EXA Capital Acquires EHR Company PrecisionCare
EXA Capital has announced the acquisition of PrecisionCare for an undisclosed price. This acquisition strengthens EXA Capital’s presence in the healthcare technology sector and expands its portfolio into the space of care management solutions. Founded in New York in 1999, PrecisionCare provides a SaaS platform specializing in electronic health records (EHR) and care management solutions for the behavioral health and long-term care industries. EXA Capital is a long-term focused acquirer and operator of software companies. Founded in 2020, EXA focuses on a buy-and-hold forever strategy for enterprise software companies. EXA Capital is committed to preserving the mission, values and... Read More »
Revco Solutions and Wakefield & Associates Announce Strategic Merger
Revco Solutions and Wakefield & Associates announced on February 19 a strategic merger between the two companies. The combined entity will operate as Revco Solutions. Established in 1933, Wakefield & Associates offers healthcare revenue cycle management (RCM) solutions to maximize revenue and streamline operations. The company is based in Aurora, Colorado. Revco Solutions, a portfolio company of Longshore Capital Partners, was formed through the merger of Professional Recovery Consultants and Credit Bureau Collection Services in 2019. The company provides RCM services across a multitude of industries. Leadership continuity has been a key focus throughout this transition. Mark... Read More »
Summer Health Acquires Caraway Health
New York City-based Summer Health announced on February 11 that it entered into an agreement to acquire Caraway Health. Caraway Health is a Gen Z-focused virtual care company that was founded in 2022. The company is focused on caring for Gen Z women’s health. It offers a wide array of mental health services, as well as physical and reproductive health, for women between the ages of 18 and 29. Summer Health is a pediatric telehealth messaging service that provides parents with access to pediatric care at any time of the day via text message. The deal will give Summer Health a new foothold in adolescence and early adult health. Financial terms of the deal were not... Read More »
Mayer Brown Advises Marlin Equity Partners on Acquisition
Chicago-based international law firm Mayer Brown announced that it has advised Marlin Equity Partners on its acquisition of EIDO Holdings Limited in Nottingham, United Kingdom. EIDO will be merged with Radar Healthcare, a Marlin Equity Partners portfolio company. Financial terms of the deal were not disclosed. EIDO Holdings Limited is a provider of digital consent and patient information solutions, specializing in creating clear, accurate and accessible content to support informed consent in healthcare. Marlin Equity Partners is a Hermosa Beach, California-based global investment firm with more than $9 billion in capital commitments. It is focused on providing corporate parents,... Read More »
Cotiviti Acquires Edifecs
On February 10, Cotiviti announced that it acquired Edifecs, Inc. for an undisclosed purchase price. Founded in 1996, Edifecs provides solutions focused on interoperability, workflows, value-based care payments and analytics in the healthcare market. The company optimizes the secure exchange and processing of administrative and clinical data, reducing the cost of meeting various regulations and automating workflows involved in multiple core processes within the healthcare ecosystem. Cotiviti provides analytics-driven payment accuracy solutions primarily focused on the healthcare industry. On a trailing 12-month basis, ending on September 30, 2024, it generated revenue of... Read More »Schedule a demo
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