LOGEX Announces Investment from Thoma Bravo
LOGEX announced on March 1 an investment from Thoma Bravo, a leading software investment firm. LOGEX’s existing shareholders, the company’s founders and Summa Equity will remain invested with the business and will work closely with Thoma Bravo and the executive committee to support LOGEX’s European growth and further drive innovation in healthcare analytics. This marks Thoma Bravo’s inaugural investment by its European team. Jefferies LLC served as the exclusive financial advisor to LOGEX and Allen & Overy served as legal counsel. Kirkland & Ellis LLP served as legal counsel to Thoma Bravo and Harris Williams LLC served as Thoma Bravo’s exclusive... Read More »
The Transcripts: Takeaways from CVS, Teladoc, and DaVita Earnings
In our first earnings roundup, we looked at the fourth-quarter and full-year 2022 financial performance of three major publicly traded companies in the managed care market. They achieved positive operating and financial results for 2022, with some even surpassing their expectations for the year. To read more about earnings results in the managed care market, you can read that spotlight on the LevinPro HC platform here. This week, we’re looking at companies in other healthcare verticals, including retail, dialysis and eHealth. CVS Health Corporation, Teladoc Health, Inc. and DaVita Inc are all prominent in their respective fields, and their financial performance can reveal much about the... Read More »
ChrysCapital-Backed GeBBS Healthcare Solutions Acquires CPa Medical Billing
GeBBS Healthcare Solutions, Inc., a portfolio company of the India-focused private equity firm ChrysCapital, announced on February 22 its acquisition of CPa Medical Billing. The transaction expands the market, services, capabilities and footprints of both companies, enabling clients to benefit from an integrated revenue cycle management (RCM) solution offering from one partner. CPa Medical Billing clients will benefit from GeBBS’ end-to-end RCM workflow/automation tools and large geographic footprint. GeBBS Healthcare will expand its U.S.-based delivery capabilities and its RCM services portfolio to the federally qualified health centers (FQHCs) market. Established in 2003, CPa Medical... Read More »
DocPlanner Acquires Polish Practice Management Software Leader MyDr sp. z o. o.
DocPlanner announced on February 22 its acquisition of MyDr sp. z o. o., the creator of softwares such as MyDr EDM and Dr100. This acquisition is the first for DocPlanner in its domestic market of Poland. DocPlanner’s recent purchases include Feegow, which develops software for managing medical facilities in Brazil, and Jameda GmbH, which operates a physician rating and search platform for patients. As part of the transaction DocPlanner will add to its portfolio: MyDr EDM – the most recognizable practice management software in Poland, Dr100 – a software for running dental offices and clinics, and drNews – an information system for medical facilities. The financial... Read More »
