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.

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 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 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 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 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 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 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 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 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 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 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 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 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.

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.

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 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.

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.

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.

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.

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.

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.

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.

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 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.

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 been acquired by 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 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

has been acquired by 2010

Situational Overview

HGP Value Add

has been acquired by 2010

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 been acquired by 2009

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 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