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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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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