Avel eCare Bolsters Telemedicine Offerings With Horizon Virtual Deal
Avel eCare continues to expand its nationwide leadership in telemedicine with the acquisition of Horizon Virtual. The deal marks Avel’s third acquisition since January 2023 as the company continues its aggressive growth strategy into 2024. Horizon Virtual is a Minnesota-based virtual hospitalist services provider offering telehealth admission and telemedicine coverage to hospital patients. Avel eCare offers one of the largest and most comprehensive virtual health networks in the world. Since 1993, Avel physicians and clinicians have partnered with more than 650 healthcare systems, rural hospitals, outpatient clinics, long-term care facilities, schools and correctional facilities... Read More »
Gauge Capital Acquires Lucent Health
Cain Brothers, a division of KeyBanc Capital Markets, announced that it served as exclusive financial advisor to Lucent Health Solutions in its acquisition by Gauge Capital. Lucent Health Solutions is a leading third-party administrator serving the self-insured employer market, with a fully integrated care management solution. It was previously backed by NaviMed Capital, which acted as the seller in this transaction. Gauge Capital is a private equity firm specializing in management buyouts, recapitalizations, divestitures, privatization, consolidation and growth investments in middle-market companies. Gauge invests in five key sectors: business services, food and... Read More »
Vista Equity Partners Acquires Model N for $1.25 Billion
On April 8, Vista Equity Partners, a private equity firm based in Austin, Texas, announced that it acquired Model N. Under the terms of the agreement, Vista will acquire all the outstanding shares of Model N common stock for $30.00 per share in an all-cash transaction valued at approximately $1.25 billion. Model N is a leader in revenue optimization and compliance for pharmaceutical, medtech and high-tech innovators. It is based in San Mateo, California and has additional locations in Tennessee, Colorado and Delaware as well as India and Switzerland. Vista Equity Partners has more than $101 billion in cumulative capital commitments, as of September 2023. It invests in the... Read More »
Syllable Announces Purchase of Actium Health
Syllable announced its purchase of Actium Health, which will operate as a division of Syllable following completion. Actium Health provides consumer engagement utilizing health-system data intelligence. Its solutions help health systems drive patient volume by accelerating inbounding patients’ access to care through care navigation and identifying the most valuable and highest-risk patients for outreach. Syllable is a healthcare services company powered by artificial intelligence. Syllable helps patients gain access to primary care, specialty care and emergency care. Syllable also helps patients gain access to their medical record, assists with prescription refills and vaccinations.... Read More »
Access Information Management Purchases Triyam
Access Information Management announced this week that it has acquired Triyam, accelerating its entry into the electronic health record (EHR) and archival digital records management markets. Triyam helps hospitals, health systems and clinics by extracting and archiving historical patient data from legacy EHR and billing systems. The company is headquartered in Lexington, Kentucky and was founded in 2011. Access Information Management is a partner for organizations seeking effective records and information management services. The Peabody, Massachusetts-based company provides records management storage and destruction services for hardcopy and electronic records. Access serves... Read More »Schedule a demo
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