Company Description
Altegra Health provides technology and intervention platforms that serve as the underlying infrastructure necessary to enable the transition from fee-for-service to value-based payments. The Company has a unique ability to identify, engage and assist health plans’ highest-value members through its multi-channel member engagement platform, thus enhancing clinical and financial outcomes. TripleTree previously advised Altegra’s predecessor, The Coding Source, in its sale to Parthenon in 2011, and Outcomes Health in its sale to Altegra in 2014.
Objectives
TripleTree was engaged by Altegra Health due to its deep insight and experience working with companies in the risk adjustment and value-based payment industries. TripleTree leveraged its industry knowledge to position Altegra’s unique capabilities and market position as the value-based payments enablement platform, highlighting Altegra’s growth opportunities as a result of the shift to value-based payments and leveragability of its core assets to address broader market opportunities such as care optimization.
Results
In a competitive process, Emdeon distinguished itself because of strong synergies between the two businesses, combining Altegra Health's analytics platform with Emdeon's revenue cycle technology and payment solutions. Together, the combined business will enable the delivery of innovative products designed to help customers elevate care quality and optimize financial performance while improving member experience.