DALLAS, Texas, May 19, 2015 - River Logic Inc., a leading provider of prescriptive analytics, today announced that Cedar Gate Technologies will incorporate the Enterprise Optimizer® (EO) to augment the operational planning aspects of their healthcare prescriptive analytics offering to healthcare delivery systems. Under the agreement, Cedar Gate Technologies will leverage River Logic’s process optimizing software to support Cedar Gate’s operations optimization product for the healthcare industries’ transition from fee-for-service to risk-based reimbursement.
According to David Snow, Chairman & CEO of Cedar Gate Technologies, “Accountable Care Organizations (ACOs) and their affiliated healthcare provider organizations must be able to identify and execute around important clinical, operational and financial opportunities, such that they meet their cost and quality objectives in an environment defined by risk-based reimbursement.” Snow continued, “River Logic’s platform compliments our analytic engine and enables us to deliver market solutions that make our customers successful under any form of fee-for-service or risk-based reimbursement contract.”
Carlos Centurion, River Logic President, said, “We are thrilled with the addition of Cedar Gate Technologies to our partner ecosystem. Cedar Gate Technologies’ vision and the quality of their management team position them extremely well to transform the way the U.S. Healthcare industry makes decisions. Cedar Gate Technologies possesses all the key requirements to be successful with EO, including an understanding of business decision making, deep domain expertise and commitment to innovation.”
Centurion also stated, “The Cedar Gate Technologies appointment further validates our go-to-market model and demonstrates how our partners use EO to codify their knowledge in the form of advanced decision support and planning solutions that extract new insights and capabilities, deliver new revenue streams with higher margins, and accelerate time-to-client value.”
About River Logic, Inc.
River Logic provides prescriptive analytics and integrated business planning through the Enterprise Optimizer® (EO) platform. EO provides unique insights into decision-making and significant gains in efficiency, cost and risk over traditional approaches. Clients leverage EO to make better operational, tactical and strategic decisions that integrate business planning, complementing Business Intelligence and spreadsheet-based planning processes. River Logic partners drive business transformation through rapid consulting projects and extend their analytic capabilities by easily embedding EO into their own solutions. For more information, please visit www.riverlogic.com.
About Cedar Gate Technologies, Inc.
Cedar Gate Technologies was formed in August 2014 as a partnership between David Snow and GTCR. Cedar Gate’s mission is to build a powerful prescriptive analytics company in the healthcare information technology industry through both the development of SaaS based software and acquisitions of outstanding healthcare data and analytics businesses. For more information about Cedar Gate Technologies, please contact (203) 930-5500 or visit www.cedargate.com.
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