HealthEdge

HealthEdge Completes Acquisition of The Burgess Group | 8/14/2020

0 2 Share HealthEdge Software, Inc., provider of the industry’s leading integrated financial, administrative and clinical platform for health insurers, HealthRules Payor, announced it has completed the acquisition of The Burgess Group, LLC (“Burgess”), an innovative payment integrity software company focused on improving healthcare payment operations through technology. Health plan customers will now benefit from claims cost savings via the Burgess Source platform’s ability to identify and reduce wasteful spending …

Google Alert - software | 8/13/2020

software As-it-happens update ⋅ August 13, 2020 NEWS Blackstone-backed HealthEdge Software buys Burgess PE Hub HealthEdge Software , which is backed by Blackstone, has acquired The Burgess Group LLC, a payment integrity software company. No financial … Flag as irrelevant IT Security Software Market Growth of CAGR with Focusing Key players like ManageEngine … Counter Current The report include a thorough study of the global IT Security Software Market. It has …

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Private equity pushes into healthcare: 8 latest deals | Becker’s Hospital Review | 8/7/2020

There were more than 300 private equity deals in the healthcare industry in 2019, and the healthcare sector has continued to draw private equity investors in this year. Here are eight private equity deals announced since July 1: 1. HealthEdge Software, a portfolio company of Blackstone Group, acquired The Burgess Group, an Alexandria, Va.-based healthcare payment integrity software company. 2. Leonard Green & Partners entered into a definitive agreement to …

Blackstone is hunting heads and cutting checks as it doubles down on tech | Fortune | 8/5/2020

… mobile marketing platform Vungle for a reported $750 million; and picked up a majority interest in the startup that owns the popular dating app Bumble. This year, it has acquired health care technology firm HealthEdge Software and invested in Chinese data center provider 21Vianet. Blackstone is poised to throw its considerable weight around in private equity tech investing in the years to come. Both Feng and Letteri are based in …

Horizon Technology Finance Announces Second Quarter 2020 Financial Results | PR Newswire | 7/28/2020

… events from four portfolio companies. Liquidity events for Horizon may consist of the sale of warrants or equity in portfolio companies, loan prepayments, sale of owned assets or receipt of success fees. In April, HealthEdge Software, Inc. (“HealthEdge”) prepaid its outstanding principal balance of $13.1 million on its venture loan, plus interest, end-of-term payment and prepayment fee. Horizon also received proceeds of approximately $0.5 million in connection with …

HealthEdge Acquires Complementary Product Vendor The Burgess Group | Blog | 7/27/2020

On July 21, 2020, HealthEdge announced its acquisition of The Burgess Group, which we recently recognized as a Major Contender on our Healthcare Payer Payment Integrity Solutions PEAK Matrix™ Assessment 2020 . HealthEdge provides an integrated financial, administrative, and clinical software platform (the HealthRules suite), while The Burgess Group is a specialist in the payment integrity software space. Here’s our take on this deal. The strategic intent behind the deal The …

TransactionWatch – Week of July 20th – July 24th | 7/24/2020

Click here to read TransactionWatch Subscribe to TransactionWatch This week, the market proved that buyers’ interests have largely moved towards markets that have experienced increased growth brought on by COVID-19, especially the digital healthcare area. Healthcare ISV provider, HealthEdge , acquired The Burgess Group this week to help enhance its claims processing offering by including software-driven payment integrity to help provide further transparency between payers and healthcare providers. Another …

News 7/24/20 | HISTalk | 7/23/2020

… in Q2 profit, boosted by $822 million in federal stimulus money from the CARES act for pandemic relief. HCA says it received a total of $1.7 billion in CARES act funds. Insurer software vendor HealthEdge acquires The Burgess Group, which offers a payment integrity system. Sales BJC Healthcare (MO) selects Patientco’s patient payment technology and services. DFW Faith Health Collaborative (TX) will implement cloud-based referral and case management software …

