The healthcare market underwent significant changes during the pandemic as patients rethought how they received care, including opting for more telehealth and deferred elective procedures, but patient care is now normalizing as patients return to the office. However, payers are working to reduce the cost of care to reel in healthcare costs and keep premiums lower to remain competitive, driving key changes.
Ambulatory Surgery and Home Care
Surgeries are increasingly moving away from
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Healthcare Private Equity | PE | M&A| News, Analysis, Insights
KLAS-Bain: Post-Pandemic Investment Priorities for Healthcare Providers
What You Should Know:
- Competition in the provider IT space shows no signs of abating: Early-stage capital, big tech, and scale EMR players continue crowding into more segments. This has significant implications for providers as they transition into a new disruptive period, for software players as they fine-tune go-to-market models for the current environment, and for private equity investors as they look to invest behind winning themes.
- A new report by KLAS Research and Bain &
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Bain Capital PE Makes Strategic Investment in CitiusTech
What You Should Know:
- CitiusTech, a leading provider of technology and consulting services to healthcare and life sciences companies, today announced a strategic growth investment from Bain Capital Private Equity (“Bain Capital”).
- Bain Capital joins Baring Private Equity Asia (“BPEA”), which acquired a majority stake in CitiusTech in 2019, as a significant shareholder to accelerate the Company’s growth. Financial terms of the private transaction were not disclosed.
Technology-Driven
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XpertDox Secures $1.5M to Automate Medical Coding Process
What You Should Know:
- Today, XpertDox, LLC., a Birmingham, AL-based revenue cycle company specializing in autonomous medical coding powered by artificial intelligence raises $1.5M from TN3, LLC, an Arizona based Private Equity Capital firm.
- XpertDox's XpertCoding solution harnesses the power of artificial intelligence in order to autonomously code medical claims faster, more accurately, and cheaper than traditional manual processes. XpertDox is utilizing the funding to
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CVS Health to Acquire Signify Health for $8B
What You Should Know:
- CVS Health announced it will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8B.
- Signify Health's clinicians and providers can have an even greater impact by engaging with CVS Health's unique collection of assets and connecting patients to care how and when they need it.
Advancing CVS Health’s Value-Based Care Long-Term Strategy
Signify Health is a provider of Health Risk Assessments, value-based
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Healthcare & Life Science M&A Activity Plummets 1H’22
What You Should Know:
- The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%.
- Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector.
Key Trends and
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Analysis: 2022 Semi-Annual Health IT Market Review
Executive Summary
Act III of COVID: Navigating the Crosscurrents of Post-Inflation
2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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M&A: Bain Capital Acquires Majority Stake in LeanTaaS
What You Should Know:
- Private equity firm Bain Capital has acquired a majority stake in the company in LeanTaaS, a leading provider of cloud software solutions for optimizing hospital operations and capacity management that will enable LeanTaaS to accelerate its rapid growth trajectory.
- LeanTaaS’ cloud-based iQueue solutions help hospitals transform their approach to care delivery and improve capital and scarce resource decision-making by optimizing the utilization of
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PE Firm Acquires Intelligent Medical Objects (IMO) for $1.5B+
What You Should Know:
- Thomas H. Lee Partners, a premier private equity firm investing in growth companies, announced today that it has entered into an agreement to acquire a majority interest in Intelligent Medical Objects, a healthcare data enablement company and market leader in clinical terminology solutions in a $1.5B + deal.
- Founded in 1994, IMO manages more than 5 million clinical terms and maps to all major coding systems. Its suite of software products, which is used by over
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Day 3 HIMSS Roundup: Glooko Acquires DIABNEXT, GE Healthcare/AliveCor Integration
Venture Capital, Private Equity, Mergers & Acquisitions (M&A) Activity
Glooko Acquires DIABNEXT® to Expand Diabetes Offerings in France
Glooko, a leading provider of remote patient monitoring and data management solutions for diabetes and related chronic conditions, today announced the acquisition of DIABNEXT, a Paris-based company whose digital health platform helps people with diabetes better manage their conditions and connects to their healthcare providers, so they can
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