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HGP advises Russell Phillips & Associates in its sale to Jensen Hughes

HGP advises Russell Phillips & Associates in its sale to Jensen Hughes

December 04, 2017

Russell Phillips & Associates ("RPA"), a leading provider of fire and emergency management consulting services and technology for healthcare facilities, announced it has entered into an agreement to become a part of Jensen Hughes, a global leader in specialty fire and safety engineering. Combined, their mission,…

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Genomic Technologies See Strong Investment in 2017

Genomic Technologies See Strong Investment in 2017

November 07, 2017

In 1990, The Human Genome Project undertook the ambitious goal of mapping and sequencing the entire human genome. With over $3 billion in funding, the project took 13 years and was completed in 2003. Since then the cost of genome sequencing has fallen to a mere $1,000 and continues to…

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HGP advises Kognito in its sale to Ascend Learning

HGP advises Kognito in its sale to Ascend Learning

October 27, 2017

Ascend Learning, a leading provider of health education content, software and analytics, has announced that it has acquired Kognito, a health simulation company that believes in the power of conversation to inspire and inform, impact how people think and act, evoke empathy and change lives. Coming together allows these…

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Health IT Investment on Record Pace through Q3

Health IT Investment on Record Pace through Q3

October 24, 2017

Through Q3-2017, investment in Health Information Technology & Services (HIT) remains vibrant and on record pace.  HGP monitored 492 HIT investment transactions through Q3, representing 312 US and 180 non-US targets.  While the pace of activity in the US grew at a 19% annual rate over the last 6-years, non-US HIT investing increased at a dramatic 47% rate.  As striking as the deal volume increase…

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Prepare and Prevent Common Due Diligence Issues in Health IT Transactions: Accounting and Tax Considerations (Part 1 of 6)

Prepare and Prevent Common Due Diligence Issues in Health IT Transactions: Accounting and Tax Considerations (Part 1 of 6)

September 28, 2017

Over the next few months, HGP is publishing a 6-part research series covering a range of due diligence issues that are common to Health IT and Services transactions.  The 6 sections cover: Accounting and Tax, Legal, Human Resources, Operations, Intellectual Property, and Technology.  In today’s edition, we are covering the Accounting & Finance topics.

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HGP Closes its 100th Transaction!

HGP Closes its 100th Transaction!

September 13, 2017

HGP was founded in 2006 with the goal of providing top tier investment banking and strategic advisory services to innovative growth companies across the health IT domain.  In May of this year, we celebrated the closing of our 100th transaction.  When we launched the firm, we found ourselves thrust against the headwind of the financial crisis.  Starting a business in a down cycle ultimately…

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The Ecosystems that Fuel Health IT Investment

The Ecosystems that Fuel Health IT Investment

August 31, 2017

Health IT is a geographically dispersed sector, yet certain locations are known for supporting strong Health IT ecosystems, such as Nashville, Boston, San Francisco, Chicago, Atlanta, and Madison.  These ecosystems are generally the result of large, incumbent corporations and institutions that fuel the intellectual capital and talent that are the foundation for the development of new enterprises.  During…

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The Tension Between Healthcare Pricing and Consumerism

The Tension Between Healthcare Pricing and Consumerism

August 10, 2017

Last year, HGP discussed the concept of Exploiters and Solvers in the healthcare industry.  The U.S. healthcare economy is indisputably inefficient.  Inefficient markets create opportunities for exploitation or solution.  Exploiters seek to exploit inefficiencies to maximize returns for a select few.  Solvers seek to eliminate inefficiencies to maximize returns for many.  In the context of healthcare,…

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