Blackstone-Backed HealthEdge Adds Burgess | 7/23/2020

Published: July 23rd, 2020 HealthEdge’s acquisition of the payment integrity software company comes after HealthEdge became a Blackstone portfolio company in April. HealthEdge Software Inc. has sealed its first acquisition under Blackstone Group Inc.’s (BX) ownership, announcing Tuesday, July 21, its purchase of The Burgess Group LLC. Alexandria, Va.-based Burgess is a payment integrity software company with a focus on improving healthcare payment operations. “The acquisition of Burgess …

Blue Back Square’s Burgess Group acquired | Hartford Business Journal | 7/23/2020

… Hartford’s Blue Back Square, is now owned by the $564-billion asset management giant Blackstone Group. Burgess, which opened its 7,000-square-foot Connecticut office in 2013, was acquired this week by Massachusetts-based HealthEdge Software, a fellow provider of claims technology to payors. The deal comes about three months after funds managed by Blackstone completed their acquisition of HealthEdge . Financial terms of the deals were not disclosed, though the …

HealthEdge Software Acquires The Burgess Group | Business Wire | 7/21/2020

BURLINGTON, Mass. & ALEXANDRIA, Va.- HealthEdge Software, Inc.® (“HealthEdge”) , a provider of the industry’s leading integrated financial, administrative and clinical platform for health insurers, HealthRules® Payor , today announced the acquisition of The Burgess Group, LLC (“Burgess”), an innovative payment integrity software company focused on improving healthcare payment operations through technology. Complementary Products Result in a Leading Solutions Combination Steve Krupa, HealthEdge Chief Executive Officer, and Greg Burgess, Founder and President of …

HealthEdge Software Acquires The Burgess Group | Business & Finance | heraldchronicle.com | Business Wire | 7/21/2020

… today announced the acquisition of The Burgess Group, LLC (“Burgess”), an innovative payment integrity software company focused on improving healthcare payment operations through technology. Complementary Products Result in a Leading Solutions Combination Steve Krupa, HealthEdge Chief Executive Officer, and Greg Burgess, Founder and President of The Burgess Group, built a strong relationship around their mutual passion to automate the transactional systems for health plan claims processing and payments through a …

HealthEdge Software Acquires Payment Integrity Solution The Burgess Group | HIT Consultant | 7/21/2020

… payment integrity software company focused on improving healthcare payment operations through technology. Financial details of the acquisition were not disclosed. TripleTree, LLC served as financial advisor and Debevoise & Plimpton LLP was legal advisor to HealthEdge and Blackstone. Seabrook Partners, LLC served as financial advisor and Vedder Price was legal advisor to Burgess. Patient Accountability Platform Founded in 1997, Burgess operates at the intersection of healthcare, finance and technology. The company …

Lucid Audio Purchases Westone Audio | 6/25/2020

Jun 25, 2020 Industry News , Over the Counter , Personal Sound Amplification Westone Laboratories, part of HealthEdge Investment Partners, LLC, has announced the sale of its music division, Westone Audio , to Lucid Audio . Westone Audio was a pioneer of the custom in-ear monitor market in the 1980s, making its custom and universal earphone solutions a great offering for musicians, audiophiles, and music lovers worldwide. Many hearing care professionals will remember …

Westone Laboratories, Inc. announces the sale of Westone Audio, LLC to Lucid Audio, LLC | PR Newswire | 6/24/2020

COLORADO SPRINGS, Colo. , June 24, Westone Laboratories, a portfolio company of HealthEdge Investment Partners, LLC (“HealthEdge”), has announced the sale of its music division, Westone Audio, to Lucid Audio. Westone Audio pioneered the custom in-ear monitor market in the 1980s. The brand is synonymous with a premium audio experience, making its custom and universal earphone solutions a must-own product for musicians, audiophiles and music lovers worldwide. The sale …

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… sector has continued to draw private equity investors this year. Here are 11 private equity deals announced since March 1: 1. The Blackstone Group agreed to acquire a majority stake in Burlington, Mass.-based HealthEdge , a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed to pay $5 billion to acquire DXC Technology’s healthcare technology business. 3. Vision Innovation Partners, a portfolio company of Centre Partners …

