Health Enterprise Partners (HEP) is a private equity firm based in New York, founded in 2007. The firm specializes in growth equity investments in the healthcare sector, particularly focusing on healthcare services and information technology. HEP primarily targets companies that serve hospital systems and health plans, aiming to enhance the efficiency and effectiveness of healthcare delivery through technology-enabled solutions. The firm's investment strategy emphasizes sectors such as healthcare technology and technology-enabled services, positioning it as a key player in the evolving healthcare landscape.
NOCD Inc. is a Chicago-based company that operates a mobile application designed to connect individuals with obsessive-compulsive disorder (OCD) to licensed mental health practitioners. Founded in 2014, the platform leverages cognitive behavioral therapy techniques, specifically exposure and response prevention exercises, to help users manage their symptoms. The application facilitates face-to-face video therapy sessions with therapists who specialize in OCD, while also providing 24/7 support through self-help tools and peer communities. NOCD aims to enhance the treatment experience for OCD patients by offering clinically supported resources and a comprehensive online platform dedicated to treatment and self-monitoring.
Toney Healthcare Consulting
Private Equity Round in 2022
Toney Healthcare Consulting is a clinically oriented consulting firm that specializes in providing regulatory and advisory services to healthcare organizations. The company focuses on various aspects of healthcare management, including strategy development, compliance with regulatory standards, quality assurance, and accreditation processes. Toney Healthcare Consulting also offers clinical operations support and staff augmentation, ensuring that clients receive the necessary leadership and expertise to enhance their operational efficiency. Through its comprehensive services, the firm aims to help healthcare organizations achieve sustainable success and realize their full potential.
Alivia Analytics
Private Equity Round in 2022
Alivia Analytics specializes in providing AI-driven payment integrity solutions tailored for healthcare claim payers and processors. The company utilizes advanced machine learning and predictive modeling techniques to address the payment integrity challenges encountered by both public and private insurers, as well as third-party claims administrators. By focusing on identifying errors and uncovering fraud, waste, and abuse in healthcare claims payment operations, Alivia Analytics enables its clients to achieve significant improvements in process efficiency and enhances their ability to detect improper claims at unprecedented levels.
PatientIQ
Series B in 2022
PatientIQ is a Chicago-based company that provides a cloud-based platform designed to enhance healthcare delivery through improved patient outcomes. Established in 2016, the platform automates the collection of patient-reported outcomes (PRO) and integrates clinical data from electronic health records. By offering advanced analytics and patient engagement technology, PatientIQ enables healthcare providers, industry partners, and researchers to collaborate more effectively. This integration facilitates the delivery of insights that support better patient care and treatment, ultimately aiming to foster an ecosystem focused on improving health outcomes.
Proven Behavior Solutions
Private Equity Round in 2022
Proven Behavior Solutions is dedicated to enhancing the lives of children, adolescents, and young adults affected by Autism Spectrum Disorder (ASD). The company specializes in a range of therapeutic services, including applied behavior analysis (ABA) therapy, speech-language therapy, occupational therapy, and special education advocacy. Additionally, it offers assistive technology to support its patients, focusing on effective treatment for those with acute autism disabilities. Through its comprehensive approach, Proven Behavior Solutions aims to provide tailored support to improve functional skills and overall quality of life for individuals on the autism spectrum.
Wildflower Health
Venture Round in 2022
Wildflower Health, Inc. is a health engagement platform based in San Francisco, California, that provides smartphone-based health programs aimed at connecting healthcare payers with families across the United States. Founded in 2012, the company offers a maternity program called Due Date Plus, which addresses engagement challenges by assisting women in early pregnancy and facilitating connections with care managers. Additionally, Wildflower Health provides GROW, a family health program that focuses on mothers and encompasses pediatric and family health. Its platform delivers personalized health milestones based on age and gender, along with resources such as on-device messaging, appointment reminders, health risk assessments, and provider referrals. By utilizing user-centered design and technology, Wildflower Health aims to empower families to make informed healthcare decisions and support their individual health needs over time.
NOCD
Series B in 2021
NOCD Inc. is a Chicago-based company that operates a mobile application designed to connect individuals with obsessive-compulsive disorder (OCD) to licensed mental health practitioners. Founded in 2014, the platform leverages cognitive behavioral therapy techniques, specifically exposure and response prevention exercises, to help users manage their symptoms. The application facilitates face-to-face video therapy sessions with therapists who specialize in OCD, while also providing 24/7 support through self-help tools and peer communities. NOCD aims to enhance the treatment experience for OCD patients by offering clinically supported resources and a comprehensive online platform dedicated to treatment and self-monitoring.
