received funding from 2022

Situational Overview

Alivia provides a next-generation technology platform ensuring the accuracy of healthcare payments and leading the fight against fraud, waste, abuse and error in healthcare claims. The Company was seeking partners to provide capital and talent to reach the next level of success, expand its mission of providing superb technological innovation, and outstanding customer service.

HGP Value Add

HGP facilitated the investment and partnership process between Alivia, Health Enterprise Partners and Council Capital to establish the company’s market leadership position in payment integrity and to provide liquidity to Alivia's investors. The industry veteran Michael Taylor, MD, an Executive-in-Residence at the firms who assisted with the search for a leading company in the payment integrity and fraud, waste and abuse space, joins as the Chief Executive Officer.

received funding from 2019

Situational Overview

Clearwave is a leading provider of digital check-in, insurance eligibility, and patient payments solutions to health systems and physician practices.

HGP Value Add

HGP ran a competitive auction process to provide liquidity to Clearwave’s investors by partnering with a top tier investor to further the company’s market leadership position in patient registration.

received funding from 2016

Situational Overview

InformedDNA is a genetic counseling and utilization management business serving the payor market. InformedDNA engaged HGP to assist with a capital raise with a focus on strategic investors.

HGP Value Add

HGP contacted multiple strategic investors and ultimately structured a combined commercial and investment partnership with Anthem.

received funding from 2016

Situational Overview

Lightbeam is a population health management software vendor that HGP supported through multiple rounds of institutional and strategic capital.

HGP Value Add

HGP served as strategic advisor in Lightbeam's capital raise from the Corporate Venture Capital arm of Hearst Corporation.

received funding from 2016

Situational Overview

Vivify is a remote patient monitoring vendor serving health systems and payors which engaged HGP to raise strategic capital.

HGP Value Add

HGP served as long-term strategic advisor, supporting the company through multiple institutional and strategic capital raises, including an investment from UPMC.

received funding from 2015

Situational Overview

HGP served as a long-term strategic advisor to ClockwiseMD, a self-scheduling and queue management vendor serving healthcare providers.

HGP Value Add

HGP introduced and supported a proprietary investment from Martin Ventures, the investment firm run by Vanguard Health founder, Charlie Martin.

received funding from 2015

Situational Overview

Sentry is a software vendor serving hospital-based pharmacies which engaged HGP as a strategic advisor to support long-term valuation creation.

HGP Value Add

HGP served as strategic advisor, recruited board members, and helped the company plan and position for a transaction, resulting in a recap with ABRY Partners.

received funding from Strategic Investor 2015

Situational Overview

Lightbeam is a population health management software vendor that HGP supported through multiple rounds of institutional and strategic capital.

HGP Value Add

HGP served as strategic advisor in Lightbeam's capital raise from an undisclosed strategic investor.

has invested in 2015

Situational Overview

ZirMed is a privately-held revenue cycle claims and analytics vendor backed by Sequoia Capital. HGP was approached by Generation Partners to support a $25mm growth equity investment in ZirMed.

HGP Value Add

HGP provided market perspective that served as the formation of the investment thesis and performed valuation analyses. HGP leveraged a pre-existing relationship with ZirMed to streamline a smooth negotiation between the two parties.

has been recapitalized by 2015

Situational Overview

Keais is a medical record retrieval vendor serving insurance carriers and law firms.

HGP Value Add

HGP intermediated a proprietary recapitalization transaction between Keais and The CapStreet Group, which addressed the unique needs of the Keais shareholder base.

received funding from 2014

Situational Overview

Vivify is a remote patient monitoring vendor serving health systems and payors which engaged HGP to raise strategic capital.

HGP Value Add

HGP served as long-term strategic advisor, supporting the company through multiple institutional and strategic capital raises, including an investment from LabCorp and Envision Health.

received funding from 2014

Situational Overview

Array Health is a health insurance exchange software vendor serving health plans and employers. Angel funded to date, the company approached HGP to advise on first round institutional capital.

HGP Value Add

HGP advised the company through a highly competitive auction process that resulted in a $13mm capital raise led by Noro-Moseley Partners with participation from VoCap Partners and Highmark.

received funding from 2014

Situational Overview

Livongo is a diabetes care management company serving employers & payers. Previously funded by angels, Livongo (fka, Eos Health) sought first round institutional capital to accelerate growth.

HGP Value Add

HGP leveraged existing relationships with Livongo (Eos Health) and 7wire to facilitate a seamless transaction with General Catalyst, which led to subsequent investments from Humana, Merck GHI, and Kleiner Perkins.

received funding from 2014

Situational Overview

HGP Value Add

received funding from 2013

Situational Overview

Livongo (fka, Eos) is a diabetes care management company serving employers & payers. Previously funded by angels, Livongo sought first round institutional capital to accelerate growth.

HGP Value Add

HGP leveraged existing relationships with Livongo (Eos Health) and 7wire to facilitate a seamless transaction, which led to subsequent investments from General Catalyst, Humana, Merck GHI, and Kleiner Perkins.

received funding from 2013

Situational Overview

HGP Value Add

received funding from 2013

Situational Overview

Vivify is a remote patient monitoring vendor serving health systems and payors which engaged HGP to raise strategic capital.

HGP Value Add

HGP served as long-term strategic advisor, supporting the company through multiple institutional and strategic capital raises, including an investment from Heritage Group and Ascension Ventures.

received funding from 2012

Situational Overview

DocuTAP is a software vendor initially serving urgent care with subsequent expansion into the retail/telemedicine market. DocuTAP approached HGP to assess all strategic alternatives.

HGP Value Add

HGP initiated a strategic review which led to a competitive capital raise process that was completed in less than 4-months with multiple competing bids, ultimately resulting the 2016 sale of DocuTAP to Warburg Pincus.

received funding from 2011

Situational Overview

HGP Value Add

received funding from 2011

Situational Overview

HGP Value Add

received funding from 2010

Situational Overview

HGP Value Add

received funding from 2010

Situational Overview

HGP Value Add

received funding from 2009

Situational Overview

HGP Value Add