tango

What tango does

tango is a post-acute management services company that operates a value-based care enablement platform for Medicare Advantage, Managed Medicaid, and dual-eligible (D-SNP) health plans. Founded in 2002 in Phoenix, Arizona (originally as Professional Health Care Network, rebranded to tango in April 2023), the company takes delegated risk from payers across claims, network management, and utilization management for home health and broader post-acute care episodes. tango manages referrals at the point of discharge through a real-time platform integrated with hospital EMRs, places members with a curated network of home health providers, and runs care coordination with shared-savings and episodic reimbursement arrangements. The company reports outcomes of 100% referral placement in mandated markets, a 10.1% 30-day readmission rate versus a 15.4% national average, and 98% member satisfaction.

The core technology stack combines a cloud-based platform (AES-256 encryption) with AI-augmented clinical workflows that compress case review from approximately 22 minutes to 5–8 minutes, predictive analytics for adverse outcome risk, and provider-facing tools including a Provider Portal (pronetconnect.com) and Provider Finder. A 2024 partnership with WellSky extends the platform across the full post-acute continuum—skilled nursing facilities, inpatient rehabilitation, and long-term acute care hospitals—under a unified PAC Episode Management Program. The company holds SOC 2 Type 2 certification and NCQA Utilization Management Accreditation.

Commercially, tango operates a managed-services revenue model under multi-year contracts negotiated as PMPM cap rates and shared savings arrangements with health plans, paying providers episodically rather than fee-for-service. The company serves all major national Medicare Advantage payers (Cigna, UnitedHealthcare, Humana, Centene, WellCare) plus regional plans (Independence Blue Cross, ATRIO Health Plans, AmeriHealth Caritas). Backed by The Vistria Group since a March 2022 majority investment from its $2.68 billion Fund IV, tango expanded from 4 states to 10 states between 2025 and early 2026, growing managed lives from approximately 1 million to 2 million. Headcount is 101–250 employees operating primarily remote across 26 states.

Name

tango

Legal name

Professional Health Care Network

Website

https://tangocare.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

tango is a post-acute management services company that operates a delegated, value-based home health enablement platform for Medicare Advantage, Managed Medicaid, and D-SNP health plans, managing referrals, provider networks, and care coordination for approximately 2 million lives across 10 states.

Ownership category

akta.pro rank

Product category

Post-Acute Care Management Services

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Home Health Care Services (62161), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Health Services (8000), Services-Home Health Care Services (8082), Hospital & Medical Service Plans (6324)

akta.pro primary industry

Medicare Plan Administration & Third-Party Services (TPA/BPO, Enrollment, Billing) (FSAIAGAI)

akta.pro secondary industries

Medicare Member Engagement & Care Management (Utilization, Case/Disease Mgmt) (FSAIAGAL), Medicare Provider Networks & Delegated Medical Groups (MA-focused) (FSAIAGAK), Payer-Provider Data Exchange (X12, prior auth, claims/clinical attachment) (HLACABAK)

Keywords

• Post-acute care management
• Value-based care enablement
• Home health network
• Medicare advantage services
• Care coordination platform

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Value-Based Care Management: tango takes full risk from payers through PMPM cap rates and manages post-acute episodes. The company generates revenue through shared savings arrangements, episodic payments to providers, and delegated claims processing. tango aligns incentives by rewarding providers for reducing total cost of care and shares savings from lower readmission rates with payers and providers.
2. Utilization Management: Full delegated model for claims, network, and utilization management. tango manages referrals at point of discharge and pays providers episodic rates rather than fee-for-service.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

tango is a post-acute management services company that enables Medicare Advantage, Managed Medicaid, and dual-eligible health plans to deliver home health care to their members. Under multi-year delegated contracts, tango manages referrals at the point of discharge, builds and curates value-based home health provider networks, runs utilization management and claims processing, and provides real-time clinical oversight across the post-acute episode. Revenue is generated via PMPM cap rates, episodic payments to providers, and shared-savings arrangements. The platform combines proprietary referral management software integrated with hospital EMRs, AI-powered clinical workflows, and a PAC Episode Management Program co-delivered with WellSky.

Product overview

tango is a Post-Acute Management Services company that operates as a leading value-based care enablement platform for payers, risk-bearing entities, and providers. The core offering is a unified post-acute care management platform that combines home health network management, care coordination services, and claims processing into a single delegated model. The platform integrates referral management, utilization oversight, and claims administration to serve Medicare Advantage, Managed Medicaid, and dual-eligible populations. tango's model manages post-acute episodes end-to-end, from managing referrals at discharge through coordinating care at home. A partnership-enabled extension (PAC Episode Management Program) combines tango's platform with WellSky's technology and analytics for broader post-acute continuum coverage including skilled nursing, inpatient rehabilitation, and long-term acute care facilities. tango also provides provider-facing tools including a Provider Portal and Provider Finder for network management.

