HGP Advises Chartswap in Acquisition by Ontellus

HGP Advises Chartswap in Acquisition by Ontellus

April 09, 2019

Chartswap, developer of a cloud-based HIPAA compliant Health Information Exchange connecting a network of records providers with requestors, was acquired by Ontellus, the industry leading, nationwide full-service procurer of medical, billing, employment records and other claims related data services. "Our goal at ChartSwap…

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HGP Health IT March Insights

HGP Health IT March Insights

April 01, 2019

HGP’s March Health IT Insights provides a summary of Health IT transactions, news, and public company performance during the month of March. Buyout funds were active with a number of growth transactions that reflect the very broad interest across Health IT.  Meanwhile, the market is seizing on a thesis that pharmacies can extend beyond medication dispensing and provide access to care at lower costs,…

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The Rule of 40 in HIT: Should your Company Prioritize Profitability or Growth?

The Rule of 40 in HIT: Should your Company Prioritize Profitability or Growth?

March 19, 2019

Among the venture capital and growth equity community, a common rule of thumb for software companies is the “Rule of 40”. The rule simply states that a healthy software company’s net profitability + revenue growth rate should exceed 40%. This rule provides a guideline to balance the trade-off between revenue growth and profitability, a question many of our clients frequently have. To see…

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HGP 2018 Health IT Private Equity Survey

HGP 2018 Health IT Private Equity Survey

March 05, 2019

HGP surveyed hundreds of private equity funds across all stages and received 105 responses. Responses concentrated toward Growth Equity and Venture Capital investors, who respectively invest in early and earlier stage companies. The distribution of responses across the stages of investing is consistent with the distribution of investment activity across the company lifecycle. The majority of institutionally…

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HGP Health IT February Insights

HGP Health IT February Insights

March 04, 2019

HGP’s February Health IT Insights provides a summary of Health IT transactions, news, and public company performance during the month of February. Government influence in HIT showed no signs of abating during the month, with the introduction of new mandates and payment models, including HHS’s new interoperability standards and reimbursement programs for medical transportation. Now merged with Aetna,…

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HGP Health IT January Insights

HGP Health IT January Insights

February 05, 2019

In mid-January, HGP released its year-end Health IT Market Review, which included findings from our latest bi-annual Health IT Private Equity Survey.  Among the feedback from the 100+ funds that responded to the survey, investors scored Payers and Employers as the most attractive end-market, taking over the top spot…

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Private equity interest in health IT is showing no signs of slowing: survey

Private equity interest in health IT is showing no signs of slowing: survey

January 31, 2019

By all measures, the private equity healthcare industry, as a whole, is booming, and overwhelmingly, private equity investors are saying that their healthcare IT investment strategy is proving to be a sound one. Only 5 percent of private equity investors who participated in a recent Healthcare Growth Partners’ (HGP) survey said that their health IT investments are not meeting their investment expectations. 

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HGP Releases its January 2019 Semi-Annual Health IT Market Review

HGP Releases its January 2019 Semi-Annual Health IT Market Review

January 16, 2019

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 findings from HGP’s bi-annual Health IT Private Equity Survey, which encompasses feedback from 105 private equity funds with their sentiment…

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HGP Health IT December Insights

HGP Health IT December Insights

January 02, 2019

The ground shook in December with market volatility and multiple billion-dollar transactions in the Health IT sector.  The end of the year was marked with stock swings that ultimately left major indexes down 5.6% for the Dow Industrials, 6.2% for the S&P 500, and 3.9% for the NASDAQ.  Heading into 2019, the markets are watching for both signs of a recession, which has a statistically low, but meaningful,…

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