Comprehensive suite empowers providers and health plans with innovative, data-driven solutions for value-based care
Combined company receives new investment from global software investor Insight Partners
BURLINGTON, Mass., Feb. 19, 2025 /PRNewswire/ -- Azara Healthcare, the Best in KLAS provider of population health and value-based care solutions, today announced that they have joined forces with i2i Population Health. Global software investor Insight Partners led the merger and invested in the newly combined company, which aims to deliver industry-leading population health solutions to payers and providers supporting underserved communities. Insight joins existing Azara Healthcare investor Hughes & Company.
Insight's investment will help expand the breadth and depth of the new company's offerings. The merger positions Azara and i2i to further support a full range of safety net providers in their government and commercial risk contracts, payer-provider collaboration, quality and compliance initiatives, care management, and cost and utilization strategies.
"At Azara Healthcare, our goal has always been to empower healthcare organizations with solutions that provide actionable insights to drive improved patient health outcomes," said Jeff Brandes, President and CEO of Azara Healthcare. "The investment from Insight Partners, in tandem with the market presence and capabilities of i2i, will accelerate our ability to innovate and expand our offerings to the safety net. With nearly 100 million patients relying on this critical group of providers, our combined team will continue driving market-leading innovation to impact the health and lives of the communities our clients serve. This partnership marks a significant step forward in our capacity to deliver meaningful results for patients nationwide."
Together, Azara Healthcare's population health and value-based care platform, Azara DRVS, and i2i's innovative solutions:
The joining of Azara and i2i's capabilities address a broad range of providers serving underserved communities, including community health centers, critical access and community hospitals, rural health centers and Indian health services. The combined base of providers is impacting care and outcomes for more than 50 million patients across the US.
"By compounding our strengths, we are poised to make a meaningful difference in the lives of millions of Americans by improving access to coordinated, high-quality care. Merging these cutting-edge technologies to support payer and provider organizations advances the programs that improve the health of all communities," said Justin Neece, CEO of i2i. "Value-based care remains a top priority in the healthcare landscape for 2025 and beyond. Provider organizations and health plans need population health tools that integrate data and present timely, actionable solutions to drive positive health outcomes."
With Insight's investment, Managing Directors Anika Agarwal and Krish Sastry, as well as Principal Sam Rhee, will join Azara Healthcare's board.
"Azara Healthcare's remarkable growth, client satisfaction, and innovative approach to advancing data-driven healthcare solutions continues to be impressive," said Agarwal. "In today's complex healthcare landscape, Azara and i2i address the safety net's needs and stand out as leaders in progressing value-based care. Software is a critical lever to significantly improving the value extracted out of every dollar spent on healthcare."
Sastry added: "We're excited to support the joint Azara and i2i team as they drive transformative advancements in population health, empowering over 1,000 providers and dozens of payers to achieve greater impact and improve health outcomes on a broader scale."
The company will have headquarters in Burlington, MA and an office in Nashville, TN.
Aeris Partners served as the exclusive financial advisor to Azara Healthcare, while Insight Partners was represented by Healthcare Growth Partners. Terms of the transactions were not disclosed.
About Azara Healthcare
Azara Healthcare, the 2023, 2024 and 2025 Best in KLAS population health management solution, is the leading provider of quality measurement, analytics and reporting for the Community Health and physician practice market. Azara solutions empower more than 1,000 Community Health Centers, physician practices, Primary Care Associations, Health Center Controlled Networks, and clinically integrated networks in 43 states to improve the quality and efficiency of care for more than 25 million Americans through actionable data. To learn more about Azara Healthcare, visit www.azarahealthcare.com.
About i2i Population Health
i2i Population Health is the nation's leading population health technology company, serving healthcare providers across 40 U.S. states and more than 30 million lives. With a focus on transforming care delivery, i2i enables organizations to manage patient populations effectively, identify care gaps, and improve quality outcomes. Visit www.i2ipophealth.com.
About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of September 30, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.
About Hughes & Company
Hughes & Company is a private equity firm investing in growing healthcare software and technology-enabled service companies. Hughes & Company works closely with its portfolio companies on initiatives to accelerate growth, enhance customer value propositions and increase long-term retention by applying institutional best practices and disciplined execution.
Media Contact:
John Gonda
Sage Growth Partners
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SOURCE Azara Healthcare
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