PE-Backed WellSky Acquires Experience Care
WellSky, a portfolio company of TPG Capital and Leonard Green & Partners, announced on August 23 its acquisition of Experience Care. Experience Care is a technology company offering a suite of software solutions for post-acute and long-term care providers. The company’s electronic health record (EHR) platform NetSolutions serves 150 long-term care clients with 850 facilities. It is based in Austin, Texas. WellSky provides software solutions for more than 20,000 client sites — including hospital systems, blood banks, cell therapy labs, home health and hospice franchises, post-acute providers, government agencies and human services organizations. With the addition... Read More »
Youme Healthcare Acquires Online Therapy Startup Hurdle Health
Baltimore-based startup Youme Healthcare has acquired fellow startup Hurdle Health for an undisclosed price. According to data captured in the LevinPro HC database, this acquisition represents the 184th eHealth transaction of 2023, including 36 in the telehealth specialty. Founded in 2018, Hurdle Health is a Washington, D.C.-based company that provides culturally intentional online mental health support to people of color. Since its inception, Hurdle Health has raised more than $5 million in venture capital funding. Youme Healthcare is a Baltimore-based healthcare practice focused on child, teen and family behavioral and mental health, including cognitive talk therapy and medication... Read More »
Software Firm, Waystar, to Go Public
Waystar Inc, a portfolio company of EQT, CPPIB and Bain Capital, is, reportedly, moving towards an initial public offering (IPO) that values the company at $8 billion, as of August 21. Waystar is the combination of Navicure and ZirMed, two leading revenue cycle management companies. It supports more than 450,000 providers, 750 health systems and hospitals and 5,000 payers and health plans. EQT, CPPIB and Bain Capital have hired Goldman Sachs Group Inc. and J.P. Morgan Chase & Co. to guide the company through the process, according to reporting done by Reuters. Contingent upon market conditions and regulations, the IPO is expected to materialize later in 2023 or early in... Read More »
London-Based Doccla Acquires OpenTeleHealth
Doccla, a London-based provider of digital healthcare services, has announced the acquisition of OpenTeleHealth for an undisclosed price. According to data captured in the LevinPro HC database, this transaction marks the 182nd eHealth acquisition of 2023, and the 36th in the telehealth subsector. OpenTelehealth is a universal cloud-based remote patient monitoring platform that enables patients to measure health data at home, using an app and a wide range of medical measurement devices. Doctors can view patient data on a web portal. Founded in 2019, Doccla provides remote patient monitoring solutions to analyze patients’ acute or chronic conditions based on patient readings and... Read More »
PE-Backed UnisLink Acquires AQREVA and Doctors’ Resource Specialists
UnisLink, a portfolio company of Boston-based private equity firm Riverside Partners, has announced the acquisition of AQREVA and Doctors’ Resource Specialists (DRS). This strategic acquisition strengthens UnisLink’s position as a comprehensive provider of revenue cycle management (RCM) solutions and expands the company’s geographic reach. Based in Sioux Falls, South Dakota, AQREVA is a professional services company offering comprehensive medical billing and RCM related services. DRS is a medical billing, medical coding and reimbursement consulting company based in Phoenix, Arizona. UnisLink is a national leader in RCM and population health management services for... Read More »Schedule a demo
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