Company Description
Outcomes Health Information Solutions (Outcomes) is a provider of predictive analytics and technology-enabled services to health plans, provider groups, and other healthcare industry constituents. Outcomes’ value proposition is its ability to wrap clinical intelligence around large volumes of disparate claims and encounter data to ensure payment accuracy, identify and fill targeted gaps in care, and streamline quality and outcomes reporting. The Company has developed best-in-class analytics, workflow automation tools, and enterprise wide data management capabilities to derive actionable, patient-centric and provider-centric intelligence. Outcomes’ proprietary workflows are launched from its integrated technology and services delivery platform that enables the continuous calibration of work across a large and geographically-distributed remote workforce in a paperless fashion, with highly transparent quality controls, and consistent execution on a highly compressed timeline. These unique characteristics have positioned the Company to scale not only within its current verticals, but also within rapidly expanding adjacent markets that are in need of actionable, reliable data to improve outcomes, lower costs, and comply with an ever-increasing amount of regulatory guidelines.
Objectives
Outcomes engaged TripleTree as their exclusive financial advisor to due to its insight and experience in working with companies in the risk assessment and clinical auditing industries. The Company’s primary considerations were to find a strategic partner with a shared vision of the future, while providing shareholder liquidity and a seamless transition for the employees and client base. The highly strategic nature of the sale dictated that TripleTree maintain careful control of confidential information on behalf of the Company throughout the process.
Results
In assessing strategic buyers for Outcomes, AltegraHealth, a leading provider of revenue-enhancement, eligibility and enrollment, quality measurement and risk analytics to government-funded health plans, distinguished itself because of strong natural synergies between the two businesses. Coupled with Outcomes’ proprietary IP and workflow technology, Altegra brings a complementary set of capabilities that creates a highly differentiated platform to pursue a large and expanding market opportunity.