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Citra Health Solutions Announces Acquisition of SironaHealth
Introduction
GREENWICH, CT and JACKSONVILLE, FL — Citra Health Solutions (“Citra”), a Great Point Partners II (“GPP”) portfolio company, announced the acquisition of SironaHealth (“Sirona”), a Portland, Maine based company delivering a full spectrum of clinical care management services. Citra purchased SironaHealth as the next step in an on-going plan to extend its integrated population health solutions in the value-based market.
For nearly 20 years, Sirona has provided outsourced nurse triage, clinical care coordination, and patient care & case management services across the United States. Sirona utilizes its propriety technology platform and clinical call center resources to help health insurers, hospitals, providers, and other health care focused organizations engage patients with personalized care and connect patients to the appropriate resources and care settings.
“By managing the health of populations, including disease management, care management and wellness, Sirona will fit into Citra’s holistic approach to drive increased member engagement, reduce health care costs and improve the quality of care,” said Howard Buff, CEO and Founder of Citra Health Solutions. “e;The integrated health care model will provide a service and technology enabled platform that supports a multitude of payment models and risk arrangements for providers and health systems.” “The acquisition of Sirona brings to Citra a robust clinical infrastructure and a proven track record of excellence in nurse triage and patient engagement solutions,” added Adam Dolder, Managing Director at GPP. “The combined offerings of Citra and Sirona further entrench Citra as a preeminent player in evolving value-based care models.”
About Great Point Partners
Great Point Partners (“GPP”) is a leading health care investment firm with approximately $900 million of equity capital under management investing in the United States, Canada, and Western Europe. GPP is currently making new private equity investments from GPP II, which closed on $215 million in 2013. Great Point manages both private and public equity funds. Great Point Partners has provided growth equity, growth recapitalization, and management buyout financing to more than 100 health care companies and the private equity funds invest across all sectors of the health care industry with particular emphasis on biopharmaceutical infrastructure, devices and diagnostics, health care services, outsourcing, and information technology. Reach Great Point at 203-971-3300 or www.gppfunds.com.
About Citra Health Solutions
Citra Health Solutions is a leading health care services and technology firm that solves for the needs of providers, hospital systems and payers in the transition to value-based care. In this new era of payment and delivery, Citra empowers clients with proprietary technology, population health, analytics and care management services to strategically expand market opportunity, diversify revenue streams and reduce the cost of care. To learn more, visit www.citrahealth.com.