Blackstone Completes Acquisition of HealthEdge Software, a Leading Healthcare Technology Solutions Provider | Business Wire | 4/9/2020

NEW YORK- Blackstone (NYSE:BX) announced today that funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of a majority stake in HealthEdge Software (“HealthEdge”), a leading healthcare technology company that delivers next generation Core Administrative Processing Systems (CAPS) solutions to customers across the healthcare ecosystem. HealthEdge provides mission-critical CAPS solutions to healthcare payors, enabling them to seamlessly and efficiently administer benefits, configure plans, manage providers and …

Blackstone Growth Aims to Build on Healthedge, Its Latest Acquisition - Barron’s | 3/12/2020

Healthedge provides software that helps health-insurance plans process claims. Photograph by Marcelo Leal Healthedge will likely serve as a platform for Blackstone Group ’s growth unit to make more investments in health-care payer technology, according to Ram Jagannath, a senior managing director at Blackstone Growth. Blackstone (ticker: BX) earlier this week said it was buying a majority of Healthedge . Financial terms weren’t announced, but the deal is reportedly …

Google Alert - Provider | 3/10/2020

Provider As-it-happens update ⋅ March 10, 2020 NEWS Blackstone to Acquire HealthEdge , a Leading Healthcare Technology Solutions Provider Business Wire (press release) Blackstone to Acquire HealthEdge , a Leading Healthcare Technology Solutions Provider . March 09, 2020 04:20 PM Eastern Daylight Time. NEW YORK … Flag as irrelevant Energy Marketing Conferences, LLC announced the winner of the “Retail Energy Provider of the … Reported Times EMC announced the winner of the “Retail Energy …

Private-Equity Giant Blackstone Buys Stake in Healthcare Software Company HealthEdge | The Motley Fool | 3/10/2020

… and alternative investment firms in the world just bought a majority stake of a promising healthcare software company. News broke on Monday afternoon that Blackstone Group ( NYSE:BX ) will become the majority owner of HealthEdge, a healthcare software developer for health insurers. HealthEdge develops a cloud-based software platform that helps health insurers keep track of their plans, enroll participants, and handle other administrative tasks. The company’s revenue grew by …

Blackstone to Acquire HealthEdge, a Leading Healthcare Technology Solutions Provider | 3/10/2020

AIT News Desk 10 Mar 2020 Financial Services , News Leave a comment 18 Views Blackstone announced that funds managed by Blackstone (“Blackstone”) will acquire a majority stake in HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses. The investment is being led by Blackstone’s growth equity team, which is focused on providing capital to fast-growing companies and helping them leverage …

Blackstone buys into HealthEdge to scale business into market leader | 3/10/2020

Buyout Mike Didymus - March 10, 2020 Healthcare-focused private equity firm Sheridan Capital Partners has pulled in more than $200m towards its first fundraise targeting capital from other LPs than its sole previous investor. Buyout Jordan Williams - March 10, 2020 KKR has announced that a employee at its London office has tested positive for coronavirus, prompting the private equity major to close both its London-based locations. Buyout Jordan Williams …

Blackstone to Acquire Health Edge | 3/10/2020

… outcomes, drastically reduce administrative costs and connect everyone in the healthcare delivery cycle. The company’s next-generation enterprise solution suite, HealthRules®, is built on modern, patented technology and is delivered to customers via the HealthEdge Cloud or onsite deployment. Blackstone (NYSE: BX) reported the intent to acquire a majority stake in HealthEdge . The acquisition is being pushed by Blackstone’s growth equity segment that focuses on providing capital to fast growing …

M&A wrap: Coronavirus, Blackstone, HealthEdge, JLL, Warburg Pincus, Conanicut Capital, Riverside, Paul Hastings | 3/10/2020

… offerings can reduce the risks of transmitting the virus through human interactions. See the full story, How coronavirus could change the payments industry. DEAL NEWS Blackstone (NYSE:BX) is buying a majority stake in HealthEdge, a technology company that offers core administrative processing systems to healthcare businesses. The investment is being led by Blackstone’s growth equity team, which is focused on providing capital to fast-growing companies and helping them …