Differentiator

Problem solved

Functional benefit

Products and services

• Post-Acute Care Management Platform Comprehensive post-acute benefit enablement platform that manages home health referrals at the point of discharge, reduces placement delays, and integrates referral management, utilization oversight, and claims into a single delegated model for Medicare Advantage, Managed Medicaid, and dual-eligible populations.
• Home Health Network Management Service Curated network of home health providers operating under value-based arrangements, enabling health plans to place 100% of facility referrals and achieve faster start-of-care timelines (~2-day improvement) with a 10.1% 30-day readmission rate vs the 15.4% national average.
• Care Coordination Services Real-time clinical oversight and accountability across the post-acute episode of care, with a care management layer that tracks members after each visit and identifies complex-condition patients in real time as they leave the hospital to enable faster referrals to skilled home health providers.
• PAC Episode Management Program (with WellSky) Fully integrated post-acute care episode management program combining tango's home health enablement platform with WellSky's acute and post-acute technology, analytics, and services to deliver end-to-end PAC episode management with shared savings for health plans in Ohio, Texas and Oregon.

Named customers8 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• ATRIO Health PlanscoreStrategic or Co-development Partner · 16 March 2026Partnership supports Medicare Advantage members statewide in Oregon, marking tango's second collaboration in Oregon. tango manages home health services using value-based model to ensure timely, appropriate care at home following hospitalization. Results show 28% lower 30-day hospitalization rates and 35% lower readmissions compared to national benchmarks, with 98% patient satisfaction.
• Independence Blue CrosscoreStrategic or Co-development Partner · 6 January 2026Partnership manages post-acute care for 118,000 Medicare Advantage members in Pennsylvania. tango works with 300+ home health agencies in the IBX service area with over two-thirds in value-based relationships. The collaboration aims to accelerate access to home health services, reduce readmissions, and improve patient outcomes. tango places 100% of qualified referrals within 2 days with 97% member satisfaction.
• AmeriHealth CaritascoreStrategic or Co-development Partner · 5 August 2025tango entered Pennsylvania market through partnership with AmeriHealth Caritas, a national Medicaid managed care provider. Collaboration facilitates delivery of skilled home health care to MA dual-eligible special needs plan (D-SNP) members in Pennsylvania. Partnership addresses nursing shortages, referral placement challenges, and care coordination for vulnerable Medicaid populations.
• WellSkycoreTechnology or Integration · 29 February 2024Partnership combines tango's value-based home health enablement platform with WellSky's industry-leading acute and post-acute technology, analytics, and services. Together they deliver an end-to-end PAC episode management program for health plans with guaranteed cost savings and shared savings. tango and WellSky address key challenges including limited access to optimized transitions, disjointed incentives, and reimbursement issues.
• HumanacoreStrategic or Co-development Partner · 1 July 2021Humana contracted tango (then PHCN) for home health network management services in Arizona (expanding statewide for PPO and HMO), Colorado (statewide HMO and PPO), and New Mexico (statewide HMO and PPO). tango manages all home health referrals, credentialing, and claims adjudication for Humana MA members.
• AmedisysminorStrategic or Co-development PartnerOne of several top home health providers in tango's provider network. tango forms value-based arrangements with providers, paying episodic rates and sharing savings for reduced readmissions and ER visits.
• LHC GroupminorStrategic or Co-development PartnerOne of several top home health providers in tango's provider network. tango forms value-based arrangements with providers, paying episodic rates and sharing savings for reduced readmissions and ER visits.
• CompassusminorStrategic or Co-development PartnerOne of several top home health providers in tango's provider network. tango forms value-based arrangements with providers, paying episodic rates and sharing savings for reduced readmissions and ER visits.
• Enhabit Home Health and HospiceminorStrategic or Co-development PartnerOne of several top home health providers in tango's provider network. tango has value-based contracts with Enhabit for home health services for IBX Medicare Advantage members.
• Bayada Home Health CareminorStrategic or Co-development PartnerHome health provider with value-based contract with tango for providing home health services to Medicare Advantage members.
• Vital Caring GroupminorStrategic or Co-development PartnerHome health provider with value-based contract with tango for providing home health services to Medicare Advantage members.

Scale indicators13 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Signify Health (CVS Health): Home-based health risk assessment and care management company acquired by CVS Health; competing platform for value-based in-home care services across MA populations.
• WellSky: Acute and post-acute technology, analytics, and services platform; tango's strategic technology partner and broader PAC software incumbent whose capabilities partially overlap with tango's enablement platform.
• CenterWell Home Health (Humana): Humana-owned home health provider that increasingly insources post-acute care for Humana MA members; a competitor and customer of tango, representing the payer-vertical-integration risk for tango's Humana contract.

Direct peers

• naviHealth (Optum): Optum-owned value-based post-acute care management platform serving Medicare Advantage plans; closest direct competitor to tango with similar delegated UM, network, and PAC episode management capabilities and large national scale.
• CareCentrix: Post-acute and home care management company serving health plans and providers; competes directly with tango in managing home health networks and PAC episodes for MA and managed Medicaid populations.

Emerging players

• DispatchHealth: Home-based medical care and Hospital-at-Home provider serving MA and Medicaid populations; overlapping value-based care model and customer base, and former employer of tango's current CFO David Wilkinson.
• Contessa Health (Amedisys): Home-based care and Hospital-at-Home provider acquired by Amedisys; competes with tango for value-based PAC arrangements and shares several common provider network partners.
• Medalogix: Home health predictive analytics company also owned by The Vistria Group; operates upstream of tango's provider network by identifying patient risk and optimal visit cadence — thematically related and potential portfolio synergy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tangocare

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about tango