GREENWICH, Conn., Nov. 13, 2018 /PRNewswire/ -- Cedar Gate Technologies today announced that Lee Bernard Sacks, M.D. has been elected to its Board of Directors, adding valuable clinical expertise and extensive healthcare operations knowledge to the company.
Dr. Sacks is a nationally recognized physician executive with major accomplishments in safety, health outcomes, clinical integration, value-based care and provider organization management. He most recently served as Chief Medical Officer of Advocate Aurora Health, after 20 years as Executive Vice President and CMO of Advocate Health Care and CEO of Advocate Physician Partners. While at Advocate Physician Partners, he oversaw their 12-hospital system's 6,300 affiliated physicians and 11,000 nurses who provide quality care to patients in Chicago and central Illinois. He also served as President of the Illinois Academy of Family Physicians, and chaired the American Hospital Association Committee on Clinical Leadership.
"We are extremely pleased that Dr. Sacks has been elected to our board," said David B. Snow Jr., CEO of Cedar Gate Technologies. "He is a distinguished healthcare leader who brings added clinical expertise and the experience of having managed large, complex healthcare delivery systems to our board. He is nationally recognized for his value-based care expertise."
John D. Kos, Principal of GTCR and a Cedar Gate board member, remarked: "We look forward to working with Dr. Sacks to advance Cedar Gate's mission of enabling providers, payers and self-insured employers to transition to value-based reimbursement through the use of advanced clinical quality and cost-based analytics."
Dr. Sacks will join the Cedar Gate Technologies' board effective January 1, 2019. Other members of the board include: Chairman David B. Snow Jr., David Levy, M.D., CEO of EHE and past head of Price Waterhouse Coopers' Global Healthcare practice, Leslie Norwalk, Esq., Strategic Counsel to Epstein Becker Green, P.C. and past Acting Administrator for the Centers for Medicare and Medicaid Services (CMS), and representatives from private equity firm GTCR.
About Cedar Gate Technologies
Cedar Gate Technologies (CGT) is a value-based care performance management analytic company founded in 2014 by David B. Snow Jr., a nationally recognized Fortune 50 CEO, in partnership with GTCR, a market leading Chicago based private equity firm.
CGT provides advisory, administrative, and technology solutions to providers, payers and self-insured employers at risk for the healthcare dollar and transitioning from fee-for-service to value-based care. It is the only value-based performance platform with a workflow implementation capability, Playbook.
Through its acquisition of Global Healthcare Alliance (GHA), CGT can now provide clients with the analytic capability and systems they need to design, contract and manage the performance of any type of value-based alternative payment model.
CGT serves more than 1,000 healthcare providers and payers operating value-based alternative payment programs and clinical "Centers of Excellence."