has acquired 2023

Situational Overview

IMO engaged HGP to assess strategic opportunities to accelerate their Natural Language Processing (NLP) capabilities. The acquisition of Melax Tech will enhance IMO’s portfolio of healthcare data solutions and enable IMO to expand its offerings to various segments in the healthcare market to tackle diverse problems like improving clinical and administrative workflows, clinical research, and patient outcomes.

HGP Value Add

HGP supported IMO in the transaction, which aligns with IMO's mission to help physicians document care in their own words while capturing the right codes behind the scenes. HGP is proud to have supported and advised IMO through the company's first acquisition.

has been acquired by 2022

Situational Overview

BloodHub offers a reliable, simple, and innovative supply chain SaaS platform for blood, biologics and cellular services. The solution brings blood suppliers and hospitals closer with a paperless process that is automated and transparent, backed by exceptional reliability, ease of use, smart ideas, and responsive, personalized service. The Company engaged HGP to run a strategic sale auction with the objective to both maximize value and find a counterparty that would serve as a good home to the executive team and employees.

HGP Value Add

HGP ran a competitive auction process resulting in a highly synergistic and compatible transaction with InVita, backed by The Riverside Company. BloodHub adds critical order-to-cash functionality, transportation module, and its newest BloodRelay offering, which automates Immunohematology Reference Lab workflows, to InVita's innovative blood management solution suite.

received funding from 2022

Situational Overview

Alivia provides a next-generation technology platform ensuring the accuracy of healthcare payments and leading the fight against fraud, waste, abuse and error in healthcare claims. The Company was seeking partners to provide capital and talent to reach the next level of success, expand its mission of providing superb technological innovation, and outstanding customer service.

HGP Value Add

HGP facilitated the investment and partnership process between Alivia, Health Enterprise Partners and Council Capital to establish the company’s market leadership position in payment integrity and to provide liquidity to Alivia's investors. The industry veteran Michael Taylor, MD, an Executive-in-Residence at the firms who assisted with the search for a leading company in the payment integrity and fraud, waste and abuse space, joins as the Chief Executive Officer.

has been acquired by 2022

Situational Overview

MoveSpring offers an entertaining, easy-to-use and scalable wellbeing and activity challenge platform for employers, combining an end-user-oriented approach with elements of gamification and community-building around fitness.

HGP Value Add

HGP ran a competitive auction process resulting in a highly synergistic and compatible transaction with Reward Gateway. With this acquisition, Reward Gateway will offer one of the most comprehensive, end-to-end employee engagement platforms available to support companies of all sizes, all over the world.

has acquired 2022

Situational Overview

symplr's Spend Management product suite will be strengthened by adding GreenLight's quality and value-based purchasing decision support capabilities, together offering one of the most comprehensive spend management and value analysis SaaS solutions in the industry.

HGP Value Add

HGP supported symplr in the transaction, which aligns with symplr's mission to deliver streamlined supply chain decision support for healthcare systems. HGP has served as financial and strategic advisor to symplr since 2014, with GreenLight Medical representing the 10th buy-side acquisition advised by HGP.

has acquired 2022

Situational Overview

nThrive, a comprehensive RCM platform provider, engaged HGP to assess strategic opportunities to execute on their buy-and-build thesis. Patient access and digital patient intake were identified as highly strategic extensions that advance nThrive's position as a leading provider in front-end revenue cycle management.

HGP Value Add

HGP supported nThrive in the transaction, which extends nThrive's leadership in revenue cycle management by adding innovative patient access offerings and new capabilities to support digital patient intake and patient engagement.

has been acquired by 2021

Situational Overview

ER Express delivers a cloud-based patient acquisition platform for large multi-campus health systems that increases revenue by driving new patient volume and improving patient satisfaction.

HGP Value Add

HGP ran a competitive process and supported the transaction between ER Express and Harris Computer. Through the acquisition, Harris adds patient engagement solutions for emergency, urgent care and animal health environments.

has acquired 2021

Situational Overview

Clinical communications was identified as a highly strategic extension for symplr's product suite, further streamlining clinical processes and interactions, and improving clinical satisfaction and patient care.

HGP Value Add

HGP supported symplr in the transaction, which bolsters symplr's rapidly growing workforce and talent management portfolio with the addition of clinical communications. HGP has served as financial and strategic advisor to symplr in since 2014, with Halo representing the 9th buy-side acquisition advised by HGP.

has acquired 2021

Situational Overview

The symplr team identified physician scheduling as a key product offering to further build out their comprehensive suite of workforce management offerings that enable healthcare organizations to better optimize staff.

