Sagility Acquires Arizona-Based BroadPath Healthcare Solutions
Westminster, Colorado-based Sagility announced its acquisition of BroadPath Healthcare Solutions, headquartered in Tucson, Arizona. The acquisition aligns with Sagility’s strategy to diversify its client base and add new capabilities to its services portfolio. BroadPath Healthcare Solutions is a healthcare-focused services company. BroadPath operates a work-from-home delivery model with more than 1600 employees located across the United States and Philippines. Its service portfolio includes member engagement, member acquisition, claims and appeals administration, provider enrollment and credentialing. Sagility is a leading provider of technology-enabled business process management... Read More »
Iris Telehealth Expands Telepsychiatry Services With InnovaTel Acquisition
Iris Telehealth announced on January 21 the acquisition of InnovaTel, a division of Quartet Health. Financial terms of the deal were not disclosed. InnovaTel is a clinically-led mental health as a service platform dedicated to improving mental health outcomes for individuals and communities by providing timely access to a national network of qualified psychiatrists, psychiatric nurse practitioners and licensed clinical social workers. InnovaTel by Quartet Health is backed by private equity firm Canyon Healthcare Partners. Iris Telehealth helps healthcare organizations increase access to behavioral health care for their patients by providing the care models, clinicians, analytics and... Read More »
InTandem Capital Completes Strategic Investment in Healthfuse
InTandem Capital Partners, LLC, a healthcare services-focused private equity firm, announced that it has completed a strategic equity investment in Milwaukee, Wisconsin-based Healthfuse. Founded in 2011, Healthfuse combines proprietary technology, analytics and research to help hospitals build, operate and optimize their revenue cycle vendor management office and guarantees bottom-line improvement. Healthfuse has delivered more than $1.5 billion in bottom-line improvements for its clients, which includes a network of more than 350 hospitals nationwide. New York-based InTandem Capital Partners invests in and helps accelerate the growth of small to mid-sized companies in select healthcare... Read More »
New Mountain Capital Makes Growth Investment in Access Healthcare
Dallas, Texas-based Access Healthcare has announced a strategic investment from affiliates of private equity firm New Mountain Capital. This investment will support Access Healthcare’s next phase of growth, focusing on advancing its capabilities in artificial intelligence, workflow automation, product development and expanding into new markets. Access Healthcare is a technology-enabled revenue cycle management (RCM) platform that helps healthcare providers and stakeholders reduce costs by improving operations across the front-end, mid-cycle and back-end of the revenue cycle. The company was founded in 2011. New Mountain Capital is a growth-oriented investment firm with more than $55... Read More »
