InVita Healthcare Technologies, a leading software solutions provider to healthcare, blood centers, public health, and public safety organizations, and BloodHub, a leader in blood and biologics supply chain automation solutions, today announced that BloodHub is joining…
Read More
Council Capital and Health Enterprise Partners, healthcare-focused private equity firms based in Nashville and New York City respectively, jointly announced a platform investment in Alivia Analytics. Alivia provides…
Read More
2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. To make sense of the crosscurrents from macroeconomic and inflation data, we leveraged our experience executing transactions, extensive network, and market analysis from our 16-year history advising and investing across the ever-evolving Health IT and Digital Health sectors to gather key market information.
Read More
Healthcare Growth Partners (HGP), a digital health and health IT investment bank in Houston, Texas is excited to announce that it has hired Brooks McElveen as a Vice President of the firm. Brooks most recently served as Vice President at New Capital Partners (NCP), a middle-market private equity…
Read More
The prevalence of mental and behavioral health conditions has been on the rise in recent decades, further aggravated by the pandemic in the last two years. Social isolation, grief from the loss of loved ones, fear of contracting the virus, and financial worries were all major stress factors that increasingly affected the mental wellbeing of the population, and the resulting statistics are startling:…
Read More
Reward Gateway, a global HR technology and employee engagement company, today announced it has acquired MoveSpring, a leading U.S. provider of activity-based software solutions to improve employee wellbeing. This follows the recent acquisition of recognition…
Read More
symplr, the leader in enterprise healthcare operations, backed by Clearlake Capital Group, L.P. and Charlesbank Capital Partners, announced that it has entered into an agreement to purchase GreenLight Medical, a provider…
Read More
The US dental industry has seen a proliferation of new technologies, a trend driven by the rise of the consumeristic nature of dental care, which can be attributed to 3 key influences: 1) gaps in dental insurance coverage, 2) competitive pressures among private practices, and 3) the aggressive rollup of private equity-backed dental support organizations (DSOs). Self-pay and patient financial…
Read More
nThrive, a healthcare revenue cycle management SaaS platform provider backed by Clearlake Capital Group, L.P., announced it has signed a definitive agreement to acquire PELITAS, a leading provider of healthcare patient access, digital patient intake, and front-end RCM software solutions.…
Read More
Despite the perception that valuations have risen in the post-pandemic era, the valuation tide has not lifted all boats equally. Following the pandemic, Health IT M&A valuations increased an impressive 36% from 5.1x revenue to 6.9x revenue. Meanwhile, the expanding universe of publicly traded Health IT, now 70 companies strong thanks to 35 recent IPO and SPAC transactions, contracted 16% in 2021…
Read More