HGP Value Add

Through extensive strategic landscaping, HGP identified SpinFusion as a compelling platform that would fulfill symplr's need for a provider scheduling solution and supported the Company in the acquisition.

has been acquired by 2021

Situational Overview

The Radix platform utilizes industry-leading machine learning to help medical groups, health centers and hospitals across the U.S. deliver a frictionless patient experience through patient-provider matching, schedule optimization, referral automation, and patient self-service applications.

HGP Value Add

HGP supported the merger process between Radix Health and Relatient. Through the merger, Relatient will add Radix Health’s suite of cutting-edge, enterprise-grade patient access solutions to its existing platform to continue to optimize provider schedules, increase patient satisfaction and improve outcomes for healthcare organizations.

has been acquired by 2021

Situational Overview

MDTech offers a top-tier mobile charge capture application that enables physicians to capture charges at the point of care, allowing for maximized productivity and revenue optimization.

HGP Value Add

HGP ran a competitive process, resulting in the strategic sale to EverCommerce. MDTech will join the EverHealth suite, offering solutions that streamline day-to-day healthcare practice operations, improving provider and administrative workflows, and modernizing engagement with patients.

has acquired 2021

Situational Overview

Imprivata, the digital identity platform for healthcare, sought to expand their protection platform and access management capabilities to better serve healthcare and other organizations whose security and privacy needs are growing.

HGP Value Add

HGP identified Xton Technologies as an optimal acquisition target whose privileged access management solutions will fortify Imprivata's existing digital identity framework by safeguarding and controlling access to a broader set of mission-critical resources and data.

has been acquired by 2021

Situational Overview

Medullan, a leading digital health firm that designs and builds outcomes-driven solutions with a direct and measurable impact on the healthcare industry, engaged HGP to a targeted advisory assignment with the objective to both maximize value and find a counterparty that would serve as a good home to the executive team and employees.

HGP Value Add

HGP introduced ZS and supported the transaction process. Combined with Medullan’s innovative digital health solutions, ZS’s consulting, technology and analytical services in life sciences will help clients overcome digital delivery barriers and improve patient outcomes.

has acquired 2021

Situational Overview

Millennia, a leader in patient payment solutions for hospitals, health systems and medical groups, has acquired Jellyfish Health, an innovative provider of patient engagement and patient access software.

HGP Value Add

HGP identified a proprietary transaction for Millennia, widening their array of patient access solutions and offering a more comprehensive patient experience suite.

has been acquired by 2021

Situational Overview

Bizmatics delivers a premier, cloud-hosted electronic health record, practice management, and revenue cycle management solution for ambulatory physician practices. Bizmatics' founder-owners were seeking a liquidity event that would provide a permanent home for the business as well as abundant opportunities for employee and customer growth.

HGP Value Add

HGP has a deep understanding of the interplay, dynamics, and opportunities that EMR vendors create in the healthcare market. Leveraging its extensive experience, HGP ran a competitive process that resulted in a successful outcome for Bizmatics' stakeholders.

has acquired 2021

Situational Overview

As the global healthcare GRC leader, symplr has been focused on driving consolidation in the industry and accelerating growth via strategic acquisitions. HGP has served as financial and strategic advisor to symplr in varying capacities since 2014, with Phynd representing the 7th buy-side acquisition advised by HGP.

HGP Value Add

HGP identified Phynd as an ideal acquisition target for enhancing symplr's provider data management offering to enable management of a provider's profile, location, clinical expertise, health plan and network participation, and programs.

has been acquired by 2020

Situational Overview

PMG is the nation’s leading full-service revenue cycle management solution dedicated exclusively to Federally Qualified Health Centers (FQHCs).

HGP Value Add

Leveraging its extensive RCM experience, HGP ran a competitive auction process which resulted in an ideal transaction for PMG.

has been acquired by 2020

Situational Overview

HIPAA One is an industry leading provider of HIPAA compliance automation software designed to simplify and automate HIPAA compliance for healthcare providers, health plans, and business associates of all sizes.

HGP Value Add

HGP identified Intraprise as an ideal transaction counterparty. As Sean Friel, Intraprise Health's CEO, put it, "Pairing HIPAA One's automated Security Risk Assessment software platform with Intraprise Health's existing cybersecurity capabilities offers our customers a complete security and compliance solution."

has been acquired by 2020

Situational Overview

PatientMatters, a market-leading provider of intelligent registration workflows and eligibility services, has been acquired by FirstSource Solutions, equipping healthcare providers with a comprehensive platform-based solution that simplifies the end-to-end patient financial experience.

