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SAN DIEGO, June 9, 2021 /PRNewswire/ -- HCAP Partners, a California-based private equity firm and nationally recognized impact investor, today announced its follow-on investment in TCS Healthcare Technologies, a leading provider of managed care software solutions. The funding will support the acquisition of DataSmart Solutions, LLC, a predictive risk analytics software company. Terms of the investment were not disclosed.
TCS Healthcare Technologies
TCS software solutions are designed to support the needs of health plans, TPAs, ACOs, and other risk-bearing organizations by optimizing clinical outcomes, maintaining compliance, and improving financial and operational excellence. The acquisition of DataSmart accelerates the company's product development roadmap for the ACUITYnxt SaaS platform, a comprehensive suite of utilization management and population health tools for managed care operations.