Arcadia Healthcare Solutions (‘Arcadia’ or ‘Company’) today announced that Peloton Equity, LLC (‘Peloton’), a newly formed healthcare-based private equity firm, Zaffre Investments, LLC, and existing investors have invested $13 million in the company’s growth capital. Founded in 2002, Arcadia is a leading electronic health record (‘EHR’) data aggregation and analytics technology company with a focus on serving out outpatient networks affiliated with large payers and providers, including health plans, accountable care organizations (‘ACOs’), integrated delivery networks (‘IDNs’) and large medical groups, among others. The technology and services of Arcadia enable its customers to implement and optimize the EHR platform, to acquire, integrate and report clinical data from EHR and health insurance claims in order to transform medical practices based on the insights gained from that data. This suite of solutions empowers outpatient networks to become data-driven organizations, leading to effective population health management and success in both fee-for-service and value-based care payment models. Arcadia is headed by CEO Sean Carroll, a long-standing executive with over 25 years of experience in the IT health sector.
‘We are very excited to be working with Peloton and Zaffre as we prepare for our next phase of growth. I have known and worked with Peloton’s partners for over 10 years, and they have considerable experience of building market-leading healthcare companies,” said Carroll. ‘In addition, Zaffre’s strategic investment is another validation of our market relevance and the importance of Arcadia’s core competencies. ”
This is the second investment made by Peloton since its launch in August 2014. ‘We believe that Sean and his team are building a market-leading company that helps solve the growing and acute challenge of the industry,’ said Carlos Ferrer, founding director at Peloton. ‘Arcadia’s analytical software and technology-enabled services enable medical networks to provide better care at a lower cost. ”
‘The investment in Arcadia is well aligned with Zaffre’s focus on investing in the future of quality healthcare,’ said Steve Agular, Managing Director of Zaffre Investments. ‘We understand the opportunity to use high-quality EHR data to transform healthcare and believe that Arcadia is uniquely positioned to help health plans and providers achieve that goal. ”
The $13MM investment by Peloton, Zaffre and existing investors is incremental to the capital previously invested by existing shareholders, including Ferrer Freeman & Company, and provides the financial foundation for the Company to add to its suite of technology products, including the core Arcadia Analytics and EHR Connect platforms, accelerate sales and marketing efforts, and add executive story. Arcadia knows that the healthcare industry is moving from a volume-based, fee-for-service payment model to a value-based care payment model, and that physicians and other healthcare professionals are crucial to driving this significant transformation of the sector. As such, there is a significant opportunity for trusted partners such as Arcadia to facilitate the need for high-quality, workable data on the outpatient network and provide practical transformation solutions to implement the insights gained from this data in order to drive better patient outcomes.
On Peloton Equity
Peloton Equity, LLC (http://www) Pelotonequity: (com) is a newly formed private equity firm that focuses exclusively on growth capital investment in the lower middle market of the healthcare sector. The portfolio of Peloton includes HealthPlanOne, a leading technology-enabled digital marketing firm specializing in Medicare and individual and family health insurance sales and distribution. Peloton leverages its extensive healthcare network, value-building diligence and investment process, and portfolio management platforms to add value to its portfolio companies. Peloton is seeking companies with between $20 and $200 million in revenue and the management team, market opportunities and business model to significantly increase revenues over the life of its investment.
On Zaffre Investments
Zaffre Investments, LLC (http://www) Zaffreinvestment Com/) is a wholly-owned subsidiary of Blue Cross Blue Shield of Massachusetts committed to value-added investments in new products, services and technologies that aim to improve the delivery and reception of healthcare. Zaffre focuses on companies across the healthcare landscape, focusing primarily on ACOs, consumer solutions, health information technology and behavioral health. The company is a step-by-step agnostic, considering the financial and market positions, capabilities and core values of the company, as well as their missions and visions for the future. Zaffre uses a true partnership model for its portfolio companies, providing strategic direction, business support, industry connections and more.
Arcadia Healthcare Solutions
Arcadia Healthcare Solutions is an EHR Data Aggregation and Technology Analytics company that trusts provider groups, health plans and integrated delivery networks nationwide. Arcadians use the proven Arcadia Analytics platform to collect, integrate and manage EHR and claims data with client care teams and executives to deliver rapid and lasting results. With expertise in both fee-for-service optimization and value-based performance environments, Arcadia supports providers with insights and actions to excel in the evolving landscape of American healthcare. Founded in 2002 and entirely focused on healthcare, Arcadia is headquartered outside Boston, with offices in Seattle and New York City. Go to www for more information. Arcadiasolutions: Come on,
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