HGP Value Add

HGP's recent experience in Healthcare Revenue Cycle Management transactions created a fast and competitive auction process even amid the global COVID-19 pandemic.

has been acquired by 2020

Situational Overview

With a mission to provide best-in-class clinical interpretation solutions, Digisonics provides over 2,000 active users a vendor neutral platform that consolidates multiple systems to optimize the physician workflow and ultimately improve patient care.

HGP Value Add

HGP supported Digisonics though the transaction which resulted in a great home for Digisonics customers and employees.

has acquired 2020

Situational Overview

Ontellus is the industry leading provider of records retrieval, supporting the entire supply chain of records procurement through data analysis. HGP was engaged to support inorganic growth initiatives to continue growing the Ontellus ecosystem of record retrieval solutions.

HGP Value Add

HGP is a long-term buy-side advisor of Ontellus and identified Intertel as an ideal medical canvassing acquisition target to expand the Ontellus solutions offering.

has been acquired by 2020

Situational Overview

ePreop, a leading provider of perioperative SaaS solutions, engaged HGP to run a strategic sale auction with the objective to both maximize value and find a counterparty that would serve as a good home to the executive team and employees.

HGP Value Add

HGP ran a competitive auction process resulting in a highly synergistic and compatible transaction with Provation, backed by Clearlake Capital. ePreop adds critical perioperative care and reporting components to Provation's innovative clinical productivity solutions.

has acquired 2020

Situational Overview

symplr, a leading healthcare governance, risk and compliance SaaS platform sought to expand their GRC capabilities by adding issue and action management, incident management, contract and document management, and audit management SaaS solutions.

HGP Value Add

Growth through acquisition is an integral part of symplr's business strategy to deliver the industry’s leading healthcare GRC SaaS platform and HGP supported the company through their ninth acquisition.

has acquired 2020

Situational Overview

symplr, a leading healthcare governance, risk and compliance SaaS platform sought to expand their capabilities to address the full spectrum of healthcare labor regulatory requirements.

HGP Value Add

HGP identified TPSC as an ideal acquisition target for symplr that would enable them to include patient safety and incident tracking and reporting in their end-to-end GRC platform.

has been acquired by 2020

Situational Overview

AlertMD, a leading RCM tech company, engaged HGP in the pursuit of a sale transaction.

HGP Value Add

HGP ran a competitive auction process resulting in a transaction that positions AlertMD for growth and evolution of the platform, while providing a good home and growth opportunity for the employees.

has been acquired by 2019

Situational Overview

ImPACT Applications, a leading provider of research-backed concussion assessments, engaged HGP to run a strategic sale auction with the objective to both maximize value and find a counterparty that would serve as a good home to the executive team and employees.

HGP Value Add

HGP ran a competitive auction process resulting in a highly synergistic and compatible transaction with Riverside Insights, backed by Alpine Investors.

has acquired 2019

Situational Overview

Accumen Inc., the market leader in healthcare performance improvement across operational, clinical, and data for healthcare, sought to expand their portfolio of capabilities focused on bringing clients meaningful savings, operational efficiencies, and improved patient care.

HGP Value Add

HGP identified 3DR Laboratories as an ideal acquisition for Accumen in further strengthening the imaging transformation service line within the Clinical Performance Business Unit. 3DR is known for high-quality and consistent expert processing, enabling radiologists to meet even the most urgent patient needs. The combined organization will continue to build on an already strong imaging transformation offering to aid clients in achieving and exceeding their cost, quality, and service targets.

has acquired 2019

Situational Overview

Omnisys, a nationally recognized leader in medical claim billing, Medicare compliance and patient engagement solutions for pharmacies, HME/DME providers and pharmaceutical manufacturers, engaged HGP to assess strategic acquisition opportunities to enhance their product portfolio.

HGP Value Add

HGP identified STRAND Clinical Technologies as an ideal acquisition for Omnisys in their shared mission to leverage the pharmacy setting to improve patient outcomes. The combined entity will provide a suite of technologies and tools to support the pharmacy's role in care delivery, enabling community pharmacists to provide preventative care and low-acuity services traditionally performed in a doctor's office.

received funding from 2019

Situational Overview

Clearwave is a leading provider of digital check-in, insurance eligibility, and patient payments solutions to health systems and physician practices.

