Healthcare technology company Tabula Rasa HealthCare (TRHC) has completed the acquisition of San Francisco-based Cognify.
Cognify is a healthcare technology company focused on enabling patient-centered and integrated care along with financial management for the federal Program of All-inclusive Care for the Elderly (PACE) as well as Managed Long-term Care (MLTC) and medical home providers.
Following the deal, Mace Wolf, formerly CEO of Cognify, will remain with the company and serve as CEO of Cognify-Mediture. Mediture is the Electronic Health Record (EHR) software solutions unit of TRHC’s technology and services division CareVention HealthCare.
“The software and services of Cognify will continue to empower PACE organizations and track measurable outcomes in defined timeframes for the frail senior population we serve. Adding Cognify to TRHC amplifies our ability to develop scalable solutions to meet the needs of PACE and other at-risk payers, such as Medicare, Medicaid, and commercial health plans," said Calvin Knowlton, TRHC chairman and CEO. "We are confident our comprehensive, coordinated technology solutions will bring added value to our clients.”
Tabula Rasa Healthcare, Cognify, M&A, Healthcare, Mace Wolf, US