PSG Acquires Loopback Analytics
PSG, a growth equity firm, announced on June 8 that it acquired Loopback Analytics. According to data captured from the LevinPro HC database, this transaction marks the 128th eHealth acquisition of 2023, and the 21st in the analytics specialty. Founded in 2009, Loopback Analytics is a leading provider of data analytics and insights that simplify understanding, access and innovation for patients requiring specialty care. According to its website, Loopback serves more than 40 health system clients, more than 250 hospitals and millions of patients nationwide. PSG partners with middle-market software and technology-enabled service companies to help them navigate transformational growth,... Read More »
PSG-Backed DoseSpot Acquires pVerify
DoseSpot, backed by growth equity firm PSG, announced on June 7 it has acquired pVerify for an undisclosed price. According to data captured in the LevinPro HC database, this acquisition marks the 123rd eHealth transaction of 2023. pVerify’s solution streamlines the front-end patient eligibility verification process, helps patients access necessary care and aims to reduce overall healthcare costs. The company was founded in 2006. DoseSpot provides e-prescription software, enabling clinicians to write and transmit prescriptions to pharmacies electronically. The DoseSpot solution eases the administrative burden of the prescription life cycle by integrating with electronic medical... Read More »
Doctor Care Anywhere Sells GP2U Telehealth to My Emergency Doctor
Doctor Care Anywhere Group (DCA) announced this week that it is selling GP2U Telehealth to My Emergency Doctor. GP2U Telehealth is an Australian provider of virtual GP services through the brand GP2U and tele-mental health services through the Psych2U brand. DCA acquired GP2U Telehealth in September 2021, a year after GP2U went public in Australia. Founded in 2016, My Emergency Doctor provides acute care after hours via video and phone across regional Australia. The company has partnerships with more than 40 healthcare services, including ambulances, primary health networks, residential aged care facilities, hospitals, urgent care centers and multi-purpose centers. DCA said it... Read More »
Rology Acquires Arkan United
Rology announced on June 5 that it acquired Arkan United. The financial terms of the acquisition were not disclosed. Arkan United is an advanced teleradiology provider based in Jeddah, Saudi Arabia. Its services include CT scans, MRIs, X-rays, ultrasounds, mammograms and nuclear medicine. Arkan provides around the clock care. The company was founded in 2020. Rology was founded in 2017 as an on-demand teleradiology platform that connects hospitals and other healthcare providers with remote and readily available radiologists. It is based in Cairo. This acquisition allows Rology to accelerate its mission of bringing the latest innovations in teleradiology to healthcare providers... Read More »
Medusind Acquires AVA Billing & Consulting
Lightning Step announced on June 1 that it was divesting AVA Billing & Consulting to Medusind, a portfolio company of San Francisco-based private equity firm Alpine Investors. The financial terms of the acquisition were not disclosed. AVA Billing & Consulting is a revenue cycle management (RCM) company that’s based in Costa Mesa, California. In 2019, it was bought by Lightning Step, a provider of enterprise behavioral healthcare software solutions. Under Lightning Step’s ownership, AVA evolved into an industry-leading full-service RCM solution trusted by many behavioral healthcare facilities and treatment providers nationwide. Medusind Solutions provides comprehensive... Read More »Schedule a demo
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