HGP Value Add

HGP ran a competitive auction process to provide liquidity to Clearwave’s investors by partnering with a top tier investor to further the company’s market leadership position in patient registration.

received funding from 2018

Situational Overview

Diameter Health is a software vendor enabling better clinical insights through the normalization, cleansing, de-duplication and enrichment of medical data. Diameter approached HGP to assess capitalization and growth strategies.

HGP Value Add

HGP initiated a strategic review which led to a capital transaction involving a strategic investment from Optum Ventures and existing shareholders.

has been acquired by 2018

Situational Overview

HGP Value Add

has been acquired by 2017

Situational Overview

Russell Phillips engaged Healthcare Growth Partners to run a strategic sale auction with the objective to both maximize value and find a counterparty that would serve as a good home to the executive team and employees.

HGP Value Add

HGP ran a highly competitive auction resulting in a highly synergistic and compatible transaction with Jensen Hughes, backed by Gryphon Investors.

has acquired 2017

Situational Overview

Ontellus is a record retrieval vendor, which HGP advised on its recapitalization with CapStreet and continued to serve as long-term buy-side advisor.

HGP Value Add

HGP landscaped the market and has supported Ontellus through its fourth acquisition.

has been acquired by 2017

Situational Overview

Kognito is a health simulation company that believes in the power of conversation to change lives. The company was approached by multiple strategic acquirors.

HGP Value Add

HGP ran a targeted auction and strategic alternatives analysis that resulted in multiple acquisition offers and term sheets resulting in the sale to Ascend.

has been acquired by 2017

Situational Overview

Prognosis is a leading EMR vendor serving acute-care facilities in rural and CAH markets. The company was experiencing growth and not specifically seeking an exit.

HGP Value Add

HGP identified Azalea Health, an ambulatory EMR vendor serving the rural market, as an excellent strategic fit. HGP made the introduction and supported Prognosis through the deal that resulted in liquidity and the potential for future equity value creation given the strong synergy potential.

has been acquired by 2017

Situational Overview

A market leader in patient communications for small to mid-size physician practices approached HGP seeking a liquidation event.

HGP Value Add

HGP identified a highly strategic buyer who preempted the auction process in order to expand their customer footprint.

has acquired 2017

Situational Overview

symplr was looking for a strategic acquisition to enter the provider data management space to complement its existing healthcare compliance and credentialing solutions.

HGP Value Add

As a long-term buy-side advisor for symplr, HGP helped identify new market verticals and navigate discussions with companies in each to arrive at an excellent strategic fit with Vistar. This is the fourth strategic acquisition symplr has completed with HGP.

has been acquired by 2017

Situational Overview

Clockwise.MD, a patient engagement software provider of online scheduling and wait time transparency solutions for healthcare organizations, found an excellent strategic partner in DocuTAP that brings together the complementary strengths of both companies to form an industry leader in the on-demand healthcare market.

HGP Value Add

As a long-term strategic advisor for Clockwise.MD, HGP helped position the Company for success in their strategic sale.

has acquired 2017

Situational Overview

Omnisys, a nationally recognized leader in medical claim billing, Medicare compliance and patient engagement solutions for pharmacies, HME/DME providers and pharmaceutical manufacturers, engaged HGP to assess strategic acquisition opportunities to enhance their product portfolio.

HGP Value Add

HGP identified a proven SaaS patient communication and adherence platform in voiceTech. The combined entity will deliver added value to its pharmacy customers and the patients they serve through its newly expanded set of solutions for pharmacies.

has been acquired by 2017

Situational Overview

High Line Health is a progressive value-based analytics and data visualization platform.

HGP Value Add

HGP ran a full auction process for High Line. High Line will continue to operate as a subsidiary of One Call, continuing to support and grow ACO, MCO, and employer relationships while also accelerating the pursuit of better outcomes for One Call's customers in the workers' compensation industry.

has been acquired by 2016

Situational Overview

Essette, a care management software vendor, engaged HGP to run a sell-side auction focused on strategic acquirors.

HGP Value Add

HGP identified HMS as a highly strategic buyer that not only drove superior economic value but also proved an ideal match to preserve the culture and grow the team at Essette.

has been acquired by 2016

Situational Overview

Array Health Solutions is a leading provider of group health insurance ecommerce technology.

HGP Value Add

HGP helped Array Health assess both its capital raise and sale opportunities, ultimately leading to the pursuit of an acquisition by GetInsured.

has acquired 2016

Situational Overview

Keais is a medical record retrieval vendor serving insurance carriers and law firms.

