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Arcadia

Arcadia

Data-driven solutions for population health management

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 process and store large volumes of healthcare data, allowing organizations to access and analyze this information effectively. This leads to better decision-making and enhanced patient care. Unlike many competitors, Arcadia offers a comprehensive suite of tools and consulting services that help clients optimize their use of the platform, particularly in areas like STARS HEDIS and risk adjustment accuracy. The goal of Arcadia is to improve efficiency and reduce disparities in healthcare, ultimately achieving better health outcomes for populations.

Company Stage

Seed

Employees

501-1,000

Industries

Data & Analytics, Hardware, Healthcare

Total Funding

$197.5M

Headquarters

N/A

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.

Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

4%

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