Provident Healthcare Partners Advises Quest Health Solutions in Partnership

Provident Healthcare Partners Advises Quest Health Solutions in Partnership

Provident Healthcare Partners, a Boston, Massachusetts-based healthcare investment banking firm, announced on July 18 that it had advised Quest Health Solutions in its partnership with Sumitomo Corporation of Americas (SCOA). Quest Health Solutions was founded in 2017 to provide medical supplies to patients with chronic illnesses. The company is headquartered in Coral Springs, Florida, and is a leading provider of continuous glucose monitors (CGM), remote patient monitoring (RPM) services and other medical supplies to diabetic patients. Established in 1952 and headquartered in New York City, SCOA has nine offices in major U.S. cities. SCOA is the largest subsidiary of Sumitomo Corporation,... Read More »
Med-Metrix Announces the Acquisition of RCM Provider HRSI

Med-Metrix Announces the Acquisition of RCM Provider HRSI

Med-Metrix, LLC, backed by Greenwich, Connecticut-based private equity firm A&M Capital Partners, announced it has acquired Healthcare Receivable Specialists, Inc. (HRSI). HRSI is a specialized revenue cycle management (RCM) and patient access company providing a comprehensive suite of technology-enabled eligibility management services. The company was founded in 1997 and is based in Newtown, Pennsylvania. Med-Metrix is a leading technology-enabled services platform providing RCM and business intelligence solutions for health systems and physician groups across the United States. The company serves its customers through its Med-Metrix LLC, Medi-Centrix LLC, Physician Advisor On-Call,... Read More »
Uwill Acquires College Mental Health Startup Virtual Care Group

Uwill Acquires College Mental Health Startup Virtual Care Group

Natick, Massachusetts-based Uwill announced that it has acquired Virtual Care Group, a student-focused telehealth and wellness support platform. Based in Los Angeles, Virtual Care Group offers a platform that pairs providers with students, college faculty and staff who need support for their well-being and mental and physical health. The platform is currently implemented at more than 100 colleges. Uwill is a mental health platform for colleges and students. Uwill partners with colleges to offer students on-demand virtual access to licensed therapists and providers trained in crisis counseling. Students can also attend online wellness events through the company’s mental health and... Read More »
Provident Healthcare Partners Advises Quest Health Solutions in Partnership

SAIGroup Picks up Patient Engagement Provider Get Well

SAIGroup announced on July 9 the acquisition of Get Well, a Bethesda, Maryland-based provider of digital patient engagement. Get Well’s digital engagement tools connect patients to the information they need, when they need it, providing scalable operational efficiencies to hospitals, health systems, payers and other risk-bearing entities. Get Well currently facilitates more than 10 million patient interactions annually across more than 1,000 healthcare organizations. Founded in 2017, SAIGroup is a private equity firm based in Palo Alto, California. The firm focuses on artificial intelligence software companies. SAIGroup seeks majority acquisitions of software, data, analytics and... Read More »
Provident Healthcare Partners Advises Quest Health Solutions in Partnership

Health Catalyst Adds Quarvis Health to Investment Portfolio

Health Catalyst announced at the start of July 2024 that it has added Quarvis Health, Inc. to its portfolio of digital health investments. Quarvis Health is a healthcare technology platform that virtually connects both the aging population and employees/health plan members to their health needs through AI-enabled text-based chat and voice-enabled devices. Quarvis offers a comprehensive solution to engage and navigate users to existing, underutilized benefits, reducing distress and improving behavioral health access and overall well-being. Quarvis Health was formed by the merger of HCC portfolio company Sibly, Inc. with Health4Home, LLC, d/b/a HandsFree Health, also announced in July 2024.... Read More »
Google Set to Acquire Home Healthcare App CareClic247

Google Set to Acquire Home Healthcare App CareClic247

Google announced on July 2 that it is set to acquire CareClic247, a prominent home healthcare app. The addition of CareClic247 amplifies Google’s healthcare portfolio and complements Google’s existing healthcare technologies.  CareClic247 has developed an app that connects medical and non-medical, in-home caregivers for physically and mentally impaired seniors. The app can send a doctor, nurse or a caregiver to a patient’s home 24/7 on demand.  Google focuses on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics and artificial intelligence. Google’s parent company is Alphabet Inc.... Read More »