Vista Equity Partners Acquires Model N for $1.25 Billion
On April 8, Vista Equity Partners, a private equity firm based in Austin, Texas, announced that it acquired Model N. Under the terms of the agreement, Vista will acquire all the outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion. Model N is a leader in revenue optimization and compliance for pharmaceutical, medtech and high-tech innovators. It is based in San Mateo, California and has additional locations in Tennessee, Colorado and Delaware as well as India and Switzerland. Vista Equity Partners has more than $101 billion in cumulative capital commitments, as of September 2023. It invests in the... Read More »
Syllable Announces Purchase of Actium Health
Syllable announced its purchase of Actium Health, which will operate as a division of Syllable following completion. Actium Health provides consumer engagement utilizing health-system data intelligence. Its solutions help health systems drive patient volume by accelerating inbounding patients’ access to care through care navigation and identifying the most valuable and highest-risk patients for outreach. Syllable is a healthcare services company powered by artificial intelligence. Syllable helps patients gain access to primary care, specialty care and emergency care. Syllable also helps patients gain access to their medical record, assists with prescription refills and vaccinations.... Read More »
Access Information Management Purchases Triyam
Access Information Management announced this week that it has acquired Triyam, accelerating its entry into the electronic health record (EHR) and archival digital records management markets. Triyam helps hospitals, health systems and clinics by extracting and archiving historical patient data from legacy EHR and billing systems. The company is headquartered in Lexington, Kentucky and was founded in 2011. Access Information Management is a partner for organizations seeking effective records and information management services. The Peabody, Massachusetts-based company provides records management storage and destruction services for hardcopy and electronic records. Access serves... Read More »
Kayne Anderson Acquires Telehealth Platform TeleMed2U
Kayne Anderson announced that it is acquiring a majority share of TeleMed2U through Kayne Anderson Growth Capital, its dedicated growth capital strategy. TeleMed2U is a leading provider of telemedicine solutions, based in Roseville, California. With more than 275 specialist care providers, TeleMed2U’s suite of telemedicine services engages patients across the healthcare continuum, offering outpatient care, inpatient services and asynchronous telemedicine across 20 specialties, including Behavioral Health, Endocrinology, Rheumatology, Infectious Diseases, Dermatology and more, regardless of the patient’s geographic location. Founded in 1984, Kayne Anderson Capital... Read More »
Private Equity Firm Frazier Healthcare Partners Picks Up RevSpring
Healthcare-focused private equity firm Frazier Healthcare Partners announced on March 12 the completion of its acquisition of RevSpring from Chicago, Illinois-based GTCR. Frazier is joined in the transaction by NEA, 22C Capital and RevSpring’s senior leadership team. RevSpring offers physical and electronic invoices, consumer payment portals, data cleansing solutions and analytics tools. It serves a client base of approximately 2,000 health systems and hospitals, revenue cycle management (RCM) providers and financial services organizations. The company was originally acquired by GTCR in November 2016. Frazier Healthcare Partners is a provider of growth capital to healthcare... Read More »Schedule a demo
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