News 5/8/24 – HIStalk
Top News
Multi-state hospital operator Steward Health Care files for Chapter 11 bankruptcy protection and seeks up to $300 million in financing to keep the doors of its 31 remaining hospitals open.
The company blames…
Top News
Multi-state hospital operator Steward Health Care files for Chapter 11 bankruptcy protection and seeks up to $300 million in financing to keep the doors of its 31 remaining hospitals open.
The company blames…
What You Should Know:
– Medical Informatics Engineering (MIE), a leader in occupational health IT solutions, today announced a significant investment from Serent Capital, a growth-focused private equity firm.
– The strategic investment fuels MIE’s continued…
Continue ReadingTrinity Hunt Partners, a growth-oriented private equity firm focused on services businesses, is pleased to announce a majority investment in Coker Group (Coker), a leading healthcare advisory firm serving hospitals, private and health system-affiliated…
Continue ReadingInvestment in Leading Communications and Payment Solutions Provider
Frazier Healthcare Partners (Frazier), a Seattle-based, healthcare-focused investment firm, announced today that it has completed its acquisition of RevSpring (or the Company), a leading provider of end-to-end…
What You Should Know:
– ChrysCapital, India’s largest homegrown private equity (PE) firm, is reportedly exploring the sale of GeBBS Healthcare Solutions, a Los Angeles-based healthcare business process outsourcing (BPO) company.
– This comes roughly six…
Continue ReadingNathaniel Arana, CEO at NGA Healthcare
As a society, we should all be concerned about the increasing rate at which private equity firms are acquiring physician groups. Over the last decade, private equity firms have…
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Inovalon acquires clinical surveillance and patient safety software vendor VigiLanz.
The deal marks Inovalon’s fifth recent acquisition and the first since the company was acquired by a private equity consortium in 2021 at…
What You Should Know:
– Peloton Equity, a private equity firm focused on healthcare growth companies, announced a significant investment in OnPoint Healthcare Partners, a leader in AI-powered solutions for reducing physician burnout and improving…
Continue ReadingApprio
What You Should Know:
– HCAP Partners, a California-based private equity firm and leading impact investor, today announced its investment in Apprio, a provider of specialized healthcare technology solutions and services focused on automation.
– While…
Continue ReadingWhat You Should Know:
– Goldman Sachs Asset Management has announced the closing of its first-ever life sciences fund, West Street Life Sciences I, surpassing its target with $650 million in commitments.
– This marks a…
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