HGP Value Add

After advising Keais on a majority recap, Keais retained HGP to identify and execute on strategic acquisitions, resulting in multiple acquisitions that drove significant returns for investors and management.

has acquired 2016

Situational Overview

Lightbeam is a population health management software vendor that HGP supported through multiple rounds of institutional and strategic capital.

HGP Value Add

HGP served as strategic advisor in the acquisition of Browsersoft, an HIE vendor serving the provider market.

has acquired 2016

Situational Overview

HGP served as a long-term buy-side advisor to symplr, a compliance and credentialing vendor. HGP advised symplr on two acquisitions, resulting in a successful recap, and, by leveraging fresh equity, the acquisition of Cactus.

HGP Value Add

HGP identified and executed on multiple acquisitions with symplr, all proprietary, resulting in significant returns for management and symplr's private equity partners.

received funding from 2016

Situational Overview

InformedDNA is a genetic counseling and utilization management business serving the payor market. InformedDNA engaged HGP to assist with a capital raise with a focus on strategic investors.

HGP Value Add

HGP contacted multiple strategic investors and ultimately structured a combined commercial and investment partnership with Anthem.

has been acquired by 2016

Situational Overview

DocBookMD is a provider communications company serving providers and payers, which engaged HGP to support strategic planning and an exit.

HGP Value Add

HGP ran a narrow auction process resulting in the sale of DocBookMD to scrypt.

received funding from 2016

Situational Overview

Lightbeam is a population health management software vendor that HGP supported through multiple rounds of institutional and strategic capital.

HGP Value Add

HGP served as strategic advisor in Lightbeam's capital raise from the Corporate Venture Capital arm of Hearst Corporation.

received funding from 2016

Situational Overview

Vivify is a remote patient monitoring vendor serving health systems and payors which engaged HGP to raise strategic capital.

HGP Value Add

HGP served as long-term strategic advisor, supporting the company through multiple institutional and strategic capital raises, including an investment from UPMC.

has acquired 2016

Situational Overview

Nextech, a specialty EMR vendor backed by Francisco Parnters, engaged HGP to lead and support its buy-side strategy.

HGP Value Add

HGP supported Nextech's acquisition of SupraMed, a specialty vendor focused on the plastic surgery practice management.

has been acquired by 2016

Situational Overview

Shareable (aka, Shareable Ink) is a clinical documentation vendor backed by Lemhi Ventures that engaged HGP to advise an exit transaction.

HGP Value Add

HGP supported Shareable's exit to Digital Reasoning, an analytics vendor focused on transforming unstructured data.

has been acquired by 2015

Situational Overview

iVantage offers analytics and consulting solutions to hospitals and health systems. The company was funded by Great Point Partners, who approached HGP to advise in the pursuit of a liquidity event.

HGP Value Add

HGP ran a complete auction process that led to multiple bids from sponsors and strategics and a strategic transaction with The Chartis Group, which is backed by the private equity group Riordan, Lewis & Haden.

has been acquired by 2015

Situational Overview

ClientTell is a patient communications vendor serving hospitals and physicians. ClientTell sought HGP to lead it through a sale and liquidity event for shareholders.

HGP Value Add

HGP ran a full auction process which resulted in multiple highly competitive bids. HGP worked closely with company executives and shareholders to select the buyer that best addressed the desires of shareholders and company executives.

has been acquired by 2015

Situational Overview

LWSI is a specialty EMR and PM vendor focused on behavioral health which engaged HGP to run a sell-side auction.

HGP Value Add

HGP ran a competitive auction and managed LWSI through a competitively sensitive transaction with Netsmart, a portfolio company of Genstar Capital.

received funding from 2015

Situational Overview

HGP served as a long-term strategic advisor to ClockwiseMD, a self-scheduling and queue management vendor serving healthcare providers.

HGP Value Add

HGP introduced and supported a proprietary investment from Martin Ventures, the investment firm run by Vanguard Health founder, Charlie Martin.

has been acquired by 2015

Situational Overview

gMed is a specialty EMR and PM vendor focused on gastroenterology which engaged HGP to run a sell-side auction.

HGP Value Add

HGP advised the company strategically first and when the timing was optimal, ran a competitive sell-side process resulting in the sale to Modernizing Medicine, a portfolio company of Francisco Partners.

received funding from 2015

Situational Overview

Sentry is a software vendor serving hospital-based pharmacies which engaged HGP as a strategic advisor to support long-term valuation creation.

