Houlihan Lokey Advises CareSeed
CareSeed has been acquired by Sagility
Sellside Advisor
Houlihan Lokey is pleased to announce that CareSeed, a leading healthcare technology and analytics company specializing in government-sponsored healthcare programs, has been acquired by Sagility. This acquisition aligns with Sagility’s strategy to accelerate AI-led quality operations and Medicare Advantage performance transformation.
CareSeed announced it has been acquired by Sagility, a leading tech-enabled healthcare operations and transformation company.
Founded in 2012 and headquartered in Kansas City, Missouri, CareSeed serves more than 30 small and midsized U.S. payers, with a strong footprint in government-funded healthcare programs including Medicare Advantage, Medicaid, and individual exchanges. The company’s cloud-native platforms, Forecast and Harvest, help health plans improve HEDIS performance, streamline chart abstraction and medical record review workflows, strengthen audit readiness, and manage increasingly complex regulatory requirements.
CareSeed’s Forecast platform provides NCQA-certified HEDIS reporting and quality analytics, while Harvest delivers cloud-based medical record review, chart abstraction, and supplemental data capture capabilities. Together, these platforms create a modern foundation for quality operations transformation and integrated care continuum management.
The acquisition represents a strategic expansion of Sagility’s healthcare quality and Stars capabilities and advances the company’s broader vision of moving health plans beyond retrospective HEDIS reporting toward integrated, member-level quality orchestration.
By combining CareSeed’s technology with Sagility’s healthcare operations, clinical services, and AI-led transformation capabilities, Sagility will deliver an end-to-end quality operations continuum.
The combined offering will support health plans across the full quality lifecycle—from HEDIS abstraction and reporting to prospective gap closure, provider engagement, care coordination, and continuous performance monitoring.
The acquisition strengthens Sagility’s position in the middle-market payer segment while expanding opportunities to bring scalable quality and Stars solutions to larger national health plans.
Houlihan Lokey served as the exclusive financial advisor to CareSeed.