Eir Partners-Backed ReviveHealth Acquires SwiftMD
ReviveHealth has acquired SwiftMD, a virtual care services company with a strong physician network. The acquisition was facilitated by ReviveHealth’s parent company Eir Partners LLC, a Miami-based private equity firm that invests in high growth healthcare companies. Eir Partners took a majority interest in ReviveHealth as a part of the transaction. Terms of the deal were not disclosed. SwiftMD’s platform features U.S. trained board-certified doctors that provide 24/7 care. ReviveHealth is a subscription solution that provides employees and consumers with fully integrated care including primary and urgent care, mental health therapy, physical therapy, pharmacy benefits and care... Read More »
SimiTree Acquires Afia, GreenpointMed
SimiTree has acquired Afia and GreenpointMed. Greenberg Advisors, LLC served as exclusive M&A advisor to SimiTree. Terms of the deal were not disclosed. SimiTree, which is based in Hamden, Connecticut, provides tech-enabled specialty revenue cycle management, coding, professional services and talent management resources for post-acute and behavioral health organizations. Ann Arbor, Michigan-based Afia uses data-driven decision-making to solve business challenges by simplifying EHR implementations, driving clinical best practice, optimizing revenue cycles and creating IT infrastructures. Founded in 2016, Boca Raton, Florida-based GreenpointMed is a medical billing and credentialing... Read More »
H.I.G. Capital Sells RCM Company to Alpine Investors
San Francisco-based Alpine Investors announced that it acquired revenue cycle management (RCM) company, Medusind Solutions, Inc. H.I.G. Capital, which originally purchased Medusind in 2019, acted as the seller. Medusind Solutions, Inc. provides comprehensive end-to-end RCM solutions, including practice management, eligibility, coding, claims processing and value-added analytics. It is based in Miami, Florida and was founded in 2002. Alpine Investors is a private equity firm that has raised more than $900 million of committed capital and invested in more than 50 companies since its launch in 2001. H.I.G. Capital is a global private equity and alternative assets investment firm... Read More »
Scipher Medicine Acquires CrossBridge
Scipher Medicine has acquired CrossBridge. The acquisition gives Scipher new data management and analytics capabilities to enable a more granular and real-time understanding of patients’ treatment pathways. CrossBridge’s SaaS value-based care platform bridges gaps between patients, providers and payers, and lowers the cost of care for autoimmune disease patients. Scipher Medicine is an immunology company that matches patients with their most effective therapy. Terms of the deal were not disclosed. According to data captured in the LevinPro HC database, this marks the ninth eHealth deal of 2023. There were 321 eHealth transactions reported in 2022. Read More »
