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Cedar Gate Technologies Receives Minority Investment from Ascension Ventures – Finsmes

Cedar Gate Technologies Receives Minority Investment from Ascension Ventures – Finsmes
finsmes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finsmes.com Daily Mail and Mail on Sunday newspapers.

Year-End Rev Cycle Tech Roundup

CareCredit is a health and wellness credit card accepted at more than 240,000 U.S. healthcare providers, health systems, and retail locations for medical care and other specialties. The CareCredit card also can be used to pay for out-of-pocket expenses including co-pays, coinsurance and deductibles, with promotional financing available on purchases of $200 or more that may not be available with general purpose credit cards. PersonaPay launched in March. SSI Group is partnering with the automated billing solutions firm  RCxRules to launch HCC Coding Edit Suite, which aims to help large health systems with risk-based contracts. The HCC Coding Edit Suite will help identify HCC Coding gaps for coder review, ensuring the capture of accurate and appropriate hierarchical condition category codes, to ensure the Risk Adjustment Factor (RAF) scores align with patient’s health.

Cedar Gate Technologies Receives Minority Investment from Cobalt Ventures

Cedar Gate Technologies Receives Minority Investment from Cobalt Ventures The amount of the deal was not disclosed. Founded in 2014 by David B. Snow Jr., a nationally recognized Fortune 50 CEO, Cedar Gate Technologies is a value-based care performance management company that supports all facets of value-based care including primary care attribution, retrospective and prospective bundles, primary care capitation, specialty capitation and global capitation. Using its cloud-based SaaS platform and administrative systems, the company enables payers, providers and self-insured employers to reduce medical spend, re-capture revenues and to deliver high-performance healthcare. FinSMEs

GTCR builds out Cedar Gate Technologies with more to come

GTCR builds out Cedar Gate Technologies with more to come
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GTCR-backed Cedar Gate Buys Deerwalk

GTCR-backed Cedar Gate Buys Deerwalk GTCR portfolio company Deerwalk, Inc. The acquisition expands healthcare advisory company Cedar’s technology offerings. “Deerwalk’s SaaS solutions and capabilities are highly complementary to our current platforms,” says Cedar CEO David Snow Jr. “Together, we enhance our ability to deliver end-to-end analytics, technologies, reporting, reconciliation and administrative services to any entity taking or managing healthcare risk. Today, we are the only vendor that offers a comprehensive solution for payers and providers at risk for the healthcare dollar.” Cedar’s acquisition of Deerwalk is an example of GTCR’s commitment to The Leaders Strategy, according to GTCR managing director

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