NEW
YORK, Oct. 10, 2024 /PRNewswire/ -- Assured
Healthcare Partners LLC (AHP) is pleased to announce the
formation of CollabriOS Health, a new entity that brings together a
suite of integrated technology infrastructure, including Electronic
Health Records (EHR), third-party administrator (TPA) financial
services, and care coordination solutions designed to help Programs
of All-Inclusive Care for the Elderly (PACE) optimize
workflows, streamline business processes, and enhance overall
center operations.
As part of this initiative, CollabriOS Health will acquire
a suite of technologies from AnewHealth (formerly Tabula Rasa
HealthCare and CareVention HealthCare), which includes
PACELogic and TruChart EHR platforms, as well as the
CASELogic care management platform. These advanced
technologies are specifically designed to support the unique needs
of PACE programs and will form the core of the CollabriOS Health
product suite.
Additionally, CollabriOS Health will acquire RTZ Systems,
another prominent provider of PACE EHR and financial service TPA
solutions. By combining the strengths of these two organizations,
CollabriOS Health will deliver a preeminent, integrated
technology operating system and a streamlined client experience for
PACE providers across the country.
Brian Adams, President,
AnewHealth, added, "It was important to us to find a partner fully
committed to elevating our EHR business and enhancing the client
experience. The AHP team, which will be leading and guiding this
next phase of growth for the business, is deeply experienced in
healthcare and shares AnewHealth's commitment to helping PACE grow
and excel. Their focus on investing the knowledge and resources to
expand the impact of our EHR business is exactly what we sought for
our clients and the market."
"AHP has followed the PACE
industry for many years given the delivery model is at the
forefront of value-based care. CollabriOS Health provides the
operating systems that enable PACE programs to run efficiently and
collaboratively with their participants, employees, and
communities," said Matt
Jameson, a Managing Director at AHP. Chris Cunningham, a Principal at AHP,
added: "We believe that by enhancing our technology solutions,
expanding our offerings, and investing in new innovations, we can
maintain a cutting-edge, fully integrated platform to better serve
the PACE community."
Michael Zawadski, currently the
CEO of RTZ Systems, will assume the role of CEO of CollabriOS
Health. Mike remarked, "I am honored to lead CollabriOS Health and
bring together the best capabilities from both AnewHealth and RTZ
Systems to create the optimal future infrastructure for our PACE
clients. By uniting these trusted solutions, we have a unique
opportunity to elevate the standard of care and deliver more
integrated, innovative technology that supports the diverse needs
of PACE programs and the communities they serve. I look forward to
building a stronger foundation for growth and collaboration across
the PACE market."
CollabriOS Health will expand the existing capabilities of
the current technologies across AnewHealth's EHR and RTZ Systems to
meet the evolving needs of PACE programs. Through these efforts,
CollabriOS Health aims to enhance its status as a preferred
partner for PACE organizations, providing the tools they need to
thrive in a rapidly changing healthcare environment.
About AHP
AHP is a New York based investment
management firm focused exclusively on healthcare. AHP's senior
investment team have invested or managed over $3 billion in capital across the healthcare
landscape. AHP's mission is to create shared value by partnering
with, and accelerating the growth of, healthcare companies. For
more information, please visit AHPartners.com.
About AnewHealth
AnewHealth is one of the nation's leading pharmacy care management
companies that specializes in caring for people with the most
complex, chronic needs—wherever they call home. The company enables
better health and quality of life for patients while helping the
healthcare organizations who support them improve key clinical and
cost outcomes. Established in 2023 through the combination of
ExactCare Pharmacy and Tabula Rasa HealthCare, AnewHealth provides
a suite of solutions that includes comprehensive pharmacy with
national dispensing; proprietary science-based technology to
optimize medication therapy; full-service pharmacy benefit
management; and specialized support services for PACE (Program of
All-Inclusive Care for the Elderly). Today, AnewHealth cares for
nearly 110,000 people nationwide through strong healthcare
partnerships with risk-bearing providers, primary and specialty
care providers, kidney care and dialysis providers, home health
organizations, and managed care plans.
Advisors
Truist Securities served as financial advisor and McGuireWoods LLP
served as legal counsel to AHP.
Cantor Fitzgerald served as financial advisor and Kirkland &
Ellis LLP served as legal counsel to AnewHealth. Cooley LLP served
as legal counsel to RTZ Systems.
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SOURCE Assured Healthcare Partners LLC