• Bradford Health Services Acquires Parkdale Center 

    Bradford Health Services has entered into an agreement to acquire Parkdale Center, a leading addiction treatment provider in Chesterton, Indiana.  Parkdale Center is widely renowned for its specialized Professionals Program serving healthcare providers, attorneys, executives, aviation professionals, first responders and other licensed... Read More »
  • RevSpring Acquires TrustCommerce 

    On February 20, RevSpring reported that it acquired TrustCommerce. The seller was Waud Capital Partners, who initially purchased the company in 2017.  FT Partners served as the exclusive strategic and financial advisor to TrustCommerce. Financial terms of the deal were not disclosed.  TrustCommerce is a leading financial technology... Read More »
  • Istios Health Expands into the Nephrology Field  

    On February 19, Istios Health reported that it was expanding its services into the nephrology field with the acquisition of three practices: Central Mass Nephrology, Teredesai McCann & Associates and Coordinated Kidney Care Group. Terms were not disclosed.   Central Mass Nephrology is a nephrology practice based out of nine clinic locations... Read More »
  • Swiss Rockets AG Acquires Complete Genomics 

    Swiss Rockets AG, based in Basel, Switzerland, announced on February 23 that it entered into a definitive agreement to acquire Complete Genomics, Inc.   Complete Genomics is a leader in whole human genomic sequencing, which is used by research centers to conduct medical research that, in the future, is expected to be used to improve... Read More »
  • Specialty1 Partners Announces Second Acquisition of 2025 

    Triumphant Transition Partners announced that it acted as an advisor to Dr. Francisco Perez as he joined Specialty1 Partners.  The practice of Dr. Francisco Perez is based in Edinburg, Texas. Dr. Perez, an oral and maxillofacial surgeon, is the only physician on staff.  Specialty1 Partners, backed by private equity firm VSS Capital Partners,... Read More »
Amwell Posts Strong Earnings as Converge Platform Grows

Amwell Posts Strong Earnings as Converge Platform Grows

Amwell (NYSE:AMWL) announced its financial results for the third quarter ended September 30, 2022. Amwell, formerly known as American Well, is a telemedicine company that connects patients with doctors over secure video. The company came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.20 per share a year ago. During the call, Ido Shoenberg, Chairman and Co-CEO of Amwell, spoke of progress in migration to Amwell’s digital health platform Converge, showing the company’s understanding that it must offer more than just video televisits to stay relevant post-pandemic. Mr. Shoenberg name-dropped clients such as CVS... Read More »
Trivest Partners’ Portfolio Company Acquires Patient Engagement Company

Trivest Partners’ Portfolio Company Acquires Patient Engagement Company

On October 31, Unosquare, a portfolio company of private equity firm Trivest Partners, announced its acquisition of Catalyst UX, a patient engagement company. Unosquare s a global digital engineering company providing full-cycle digital transformation services, both nearshore and onshore, from delivery centers in the United States, Mexico, Colombia, Bolivia and the United Kingdom. Founded in 1994, Catalyst UX is a leading digital experience agency focused on the healthcare, life sciences and FinTech markets. Catalyst will complement Unosquare’s more than 1,000 delivery professionals and global operations across three continents. The acquisition adds to Unosquare’s strategy of providing its... Read More »
Amwell Posts Strong Earnings as Converge Platform Grows

Google Acquires Sound Life Sciences

Google has acquired Seattle-based Sound Life Sciences. Terms of the deal were not disclosed. Google focuses on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence and consumer electronics. In 2017, Google acquired Senosis Health, which develops apps to monitor health, including hemoglobin levels and bone strength. Senosis also developed an app to measure breathing by holding a phone at arm’s length and blowing on it. Mountain View, California-based Google and its parent Alphabet have invested in health technology for many years. Alphabet subsidiary Verily Life Sciences uses connected devices for patient... Read More »
New Mountain Capital Acquired ClaimLogiq

New Mountain Capital Acquired ClaimLogiq

Private equity firm New Mountain Capital, LLC has announced an investment in ClaimLogiq. No financial terms were disclosed, but New Mountain Capital is investing alongside ClaimLogiq’s existing investor, Eir Partners. ClaimLogic is a medical claims and processing company that provides integrated revenue cycle management (RCM) solutions and electronic transaction processing systems, as well as tools for healthcare providers of all sizes, including hospitals and physicians. The company is based in  Mt. Pleasant, South Carolina. This isn’t New Mountain Capital’s first investment in the digital health market. In 2019, the firm purchased emids, which partners with health technology... Read More »
National Medical Billing Services Acquires RCM Provider MedTek

National Medical Billing Services Acquires RCM Provider MedTek

National Medical Billing Services, a healthcare revenue cycle management (RCM) company serving the surgical market, has acquired Woodland Hills, California-based RCM provider MedTek, LLC. This partnership will further enhance National Medical’s position as the complete end-to-end provider of outsourced revenue cycle solutions serving ASCs, surgical practices and anesthesia groups. Neal, Gerber & Eisenberg and Ropes & Gray LLP served as legal counsel to National Medical. Lincoln International served as the exclusive financial advisor to MedTek for this transaction and Proskauer Rose LLP served as legal counsel to MedTek. Founded in 2001 and headquartered in Woodland Hills,... Read More »
Trivest Partners’ Portfolio Company Acquires Patient Engagement Company

Cegedim Acquires Clinityx

Cegedim acquired Clinityx in a deal involving companies based in France. Terms of the transaction were not disclosed. Founded in 1969, Cegedim is a technology and services company in the field of digital data flow management for healthcare ecosystems and B2B, and a business software publisher for healthcare and insurance professionals. Cegedim employs more than 5,600 people in more than 10 countries and generated revenue of €525 million ($518.34 million USD) in 2021. Founded in 2018, Clinityx partners with academic establishments to build data warehouses. Clinityx also provides consulting services and manages all aspects of real-world studies from protocol design to final report. According... Read More »