Risk Adjustment Software Directory
2026 edition · reviewed against public sources Updated

Data platform

Arcadia

A data lakehouse and longitudinal record with risk analytics on top. The right first purchase when the constraint is data, not capture workflow.

Capture model
Retrospective-led analytics
AI approach
Data lakehouse and analytics; not a coding engine
RADV & audit
Risk analytics views rather than audit tooling
Submission lifecycle
Analytics view
Best fit
Health systems and ACOs building a data foundation
Corporate status
Nordic Capital acquired a majority stake, July 2, 2025

Arcadia sells a data foundation: a lakehouse architecture, a longitudinal patient record across large populations, and analytics that include risk adjustment views. It does not try to be a coding engine, and buyers should not score it as one.

For a health system or ACO whose problem is fragmented data, buying the foundation first is a defensible sequence. The tradeoff is that suspecting, capture workflow, and audit evidence still need to come from somewhere, either built on top or bought alongside. Nordic Capital acquired a majority stake on July 2, 2025.

Choose it when

Organizations that need a clean, unified data layer before they optimize capture, and have the team to build workflows on top.

Look elsewhere when

Teams that need point-of-care prompts, coder workflow, or RADV evidence packets out of the box.

Related profiles

Sources

Positioning summarized from public materials current in August 2026. What a given customer receives depends on contract and scope, so confirm the details with the vendor. Spot an error? Tell us and we will correct it. Back to the full comparison →