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GuideWell Mutual Holding Corporation has acquired PopHealthCare, a risk adjustment and population care management company.
PopHealthCare will operate as a fifth business unit under the GuideWell umbrella and will form the foundation for GuideWell's expansion into population health management with a focus on post-acute and in-home care for individuals with complex and chronic illness.
"As a health solutions company, we constantly seek new and better ways to improve care for the people and communities we serve. In PopHealthCare we have found a partner that shares that commitment," said Pat Geraghty, CEO of GuideWell.
"Together we intend to build upon their proven track record in risk adjustment and population health management to create an industry-leading model for the delivery of post-acute complex care to high-need individuals. The additional investment, resources and expertise GuideWell can offer will help PopHealthCare grow its business by delivering even greater value to its customers and their stakeholders, while at the same time we tap their existing capabilities to benefit our own health plan members."
Mike Tudeen, CEO of PopHealthCare, added: “PopHealthCare is very excited to join the esteemed group of companies in the GuideWell family. We have common cultures, a shared vision for the future, and a relentless focus on serving the needs of high-risk populations. We are committed to doing our part to improve our country's overall health care system by delivering accountable health care and demonstrable value.
“Remaining independent, while having access to GuideWell's expertise and resources, will optimize our ability to remain innovative and will enhance our ability to be responsive to our clients' evolving needs."
GuideWell Mutual Holding Corporation, M&A, PopHealthCare, US