Blackstone to Buy Majority Stake in Software Company HealthEdge - WSJ | The Wall Street Journal | 3/9/2020

Deal values HealthEdge at around $700 million, including debt, a person familiar with the matter says Blackstone Group Inc. is buying a majority stake in a health-care software company—the latest example of its strategy to invest in fast-growing firms. The private-equity giant is buying a stake in HealthEdge, which makes administrative software for health insurers, Blackstone plans to announce later Monday. The companies don’t plan to …

Population Health

Beacon Healthcare Systems Names Kerry Winkle Vice President of National Accounts | Business Wire | 3/17/2020

… recently, he served as regional vice president of sales for ZeOmega where he was responsible for sales of the company’s population health management solutions and for developing brand awareness and marketplace penetration of ZeOmega in … sales and marketing for Casenet, vice president of sales for Healthedge, and chief marketing and sales officer for Mphasis Eldorado. In each of those assignments, Winkle helped create strategic and tactical plans for growing market …

CSSHealth Promotes Experienced Healthcare Executives Jim Clair to CEO, and Guy Bryant to Executive Chairman of the Board | PR Newswire | 1/4/2020

PRNewswire/ – CSSHealth, a leading provider of technology-enabled services that improve population health through medication management, announces the promotion of Jim Clair to Chief Executive Officer, effective Jan. 1, 2020. Mr. Clair will also take a seat on the company’s Board of Managers. Guy Bryant , a HealthEdge Partners Operating Partner who has been CEO of Medicine-On-Time and CSS Health since 2015, oversaw the acquisition and integration of Clinical …

Medicare

HealthEdge To Showcase Payer Technology at Medicare Advantage Leadership Innovations Forum - Business Wire | 1/21/2020

HealthEdge To Showcase Payer Technology at Medicare Advantage Leadership Innovations Forum Company will host, present, and moderate at upcoming conference dedicated to Medicare Advantage best practices January 21, 2020 10:07 AM Eastern Standard Time BURLINGTON, Mass.–( BUSINESS WIRE )– HealthEdge ® , provider of the industry’s leading integrated financial, administrative and clinical platform for health insurers, today announced the company will present a session, moderate a panel and host a booth at the …

HealthEdge To Showcase Payer Technology at Medicare Advantage Leadership Innovations Forum | Business Wire | 1/21/2020

BURLINGTON, Mass.–(BUSINESS WIRE)–Jan 21, 2020– HealthEdge ® , provider of the industry’s leading integrated financial, administrative and clinical platform for health insurers, today announced the company will present a session, moderate a panel and host a booth at the upcoming Medicare Advantage Leadership Innovations Forum , taking place January 27 – 29, 2020 at the Phoenix Marriott Resort Tempe at The Buttes (Phoenix, AZ). The company is a 2020 Partner and Educational …

Medicare Advantage

HealthEdge To Showcase Payer Technology at Medicare Advantage Leadership Innovations Forum | Business Wire | 1/21/2020

BURLINGTON, Mass.–(BUSINESS WIRE)–Jan 21, 2020– HealthEdge ® , provider of the industry’s leading integrated financial, administrative and clinical platform for health insurers, today announced the company will present a session, moderate a panel and host a booth at the upcoming Medicare Advantage Leadership Innovations Forum , taking place January 27 – 29, 2020 at the Phoenix Marriott Resort Tempe at The Buttes (Phoenix, AZ). The company is a 2020 Partner and Educational …

Medicare Advantage Plans Struggle With Internal Challenges to Keep Pace With Growth | HIT Consultant | 8/1/2019

Medicare Advantage Plans Struggle With Internal Challenges to Keep Pace With Growth //hitconsultant.net/2019/08/01/survey-medicare-advantage-plans-struggle/. Captcha Submit Many Medicare Advantage health plans (35%) struggle with internal challenges in keeping pace with … in response to business fluctuation. The survey was commissioned by HealthEdge and conducted by Survata, an independent research firm in San Francisco. Survata interviewed 201 online respondents between June 5, 2019, and June 17, 2019 …

