Blackstone Emerges as Frontrunner to Acquire AGS Health in Potential $1 Billion Deal

Blackstone Emerges as Frontrunner to Acquire AGS Health in Potential $1 Billion Deal

Blackstone Inc. is poised to acquire AGS Health, a leading revenue cycle management provider, from private equity firm EQT AB, according to sources familiar with the matter. The New York-based investment giant has outpaced other bidders, with a deal potentially valuing AGS Health at $1 billion or more expected to finalize in the coming days. AGS Health specializes in billing, coding, automation and analytics services for healthcare providers. The company serves more than 150 U.S. hospitals and health systems, employing more than 12,000 staff across its operations in the United States, India and the Philippines. Founded in Chennai, India, in 2011, AGS Health relocated its headquarters to... Read More »
Datavant Acquires Aetion to Expand RWE Platform

Datavant Acquires Aetion to Expand RWE Platform

Datavant, a portfolio company of New Mountain Capital, announced that it will acquire New York City-based Aetion. The two companies will leverage their capabilities to create an end-to-end offering on data discovery, linkage, privacy, curation and advanced analysis, allowing their ecosystem and life sciences partners to create analytics-based insights. Founded in 2013, Aetion is focused on real-world evidence (RWE) in healthcare. Aetion provides RWE offerings to biopharmaceutical companies, medical device manufacturers, payers and regulators. Datavant is a health information technology company based in Phoenix, Arizona. The company develops and maintains a digital ecosystem for the... Read More »
Blackstone Emerges as Frontrunner to Acquire AGS Health in Potential $1 Billion Deal

ENT Partners Buys RCM Firm Currence Physician Solutions

ENT Partners, a portfolio company of Boston, Massachusetts-based Candescent Partners, announced that it has acquired Seattle, Washington-based Currence Physician Solutions.  Currence Physician Solutions is focused on revenue cycle management (RCM) and financial analytics. The company offers a comprehensive suite of services that encompass all aspects of the medical billing process, including denial management, coding, patient billing, payer credentialing, collections and RCM.  ENT Partners is a leading network of ear, nose and throat and sleep providers. ENT Partners has achieved strong traction in the U.S. market and is focused on building on this momentum by rapidly scaling its... Read More »
Teladoc Health Acquires Virtual Mental Health Provider UpLift

Teladoc Health Acquires Virtual Mental Health Provider UpLift

Teladoc Health announced that it acquired UpLift in an all-cash transaction for $30 million, with up to $15 million in additional contingent earnout consideration. Headquartered in Tampa, Florida, UpLift is a tech-enabled provider of virtual mental health therapy, psychiatry and medication management services. UpLift serves the health plan market and has arrangements covering more than 100 million lives and a network of more than 1,500 mental health professionals. According to the original deal press release from April 30, 2025, UpLift’s 2024 revenue was approximately $15 million. Teladoc Health manages digital health services such as telehealth, AI and analytics. The organization delivers... Read More »
South Bend Medical Foundation Acquires ChartPro 

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 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 »