Cedar Gate Technologies (Cedar Gate), a leading value-based care performance management company, today announced it has received a minority investment from Cobalt Ventures.

Cobalt Ventures, a subsidiary of Blue Cross and Blue Shield of Kansas City, invests in healthcare companies that increase the overall quality of healthcare services, improve outcomes and lower costs.

Cedar Gate Technologies is a leading value-based care performance management company founded in 2014 by David B. Snow Jr., a nationally recognized Fortune 50 CEO, in partnership with GTCR, a leading Chicago-based private equity firm. In 2018, Ascension Ventures, a strategic healthcare venture firm, became part of the ownership group.

Cedar Gate provides high-performance analytic, technological, administrative and advisory services to providers, payers and self-insured employers to exceed performance thresholds of value-based care contracts, networks and programs.

Based in Greenwich, Connecticut, Cedar Gate leverages its deep healthcare expertise and nationally-recognized platform to deliver end-to-end systems and services empowering any healthcare organization, at any point on the value-based care continuum, to excel at value-based care. To learn more, please visit cedargate.com.