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PE-backed Vatica Health buys CareSync's chronic-care technology

Vatica Health completed its purchase of CareSync's technology platform for coordinating care and managing outcomes of patients with chronic conditions.

The technology expands the payer and provider product offerings of Vatica, which offers risk-adjustment and clinical-quality services for health plans and risk-bearing entities.

The acquisition marks Vatica's first transaction since Boston-based private equity firm Great Hill Partners LP invested in the company in April 2018.