HealthEdge

The Columbus Organization Announces Completion of Statewide Coverage for Waiver Support Coordination | PR Newswire | 9/16/2020

… to finding the most appropriate, personalized solutions for clients, Columbus provides a wide array of services specifically for families, individuals and the organizations that support them. For more information on Columbus, visit www.columbusorg.com . ABOUT HEALTHEDGE INVESTMENT PARTNERS HealthEdge Investment Partners, LLC is an operation-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit …

Global Technology Spending on Core Administration in Healthcare Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) | 9/16/2020

… major players. Key players in the global Technology Spending on Core Administration in Healthcare market covered in Chapter 4: TriZetto Health Solutions Plus HealthAxis Group Visiant Health Plexis Healthcare Systems Wonderbox Technologies UPP Technology HealthEdge Software Evolent Health In Chapter 11 and 13.3, on the basis of types, the Technology Spending on Core Administration in Healthcare market from 2015 to 2026 is primarily split into: Hardware Software Services In Chapter …

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Patricia Rendon Named as The Columbus Organization’s Executive Director, Care Coordination in Florida | PR Newswire | 9/8/2020

… to finding the most appropriate, personalized solutions for clients, Columbus provides a wide array of services specifically for families, individuals and the organizations that support them. For more information on Columbus, visit www.columbusorg.com . ABOUT HEALTHEDGE INVESTMENT PARTNERS HealthEdge Investment Partners, LLC is an operation-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit …

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 …

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 …

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

… purchased 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 acquired health care technology firm HealthEdge Software and invested in Chinese data center provider 21Vianet. Blackstone’s poised to throw its considerable weight around in private equity tech investing in the years to come. Both Feng and Letteri are based in San …

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 …

Google Alert - software | 7/23/2020

… software , it has bugs. In this age of heightened cybersecurity awareness, bugs mean vulnerabilities. To address them, Linux vendors try to … Flag as irrelevant Alexandria software company acquired by Massachusetts firm Virginia Business Magazine HealthEdge Software Inc. acquires The Burgess Group LLC. Published July 22, 2020 by Sydney Lake. Burlington, Massachusetts- … Flag as irrelevant 5 Reasons To Find An All-in-One Software Solution For Your Biz HostReview.com When you …

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 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 | 6/24/2020

PR Newswire - Stock Market News 0 COLORADO SPRINGS, Colo. , June 24, 2020 / PRNewswire / — 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 …

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 - software | 3/11/2020

software As-it-happens update ⋅ March 10, 2020 NEWS Private-Equity Giant Blackstone Buys Stake in Healthcare Software Company HealthEdge Motley Fool HealthEdge develops a cloud-based software platform that helps health insurers keep track of their plans, enroll participants, and handle other … Flag as irrelevant 83% of medical imaging devices operate on outdated software : report Becker’s Hospital Review 3. Approximately 83 percent of medical imaging devices run on outdated …

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 …