HGP Value Add

HGP served as strategic advisor, recruited board members, and helped the company plan and position for a transaction, resulting in a recap with ABRY Partners.

has acquired 2015

Situational Overview

HGP served as a long-term buy-side advisor to symplr, a compliance and credentialing vendor. HGP advised symplr on two acquisitions, including CBR, prior to a successful recapitalization.

HGP Value Add

HGP identified and executed on multiple acquisitions with symplr, all proprietary, resulting in significant returns for management and symplr's private equity partners.

has been acquired by 2015

Situational Overview

Provider Advantage is an access management vendor focused on front-end RCM which engaged HGP in the pursuit of a sale transaction.

HGP Value Add

HGP identified The SSI Group as a highly strategic acquiror, given the complentary nature of the two company's product offerings.

received funding from Strategic Investor 2015

Situational Overview

Lightbeam is a population health management software vendor that HGP supported through multiple rounds of institutional and strategic capital.

HGP Value Add

HGP served as strategic advisor in Lightbeam's capital raise from an undisclosed strategic investor.

has invested in 2015

Situational Overview

ZirMed is a privately-held revenue cycle claims and analytics vendor backed by Sequoia Capital. HGP was approached by Generation Partners to support a $25mm growth equity investment in ZirMed.

HGP Value Add

HGP provided market perspective that served as the formation of the investment thesis and performed valuation analyses. HGP leveraged a pre-existing relationship with ZirMed to streamline a smooth negotiation between the two parties.

has been acquired by 2015

Situational Overview

HealthUnity is a health information exchange vendor serving hospitals and health systems as well as payers. HealthUnity approached HGP about the pursuit of a sale or full liquidity event.

HGP Value Add

HGP ran a full and seamless auction that resulted in a competitive bidding process and a successful outcome for management and shareholders. HealthUnity was sold to ZeOmega, a portfolio company of Bregal Sagemount, to enable expansion into the hospital market.

has acquired 2015

Situational Overview

HGP closed multiple transactions with Merge, serving as both sell-side and buy-side advisor. Merge, a medical imaging software company, engaged HGP to complete a fairness opinion of DR Systems.

HGP Value Add

HGP completed the fairness opinion of DR Systems, a medical imaging software vendor.

has been recapitalized by 2015

Situational Overview

Keais is a medical record retrieval vendor serving insurance carriers and law firms.

HGP Value Add

HGP intermediated a proprietary recapitalization transaction between Keais and The CapStreet Group, which addressed the unique needs of the Keais shareholder base.

HSM Inc. has been acquired by 2015

Situational Overview

HSM is a utilization management company focused on physical therapy, rehab, and chiro. HSM was looking for a strategic partner/acquirer who would help them to continue to grow while maintaining the existing leadership team to oversee the day-to-day operations.

HGP Value Add

HGP helped HSM find a buyer with a strong business and cultural fit in Magellan Health. HSM offered an excellent strategic fit as well, giving Magellan the ability to expand its musculoskeletal platform into an end-to-end offering.

received funding from 2014

Situational Overview

Vivify is a remote patient monitoring vendor serving health systems and payors which engaged HGP to raise strategic capital.

HGP Value Add

HGP served as long-term strategic advisor, supporting the company through multiple institutional and strategic capital raises, including an investment from LabCorp and Envision Health.

has been acquired by 2014

Situational Overview

Patient Prompt is a patient communications vendor serving hospitals and physicians. Patient Prompt was approached by multiple buyers and hired HGP to advise the company and assess strategic alternatives.

HGP Value Add

After a full auction and with multiple competing bids for the company, HGP achieved a valuation far superior to the initial bid with a higher certainty of close. The Patient Prompt management team now serves as key executives within the large and growing Patient Communications division at Stericycle.

received funding from 2014

Situational Overview

Array Health is a health insurance exchange software vendor serving health plans and employers. Angel funded to date, the company approached HGP to advise on first round institutional capital.

HGP Value Add

HGP advised the company through a highly competitive auction process that resulted in a $13mm capital raise led by Noro-Moseley Partners with participation from VoCap Partners and Highmark.

received funding from 2014

Situational Overview

Livongo is a diabetes care management company serving employers & payers. Previously funded by angels, Livongo (fka, Eos Health) sought first round institutional capital to accelerate growth.

