Transactions
January 2013
Cerecons Acquired By Medecision and HCSC
Company Description
Cerecons is the leading provider of SaaS care coordination and population management technology solutions to Accountable Care Organizations (ACOs) and other risk-bearing provider organizations across the U.S.. The company provides innovative and scalable care coordination workflow, analytics and reporting, and point-of-care clinical content software to more than 70 leading provider organizations, covering more than 1.5 million patients. The Cerecons unified technology platform allows for delivery of medical management alerts (both clinical and administrative) across the care chain from administrators to physicians at the point-of-care – and vice versa – allowing for greater insight and control over the cost and quality of care in a rapidly-deployed model that often sees clients go live in fewer than 30 days.
Objectives
Cerecons and its key stakeholders engaged TripleTree to help them explore strategic options as demand for healthcare integration, automation, and connectivity continues to drive significant growth across all segments of healthcare. Recognizing that their market was developing extraordinarily quickly, Cerecons sought a strategic partner with the ability to immediate create new opportunities for their solutions as well as a shared vision for how to achieve them. As the exclusive advisor to Cerecons, TripleTree directed a highly targeted process intended to take advantage of the Company’s first-mover advantage in the provider-focused care coordination market.
Results
The unique care coordination platform developed by Cerecons gives Medecision the capability to enable its existing payer customers (as well as its parent company HCSC) to manage new risk-sharing models and create meaningful transparency into their affiliated physician groups. In addition, Cerecons accelerates Medecision’s efforts to sell its solutions directly to healthcare providers in support of new care delivery and payment models. The combination of these companies creates an organization that can support the converging needs of both payers and providers and brings together capabilities that can set the industry standard for coordinated accountable care.
LEAD INVESTMENT BANKERS
David Brownlie
Scott Donahue
Company Description
Cerecons is the leading provider of SaaS care coordination and population management technology solutions to Accountable Care Organizations (ACOs) and other risk-bearing provider organizations across the U.S.. The company provides innovative and scalable care coordination workflow, analytics and reporting, and point-of-care clinical content software to more than 70 leading provider organizations, covering more than 1.5 million patients. The Cerecons unified technology platform allows for delivery of medical management alerts (both clinical and administrative) across the care chain from administrators to physicians at the point-of-care – and vice versa – allowing for greater insight and control over the cost and quality of care in a rapidly-deployed model that often sees clients go live in fewer than 30 days.
Objectives
Cerecons and its key stakeholders engaged TripleTree to help them explore strategic options as demand for healthcare integration, automation, and connectivity continues to drive significant growth across all segments of healthcare. Recognizing that their market was developing extraordinarily quickly, Cerecons sought a strategic partner with the ability to immediate create new opportunities for their solutions as well as a shared vision for how to achieve them. As the exclusive advisor to Cerecons, TripleTree directed a highly targeted process intended to take advantage of the Company’s first-mover advantage in the provider-focused care coordination market.
Results
The unique care coordination platform developed by Cerecons gives Medecision the capability to enable its existing payer customers (as well as its parent company HCSC) to manage new risk-sharing models and create meaningful transparency into their affiliated physician groups. In addition, Cerecons accelerates Medecision’s efforts to sell its solutions directly to healthcare providers in support of new care delivery and payment models. The combination of these companies creates an organization that can support the converging needs of both payers and providers and brings together capabilities that can set the industry standard for coordinated accountable care.
LEAD INVESTMENT BANKERS
David Brownlie
Scott Donahue
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