Altitude Edge Sells Capstone Performance Systems

BOULDER, CO June 2014— Altitude Edge Companies’ David Reyes, CEO, announced today that Capstone Performance Systems, a firm Altitude Edge Companies formed in 2012, has been acquired by Tabula Rasa Healthcare, Inc. TRH is a group of companies devoted to optimizing healthcare in high-risk populations.

Altitude Edge Companies now include Peak PACE Solutions, a firm that delivers PACE health plan management solution and services, and AEC Consulting, which provides comprehensive support and technical assistance to new and existing PACE programs and other health care providers.

PACE (Program of All-inclusive Care for the Elderly) is a Medicare program and Medicaid state option that provides community-based care and services to people age 55 or older who otherwise would need a nursing home level of care.

“Although there no longer will be an ownership relationship between Altitude Edge and Capstone, the two companies will continue to work together to serve common clients,” said Reyes, “There will be no interruption in training and services to any clients during the transition.”

TRH is well positioned to support the ongoing technology needs of Capstone Performance Systems, which has quickly grown to be a respected organization for delivering expert risk adjustment services for PACE organizations.

Richard Schamp, M.D. will continue to lead Capstone as CEO, a position he has held since the firm was formed. Capstone provides training and support to optimize processes leading to accurate Medicare payments.

Altitude Edge
Formed in 2005, Altitude Edge was created to support healthcare organizations in the development, implementation and operation of PACE. Altitude Edge includes AEC Consulting and Peak PACE Solutions.

 

# # #