HGP Health IT May Insights

HGP Health IT May Insights

June 05, 2019

HGP’s May Health IT Insights provides a summary of Health IT transactions, news, and public company performance during the month of May. Reflecting the ongoing trend to drive profits beyond care delivery, Bon Secours sold a 51% interest in its RCM subsidiary, Ensemble Health, to Golden Gate Capital for $1.2 billion.  Also in the RCM space, JP Morgan announced a $500mm acquisition of InstaMed, a…

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HGP Health IT April Insights

HGP Health IT April Insights

May 02, 2019

HGP’s April Health IT Insights provides a summary of Health IT transactions, news, and public company performance during the month of April. Health IT transaction activity reflected the dynamic nature of the industry in April, with transactions ranging from consumer wellness and lifestyle platforms to AI-based clinical decision support solutions.  During the month, CMS introduced new value-based…

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HGP Advises Chartswap in Acquisition by Ontellus

HGP Advises Chartswap in Acquisition by Ontellus

April 09, 2019

Chartswap, developer of a cloud-based HIPAA compliant Health Information Exchange connecting a network of records providers with requestors, was acquired by Ontellus, the industry leading, nationwide full-service procurer of medical, billing, employment records and other claims related data services. "Our goal at ChartSwap…

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HGP Health IT March Insights

HGP Health IT March Insights

April 01, 2019

HGP’s March Health IT Insights provides a summary of Health IT transactions, news, and public company performance during the month of March. Buyout funds were active with a number of growth transactions that reflect the very broad interest across Health IT.  Meanwhile, the market is seizing on a thesis that pharmacies can extend beyond medication dispensing and provide access to care at lower costs,…

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The Rule of 40 in HIT: Should your Company Prioritize Profitability or Growth?

The Rule of 40 in HIT: Should your Company Prioritize Profitability or Growth?

March 19, 2019

Among the venture capital and growth equity community, a common rule of thumb for software companies is the “Rule of 40”. The rule simply states that a healthy software company’s net profitability + revenue growth rate should exceed 40%. This rule provides a guideline to balance the trade-off between revenue growth and profitability, a question many of our clients frequently have. To see…

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HGP 2018 Health IT Private Equity Survey

HGP 2018 Health IT Private Equity Survey

March 05, 2019

HGP surveyed hundreds of private equity funds across all stages and received 105 responses. Responses concentrated toward Growth Equity and Venture Capital investors, who respectively invest in early and earlier stage companies. The distribution of responses across the stages of investing is consistent with the distribution of investment activity across the company lifecycle. The majority of institutionally…

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HGP Health IT February Insights

HGP Health IT February Insights

March 04, 2019

HGP’s February Health IT Insights provides a summary of Health IT transactions, news, and public company performance during the month of February. Government influence in HIT showed no signs of abating during the month, with the introduction of new mandates and payment models, including HHS’s new interoperability standards and reimbursement programs for medical transportation. Now merged with Aetna,…

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