DXC Technology

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed to pay $5 billion to acquire DXC Technology’s healthcare technology business. 3. Vision Innovation Partners, a portfolio company of Centre Partners, acquired Baltimore Eye Physicians, an ophthalmology practice with two locations. 4. Northlane Capital Partners invested in Dallas-based VMG Health, a valuation and transaction advisory firm exclusively focused on the healthcare industry. 5. Council …

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed to pay $5 billion to acquire DXC Technology’s healthcare technology business. 3. Vision Innovation Partners, a portfolio company of Centre Partners, acquired Baltimore Eye Physicians, an ophthalmology practice with two locations. 4. Northlane Capital Partners invested in Dallas-based VMG Health, a valuation and transaction advisory firm exclusively focused on the healthcare industry. 5. Council …

LifeStance Health

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… equity deals announced since March 1: 1. The Blackstone Group agreed to acquire a majority stake in Burlington, Mass.-based HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed … provider of addiction treatment services. 10. TPG Capital invested in LifeStance Health, a Bellevue, Wash.-based provider of outpatient behavioral health services. 11. Therapeutic Research Center, a portfolio company of Levine Leichtman Capital Partners, acquired …

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… equity deals announced since March 1: 1. The Blackstone Group agreed to acquire a majority stake in Burlington, Mass.-based HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed … provider of addiction treatment services. 10. TPG Capital invested in LifeStance Health, a Bellevue, Wash.-based provider of outpatient behavioral health services. 11. Therapeutic Research Center, a portfolio company of Levine Leichtman Capital Partners, acquired …

VMG Health

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed to pay $5 billion to acquire DXC Technology’s healthcare technology business. 3. Vision Innovation Partners, a portfolio company of Centre Partners, acquired Baltimore Eye Physicians, an ophthalmology practice with two locations. 4. Northlane Capital Partners invested in Dallas-based VMG Health, a valuation and transaction advisory firm exclusively focused on the healthcare industry. 5. Council …

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed to pay $5 billion to acquire DXC Technology’s healthcare technology business. 3. Vision Innovation Partners, a portfolio company of Centre Partners, acquired Baltimore Eye Physicians, an ophthalmology practice with two locations. 4. Northlane Capital Partners invested in Dallas-based VMG Health, a valuation and transaction advisory firm exclusively focused on the healthcare industry. 5. Council …

CVS

Blackstone to Acquire HealthEdge, a Leading Healthcare Technology Solutions Provider | Business Wire | 3/9/2020

… Mar 9, 2020– Blackstone (NYSE:BX) today announced that funds managed by Blackstone (“Blackstone”) will acquire a majority stake in HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions … Jelinek, Board Member of HealthEdge and Executive Vice President of CVS Health, added: “On behalf of the company we are pleased to be partnering with Blackstone, which has the capital and resources to help HealthEdge

Blackstone to Acquire HealthEdge, a Leading Healthcare Technology Solutions Provider | Business Wire | 3/9/2020

… Mar 9, 2020– Blackstone (NYSE:BX) today announced that funds managed by Blackstone (“Blackstone”) will acquire a majority stake in HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions … Jelinek, Board Member of HealthEdge and Executive Vice President of CVS Health, added: “On behalf of the company we are pleased to be partnering with Blackstone, which has the capital and resources to help HealthEdge

Data Dimensions

Fresh New Look for Data Dimensions Website | Business Wire | 4/25/2019

JANESVILLE, Wis.- To better showcase information about the services it offers, Data Dimensions, a leading provider of intelligent automation solutions, unveils a brand new look with the launch of their new website. The new datadimensions.com … III data center. Data Dimensions is a portfolio company of HealthEdge Investment Partners, LLC. HealthEdge is an operating‐oriented private equity fund founded in 2005. HealthEdge’s investment team has over 100 years of combined operating …

Fresh New Look for Data Dimensions Website | Business & Finance | manchestertimes.com | Business Wire | 4/25/2019

