Centauri Health Solutions, Inc., a Scottsdale, AZ-based provider of risk adjustment and healthcare quality solutions, acquired Human Arc, a Cleveland-based provider of healthcare enrollment, outreach, and revenue cycle services.
The investment was led by Silversmith Capital Partners.
The amount of the deal was not disclosed.
Led by CEO Michael J. Baird, Human Arc works with providers and payors to identify individuals who may be eligible for government-sponsored health coverage or subsidies, intervening to assist those members and patients through the enrollment processes.
The combined company will provide services extending to more than 20 million Medicare and Medicaid beneficiaries in 2017, through over 650 employees across six regional offices. The national client base includes eight of the top 10 Medicaid plans, five of the top 10 Medicare Advantage plans, and numerous large, integrated hospital systems.
Led by CEO Adam Miller, Centauri Health Solutions providea private cloud-based software solutions for users to get access to comprehensive data management designed specifically for risk adjustment and quality-based revenue programs.
The company also has offices in Nashville, Tenn., and Orlando, Fla.
FinSMEs
09/02/2017