Arcadia, a leading data analytics platform for healthcare, said today that it has received a $125 million loan from Vista Credit Partners, the credit-lending arm of Vista Equity Partners and a key investor and financing partner focused on the enterprise software, data, and technology industry.
The investment will expedite Arcadia’s platform innovation and go-to-market strategy in order to address the growing need from major healthcare companies to combine and analyze data from different systems in order to improve business efficiencies and patient care.
Arcadia helps providers and health plans deliver actionable insights to advance care and research, drive strategic growth, and ensure financial success. The past year included several important milestones for Arcadia, including Achieving 35%+ ARR growth in 2022 by continuing to build and expand relationships with the top payers and providers in the U.S.Growing total active unique users of the Arcadia Analytics platform by 50% in nine months; and
Saving customers more than $1.3 billion through Arcadia’s Medicare Shared Savings Program (MSSP) service.
Arcadia is committed to making everyone’s days brighter and healthier. We turn data into powerful insights that produce results. We are building a community of innovators to enhance care, maximize value, and address future challenges through partnerships with the nation’s leading health institutions, payers, and life science companies.