Healthcare IT

Big Health System Deals Dominate Transactions in October-The announced merger of two major Texas health systems is October’s deal-of-the-month.

What to Expect in a Due Diligence Process – Episode 7 of Provident’s Healthcare Dealcast

INSIGHT: Long-Term Care Consolidations Lead Third Quarter Health Transactions – The breakneck pace of healthcare transactions continued unabated in the third quarter.

What are the key financial factors to focus on when undergoing a process?– Episode 6 of Provident’s Healthcare Dealcast

Q3-2018 Healthcare IT Update– While start up funding has continued to accelerate, already surpassing the 2017 funding total of $5.7B, merger and acquisition activity has remained stagnant. As some of these early stage companies begin to mature, Provident expects the number of exits to drastically increase, providing ample investment opportunity for both strategic and private equity investors.

Private Equity Investment in Health Care Stays Strong – Private equity investment is burgeoning throughout the U.S., and health care is one of the “in” targets for investors.

What is Private Equity?– Episode 4 of Provident’s Healthcare Dealcast

Health IT Sector Showing High Potential for Accelerated Growth – The health information technology sector is poised to become the next big thing for investors in the health-care industry. The physician practices sector experienced the second-highest growth in July, with an emphasis on certain medical practice areas.

INSIGHT: Strong Health-Care Deal Activity Seen in 2018’s First Half– The first half of 2018 saw a strong wave of M&A and deal making activity across nearly all sectors of the U.S. healthcare industry. The second half of 2018 likely will be just as robust.

What Types of Transactions Could be Right for my Healthcare Services Business?– Episode 3 of Provident’s Healthcare Dealcast

Why Is Healthcare Consolidating?– Episode 1 of Provident’s Healthcare Dealcast

Q2-2018 Healthcare IT Update-With the growing transition towards value-based care and need for IT infrastructure across the industry, consolidators and investors are continuing to target Healthcare Information Technology (HCIT) companies, through mergers and acquisitions, as they seek more effective approaches to patient engagement solutions.

Long-Term Care Deals Outpace Other Health-Care Sectors in May– Over 90 deals across many sectors of the health-care industry made May another strong month for transactions in this hot industry sector.

Q1-2018 Healthcare IT Update– Healthcare IT remained one of the most active sectors in healthcare from an M&A standpoint, as investors and strategic consolidators sought partnerships across a number of different service lines.

Amazon Deal Brightens Blasé January Health Transactions Landscape – The late January announcement that Amazon.com Inc., BerkshireHathaway Inc., and JPMorgan Chase & Co. plan to join forces to meet their employees’ health-care needs created a lot of health-care industry dealmaking buzz in a month that was otherwise on the quiet side.

Q4-2017 Healthcare IT Update– Deal flow in the healthcare IT sector finished the year strong as strategic acquirers and private equity investors turned their attention to specialty-specific software solutions.

Q3-2017 Healthcare IT Update– Strong deal flow in the healthcare IT sector persisted in the third quarter as strategic acquirers and private equity groups sought out providers of data analytics and EHR systems.

Annual Healthcare and Life Sciences Private Equity and Finance Conference – Steven Aguiar will be attending the 16th Annual Healthcare and Life Sciences Private Equity and Finance Conference February 20-21 in Chicago.

Intelemage, a global pioneer in medical image sharing and workflow management, has been acquired by Medidata. Medidata plans to integrate Intelemage’s technology into the Medidata Clinical Cloud®, its industry-leading SaaS platform. This will offer customers an end-to-end solution to capture, manage, and analyze medical imaging data.

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”