Casenet

About Casenet

Casenet operates within the health technology sector, providing a suite of software products focused on population health and care management. The firm was originally founded in 1999 with the goal of creating sophisticated solutions for case, disease, and utilization management within the healthcare industry. This initiative was reportedly inspired by the founder's mother, a case manager, and her challenges with efficient care delivery, which led to the development of a system to streamline documentation and case management. The company's core product, TruCare, evolved from these initial efforts.

The company's trajectory includes several significant ownership changes. In December 2012, Centene Corp. acquired the remaining 19% of Casenet it did not already own, making it a wholly-owned subsidiary. Later, in a strategic move to enhance its digital health portfolio, Zyter, Inc. acquired Casenet from Centene in February 2021. Following this acquisition, Casenet and Zyter Health were unified to form Zyter|TruCare, a privately held entity headquartered in Rockville, Maryland. This unification combined Casenet's care management platform with Zyter's capabilities in telehealth and remote patient monitoring.

Zyter|TruCare's business model is centered on offering purpose-built technology and services on a Platform-as-a-Service (PaaS) basis. Its clients are primarily payers, providers, and public health organizations engaged in value-based care. The company generates revenue by providing these organizations with integrated solutions that manage care for over 35 million health plan members and patients. The platform combines Care Management, Utilization Management, Telehealth, and Remote Patient Monitoring into a single offering. For example, its TruCare Analytics application employs machine learning to model risk and segment populations, enabling payers to make more informed care management decisions. The solutions aim to improve care coordination and operational efficiency while reducing overall healthcare costs.