Today: Jun 14, 2024

Arcadia’s Value-Based Care Division Sold to Thriving Startup.

6 months ago

Arcadia, a healthcare company, has sold its value-based care service division to Guidehealth, a value-based care enablement startup. The terms of the deal were not disclosed. Guidehealth founders Sanjay Doddamani, former CEO of value-based care startup Upstream, and Michael Gleeson, Arcadia’s former chief strategy and innovation officer, saw a need for technology that helps health systems maintain financial stability while succeeding in value-based care arrangements. The startup’s platform aims to improve providers’ financial performance through predictive analytics and strengthen their relationships with affiliated networks, while enabling referral growth. Guidehealth charges fees for its technology, takes risks in value-based care arrangements, and collects savings generated from these programs.