South Bend Medical Foundation Acquires ChartPro
On April 29, South Bend Medical Foundation (SBMF) announced that it acquired ChartPro. ChartPro is a medical records administration business based in Atlanta with an electronic health record (EHR) platform. SBMF provides pathology and blood services out of three locations in the South Bend, Indiana MSA. According to its website, there are 18 pathologists on staff and a total of 140 employees. The acquisition strengthens SBMF by diversifying its healthcare services, specifically expanding its capabilities managing EHR. The financial terms were not disclosed. ChartPro will retain its name, and there will be no impact on the 30 to 40 employees working for the... Read More »
CardioOne Bolsters Cardiology Care With CardioDiagnostics Acquisition
CardioOne announced on April 24 the acquisition of CardioDiagnostics, an advanced cardiac monitoring platform. CardioDiagnostics is a provider of advanced cardiac monitoring solutions, specializing in electrocardiogram and remote patient monitoring (RPM) technologies. CardioDiagnostics empowers healthcare providers with real-time insights to enhance early detection, improve patient outcomes and drive innovation in cardiovascular care. The company is based in Wilmington, Delaware. CardioOne is a growth and operational partner that offers technology and administrative support to independent cardiologists. “For me, this journey is deeply personal,” said Ziad Sankari, Founder and... Read More »
Carenet Health Picks Up Healthcare Engagement Company Balto Health Services
Carenet Health has announced the acquisition of Balto Health Services, a healthcare engagement provider with operations in the United States and El Salvador. Balto’s capabilities include bilingual patient and member engagement. The company is headquartered in Biloxi, Mississippi. Carenet Health provides healthcare engagement services and 24/7 access to medical care by arranging transportation, organizing home health support and equipment, and explaining the benefits of exams and immunizations. It is headquartered in San Antonio, Texas, with additional office locations in New Mexico, Maine and the Philippines. With the addition of Balto, Carenet will bolster its ability to deliver... Read More »
PE-Backed Activated Insights Buys Patient Engagement Company WeCare Connect
Activated Insights announced that it has acquired WeCare Connect, a Frankenmuth, Michigan-based provider of patient engagement services. The deal was announced on April 9, 2025. WeCare Connect provides communication solutions for long-term and post-acute care organizations. Its platform improves communication between caregivers, families and care providers, fostering engagement and transparency. WeCare Connect currently serves more than 1,300 facilities, with a focus on continuing care retirement communities and not-for-profit senior care organizations. Activated Insights (formerly known as Home Care Pulse) is a provider of recruitment, training, retention and experience management... Read More »
Bain Capital Acquires HealthEdge: Private Equity Giant Expands Healthcare IT Portfolio
Bain Capital has agreed to acquire HealthEdge, a healthcare IT solutions provider, from Blackstone. The transaction, announced on April 8, 2025, is expected to close during the second quarter of 2025, subject to customary closing conditions. The deal is valued at approximately $2.6 billion including debt, representing a 30x multiple of HealthEdge’s $86 million EBITDA. This acquisition aligns with Bain Capital’s strategic focus on healthcare IT investments and marks a successful exit for Blackstone, which acquired HealthEdge in 2020 for approximately $700 million. About HealthEdge HealthEdge provides healthcare IT solutions, including Core Administrative Processing Systems... Read More »Schedule a demo
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