Industry Trends

Stat reports on the hack of patient information across nearly two dozen states, which Stat suggests may be "likely the largest data breach ever reported by a health care provider."

The firm's last fund raised $705 million.

Health systems that specialize in treating the most complex patients need geographic breadth since they are dealing with a small part of the population.

Digital health startups can expect fewer deals and smaller fundraising rounds this cycle, according to a new Rock Health report.

PitchBook's latest Industry Research analyst note, The Value-Based Care Enabler Landscape, goes deep on the public and VC- and PE-backed companies driving the shift toward better value healthcare.

Some startups are avoiding the inevitable (down rounds) by pursuing unlabeled raises.

Specialty health systems are expanding geographically, seeking to extend their brands and referral base while broadening their recruitment reach.

The healthcare-focused fund will continue Sheridan’s strategy of making control investments in North American founder-owned businesses with $3-20 million of EBITDA.

In recent weeks, more ransomware groups have launched attacks at health systems, and they have disrupted patient care.

The closing is a major milestone for the healthcare-focused VC firm, which is now in its 21st year of operation.