Ten years into the bull market, we operate in a heightened state of awareness for any indication of market weakness that may signal a downturn. While debt levels are rising and GDP growth somewhat sluggish, the world of private equity, public equity, and M&A continues to be in full swing bull market mode.
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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 an overview of trends seen in 2019 including IPOs, regulatory tailwinds, prolific investor appetite, and a rich cross-section of acquirors.…
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Riverside Insights, a portfolio company of Alpine Investors, announced that it has acquired ImPACT Applications. Both Riverside and ImPACT Applications are committed to delivering robust research-based assessment…
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We did a doubletake when we noticed all of the HGP healthcare indices climbed approximately 10% during the month of November. Year-to-date, the S&P 500 is up over 25% and the HGP healthcare indices are all hovering in that range. In the two month period since September, when talk of universal healthcare reached its peak in the recent election cycle, the HGP Payer Index climbed over 25%. If it…
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During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma. The transaction trends are a testament to Health IT’s increasing integration into workflows across…
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Accumen Inc., the leader in healthcare performance, announced that it has acquired 3DR Laboratories, the largest and most respected 3D medical post-processing laboratory in the United States. Since it was founded in 2005, 3DR Laboratories has provided post-processing services to hundreds…
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At HGP, we’ve advised and made personal investments in 100+ emerging growth Health IT companies with revenue between ~$5-20 million. We’re often asked about the target…
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The Health IT IPO streak continued during the month of September, with Peloton, an interactive fitness platform, completing its IPO on September 29, and SmileDirectClub, a network-based provider of orthodontic aligners, on September 12. Also during the month, Progyny, a provider of fertility benefits management, filed for an initial public offering. While the volume of listings has been strong,…
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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,…
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Three venture-backed health IT companies completed IPOs in July, ending an almost three-year drought of health IT IPOs. Share prices soared following each IPO, indicative of the enthusiastic response and a desire to see more health IT companies make their way toward public debuts. Composition of revenue, gross margin, and growth are key differentiators between these and all companies and key drivers…
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