Arcadia

Arcadia

Data-driven healthcare solutions and analytics

About

Arcadia focuses on improving healthcare outcomes through data-driven solutions in the healthcare sector, particularly in population health management. The company analyzes and manages the health outcomes of groups of people, serving clients such as healthcare providers, insurance companies, and government agencies. Its main product is a data platform that uses big data technology to efficiently ingest, compute, and store large amounts of healthcare data, allowing organizations to make better decisions and enhance patient care. Arcadia differentiates itself from competitors by offering a comprehensive suite of tools and services that support performance in areas like STARS HEDIS and risk adjustment accuracy. The company's goal is to help clients improve efficiency, reduce healthcare disparities, and achieve better health outcomes for their populations through subscription-based access to its platform and consulting services.

Company Stage

N/A

Employees

501-1,000

Industries

Data & Analytics, Healthcare

Total Funding

$28.7M

Headquarters

Boston, Massachusetts

Founded

2002


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Simplify's Take

What believers are saying

  • Arcadia's platform significantly improves healthcare decision-making, as evidenced by its ability to reduce care managers' workload by up to 50%.
  • The company's strong client portfolio, including nearly 200 providers, payers, and government agencies, demonstrates its market leadership and growth potential.
  • Recent funding of $125 million and the launch of a generative AI assistant highlight Arcadia's commitment to innovation and expansion.

What critics are saying

  • The departure of key executives, such as the former CTO, could lead to strategic and operational disruptions.
  • The healthcare data market is highly competitive, with numerous players vying for market share, which could impact Arcadia's growth.

What makes Arcadia unique

  • Arcadia's data platform leverages big data technology to provide unparalleled depth and breadth of healthcare data, setting it apart from competitors.
  • The company's focus on population health management and risk adjustment accuracy offers specialized solutions that are critical for healthcare providers and insurers.
  • Arcadia's recent acquisition of CareJourney enhances its data capabilities, providing clients with enriched datasets and actionable insights.

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Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-5%

2 year growth

-2%

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