Arcadia Solutions, LLC (“Arcadia” or “the company”), a leading provider of data-driven Health IT services, and Ferrer Freeman & Company LLC (“FFC”), a private equity firm focused on growth capital investments in the healthcare industry, today announced the acquisition of Arcadia by an FFC managed fund and the Arcadia senior management team. Terms of the deal were not disclosed.
Founded in 2002, Arcadia delivers services and proprietary software to large healthcare providers, payors, accountable care organizations and health information exchanges. The company’s solutions enable the successful implementation and optimization of electronic health records (EHRs) in its customers’ ambulatory physician settings and allow customers to analyze and report clinical data. In partnership with Arcadia, customers are empowered to make better clinical and financial decisions and lower the total cost of care.