Fresh New Look for Data Dimensions Website 7 hrs ago Save JANESVILLE, Wis.–(BUSINESS WIRE)–Apr 25, 2019–To better showcase information about the services it offers, Data Dimensions, a leading provider of intelligent automation … III data center. Data Dimensions is a portfolio company of HealthEdge Investment Partners, LLC. HealthEdge is an operating‐oriented private equity fund founded in 2005. HealthEdge’s investment team has over 100 years of combined operating …

Blackstone Group

Private equity pushes into healthcare: 8 latest deals | Becker’s Hospital Review | 8/7/2020

There were more than 300 private equity deals in the healthcare industry in 2019, and the healthcare sector has continued to draw private equity investors in this year. Here are eight private equity deals announced since July 1: 1. HealthEdge Software, a portfolio company of Blackstone Group, acquired The Burgess Group, an Alexandria, Va.-based healthcare payment integrity software company. 2. Leonard Green & Partners entered into a definitive agreement to …

TPG Capital

Private equity pushes into healthcare: 8 latest deals | Becker’s Hospital Review | 8/7/2020

HealthEdge Software, a portfolio company of Blackstone Group, acquired The Burgess Group, an Alexandria, Va.-based healthcare payment integrity software company. 2. Leonard Green & Partners entered into a definitive agreement to buy a 50 percent stake in WellSky, an Overland Park, Kan.-based healthcare software company. TPG Capital will remain a 50 percent shareholder, according to PE Hub . 3. Centauri Health Solutions, a portfolio company of Abry Partners, acquired Applied …

Blackstone

Private equity pushes into healthcare: 8 latest deals | Becker’s Hospital Review | 8/7/2020

There were more than 300 private equity deals in the healthcare industry in 2019, and the healthcare sector has continued to draw private equity investors in this year. Here are eight private equity deals announced since July 1: 1. HealthEdge Software, a portfolio company of Blackstone Group, acquired The Burgess Group, an Alexandria, Va.-based healthcare payment integrity software company. 2. Leonard Green & Partners entered into a definitive agreement to …

Francisco Partners

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… equity deals announced since March 1: 1. The Blackstone Group agreed to acquire a majority stake in Burlington, Mass.-based HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed … Luke’s Home Hospice and Phoenix-based Arizona Select Hospice. 7. Francisco Partners acquired Smith Technologies, a Spartanburg, S.C.-based developer of community pharmacy and long-term care technology. 8. The Riverside Company invested in Red …

Veritas Capital

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

There were more than 300 private equity deals in the healthcare industry in 2019, and the healthcare sector has continued to draw private equity investors this year. Here are 11 private equity deals announced since March 1: 1. The Blackstone Group agreed to acquire a majority stake in Burlington, Mass.-based HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed to pay $5 billion …

Riverside Company

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… equity deals announced since March 1: 1. The Blackstone Group agreed to acquire a majority stake in Burlington, Mass.-based HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed … of community pharmacy and long-term care technology. 8. The Riverside Company invested in Red Nucleus Enterprises, a Yardley, Pa.-based provider of compliance and learning services to the pharmaceutical industry. 9. Veronis Suhler Stevenson …

Pharos Capital Group

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… equity deals announced since March 1: 1. The Blackstone Group agreed to acquire a majority stake in Burlington, Mass.-based HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed … facilities. 6. Charter Health Care Group, a portfolio company of Pharos Capital Group, acquired two hospice service providers: Las Vegas-based St. Luke’s Home Hospice and Phoenix-based Arizona Select Hospice. 7. Francisco Partners acquired …

Centre Partners

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed to pay $5 billion to acquire DXC Technology’s healthcare technology business. 3. Vision Innovation Partners, a portfolio company of Centre Partners, acquired Baltimore Eye Physicians, an ophthalmology practice with two locations. 4. Northlane Capital Partners invested in Dallas-based VMG Health, a valuation and transaction advisory firm exclusively focused on the healthcare industry. 5. Council …

Council Capital

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed to pay $5 billion to acquire DXC Technology’s healthcare technology business. 3. Vision Innovation Partners, a portfolio company of Centre Partners, acquired Baltimore Eye Physicians, an ophthalmology practice with two locations. 4. Northlane Capital Partners invested in Dallas-based VMG Health, a valuation and transaction advisory firm exclusively focused on the healthcare industry. 5. Council …

