Cedar Gate Technologies, a Greenwich, Conn.-based value-based care performance management company, received a 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.