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HGP Releases its Mid-Year Health IT Market Review

HGP Releases its Mid-Year Health IT Market Review

July 13, 2017

Healthcare Growth Partners is pleased to release its Semi-Annual Health IT Market Review.  Our semi-annual report summarizes M&A and capital raising activity across health IT, health information services, and digital health. This edition of the report includes our analysis of valuation trends across core HIT sub-sectors, a discussion of economic pricing against the trend toward healthcare consumerism,…

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Demystifying the Pharmaceutical Supply Chain

Demystifying the Pharmaceutical Supply Chain

June 27, 2017

Healthcare Growth Partners (HGP) is demystifying the operations of the complex maze known as the pharmaceutical supply chain. In addition to the unnecessary complexity of the key industry players’ roles, their confounding dealings and the lack of price transparency make the pharmaceutical supply chain one of the most difficult to comprehend in healthcare. In order to understand the entire process…

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Valuations Round 2: Health IT SaaS vs Health IT Non-SaaS

Valuations Round 2: Health IT SaaS vs Health IT Non-SaaS

June 07, 2017

Last month, we blogged an analysis that compared public company valuation multiples of Enterprise (non-Health IT) SaaS with Health IT SaaS.  Our analysis uncovered that, when using growth as a variable, the two groups were nearly indistinguishable from each other. What was evident in the data is that Health IT SaaS companies aren’t growing as quickly compared to their generalist counterparts. If…

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Houston. Healthcare. Fossils. Profits.

Houston. Healthcare. Fossils. Profits.

May 22, 2017

Healthcare Growth Partners is proudly based in Houston, Texas, home to the world’s largest medical complex, the Texas Medical Center.  The TMC, which itself is the 8th largest business district in the US, encompasses over 9,200 patient beds and serves over 10 million patient-encounters each year.  The TMC is home to the world’s finest clinicians, academics, researchers, and students. …

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HGP Client symplr acquires Vistar Technologies

HGP Client symplr acquires Vistar Technologies

May 18, 2017

symplr®, a leading provider of software as a service (SaaS) based healthcare compliance and credentialing solutions, today announced it has joined forces with Vistar Technologies (“Vistar”), a leader in the development and support of provider management software for healthcare providers, managed care and payer organizations. The combined company is now a clear…

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HGP Advises Callpointe in its Sale to West Corporation

HGP Advises Callpointe in its Sale to West Corporation

May 08, 2017

West Corporation - a company dedicated to delivering smart and reliable solutions through new channels, providing improved capabilities to clients and choice, convenience and control to consumers and patients - has announced its acquisition of Callpointe. West operates at the scale and speed necessary to capitalize on the promise of emerging technologies and the advantages they will provide. Callpointe’s…

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Enterprise SaaS vs. Health IT SaaS Valuation Analysis

Enterprise SaaS vs. Health IT SaaS Valuation Analysis

May 05, 2017

We’ve often found ourselves questioning why it feels like the Health IT SaaS sector trades at a discount to the broader Enterprise SaaS market. While Health IT definitely has its share of high multiple companies like HealthEquity and Teladoc, the vast majority of publicly traded HIT SaaS companies trade in the 3x to 5x revenue multiple range. On the other hand, generalist Enterprise software companies…

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HGP supports the sale of Clockwise.MD to DocuTAP

HGP supports the sale of Clockwise.MD to DocuTAP

April 28, 2017

DocuTAP, one of the nation's fastest growing healthcare technology companies and provider of electronic medical records (EMR) and practice management (PM) software for urgent care clinics, today announced that it has acquired Clockwise.MD, a patient engagement software provider of online scheduling and wait time transparency solutions for healthcare organizations. The combination brings together…

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Q1-2017: Health IT Market Trends Look Positive

Q1-2017: Health IT Market Trends Look Positive

April 05, 2017

Coming off the election in November, stock markets thrived on the expectation that a Trump administration would reduce regulatory burdens and lower tax rates. President Trump’s first days in office brought many changes to executive policy, including his top priority of repealing and replacing the Affordable Care Act. Odds-makers presumed legislation would pass given the Republican majority in both…

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Trump's Healthcare Policy in Review

Trump's Healthcare Policy in Review

March 08, 2017

In our most recent edition of HGP's Health IT Market Review from January, we published a snapshot from Frost and Sulivan on what elements of the ACA were most likely to get the axe under the new administration. With the new American Healthcare Act now under review in the House, it seems like a good time to compare those predictions to what has been proposed. 

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