GREENWICH, Conn., Aug. 9, 2016 /PRNewswire/ -- Cedar Gate Technologies, a prescriptive analytics and operating platform for value-based care performance management, received its first listing in Gartner's July, 2016 Hype Cycle for Healthcare Providers.
Gartner's annual report tracks the maturity and adoption rates of various technologies relevant to the U.S. healthcare provider industry. The 2016 report added "Value-Based Performance Management Analytics," noting it as an emerging and critical capability needed by healthcare providers. A value-based care performance management overview is available at cedargate.com/vbc.article.
"We are very pleased Gartner has recognized value-based performance management analytics, and are proud to be included in this year's report," says David B. Snow, CEO of Cedar Gate Technologies. "Value-based care performance management analytics are being rapidly adopted by providers, payers and self-insured employers who are at-risk with the healthcare dollar and desire greater success under the new payment and delivery contracts."
Cedar Gate Technologies' new, innovative ISAAC™ platform is specifically built for risk and value-based contract management.
ISAAC™ incorporates actuarial methodologies linked to actual contract prices to provide accurate in-year and projected financial performance data. It uses prescriptive analytics to identify clinical, network and operational "one-to-many" improvement opportunities that affect thousands of patients and save millions of dollars. Its "Playbook" functionality creates operating plans linked to budgets, and drives accountability around the execution of identified opportunities.
ISAAC™ is a cloud-based, SaaS platform that can access data from any source. Providers, payers and self-insured employers use it to manage new payment and delivery model contracts.
About Cedar Gate Technologies
Cedar Gate Technologies ("Cedar Gate") is a leading advanced analytics computing company. Cedar Gate's powerful prescriptive analytics platform enables providers, payers, and self-insured employers to succeed at managing risk and value-based contracts. It identifies clinical, operational, and financial opportunities to manage risk, reduce costs, and improve quality of care.
Cedar Gate was launched in 2014 as a partnership between private equity firm GTCR and nationally recognized Fortune 50 healthcare CEO David B. Snow. GTCR has committed equity capital from GTCR Fund XI, a private equity fund with $3.85 billion of limited partner commitments, to support Cedar Gate's strategy, including acquisitions of technology solutions that support the healthcare industry's transition to value-based care.
For more information, please visit www.cedargate.com.
Jack A. Smith
Cedar Gate Technologies
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SOURCE Cedar Gate Technologies