Private Equity

‘Better Systems, Better Controls and a Digitized Industry’: Analyzing PE’s Impact on Home-Based Care

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In late March, members of Congress argued fervently that private equity did not belong in health care, with senior care being a particularly egregious case of trespassing. During a special House hearing, lawmakers addressed the dangers of PE firms digging their heels deeper into the… Read More »‘Better Systems, Better Controls and a Digitized Industry’: Analyzing PE’s Impact on Home-Based Care

‘We’re a Strong Alternative to Nursing Homes’: PACE Giant InnovAge Executes $350M IPO

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InnovAge (Nasdaq: INNV), a Program of All-Inclusive Care for Elderly (PACE) provider, officially went public Thursday. Denver-based InnovAge offers one of the largest PACE programs in the U.S. The company has about 1,900 employees and serves 6,600 seniors in Colorado, New Mexico, California, Pennsylvania and… Read More »‘We’re a Strong Alternative to Nursing Homes’: PACE Giant InnovAge Executes $350M IPO

Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

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What You Should Know: – Private equity firm Advent International announced that it has completed a recapitalization of RxBenefits, the employee benefits industry’s first and only technology-enabled pharmacy benefits optimizer (PBO). – The transaction values RxBenefits at approximately $1.1 billion. Advent International (“Advent”), one of the… Read More »Tech-Enabled PBO RxBenefits Reaches $1.1B Valuation After Recapitalization

M&A: CarepathRx Acquires Pharmacy Operations of Chartwell from UPMC for $400M

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What You Should Know: – CarepathRx will acquire the University of Pittsburgh Medical Center’s pharmacy operations in a $400M deal. – The company fully integrates pharmacy operations, expands healthcare services, improves ambulatory access, minimizes clinical variation and creates new health system revenue streams. – CarepathRx… Read More »M&A: CarepathRx Acquires Pharmacy Operations of Chartwell from UPMC for $400M

Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital

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Jim Momtazee, Managing Partner at Patient Square Capital What You Should Know: – Former KKR veteran Jim Momtazee announced the launch of Patient Square Capital, a partnership being purpose-built to become the preeminent investment firm in healthcare.  – Patient Square will partner with best-in-class management… Read More »Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital

Eden Health Lands $25M to Bring On-Site and Virtual Care To Employers, Commercial Real-Estate

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What You Should Know: – Eden Health raises $25M to give employers and commercial real estate owners and operators the ability to offer medical care on-site, near-site, and virtually. – Eden’s membership model makes high-quality healthcare an affordable benefit for the average employer, with low… Read More »Eden Health Lands $25M to Bring On-Site and Virtual Care To Employers, Commercial Real-Estate

Leading During Disruption: How Synergy HomeCare’s New CEO Took Control Amid COVID-19 Chaos

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Securing stockpiles of personal protective equipment (PPE), doubling down on company-wide training efforts and implementing educational initiatives are just some of the responsibilities that home care leadership teams have taken on during the COVID-19 crisis. While most home care agencies were navigating the public health… Read More »Leading During Disruption: How Synergy HomeCare’s New CEO Took Control Amid COVID-19 Chaos