HGP Health IT August Insights

September 04, 2019

HGP’s August Health IT Insights provides a summary of Health IT transactions, news, and public company performance during the month of August.  The wave of Health IT IPO’s during June and July were followed in August with a wave of high-profile private equity buyouts.  Clinical trial and life sciences technologies received particular attention, with significant investments in InCrowd, Forte Research, and THREAD Research.  Other transactions of note included the Walgreens’ and WCAS acquisition of Shields Health Solutions, a specialty pharmacy integrator for hospitals, The CapStreet Group’s acquisition of Surgical Notes, a leading provider of revenue cycle management software and services to ambulatory surgery centers, and Warburg Pincus’ acquisition of WebPT, an EMR provider for physical therapists, occupational therapists, and speech-language pathologists.  See the infographic below for a few of the buyout highlights from the month of August. 

The public markets saw a slight decline over the month as trade tensions and worries about the economy continued.  The healthcare industry was no exception, with our indices trending downward between 2% and 7%.


Noteworthy Transactions

Noteworthy M&A transactions during the month include:

Noteworthy Investments during the month include:


Noteworthy News Headlines


Public Company Performance

HGP tracks stock indices for publicly traded health IT companies within four different sectors - Health IT, Payers, Healthcare Services, and Health IT & Payer Services. The chart below summarizes the performance of these sectors compared to the S&P 500 for the month of August:


The following tables include summary statistics on the four sectors tracked by HGP as well as the S&P 500 and NASDAQ for August 2019: