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This week, health data platform Arcadia made an acquisition that CEO Michael Meucci thinks will give the Boston-based company the data it needs to offer a more comprehensive suite of value-based care technology for its customers.
It bought Arlington, Virginia-based CareJourney, a health analytics firm designed to facilitate participation in value-based care contracts.
The acquisition comes six months after Arcadia sold its value-based care service division to Guidehealth. Through the two deals, Arcadia is sharpening its focus on providing the right data and technology to enable value-based care, instead of operating in both the technology and services sides of value-based care enablement, Meucci declared.