Monday Morning Update 11/20/23 – HIStalk
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NextGen Healthcare files WARN documents indicating that it will lay off 84 employees it St.Louis in the first months of next year.
Meanwhile, executives who are cashing in on the November 10 sale…
Tag: Private Equity
UpHealth Sells Cloudbreak Health Business to GTCR for $180M
What You Should Know:
UpHealth, Inc. has entered into a definitive agreement to sell its wholly-owned subsidiary, Cloudbreak Health, LLC, to private equity firm GTCR for $180 million in cash.
The sale will allow UpHealth to…
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News 11/8/23 – HIStalk
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Surescripts acquires ActiveRadar, a prescription drug benefits data company that identifies therapeutic alternatives.
ActiveRadar’s original iteration was launched by Safeway Food Stores to help its union employees save money on prescription drugs. It…
WellSky Acquires Corridor, Expands Commitment to Offering Best-in-Class Coding, Revenue Cycle Management Services for Post-Acute Industry | Healthcare IT Today
The Combined Companies will Work Together to Bolster Providers’ Ability to Improve Financial Performance and Succeed in Value-Based Care Arrangements
WellSky, a leading health and community care technology company, announced today that it has acquired Corridor,…
News 10/11/23 – HIStalk
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Private equity firm General Catalyst launches Health Assurance Transformation Corp., which will work with the firm’s 20-plus health system partners to test new care delivery and workflow optimization technologies developed by companies within…
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News 9/8/23 – HIStalk
Top News
Private equity firm Thoma Bravo will acquire NextGen Healthcare in a $1.5 billion take-private transaction, paying a 46% premium to the unaffected share price.
NextGen offers solutions for EHR/PM and interoperability.
The private equity…
M&A: NextGen Healthcare Acquired by PE Firm for $1.8B
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…
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NextGen to be acquired by Thoma Bravo for $1.8B
After more than four decades as a publicly traded health IT company, NextGen Healthcare will be taken private by Thoma Bravo in an acquisition valued at $1.8 billion, it was announced on Wednesday.WHY IT MATTERS
NextGen, which…
Biofourmis’ Founder Steps Down As CEO, Amidst Company Layoffs
Kuldeep Singh Rajput
What You Should Know:
– Biofourmis founder and CEO Kuldeep Singh Rajput has quietly resigned as CEO, according to the company’s spokesperson. The company has appointed private equity investor General Altantic’s Ben Wanamaker…
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Cressey & Company Acquires HealthDrive – Health M&A
What You Should Know:
Private equity investment firm Cressey & Company LP (“Cressey”) acquires HealthDrive, a leading multi-specialty clinical services organization to patients residing in long-term care facilities, from Bain Capital Double Impact.The investment will…
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