HGP Value Add

HGP leveraged existing relationships with Livongo (Eos Health) and 7wire to facilitate a seamless transaction with General Catalyst, which led to subsequent investments from Humana, Merck GHI, and Kleiner Perkins.

has acquired 2014

Situational Overview

HGP Value Add

has acquired 2014

Situational Overview

Net Health is a specialty EMR vendor focused on wound care, urgent care, and PT. A former HGP client stepped in as CEO of Net Health and hired HGP to pursue a recapitalization of the company to position the company for growth and acquisitions.

HGP Value Add

HGP initiated the process with a strategic review, which included an assessment of strategic alternatives, identification of markets and capabilities to drive growth, and landscaping of acquisition targets, leading to a recap with Spectrum Equity and subsequent acquisitions, including ReDoc.

has been acquired by 2014

Situational Overview

HealthPost offers patient self-scheduling and referral management software for booking physician appointments. The company approached HGP to assess whether to raise capital or seek a sale.

HGP Value Add

HealthPost and HGP agreed to reach out to a handful of highly strategic acquirors and investors including Advisory Board, a former client and counterparty of multiple HGP transactions. HGP led a constructive and efficient negotiation resulting in a 26x revenue multiple.

received funding from 2014

Situational Overview

HGP Value Add

received funding from 2013

Situational Overview

Livongo (fka, Eos) is a diabetes care management company serving employers & payers. Previously funded by angels, Livongo sought first round institutional capital to accelerate growth.

HGP Value Add

HGP leveraged existing relationships with Livongo (Eos Health) and 7wire to facilitate a seamless transaction, which led to subsequent investments from General Catalyst, Humana, Merck GHI, and Kleiner Perkins.

has been acquired by 2013

Situational Overview

Care Team Connect is a care coordination software platform serving the health system market. The Advisory Board saw the potential of the platform, which “listens” to hospital medical records and creates a step-by-step guide for patient care post-discharge.

HGP Value Add

HGP evaluated a dual-track capital raise and sale process. HGP helped investors and buyers in the process see the enormous growth potential of Care Team Connect’s platform.

received funding from 2013

Situational Overview

HGP Value Add

has been acquired by 2013

Situational Overview

Medibis, an RCM analytics vendor serving the ambulatory surgery center market, along with its owner, Bertram Capital, engaged HGP to advise on a sale process.

HGP Value Add

HGP ran an auction process for Medibis resulting in a competitive sale to SSI Group. Leveraging this relationship with SSI, HGP subsequently sold Provider Advantage to SSI in 2015.

has been acquired by 2013

Situational Overview

Integritas, a closely-held specialty PM/EMR vendor serving the urgent care and occupational health markets, engaged HGP to advise on a sale process.

HGP Value Add

HGP ran a highly competitive auction resulting in the sale to Net Health, an HGP former client backed by Spectrum Equity.

received funding from 2013

Situational Overview

Vivify is a remote patient monitoring vendor serving health systems and payors which engaged HGP to raise strategic capital.

HGP Value Add

HGP served as long-term strategic advisor, supporting the company through multiple institutional and strategic capital raises, including an investment from Heritage Group and Ascension Ventures.

has been acquired by 2012

Situational Overview

GHN Online, a claims management vendor serving healthcare providers with a focus on the ASC market, engaged HGP to run a sale process.

HGP Value Add

HGP ran a tight process focused on highly strategic acquirors resulting in the competitive and seamless sale transaction to Greenway Health.

has acquired 2012

Situational Overview

HGP served as long-term strategic and buy-side advisor to Hearst Health, one of the largest providers of clinical content to the healthcare industry.

HGP Value Add

HGP supported Hearst through multiple stages of the buy-side process resulting in the acquisition of care guidelines vendor, Milliman Care Guidelines.

has acquired 2012

Situational Overview

HGP served as sell-side advisor to MedHost in its sale to HealthTech Holdings (backed by Primus), which subsequently renamed itself MedHost.

HGP Value Add

Knowing MedHost's strategic need to acquire a high acuity surgery management vendor, HGP identified and supported the proprietary acquisition of Acuitec.

has been acquired by 2012

Situational Overview

L&S Associates, a revenue cycle services company focused on Medicaid eligibility, engaged HGP to run a sell-side auction.

HGP Value Add

The auction resulted in multiple strategic bids and the competitive sale to Human Arc, a competing RCM services company.

has been acquired by 2012

Situational Overview

Net Health is a specialty EMR vendor focused on wound care, urgent care, and PT. A former HGP client stepped in as CEO of Net Health and hired HGP to pursue a recapitalization of the company to position the company for growth and acquisitions.

