About us

It all started with an email. After reading an article about the Affordable Care Act, cofounder Steve Zuckerman was intrigued by the Medicare Annual Wellness Visit (AWV) as a way to improve care for patients and financial performance for providers. He emailed his brother, Averel Snyder, MD, to validate his theory that software could enhance the AWV and the utilization of other preventive services. Averel agreed that it was worth exploring, and Vatica Health was born.

The pivot to risk adjustment

In 2013, Averel Snyder, MD, identified an opportunity to expand Vatica Health’s solution to create a new provider-centric model for risk adjustment. In early 2014, we were fortunate to find Hassan Rifaat, MD, an experienced health plan executive, who has led Vatica Health from a start-up into the market leader for in-office risk adjustment and quality of care for all lines of business.

We are passionate about driving results for our clients

“We are relentless in our pursuit of helping our clients achieve superior clinical and financial performance. Helping clients win has been our mission from the start; it’s in our DNA.”


— Hassan Rifaat, MD, CEO, Vatica Health

Helping clients succeed has led to rapid growth for nearly a decade

2011

The beginning:

Founded as the first technology solution to streamline the Medicare Annual Wellness Visit and other Preventive Services to improve provider efficiency and quality of care
2013

Solution expansion:

Identified the opportunity to further enhance provider performance while addressing CMS’ mounting concern with the home assessment industry’s ongoing failure to provide clinical benefits to health plan members
2014

Entering risk adjustment:

Vatica Health pioneered and launched a new provider-centric model for risk adjustment
2014-2018

Growth:

Several regional health plans and thousands of providers began benefiting from Vatica Health’s paradigm-shifting solution: enhancing quality of care while improving financial performance and compliance
2018

Recapitalization:

After several years of rapid growth, Vatica Health was successfully recapitalized by Great Hill Partners – a prominent growth equity firm that has raised over $5 billion in commitments since inception. Vatica Health’s partnership with Great Hill Partners has further accelerated its growth and expansion into new markets
2019

National expansion with leading health plan:

One of the nation’s largest and most prominent health insurance companies launched a relationship with Vatica Health
2020

Leading the transformation:

Vatica Health continues to transform the risk adjustment industry through its relentless focus on helping providers, health plans and patients work together to achieve better outcomes
2022

Recognized as the leader:

Vatica Health ranked #1 for risk adjustment by KLAS Research
2023

Acquisition #2:

Vatica Health is acquired by Frazier Healthcare Partners, a prominent investment firm focused exclusively on healthcare. The partnership with Frazier will fuel Vatica’s continued growth, expansion and development of its market-leading, provider-centric risk adjustment and quality of care solution