The healthcare system is not immune to the near-term economic fallout of COVID-19, but should rebound and potentially be transformed after the easing of social-distancing measures. On March 18th, CMS announced “all elective surgeries, non-essential medical, surgical, and dental procedures be delayed during the 2020 Novel Coronavirus (COVID-19) outbreak.” The result is a massive loss of revenue…
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What a difference a month makes. Last month, we began our Health IT Monthly Insight with “Ten years into the bull market, we operate in a heightened state of awareness for any indication of market weakness that may signal a downturn.” It didn’t take a “heightened state of awareness” to see the market unravel at the end of the month as a result of the global shock from Coronavirus. The broader…
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AlertMD has been acquired by payment software solutions company, Evercommerce. AlertMD is an all-in-one mobile platform that delivers increased professional fee billings, increased patient visits and faster revenue cycle management through solutions for the front office, care…
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symplr, a leading healthcare governance, risk and compliance SaaS platform, backed by Clearlake Capital Group, L.P. and SkyKnight Capital, announced that it has acquired The Patient Safety Company ("TPSC") from Main Capital Partners. The combination of symplr and the…
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Women’s health technology, known as Femtech, is one of the fastest growing and well-funded categories of digital health. Femtech generally encompasses a range of digital health software and tech-enabled service providers that cater to the specific biological needs of women. These needs span from general health and wellness to reproductive health, including fertility, pregnancy, and nursing care. …
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Ten years into the bull market, we operate in a heightened state of awareness for any indication of market weakness that may signal a downturn. While debt levels are rising and GDP growth somewhat sluggish, the world of private equity, public equity, and M&A continues to be in full swing bull market mode.
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Healthcare Growth Partners is pleased to release our Semi-Annual Health IT Market Review. Our semi-annual report summarizes M&A and private equity activity across health IT, health information services, and digital health. This edition of the report includes an overview of trends seen in 2019 including IPOs, regulatory tailwinds, prolific investor appetite, and a rich cross-section of acquirors.…
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Riverside Insights, a portfolio company of Alpine Investors, announced that it has acquired ImPACT Applications. Both Riverside and ImPACT Applications are committed to delivering robust research-based assessment…
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We did a doubletake when we noticed all of the HGP healthcare indices climbed approximately 10% during the month of November. Year-to-date, the S&P 500 is up over 25% and the HGP healthcare indices are all hovering in that range. In the two month period since September, when talk of universal healthcare reached its peak in the recent election cycle, the HGP Payer Index climbed over 25%. If it…
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During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma. The transaction trends are a testament to Health IT’s increasing integration into workflows across…
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