Private multi-asset alternative investment firm Bain Capital is reportedly considering options including the potential sale of revenue cycle management (RCM) company Waystar, Bloomberg reports. In 2018, Bain rebranded RCM companies Navicure and ZirMed as Waystar after merging the two companies together in 2017. Waystar Sale Could Value Company At More Than $3BBain has started early-stage discussions about a potential sale that could value the business at more than $3 billion, according to
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Healthcare Private Equity | PE | M&A| News, Analysis, Insights
Mercom: Global Digital Health/Health IT VC Funding Tops $2B in Q1 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $2 billion in funding in Q1 2019, according to market research firm Mercom Capital. The Q1 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $2B in funding across 149 deals compared to $1.4B across 142 deals in Q4 2018. VC funding in Q1 2019 was down 19% compared to the same quarter of last year (Q1 2018) when nearly $2.5 billion was raised in 187
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Patient Access Solution Clearwave Receives Growth Equity Investment
Clearwave Corporation, an Atlanta, GA-based provider of patient access solutions via, mobile, kiosk and desktop self-service solutions has received a significant growth equity investment from Frontier Capital. Based in Charlotte, Frontier Capital’s firm is focused exclusively on software and tech-enabled business services companies.Investment FocusFrontier’s investment is intended to support Clearwave as it embarks on its next phase of innovation and growth in seeking to improve the customer
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Francisco Partners Acquires Qualcomm Life, Renames as CapsuleTech
Francisco Partners ("FP"), a Silicon Valley-based technology-focused private equity (PE) firm, today announced it has acquired Qualcomm Life, Inc. a wholly owned subsidiary of Qualcomm Incorporated that offers end-to-end medical device connectivity across the continuum of care. Financial details of the acquisition were not disclosed. Renames Qualcomm Life as CapsuleTechQualcomm Life will be separated from Qualcomm, be renamed as Capsule Technologies, Inc. ("CapsuleTech"), and continue operating
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TPG Capital to Acquire Mediware Information Systems for Undisclosed Sum
TPG Capital, the global private equity fund of leading alternative asset firm TPG has entered an agreement to acquire Mediware Information Systems, Inc. from private equity firm Thoma Bravo. Financial terms of the acquisition were not disclosed. The acquisition is expected to close during the first quarter of 2017, subject to customary closing conditions.For more than 30 years, Mediware has been a leading supplier of healthcare and human service software for the nation’s largest blood banks,
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