H.I.G. Growth Completes Significant Growth Investment in Carebox
Boston, Massachusetts-based H.I.G. Growth Partners announced on November 18 that it has completed a significant growth equity investment in Sanford, North Carolina-based Carebox. Carebox is a software platform that connects patients, families and physicians with potentially life-saving treatment options that are only available in clinical trials. Carebox partners with more than 40 leading life sciences firms, research organizations and foundations working on clinical trials. The company has developed CareboxConnect, a clinical trial matching platform that continuously indexes patients’ clinical trial participation eligibility and immediately matches them with relevant studies... Read More »
CoachCare Buys California-Based RPM Company Dedica Health
CoachCare ended October 2024 with an acquisition announcement. The company announced on October 29 that it acquired Dedica Health for an undisclosed amount. Dedica Health is a California-based remote patient monitoring (RPM) company, with expertise in primary care and cardiology. The Dedica Health app monitors patient data from connected devices between office visits. CoachCare is a New-York based RPM and virtual health company. More than 150,000 patients in 3,000 locations benefit from CoachCare’s suite of virtual tools, including remote patient monitoring, video conferencing, real-time messaging, screening, content sharing and connected devices. The two digital health companies have... Read More »
Elevate Patient Financial Buys RCM Provider NYX Health Eligibility Services
Elevate Patient Financial Solutions announced on November 5 the acquisition of NYX Health Eligibility Services for an undisclosed price. NYX Health Eligibility Services provides revenue cycle management (RCM) solutions focused on Medicaid eligibility verification and enrollment on behalf of hospitals and health systems. NYX Health Eligibility Services was founded in 2023 and is based in Alpharetta, Georgia. Elevate Patient Financial Solutions delivers RCM solutions to hospitals, health systems and health providers nationwide. ElevatePFS is backed by private equity firms Frazier Healthcare Partners and The Edgewater Funds. This acquisition strengthens Elevate’s current eligibility and... Read More »
Earnings Week in Review: Navigating Challenges and Growth in Q3 2024 Healthcare
We’re taking a look at some of the major companies reporting earnings in the week of October 28 – November 1, across a variety of sectors. Managed Care providers Humana and Cigna reported significant growth, driven by their health insurance offerings. The eHealth space saw Teladoc Health and American Well Corp. navigating competitive pressures and market shifts, highlighting the dynamic nature of digital health. Meanwhile, Stryker Corp.’s strong earnings performance in the Medical Devices segment contrasted with Avanos Medical’s struggle with cost pressures. These earnings reports offer a comprehensive view of the healthcare industry’s current performance and future... Read More »
VitalHub Announces Acquisition of Strata Health
VitalHub Corp. announced that it has acquired Strata Health Solutions Inc., a leading provider of patient flow solutions internationally. Strata Health is being purchased for a total up-front consideration of $32.3 million CAD (approximately $23.3 million USD), plus potential performance-based consideration. Based in Calgary, Canada, Strata Health designs, builds and deploys software that improves access and navigation to care. Strata Health has more than 80 health system partners and works with more than 500 hospitals to provide more than 800,000 patient transitions annually. The company serves customers in Canada, the United States, the United Kingdom and New Zealand with offices... Read More »Schedule a demo
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