What You Should Know:
– Ensemble Health Partners, Inc. (“Ensemble”), a provider of healthcare revenue cycle management solutions for hospitals and affiliated physician groups, announced it has filed to raise $649M for its initial public offering (IPO), at a valuation of $1.2B.
– Ensemble is offering 29,500,000 shares of its Class A common stock at an initial public offering price between $19 and $22 per share. It also intends to grant the underwriters a 30-day option to purchase up to an additional 4,425,000 shares of its Class A common stock.
– Ensemble has applied to list its Class A common stock under the ticker symbol “ENSB” on the Nasdaq Global Select Market.