Cotiviti Announces Recapitalization with KKR and Veritas Capital

Cotiviti Announces Recapitalization with KKR and Veritas Capital

Cotiviti announced that it has entered into a definitive agreement to recapitalize the business with affiliates of its long-standing partner Veritas Capital and investment funds managed by KKR. Cotiviti is a healthcare analytics company based in Wilton, Connecticut. The company also supports the retail industry with data management and recovery audit services that improve business outcomes. Veritas Capital is a private equity firm which invests in companies that provide critical products and services, primarily technology and technology-enabled solutions to the aerospace and defense, healthcare, technology, communications, energy and education industries. KKR is a leading global investment... Read More »
TruDoc Healthcare Acquires Wellthy Therapeutics

TruDoc Healthcare Acquires Wellthy Therapeutics

TruDoc Healthcare announced that it has acquired Mumbai, India-based Wellthy Therapeutics, Asia’s leading clinically validated chronic disease management platform.  Founded in 2011 in the United Arab Emirates, TruDoc is a telehealth and virtual care provider, including virtual clinics and hospitalist programs for telemonitoring for acute and chronic care. Private equity firm Pulsar Capital acquired a majority stake in TruDoc in September 2023.  The integration of Wellthy Therapeutics’ behavioral science and digital therapeutic solutions with TruDoc’s virtual and in-home healthcare services ensures round-the-clock access to high-quality care, tailored treatment plans and... Read More »
Hamilton Beach Health Acquires RPM Company HealthBeacon

Hamilton Beach Health Acquires RPM Company HealthBeacon

Hamilton Beach Brands Holding Company announced that its Hamilton Beach Health subsidiary has acquired HealthBeacon, which has been a strategic partner of Hamilton Beach Health since 2021. The two companies had previously entered an exclusive multiyear agreement for Hamilton Beach Health to market and distribute HealthBeacon’s primary product in the United States.  HealthBeacon develops connected devices that enable patients with chronic conditions to manage their injectable medication regimens at home and provides other health services. Founded in 2013 in Dublin, Ireland, HealthBeacon operates in the United Kingdom, Europe, North America and Australia. Its revenue model is... Read More »
Aquiline Capital Partners Makes Majority Investment in Health Prime International

Aquiline Capital Partners Makes Majority Investment in Health Prime International

Aquiline Capital Partners announced that it has made a majority investment in Health Prime International, headquartered in National Harbor, Maryland.  Health Prime International provides practice management and revenue cycle management (RCM) solutions to medical practices across the United States. Founded in 2004, Health Prime provides RCM solutions to more than 800 clients across 50 specialties.  Aquiline Capital Partners is a private equity firm that invests in businesses across the globe. It has more than $10 billion in assets under management, with a focus on investing in companies across the financial services and technology, healthcare and business services... Read More »
N. Harris Computer Corporation Acquires 2 RCM Companies

N. Harris Computer Corporation Acquires 2 RCM Companies

N. Harris Computer Corporation, a subsidiary of Constellation Software Inc., announced that it is acquiring two revenue cycle management (RCM) providers in California: Pacific Medical Management Services and Whittier Medical Management Associates.  Pacific Medical Management Services is an RCM company based in Torrance, California. The company’s offerings create end-to-end RCM services for the ambulatory market that ensure timely and optimal compensation for healthcare services. The services are designed to accelerate the posting of payments and lower the potential denial of claims.  Whittier Medical Management Associates is a medical billing and practice management... Read More »
Sciensus Acquires Cancer Patient Support Tool Vinehealth

Sciensus Acquires Cancer Patient Support Tool Vinehealth

Sciensus announced that it has reached an agreement to acquire Vinehealth, a market-leading cancer patient and physician support tool. The addition of Vinehealth further expands Sciensus’s digital platform. Vinehealth is a cancer support app that empowers cancer patients by enabling them to track, manage and understand their symptoms. The platform creates valuable connectivity with clinical stakeholders, generating actionable insights to optimize clinical decision-making and treatment management. Sciensus is a pharmaceutical services business established in 1992. The company manages the complex medicine needs of more than 250,000 chronic, rare and cancer patients in the United Kingdom and... Read More »