December 22, 2015
Capricorn Healthcare (“Capricorn”) announced that it closed a transaction with Altruista Health (“Altruista”), a care management and population health software platform serving payer and provider organizations. Through its investment, Capricorn will partner with Altruista’s co-founders and executive team, who will continue to lead the company. Financial terms of the transaction were not disclosed.
Based in Reston, VA, Altruista Health delivers web-based medical management and care coordination applications that help healthcare organizations address the complex care and support needs of Medicaid, Medicare, and other high-risk populations. The company’s GuidingCare™ software platform includes several integrated modules that consolidate key population health management functions, including predictive risk modeling, gaps-in-care analytics, care management, disease management, utilization management, physician/provider coordination, and member/caregiver engagement among others. Altruista has rapidly become an industry leader. The company has enjoyed recognition from a number of industry participants, including being identified by the Gartner Group as one of the fastest growing care management technology companies in the government sector, as well as being included in Deloitte’s 2015 Technology Fast 500™.