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TCS Healthcare Acquires DataSmart Solutions to Advance Product Development for ACUITYnxt Platform
Friday 11 June 2021

US-based managed care solutions provider TCS Healthcare Technologies has acquired Montana-based predictive risk analytics software provider DataSmart Solutions, LLC, to accelerate product development for ACUITYnxt SAAS platform, the company said.

Terms of the transaction were not disclosed.

The transaction was supported by follow-on funding from HCAP Partners, a California-based private equity firm and nationally recognised impact investor, with M and A services provided by Logan Growth Advisors.

Integration of DataSmart analytics with the TCS ACUITYnxt and ACUITY Advanced platforms will allow risk-bearing organisations to better support members while controlling operational costs.

TCS software solutions are designed to support the needs of health plans, TPAs, ACOs, and other risk-bearing organisations by optimising clinical outcomes, maintaining compliance, and improving financial and operational excellence.

The acquisition of DataSmart accelerates the company's product development roadmap for the ACUITYnxt SAAS platform and offers Johns Hopkins ACG predictive analytics for use in the Acuity Advanced platform.

TCS Healthcare Technologies (TCS) is the provider of population health software designed to support health plans, TPAs, ACOs and other risk-bearing organisations. TCS Healthcare Technologies is an HCAP Partners portfolio company.
Date Published: 11/06/2021