Venture capital funding for healthcare IT companies — those selling enterprise software to providers and payers — is slowly picking back up after its low point in the fourth quarter of 2022, according to…
Continue Reading
NHS England is moving forward plans for a £68m programme of investment in Bed and Capacity Management Systems (eBCMS) as part of its efforts to try and use digital tools to alleviate waiting list…
Continue Reading
US healthcare providers are rapidly increasing investments in IT software and AI, driven by financial pressures, labor shortages, and emerging technologies, according to the 2023 Healthcare Provider IT Report by Bain and KLAS. Approximately…
Continue Reading
NextGen Healthcare Shareholders to Receive $23.95 Per Share in Cash, a 46.4% Premium to Unaffected Stock Price
Transaction to Accelerate NextGen Healthcare’s Growth and Innovation as the Trusted Advisor to Healthcare Providers
NextGen Healthcare, Inc., a…
Top News
Walmart is reportedly considering acquiring a majority stake in ChenMed, which operates 100 Medicare Advantage primary care clinics in 15 states.
The family-owned ChenMed has made significant executive team changes this year, replacing…
This week, medical device giant Abbott announced its plans to acquire Bigfoot Biomedical. The deal is not that surprising given that the two companies have been collaborating for more than six years, but it…
Continue Reading
What You Should Know:
– Thoma Bravo, a private equity software investment firm has acquired NextGen Healthcare, Inc, for over $1.8B in cash.
– Under the terms of the agreement, NextGen Healthcare shareholders will receive $23.95…
Continue Reading
Healthcare’s First AI Data Security Company Fuels Market Expansion with New Capital
Tausight®, healthcare’s first AI-powered data security company, today announced it has raised $6 million in additional financing, led by Polaris Capital, with participation from…
According to a recent Proofpoint report, there is increasing agreement among board members and Chief Information Security Officers (CISOs) in recognizing cyber threats. While boards understand the importance of cybersecurity, many still believe they…
Continue Reading
By Hannah Nelson
September 06, 2023 – Health IT vendor NextGen Healthcare has entered into a definitive agreement to be acquired by software investment firm Thoma Bravo.
Once the deal is complete, NextGen Healthcare will become a…
