Verisma and ScanSTAT Announce Merger

Verisma and ScanSTAT Announce Merger

Verisma Systems, a portfolio company of private equity firm NewSpring Capital, and ScanSTAT announced a merger of the two companies, creating a new market leader in Release of Information (ROI). NewSpring Healthcare, NewSpring’s healthcare strategy and an existing investor in Verisma, provided funding to facilitate the transaction. Guggenheim Securities, LLC acted as exclusive financial advisor to ScanSTAT. Financial terms of the deal were not disclosed. ScanSTAT Technologies is a medical records release and disclosure management company. ScanSTAT specializes in ROI solutions for physician groups, ambulatory services, health systems and hospitals with expanded health information management... Read More »
Alpine Investors Acquires RCM Provider Medusind

Alpine Investors Acquires RCM Provider Medusind

Private equity firm Alpine Investors has acquired Medusind, a leading provider of technology solutions and revenue cycle management (RCM) services to physicians and clients in the healthcare industry. Monroe Capital LLC acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition. Founded in 2002 and based in Miami, Florida, Medusind provides expertise and RCM solutions to dental, anesthesia, pathology, emergency, surgery, radiology and other specialties. Alpine Investors has raised more than $900 million of committed capital and invested in more than 50 companies since its launch in 2001. According to data captured in the... Read More »
Cosmos Health Enters U.S. Telehealth Space with Acquisition of ZipDoctor

Cosmos Health Enters U.S. Telehealth Space with Acquisition of ZipDoctor

Cosmos Health Inc. has completed the acquisition of ZipDoctor, Inc. from American International Holdings Corp. The financial terms of the acquisition were not disclosed. ZipDoctor is a direct-to-consumer subscription-based telemedicine platform that provides customers 24/7 access to board-certified physicians and licensed mental and behavioral health counselors and therapists. Founded in 2009, Cosmos Health is a Chicago-based global healthcare group. The company has proprietary lines of nutraceuticals and distributes pharmaceuticals, branded generics, OTC medications and medical devices. According to data captured in the LevinPro HC database, this acquisition represents the 73rd eHealth... Read More »
SonderMind Acquires Mindstrong’s Tech Assets

SonderMind Acquires Mindstrong’s Tech Assets

SonderMind, a Denver, Colorado-based digital mental health company, is acquiring Mindstrong’s remaining technology assets in a deal that will end the latter company’s six-year run in the mental health space. Mindstrong stopped providing service to patients on March 10 and closed its Menlo Park, California headquarters. SonderMind will hire approximately 20 of Mindstrong’s employees. Financial terms of the deal were not disclosed. Mindstrong was founded in 2017 as a company that would use biomarkers to detect mental health conditions. The company eventually shifted to treating mental health through smartphone-based therapy and other services. Founded in 2014, SonderMind is... Read More »
Maven Clinic Acquires Women’s Healthcare Platform Naytal

Maven Clinic Acquires Women’s Healthcare Platform Naytal

Maven Clinic has announced its acquisition of London-based digital health company Naytal to accelerate its expansion in the United Kingdom and throughout Europe. The acquisition of Naytal will enhance Maven Clinic’s ability to serve its membership in the UK. Terms of the deal were not disclosed. Naytal provides on-demand access to women’s and family health experts to support reproductive healthcare needs, from fertility and pregnancy to postpartum care and menopause. The company was founded in 2021 as the first platform in the UK to offer on-demand access to perinatal psychologists, and has since expanded its healthcare provider network to more than 25 specialties. Maven Clinic... Read More »
Enhanced Healthcare Partners Makes a Growth Investment in Janus Health

Enhanced Healthcare Partners Makes a Growth Investment in Janus Health

New York-based Enhanced Healthcare Partners (EHP) has made a strategic growth investment in Janus Health. Janus Health intends to use the investment for rapid market expansion, product development and go-to-market initiatives. Terms of the deal were not disclosed. Janus Health is a Chicago-based provider of healthcare revenue cycle management (RCM) technology. The company helps health systems and revenue cycle service companies understand, optimize and automate RCM workflow processes. Over the past 12 months, Janus has completed more than 500 million process events and automated more than 40 million transactions. EHP is a healthcare-focused private equity firm committed to partnering with... Read More »