Health Plan News

Cedar Gate Technologies Investment from Cobalt Ventures

Cedar Gate Technologies (Cedar Gate), a leading value-based care performance management company, has received a minority investment from Cobalt Ventures.

Cobalt Ventures, a subsidiary of Blue Cross and Blue Shield of Kansas City, invests in healthcare companies that increase the overall quality of healthcare services, improve outcomes and lower costs.

Cedar Gate supports all Aspects of Healthcare including Main With its own cloud-based SaaS system and administrative procedures, Cedar Gate empowers payers, suppliers and self-insured companies to decrease medical spend, re-capture earnings and to provide high performance health care.

“Cobalt Ventures is eager to include Cedar Gate into our investment portfolio,” stated Phillip Linville, “Cedar Gate is a high-growth business that is now a pioneer in healthcare performance alternatives and is well positioned to create sustainable value throughout the medical technology industry.”

John D. Kos, Primary GTCR plus a Cedar Gate board member, commented,”Cedar Gate’s powerful growth since Onset shows GTCR’s continued implementation of The Leaders Executives such as David Snow and aid them Build industry-leading companies through natural initiatives and M&A. We anticipate working with Cobalt Ventures as tactical Partners to continue to build Cedar Gate’s top position in the Self-insured companies to transition into value-based reimbursement Through using exceptional performance management and functioning Systems”

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