Veronis Suhler Stevenson

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… equity deals announced since March 1: 1. The Blackstone Group agreed to acquire a majority stake in Burlington, Mass.-based HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed … of compliance and learning services to the pharmaceutical industry. 9. Veronis Suhler Stevenson and NewSpring Health Capital acquired BRC Healthcare, an Austin, Texas-based provider of addiction treatment services. 10. TPG Capital invested in LifeStance …

Levine Leichtman Capital Partners

Private equity pushes into healthcare: 11 latest deals | Becker’s Hospital Review | 4/18/2020

… equity deals announced since March 1: 1. The Blackstone Group agreed to acquire a majority stake in Burlington, Mass.-based HealthEdge, a provider of core administrative processing systems to healthcare businesses. 2. Veritas Capital agreed … health services. 11. Therapeutic Research Center, a portfolio company of Levine Leichtman Capital Partners, acquired CriticalPoint, a provider of drug compounding training programs, and Clinical IQ, a consulting group that focuses on the pharmaceutical and …

TripleTree

Blackstone Completes Acquisition of HealthEdge Software, a Leading Healthcare Technology Solutions Provider | Business Wire | 4/9/2020

… BX) announced today that funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of a majority stake in HealthEdge Software (“HealthEdge”), a leading healthcare technology company that delivers next generation Core Administrative Processing … advisor and Goodwin Procter LLP was legal advisor for HealthEdge. TripleTree served as financial advisor and Debevoise & Plimpton LLP was legal advisor for Blackstone. Terms of the transaction were not disclosed. About Blackstone Blackstone is …

Ram Jagannath

HealthEdge Software Acquires Payment Integrity Solution The Burgess Group | HIT Consultant | 7/21/2020

HealthEdge Software announces the acquisition of The Burgess Group, LLC (“Burgess”), an innovative payment integrity software company focused on improving healthcare payment operations for an undisclosed sum. – The strategic acquisition will boost Health Edge’s position … plans beyond what is available in the market today,” said Ram Jagannath, Global Head of Healthcare for Blackstone Growth and Chairman of HealthEdge. “We are excited to invest further in HealthEdge to continue building a …

Blackstone Completes Acquisition of HealthEdge Software, a Leading Healthcare Technology Solutions Provider | Business Wire | 4/9/2020

… BX) announced today that funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of a majority stake in HealthEdge Software (“HealthEdge”), a leading healthcare technology company that delivers next generation Core Administrative Processing … better serving our customers in this next chapter for HealthEdge.” Ram Jagannath, Global Head of Healthcare for Blackstone Growth (BXG), said: “We’re excited to work with HealthEdge’s world-class management team as the company continues …

Guy Bryant

CSSHealth Promotes Experienced Healthcare Executives Jim Clair to CEO, and Guy Bryant to Executive Chairman of the Board | PR Newswire | 1/4/2020

PRNewswire/ – CSSHealth, a leading provider of technology-enabled services that improve population health through medication management, announces the promotion of Jim Clair to Chief Executive Officer, effective Jan. 1, 2020. Mr. Clair will also take a seat on the company’s Board of Managers. Guy Bryant , a HealthEdge Partners Operating Partner who has been CEO of Medicine-On-Time and CSS Health since 2015, oversaw the acquisition and integration of Clinical …

CSSHealth Promotes Experienced Healthcare Executives Jim Clair to CEO, and Guy Bryant to Executive Chairman of the Board | Yahoo News | 1/4/2020

Guy Bryant , a HealthEdge Partners Operating Partner who has been CEO of Medicine-On-Time and CSS Health since 2015, oversaw the acquisition and integration of Clinical Support Services, and the subsequent creation of CSS Health, is moving to Executive Chair. CSSHealth’s clients are health plans, pharmacy benefit managers, pharmacies, and other health care providers. Mr. Clair will focus on the company’s overall growth strategy and raising its service delivery …