Sale of Company to
|Date Announced:||August 2015|
CECity.com, Inc., headquartered in Pittsburgh, PA, is a leading provider of cloud-based healthcare solutions, specializing in performance improvement, pay-for-value reporting and continuous professional education. CECity is a leading CMS qualified PQRS registry and powers approximately 20 percent of the nation’s Qualified Clinical Data Registries (QCDRs), which are aligned with PQRS, meaningful use and emerging payment models. CECity is the exclusive performance assessment organization for the Bridges to Excellence program.
Our affiliate, Seven Hills Healthcare Advisors, advised CECity in the sale of the Company, working actively with senior management to craft a customized strategic marketing plan for the company. The acquisition of CECity will enable Premier to provide one consolidated source for both ambulatory and acute care performance management that supports and align providers with value-based care. Premier’s payer and vendor-agnostic platform will be enhanced with expanded data collection, measurement and monitoring, expanding the ability to offer quality cycle management, regulatory reporting and performance improvement services.