Accumen Inc., the leader in healthcare performance, announced that it has acquired 3DR Laboratories, the largest and most respected 3D medical post-processing laboratory in the United States. Since it was founded in 2005, 3DR Laboratories has provided post-processing services to hundreds…
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At HGP, we’ve advised and made personal investments in 100+ emerging growth Health IT companies with revenue between ~$5-20 million. We’re often asked about the target…
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The Health IT IPO streak continued during the month of September, with Peloton, an interactive fitness platform, completing its IPO on September 29, and SmileDirectClub, a network-based provider of orthodontic aligners, on September 12. Also during the month, Progyny, a provider of fertility benefits management, filed for an initial public offering. While the volume of listings has been strong,…
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HGP’s August Health IT Insights provides a summary of Health IT transactions, news, and public company performance during the month of August. The wave of Health IT IPO’s during June and July were followed in August with a wave of high-profile private equity buyouts. Clinical trial and life sciences technologies received particular attention, with significant investments in InCrowd,…
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Three venture-backed health IT companies completed IPOs in July, ending an almost three-year drought of health IT IPOs. Share prices soared following each IPO, indicative of the enthusiastic response and a desire to see more health IT companies make their way toward public debuts. Composition of revenue, gross margin, and growth are key differentiators between these and all companies and key drivers…
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HGP’s July Health IT Insights provides a summary of Health IT transactions, news, and public company performance during the month of July. Health IT saw four IPOs during a five week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. All were welcome by the market with strong first day performance, with Health Catalyst, Phreesia, and Livongo…
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Following the release of our Semi-Annual Market Review, HGP's very own Chris McCord was interviewed for an article published on The Deal (www.thedeal.com) on July 23, 2019. The article explores current market dynamics in the Healthcare IT M&A market, noting in particular that even with a rising supply of companies seeking an exit, valuations remain…
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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 findings from HGP’s analysis of the backlog of venture capital and private equity backed companies which have not yet seen an exit via M&A…
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OmniSYS, a technology company focused on innovative solutions for the retail pharmacy industry, announced today that it has acquired STRAND Clinical Technologies. STRAND helps retail pharmacists launch and support clinical services within…
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Even though 2014 was supposed to be the “year of the wearable” according to Forbes, five years later we are now seeing the wearable reach maturity and mass-adoption. This increase in adoption…
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