Investment to Support Expansion &
Innovation in Post-Acute Care, Helping Improve Patient
Outcomes
SAN
DIEGO, Aug. 6, 2024 /PRNewswire/ -- HCAP
Partners, a California-based
private equity firm and nationally recognized impact investor,
announced its investment in Aarista LLC ("Aarista"), a leading
tech-enabled healthcare services provider redefining outpatient
care by bringing hospital-quality technology, skilled clinicians,
and value-based care management into the post-acute world. Terms of
the investment were not disclosed.
Aarista is dedicated to delivering superior healthcare services
in a value-based care environment through its proprietary
technology platform, the only Digital Health Platform in the market
that uses real-time patient data from over 200 sources. By
leveraging AI and machine learning algorithms, Aarista's technology
platform aggregates and visualizes clinical data, empowering
clinicians and many healthcare stakeholders with immediate and
actionable insights. This tech-focused approach has proven
efficiency in delivering exceptional patient results and reducing
total cost of care by proactively addressing medical concerns
before they escalate. Aarista's mission is to provide
acute-level care beyond the hospital walls and currently supports
over 70,000 patients in long-term care (LTC), skilled nursing
(SNF), and assisted living (ALF) facilities.
HCAP's capital will support Aarista's fast-growth, the adoption
and enhancement of its technological development, and enable
strategic acquisitions that strengthen Aarista's market presence
and clinical impact.
"Aarista's leadership team consistently demonstrated its ability
to improve patient care, reduce readmission rates, and lower
healthcare costs, particularly for underserved populations in need
of long-term care and skilled nursing facility services," said
Tim Bubnack, Managing Partner at
HCAP. "The team's dedication to population health in an
increasingly shifting value-based care environment is truly
admirable."
The investment strongly aligns with HCAP's healthcare impact
thesis, which prioritizes investments in healthcare and technology
companies that enhance access to care, improve quality of care, and
reduce cost of care.
"HCAP always invests with a vision, and Aarista's unique
approach to innovation perfectly embodies the qualities we value,"
said Ben Consoli, Vice President at
HCAP. "We are thrilled to be champions of Aarista 's journey as
they redefine patient care, set new standards for job quality
across the healthcare industry, and deploy innovative technology
solutions to amplify impact."
Leveraging its proprietary Gainful Jobs Approach™, HCAP will
guide Aarista 's management team in investing in its workforce
which, in turn, will help drive superior medical outcomes.
"We truly appreciate HCAP's support and investment in our
mission. Value-based care represents a structural shift in US
Healthcare, transforming the way providers, payors and capitation
co-exist. Data-driven technology with predictive powers and proven
results will be the catalyst to lower total cost of care and better
patient outcomes over the long-term. This partnership will
help us revolutionize post-acute care sector," said Jodhvir Sarai
MD, Chief Executive Officer at Aarista LLC. "We are excited about
the future we will build together for the healthcare community and
the patients we serve."
About HCAP Partners
HCAP Partners is a diversely owned private equity firm
specializing in providing mezzanine debt and private equity for
underserved, lower-middle market companies throughout California and the Western United States. The firm seeks to
invest $3 million to $25 million in established businesses generating
between $10 million and $100 million in revenues in the healthcare,
software, services, and manufacturing industries. HCAP Partners has
invested in over 60 companies since its founding and through
ongoing, active engagement with portfolio companies provides
value-added resources to help optimize performance and increase
enterprise value. The firm has been an Impact Assets 50 fund since
2014 and, through its Gainful Jobs Approach™, works to facilitate a
positive impact on underserved businesses, their employees, and
their communities through active portfolio engagement. For more
information, please visit http://www.hcap.com/.
About Aarista LLC
Aarista is a leading multidisciplinary healthcare technology
company in post-acute care sector, serving a national network that
spans across 14 states, impacting over 70,000 patients. Aarista is
dedicated to delivering superior healthcare services through its
proprietary technology platform. Aarista is the only Digital Health
Platform in the market that uses real-time patient data from over
200 sources to empower clinicians and facility partners with
immediate and actionable insights based on AI and machine learning
algorithms. Aarista's culture is built on innovation,
collaboration, and integrity with a mission to drive value-based
care across the nation. Aarista's remarkable growth is a
testament to a leadership team with over 250 years of combined
experience and best-in-class processes and infrastructure. For more
information, please visit http://www.aarista.com.
Media Contact:
Ro Thompson
212-840-1661
381406@email4pr.com
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SOURCE HCAP Partners