GREENWICH, Conn., May 9, 2017 /PRNewswire/ -- Cedar Gate Technologies, a value-based care performance management analytic company, was one of four companies to receive a Cool Vendor designation in Gartner's April, 2017 "Cool Vendors in Health-Value Management for U.S. Healthcare," report.
Every year, Gartner selects sets of Cool Vendors – up-and-coming technology providers across a wide range of industry and functional domains. These vendors' innovative technologies, value propositions and business models may not be suitable for every enterprise's needs.
This year's Cool Vendors share a common theme of leveraging a new technology to provide an innovative new offering or solution that address payer's most pressing problems.
"We are very pleased Gartner has designated us as a Cool Vendor in this year's report," says David B. Snow Jr., CEO of Cedar Gate Technologies. "Our ISAAC™ platform's unconventional application of predictive and prescriptive analytics to value-based performance management sets it apart from population health management companies. ISAAC™ aims to improve healthcare delivery systems – in essence fixing-the-healthcare-factories – instead of chasing individual patients. Each fix will improve the quality-of-care for thousands of patients and save millions of dollars."
ISAAC™ is a cloud-based, SaaS platform that utilizes claims and other data accessed from any source. Payers, providers and self-insured employers use it to optimize risk-based contracts, reduce medical spend, improve medical loss ratios and improve provider network and clinical performance – all on a single platform.
About Cedar Gate Technologies
Cedar Gate Technologies ("Cedar Gate") is an innovative, advanced analytic computing company founded in 2014 by David B. Snow Jr., a nationally recognized Fortune 50 healthcare CEO, in partnership with the private equity firm GTCR. 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.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
To learn more about Cedar Gate Technologies, visit www.cedargate.com.
Jack A. Smith
Cedar Gate Technologies
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SOURCE Cedar Gate Technologies