PE Investors Home in on Value-Based Healthcare Deals in Q1

Healthcare deals among private equity firms hit the ground running in the first quarter of this year, PitchBook reports.

Despite the common notion that the healthcare industry lags a decade or more behind other sectors in terms of financial services and digital capabilities, the landscape for many healthcare IT products remains extremely competitive, according to PitchBook’s latest US PE Breakdown.

Q1 2022 was headlined by the $17 billion buyout of Athenahealth by Hellman & FriedmanBain Capital and other investors, as well as Clearlake‘s rollover of Symplr, a healthcare governance, risk and compliance company. Read more.

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Feds Shut Down Missouri Christian Nonprofit that was Supposed to Cover Medical Bills

Since its creation in 2013, Medical Cost Sharing has — by the government’s estimates, based on access to its financial records — collected roughly $7.5 million in membership fees from members around the country. But over that time, an estimated $246,000 — or 3.5% of money collected — actually went toward sharing the cost of health care bills.