HGP Value Add

HGP initiated the process with a strategic review, which included an assessment of strategic alternatives, identification of markets and capabilities to drive growth, and landscaping of acquisition targets, leading to a recap with Spectrum Equity as well as multiple follow-on acquisitions.

has been acquired by 2012

Situational Overview

Study Manager, a closely-held clinical trial management software vendor serving sponsors and sites, engaged HGP to advise on a sale process.

HGP Value Add

HGP ran a competitive auction and positioned the strategic fit with Merge eClinical, negotiating a transaction which exceeded client objectives by leveraging a strong relationship with Merge.

has been acquired by 2012

Situational Overview

cGate Health is a clinical mobility vendor backed by Mercury Ventures. The company engaged HGP to opportunistically pursue a sale process.

HGP Value Add

HGP negotiated a proprietary transaction between cGate and SCI, leveraging a deep understanding of the strategic fit between the two companies.

received funding from 2012

Situational Overview

DocuTAP is a software vendor initially serving urgent care with subsequent expansion into the retail/telemedicine market. DocuTAP approached HGP to assess all strategic alternatives.

HGP Value Add

HGP initiated a strategic review which led to a competitive capital raise process that was completed in less than 4-months with multiple competing bids, ultimately resulting the 2016 sale of DocuTAP to Warburg Pincus.

has been acquired by 2012

Situational Overview

Clincal Coding Solutions, a revenue cycle technology company focused on hospital emergency departments, engaged HGP to advise on a strategic sale.

HGP Value Add

HGP ran an auction process resulting in a highly competitive and strategic sale to T-System, a portfolio company of Francisco Partners.

has been acquired by 2012

Situational Overview

The Advisory Board Company hired HGP to lead the divestiture of its OptiLink Division, which offers software focused on workforce management and scheduling for hospitals.

HGP Value Add

HGP led a highly strategic auction process resulting in the competitive sale to Kronos, a portfolio company of JMI Equity.

has been acquired by 2011

Situational Overview

HGP Value Add

has been acquired by 2011

Situational Overview

HGP Value Add

has acquired 2011

Situational Overview

HGP Value Add

has acquired 2011

Situational Overview

HGP Value Add

has been acquired by 2011

Situational Overview

HGP Value Add

has been acquired by 2011

Situational Overview

HGP Value Add

has acquired 2011

Situational Overview

HGP Value Add

has acquired 2011

Situational Overview

HGP Value Add

has been acquired by 2011

Situational Overview

HGP Value Add

received funding from 2011

Situational Overview

HGP Value Add

received funding from 2011

Situational Overview

HGP Value Add

has acquired 2010

Situational Overview

HGP Value Add

has acquired 2010

Situational Overview

HGP Value Add

received funding from 2010

Situational Overview

HGP Value Add

has been acquired by 2010

Situational Overview

HGP Value Add

has been acquired by 2010

Situational Overview

HGP Value Add

received funding from 2010

Situational Overview

HGP Value Add

has acquired 2010

Situational Overview

HGP Value Add

has acquired 2010

Situational Overview

HGP Value Add

has been acquired by 2010

Situational Overview

HGP Value Add

has been acquired by 2010

Situational Overview

HGP Value Add

has been acquired by 2010

Situational Overview

HGP Value Add

has been acquired by 2010

Situational Overview

HGP Value Add

received funding from 2009

Situational Overview

HGP Value Add

has acquired 2009

Situational Overview

HGP Value Add

has been acquired by 2009

Situational Overview

HGP Value Add

has been acquired by 2009

Situational Overview

HGP Value Add

has acquired 2009

Situational Overview

HGP Value Add

has acquired 2009

Situational Overview

HGP Value Add

has been acquired by 2009

Situational Overview

HGP Value Add

has acquired 2008

Situational Overview

HGP Value Add

has been acquired by 2008

Situational Overview

HGP Value Add

has been acquired by Undisclosed 2008

Situational Overview

HGP Value Add

has been acquired by 2008

Situational Overview

HGP Value Add

has been acquired by 2008

Situational Overview

HGP Value Add

has been acquired by 2008

Situational Overview

HGP Value Add

has acquired 2008

Situational Overview

HGP Value Add

has been acquired by 2008

Situational Overview

HGP Value Add

AcerMed has been acquired by 2008

Situational Overview

HGP Value Add

NetRegulus has been acquired by 2007

Situational Overview

HGP Value Add

has been acquired by 2007

Situational Overview

HGP Value Add

has been acquired by 2007

Situational Overview

HGP Value Add

has been acquired by 2006

Situational Overview

HGP Value Add