HCAP Partners, a California-based private equity firm and recognized impact investor, announced its investment in TCS Healthcare Technologies, a leading developer of population health and managed care software. Terms of the investment were not disclosed. Principal Hope Mago led the HCAP Partners’ investment and joined the company’s board of directors.
TCS Healthcare Technologies was founded in 1983 and is based in Auburn, California. The company’s ACUITY suite of products supports managed care workflows for a variety of risk-bearing organizations including health plans, self-funded organizations, third-party administrators, and accountable care organizations. Serving clients in both the public and private sectors, the company’s software is designed by and developed for clinical end users performing utilization review, appeals, case management, population health, and quality program interventions. The majority of TCS clients hold NCQA and URAC accreditations. HCAP Partners’ investment provides growth capital for the company to support the development of its ACUITYnxt software platform, a SaaS-based managed care software solution that surpasses the latest industry requirements while providing an end user experience that is intuitive and efficient.
TCS Healthcare Technologies was founded in 1983 and is based in Auburn, California. The company’s ACUITY suite of products supports managed care workflows for a variety of risk-bearing organizations including health plans, self-funded organizations, third-party administrators, and accountable care organizations. Serving clients in both the public and private sectors, the company’s software is designed by and developed for clinical end users performing utilization review, appeals, case management, population health, and quality program interventions. The majority of TCS clients hold NCQA and URAC accreditations. HCAP Partners’ investment provides growth capital for the company to support the development of its ACUITYnxt software platform, a SaaS-based managed care software solution that surpasses the latest industry requirements while providing an end user experience that is intuitive and efficient.