HGP Advises ePreop in Acquisition by Provation

HGP Advises ePreop in Acquisition by Provation

September 16, 2020

ePreop, leading provider of perioperative SaaS solutions designed to simplify the entire surgical encounter, has been acquired by Clearlake Capital-Backed Provation, the premier software provider of procedure documentation and clinical decision support solutions. For 25 years, Provation has…

Read More
HGP Advises symplr in Acquisition of ComplyTrack from Wolters Kluwer

HGP Advises symplr in Acquisition of ComplyTrack from Wolters Kluwer

September 09, 2020

symplr, a leading global healthcare governance, risk management, and compliance SaaS platform, backed by Clearlake Capital Group, L.P. and SkyKnight Capital, signed a definitive agreement to acquire ComplyTrack® from the Wolters Kluwer Legal & Regulatory division. The acquisition will further strengthen symplr as a global GRC leader…

Read More
HGP HIT August 2020 Insights

HGP HIT August 2020 Insights

September 08, 2020

M&A is back and the velocity of the rebound has outpaced all expectations.  The recovery quickly worked its way across the spectrum from large to small cap, beginning with the larger cap NASDAQ rally of nearly 80% from lows in late March (only to soften in recent days), followed by multi-billion dollar recapitalizations of the likes of WellSky, QGenda, and Edifecs, thereafter a wave of large cap…

Read More
HGP HIT July 2020 Insights

HGP HIT July 2020 Insights

August 06, 2020

While a pandemic ravages the country, technology valuations are soaring.  The Nasdaq hit an all-time high during the month of July, sailing through the 10,000 mark to post YTD gains of nearly 20%, representing a 56% increase off the low water mark on March 23.  More notably, the Nasdaq has outperformed the S&P 500 (including the lift the S&P has received from FANMAG stocks – Facebook, Amazon, Netflix,…

Read More
HGP Releases its July 2020 Semi-Annual Health IT Market Review

HGP Releases its July 2020 Semi-Annual Health IT Market Review

July 15, 2020

Healthcare Growth Partners is pleased to release our Semi-Annual Health IT Market Review.  Our semi-annual report summarizes M&A and private equity activity across health IT, health information services, and digital health. This edition of the report includes feedback from our survey of private equity professionals and their response to COVID-19, as well as an overview of trends seen in the first…

Read More
Private Equity in the Era of COVID-19: Findings from HGP’s PE Survey

Private Equity in the Era of COVID-19: Findings from HGP’s PE Survey

June 01, 2020

In May, as the U.S. cautiously started to reopen amid intense controversy, HGP polled hundreds of private equity funds across all stages of investment to find out how COVID-19 has impacted deal flow.  Eighty respondents provided their perspective on topics ranging from appetite for new investments to access to debt to the impact on portfolio companies. Respondent…

Read More
COVID-19: Telemedicine's Catalyst

COVID-19: Telemedicine's Catalyst

May 04, 2020

It is no secret that technology adoption in healthcare often lags adoption in other sectors.  Often, the slow pace of adoption makes sense.  While technology can drastically improve both cost and quality in healthcare when implemented correctly, it can also cause physician burnout, increased administrative workload, and worsen patient outcomes if a new technology fails to live up to the hype.  Historically,…

Read More
COVID-19 and the Importance of Health Informatics

COVID-19 and the Importance of Health Informatics

April 20, 2020

Never before has health informatics played a greater role in public health than during the COVID-19 pandemic.  While the Health IT industry is certainly challenged due to the overall disruption to the healthcare system, the pandemic undoubtedly underscores the opportunity and importance of health informatics,…

Read More
HGP Health IT March 2020 Insights

HGP Health IT March 2020 Insights

April 02, 2020

The healthcare system is not immune to the near-term economic fallout of COVID-19, but should rebound and potentially be transformed after the easing of social-distancing measures.  On March 18th, CMS announced “all elective surgeries, non-essential medical, surgical, and dental procedures be delayed during the 2020 Novel Coronavirus (COVID-19) outbreak.”  The result is a massive loss of revenue…

Read More