Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40

Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
Propio Language Services Acquires LSP Ware

Propio Language Services Acquires LSP Ware

by | Jul 18, 2022 10:46 am | eHealth

Propio Language Services, which provides document translation services, acquired LSP Ware, which serves the healthcare, judicial, education and language service industries. Terms of the transaction were not disclosed. Founded in 2011, LSP Ware is a developer of workforce management software Atrium. The company’s platform offers an end-to-end solution to connect language service companies, healthcare customers and interpreters. Founded in 1998 and owned by TT Capital Partners, Propio Language Services provides phone, video and in-person interpretation. With the acquisition, Propio adds software capabilities to its communication platform for all-in-one interpreting management and delivery.... Read More »
GI Partners Acquires GTY Technology Holdings in $374 Million Deal

GI Partners Acquires GTY Technology Holdings in $374 Million Deal

by | Jul 18, 2022 9:21 am | eHealth, Private Equity

GI Partners, a private investment firm, announced it acquired GTY Technology Holdings Inc., a SaaS company that offers solutions for governments, educational institutions and healthcare organizations, for $374 million. GI Partners, founded in 2001, has more than 130 employees with offices in San Francisco, New York, Chicago, Greenwich, Scottsdale and Dallas. The firm’s assets under management total $35 billion and it invests primarily in companies in the healthcare, IT infrastructure, services and software sectors. Boston-based GTY Technology Holdings provides services spanning functions in procurement, payments, grant management, budgeting and permitting. GTY shareholders received $6.30... Read More »
Evolent Health Acquires IPG in $375 Million Sale

Evolent Health Acquires IPG in $375 Million Sale

by | Jul 5, 2022 10:20 am | eHealth, Managed Care

Evolent Health, Inc., a managed care company, announced it acquired IPG, a provider of surgical cost management solutions, for $375 million. The seller was TPG Growth.  Founded in 2011, Evolent Health is based in Arlington, Virginia, and provides an integrated, value-based care platform to health systems and physician organizations nationwide.  IPG works with health plans, providers, surgical facilities, device manufacturers and patients to improve quality and reduce costs for surgical procedures through optimization of care and device selection. It was founded in 2004 and is based in Alpharetta, Georgia.  The acquisition of IPG will expand Evolent’s specialty... Read More »
Propio Language Services Acquires LSP Ware

UnitedHealth Group’s Optum Acquires EMIS Group For $1.5 Billion

by | Jun 20, 2022 2:06 pm | eHealth

Optum, a subsidiary of UnitedHealth Group since 2011, has announced the purchase of EMIS Group, a UK healthcare technology company, for approximately $1.5 billion USD, or £1.24 billion, in an all-cash transaction. An affiliate of UnitedHealth’s Optum, Bordeaux UK Holdings II Limited, has offered £1,925 per share in cash, reflecting a 49% premium to EMIS’ closing price on June 16. Optum UK CEO Rob Sergeant said in a statement the deal to acquire EMIS will bring more advanced technology solutions and capabilities to the UK’s National Health Service and general practitioners. EMIS Group is a provider of healthcare software, information technology and related services in the UK. EMIS... Read More »
GI Partners Acquires GTY Technology Holdings in $374 Million Deal

Bain Capital Makes First Investment in Healthcare AI

by | Jun 9, 2022 3:22 pm | eHealth, Private Equity

Bain Capital announced, on June 6, that it acquired a majority stake in LeanTaaS.  LeanTaaS develops software that combines predictive analytics and machine learning to help optimize how health systems use resources like infusion chairs, operating rooms and inpatient beds. Founded in 2010 and headquartered in Santa Clara, California, LeanTaaS works with more than 500 hospitals and 130 health systems across the U.S. Bain’s investment will allow LeanTaaS to expand its technology capabilities. The purchase of LeanTaaS is Bain’s first venture into healthcare AI. Insight Partners and the growth equity business within Goldman Sachs Asset Management will each retain minority stakes in... Read More »
Evolent Health Acquires IPG in $375 Million Sale

BD Enters New Pharmacy Automation Solutions Market With Parata Systems Acquisition

by | Jun 6, 2022 2:30 pm | eHealth, Other Services, Private Equity, Specialty Pharmacies

On June 6, Becton, Dickinson and Company (BD), a leading global medical technology company, entered into a definitive agreement to acquire Parata Systems, an innovative provider of pharmacy automation solutions, for $1.53 billion from leading private equity firm Frazier Healthcare Partners. The transaction will be complementary to BD’s solutions in medication management with a new set of technologies across the care continuum, including acute care health systems, retail pharmacies, long-term care and home settings. Ropes & Gray LLP advised Becton, Dickinson and Company in the acquisition. Parata provides BD access to a new $600 million pharmacy automation market segment that is... Read More »