcare data management, analytics, and business intelligence company. Together, the companies create unparalleled value-based care analytics and administration platform empowering all healthcare constituents to deliver the most cost-effective, highest-quality care.
The combined company’s actionable insights, intelligent reporting, and administrative solutions serve the needs of payers, providers, employers, and Administrative Services Organizations (ASOs), including health plans, third party administrators (TPAs), brokers, consultants, and others.
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 325 employees worldwide, including a technology campus in Kathmandu, Nepal. Deerwalk offers a complete population health management suite built on a foundation of data integrity to deliver reliable data insights and actionable intelligence.
Combination Creates Establishes Cedar Gate As Leading Value-Based Care Platform
Cedar Gate supports all facets of value-based care contract management including primary care attribution, retrospective & prospective bundles, primary care capitation, specialty capitation, and global capitation. Using its cloud-based SaaS platform and administrative systems, Cedar Gate enables payers, providers, and self-insured employers to reduce medical spending, re-capture revenues, and create high-performance provider networks to improve clinical and financial performance.
By acquiring Deerwalk, Cedar Gate expands its employer-based offerings with the ability to actively engage employers and ASOs as they manage rising healthcare costs. The combined suite of offerings improves the patient experience and delivers financial sustainability. “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.
Financial details of the acquisition were not disclosed.
