Friday, July 3

Cedar Gate Technologies Acquires Citra Health Solutions to Expand Value-based Technology

Cedar Gate Technologies Acquires Citra Health Solutions to Expand Value-based TechnologyCedar Gate Technologies Acquires Citra Health Solutions to Expand Value-based Technology

Cedar Gate Technologies
(Cedar Gate),
a Greenwich, CT-based value-based care
performance management company, today announced its acquisition
of Citra Health Solutions (Citra), a
provider of capitation management software solutions.

Expands Value-Based Care Technology Suite with Citra’s Capitation
Management Solutions

By acquiring Citra, Cedar Gate expands its software and
services capabilities across the full spectrum of value-based care. By
combining Cedar Gate’s existing capabilities in risk-based contract performance
management, high-performance analytics, bundled payment solutions and advisory
services, the acquisition now adds capitation through Citra’s market-leading
EZ-Suite platform.

Citra is a software solution provider for payers and delegated
risk-taking health care organizations in need of a complete end-to-end
technology to manage their operational and administrative processes. EZ-Suite,
the company’s core solution platform, is the only comprehensive software
solution that delivers a highly configurable, scalable and flexible platform
supporting multiple lines of insurance business, including Medi-Cal, Medicaid,
Medicare Advantage, Carve-out and Commercial populations.

“This acquisition marks the culmination of years of hard work by our employees and dedicated thought leadership within our business,” said Scott Sanner, Chief Executive Officer of Citra Health Solutions. “We are incredibly grateful to our loyal client base and look forward to expanding the EZ-Suite offerings through Cedar Gate’s enterprise solutions.”  

Prospective Bundled Payment Programs

Cedar Gate Technologies’ bundled payment solution has more
than 20 years’ experience designing, building, and managing prospective bundled
payment arrangements that are economically sustainable and steeped in clinical
excellence. Cedar Gate’s enterprise platform includes the ISAAC™ SaaS
performance management system, which enables payers, providers and self-insured
employers to optimize any risk-based contract by identifying improvements in
medical loss ratios, capturing lost revenues and enhancing provider network and
clinical performance.

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