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.