What You Should Know:
- Private equity firm BVP Forge has completed a strategic investment in Medisolv, a healthcare quality data measurement and reporting solution, to accelerate its growth. BVP Forge will also provide Medisolv access to the growth IP, talent network, and resources of Bessemer Venture Partners.
- Medisolv was founded in 1999 with the idea that software can unlock the intelligence buried in the chaos of healthcare data. Medisolv will benefit from ForgeEdge™, BVP Forge’s business-building program, as it scales its customer acquisition efforts, invests more behind customer success, and increases product investments to expand its footprint within the healthcare provider and payer end-markets.
- Dr. Butt remains a significant shareholder and will continue to serve as CEO of the company.