Comvest Partners Acquires McKesson Care Management Business
Comvest Partners, with co-investor Mosaic Health Solutions, announced it has completed the acquisition of McKesson Corporation’s Care Management business, which will be renamed AxisPoint Health (“the Company”). Headquartered in Westminster, CO, AxisPoint Health is a provider of care management services to payers and other risk-bearing entities. The Company’s offerings include complex and chronic case management services, nurse advisory services, and a care management software platform used by payers to manage utilization, disease, and case management services in-house. AxisPoint Health currently provides its services through nurses and other clinical professionals in 24 states.
The acquisition signals new opportunities for the Company and a continued commitment to improving cost savings for payers and other risk-bearing organizations by delivering better health outcomes for members. AxisPoint Health will build on its key strengths — improving health outcomes, simplifying complex care, and directing members to the right care at the right time.
“In the new era of value-based health care, the entire industry is reorienting around achieving the best outcomes by identifying the most appropriate levels of care,” said Roger Marrero, Partner at Comvest Partners. “We believe that AxisPoint Health starts out with deep experience and capabilities in the market for connecting members to the right care in the most cost-effective way. We plan to further invest in AxisPoint Health’s technology and solution offerings in order to improve an individual’s experience throughout the continuum of care.”