InTandem Capital Partners, LLC, a healthcare services-focused private equity firm, announced that it has completed a strategic equity investment in Milwaukee, Wisconsin-based Healthfuse.
Founded in 2011, Healthfuse combines proprietary technology, analytics and research to help hospitals build, operate and optimize their revenue cycle vendor management office and guarantees bottom-line improvement. Healthfuse has delivered more than $1.5 billion in bottom-line improvements for its clients, which includes a network of more than 350 hospitals nationwide.
New York-based InTandem Capital Partners invests in and helps accelerate the growth of small to mid-sized companies in select healthcare services sectors.
Goodwin Procter served as legal counsel to InTandem Capital, and TripleTree served as the firm’s exclusive financial advisor. Cantor Fitzgerald & Co. served as Healthfuse’s exclusive sell-side financial advisor and Bass, Berry & Sims served as its legal counsel. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this acquisition represents the 26th eHealth transaction of 2025, and the fourth in the revenue cycle management (RCM) specialty. There were 36 RCM deals announced in 2024, 55 announced in 2023 and 66 announced in 2022.
