H.I.G. Capital Completes GetixHealth Acquisition

H.I.G. Capital Completes GetixHealth Acquisition

An affiliate of H.I.G. Capital announced on April 7 that it has completed a strategic investment in GetixHealth. GetixHealth is a Texas-based provider of revenue cycle management (RCM) solutions to healthcare providers, featuring a comprehensive suite of services that includes patient responsibility management, eligibility and enrollment, third-party claims resolution, patient access and insurance billing. The company was founded in 1992. Trivest Partners, a Florida-based private equity firm, acquired GetixHealth in March 2015. H.I.G. Capital is a global private equity and alternative assets investment firm with $68 billion in capital under management. Since its founding in 1993, H.I.G.... Read More »
AvaSure Buys Wisconsin Startup Nurse Disrupted

AvaSure Buys Wisconsin Startup Nurse Disrupted

AvaSure announced on March 31 the acquisition of Madison, Wisconsin-based startup Nurse Disrupted for an undisclosed price. Nurse Disrupted is a nurse-led virtual nursing software company that creates telehealth programs for virtual nursing in hospitals and homeless shelters. AvaSure is an intelligent virtual care platform that healthcare providers use to engage with patients, optimize staffing and seamlessly blend remote and in-person care at scale. AvaSure is based in Belmont, Michigan. According to the original deal press release, this marks AvaSure’s second acquisition in nine months, following the purchase of Ouva’s smart room AI technology. Additionally, Tufts Medical Center will... Read More »
DispatchHealth and Medically Home to Merge 

DispatchHealth and Medically Home to Merge 

On March 17, it was announced that DispatchHealth and Medically Home entered into an agreement to merge. Once the deal closes, Medically Home will become part of DispatchHealth.   Medically Home is a technology-enabled services company that provides the clinical intellectual property, technology platform and coordination of acute rapid-response services. This allows medical providers to shift advanced medical care from hospitals to patients’ homes.  DispatchHealth provides on-demand acute care and an advanced level of medical care for people of all ages in the comfort of their own homes. The company works closely with payers, providers, health systems, EMS, employer groups... Read More »
EvidenceCare Acquires Agathos in Second Transaction

EvidenceCare Acquires Agathos in Second Transaction

Brentwood, Tennessee-based EvidenceCare announced that it has acquired Agathos in Boulder, Colorado. The purchase price was not disclosed. Agathos is a healthcare IT and physician analytics company. Its mission is to organize health data, generate care insights and improve patient outcomes. EvidenceCare is the leading clinical decision support system with an electronic health record-integrated platform that optimizes clinician workflows to deliver better patient care, reduce hospital costs and capture more revenue. This marks EvidenceCare’s second acquisition in its history. The company also acquired Healthcare Value Analytics in 2021. That deal was how EvidenceCare was introduced to... Read More »
ModMed Announces Significant Majority Growth Investment from Clearlake Capital

ModMed Announces Significant Majority Growth Investment from Clearlake Capital

ModMed announced that it has received a significant majority growth investment from Clearlake Capital Group, L.P. The buyout values the company at $5.3 billion, including debt. ModMed empowers medical practices to grow and scale by delivering better patient experiences with cloud, data and AI technologies. Leveraging extensive clinical data sets, the company designs software solutions to simplify, automate and streamline clinical workflows and drive practice efficiency. With specialty-specific electronic health records, practice management, revenue cycle management and analytics solutions, as well as products for patient engagement, payment processing and marketing, ModMed is trusted by... Read More »
CareCloud Rekindles M&A Efforts with MesaBilling Acquisition

CareCloud Rekindles M&A Efforts with MesaBilling Acquisition

After a brief pause in deal making, CareCloud, Inc. is back in buying mode with an acquisition in the revenue cycle management (RCM) space. CareCloud announced the successful purchase of Mesa, LLC, doing business as MesaBilling, marking its first acquisition since Q2 2021. MesaBilling is a Brookfield, Wisconsin-based company that is focused on making medical billing easier. The company reports financial, insurance carrier and patient claim information. CareCloud is a publicly traded American healthcare information technology company that provides services to healthcare providers and hospitals. CareCloud’s suite of technology-enabled solutions helps clients increase financial and... Read More »