Global Healthcare Alliance Has Been Acquired by Cedar Gate Technologies
October 24, 2018
Global Healthcare Alliance (“GHA”), a leading provider of end-to-end prospective bundled payment solutions serving healthcare providers, self-insured employers and commercial payers, has been acquired by Cedar Gate Technologies, a value-based care performance management analytic company.
The combination creates a complete value-based care performance management platform offering analytics and systems to assist clients with designing, contracting, managing, and administering any type of value-based alternative payment model across clinical specialties. Cedar Gate Technologies is led by David B. Snow Jr., a nationally recognized Fortune 50 healthcare CEO, in partnership with GTCR.
Cain Brothers served as GHA’s exclusive financial advisor in connection with the transaction.
Founded over 20 years ago and based in Houston, TX, GHA develops and administers prospective bundles for multiple clinical specialties and has processed more than 2.25 million distinct bundles. GHA’s proprietary SaaS claims adjudication technology, AxiaTM, automates the conversion of fee-for-service claims into a single, bundled claim, and facilitates and manages payments between payers and providers.