August Equity-Backed OneTouch Acquires OnePlan

August Equity-Backed OneTouch Acquires OnePlan

OneTouch Health, backed by U.K.-based private equity firm August Equity, announced on June 4 that it acquired OnePlan. U.K.-based OnePlan specializes in care management software for care providers. OnePlan’s care management software has a user-friendly interface and comprehensive functionality, allowing care teams to plan for, manage and monitor care delivery with ease. The platform enhances communication among care providers and enables all stakeholders to stay informed and aligned in their efforts to deliver high-quality care. Based in Ireland, OneTouch Health offers a care management system that allows providers to effectively manage all aspects of their business, from scheduling... Read More »
Spain-Based Mediktor Expands U.S. Footprint With Acquisition of Sensely

Spain-Based Mediktor Expands U.S. Footprint With Acquisition of Sensely

Mediktor, a Spain-based digital healthcare company, has announced the acquisition of Sensely, based in San Francisco, California. According to data captured in the LevinPro HC database, this acquisition represents the 99th eHealth transaction of 2024, and the 11th in the patient engagement specialty. Sensely is a digital healthcare provider that pioneered an empathy-driven conversation platform to support hospital systems and insurance services with member engagement. Mediktor offers a clinically validated artificial intelligence (AI)-based medical assistant for triage and pre-diagnosis that guides patients to the right level of care at the right time. MTIP, a Swiss-based private equity... Read More »
Centivo Acquires Virtual Primary Care Provider Eden Health

Centivo Acquires Virtual Primary Care Provider Eden Health

Centivo announced on May 20 the acquisition of Eden Health, an employer-centered virtual-first medical provider. Through this acquisition, Centivo now serves more than 160 employers ranging from Fortune 100 companies to small businesses, with market reach in all 50 states to remove barriers to healthcare. Eden Health unites primary care, mental health support and care navigation under a collaborative care model to simplify the complexity that patients typically face. Eden works directly with employer groups and health plans to provide best-in-class, 24/7 virtual and in-person care. Founded in 2017, Centivo offers a digital health plan aimed at self-funded employers looking to provide... Read More »
Avel eCare Bolsters Telemedicine Offerings With Horizon Virtual Deal

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 

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 

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 »