Kno2
Series A in 2021
Kno2 is a developer of a cloud-based health information platform that facilitates the electronic exchange of patient information. The platform is designed to organize, manage, share, and capture unstructured patient data from various sources, including paper documents, faxes, and digital images. By converting this information into the appropriate format, Kno2 ensures that healthcare providers can access it through patient portals. This capability enables providers to make timely and critical medical decisions, improving patient care and streamlining healthcare communication.
Aware Recovery Care
Private Equity Round in 2021
Aware Recovery Care is a healthcare company that specializes in in-home addiction treatment services, employing a unique model designed to assist individuals, particularly young adults, struggling with substance use disorders. The company provides a comprehensive range of home-based care options, including in-home withdrawal management, medication-assisted treatment, individual and family therapy, and integrated medical and behavioral healthcare. This innovative approach allows patients to seek recovery in a familiar environment, enhancing their overall health and wellness. By transforming the home into a supportive treatment center, Aware Recovery Care delivers collaborative care that incorporates lived experiences, ensuring that individuals receive effective and personalized support on their journey to recovery.
NOCD
Series A in 2020
NOCD Inc. is a Chicago-based company that operates a mobile application designed to connect individuals with obsessive-compulsive disorder (OCD) to licensed mental health practitioners. Founded in 2014, the platform leverages cognitive behavioral therapy techniques, specifically exposure and response prevention exercises, to help users manage their symptoms. The application facilitates face-to-face video therapy sessions with therapists who specialize in OCD, while also providing 24/7 support through self-help tools and peer communities. NOCD aims to enhance the treatment experience for OCD patients by offering clinically supported resources and a comprehensive online platform dedicated to treatment and self-monitoring.
Access Physicians
Series A in 2019
Access Physicians is a multispecialty physician group specializing in inpatient telemedicine, founded in 2011 and headquartered in Dallas, Texas. The organization addresses the issue of limited access to healthcare by connecting patients with specialist physicians through an innovative telemedicine platform. This service allows physicians to extend their reach, providing coverage for various medical needs, including hospitalist services and tele-ICU support. By enhancing the existing workforce of health facilities, Access Physicians aims to improve patient care and ensure that more individuals receive timely and comprehensive medical attention. Their commitment to clinical excellence is complemented by efficient clinical workflows and a focus on delivering a high-quality telemedicine experience.
Twistle
Series A in 2019
Twistle, Inc. operates a patient engagement platform designed to enhance communication between healthcare providers and patients, facilitating faster recovery. Founded in 2011 and headquartered in Seattle, Washington, the platform automates care plan management by monitoring patient care pathways and engaging healthcare teams only when necessary. It offers tools for secure automated messaging, photo and lab sharing, surveys, and integration with electronic health records (EHRs) and smart devices. By enabling medical practitioners to efficiently collect patient data and respond to concerns, Twistle aims to improve patient outcomes, reduce healthcare costs, and streamline clinical workflows. The company was initially incorporated in 2010 and has since focused on delivering a comprehensive solution for personalized patient engagement.
AllyAlign Health
Corporate Round in 2019
AllyAlign Health operates as a care management company dedicated to supporting patients with chronic and complex medical conditions. Founded in 2013 and based in Glen Allen, Virginia, the company offers an active care management platform that facilitates real-time, collaborative care across various boundaries. This platform connects patients with care teams, providers, and community-based services, ensuring access to essential health information, care plans, and benefits necessary for informed decision-making. Users can easily view, share, create, and update information according to their roles and responsibilities, with mobile and web-based options enhancing accessibility for patients and their families. A central, HIPAA-compliant database consolidates information from multiple sources, including electronic health records and lab tests, while semantic data modeling provides meaningful clinical insights.
Bardy Diagnostics
Series B in 2019
Bardy Diagnostics, Inc. is a medical device company that specializes in the development and manufacturing of cardiac monitoring solutions, primarily focused on arrhythmia detection. Its flagship product, the Carnation Ambulatory Monitor (CAM), is a lightweight, discreet cardiac patch that can be worn comfortably for up to seven days, even during physical activities like exercise or showering. The CAM is designed with a unique hourglass shape to enhance comfort, particularly for female patients. Complementing the monitor is the BDxCONNECT patient management system, which allows healthcare providers to create and manage patient reports efficiently. By utilizing innovative P-wave centric ECG detection technology, Bardy Diagnostics aims to improve clinical management and outcomes for patients and their physicians. Founded in 2013, the company is headquartered in Seattle, Washington, with additional offices in Houston, Texas, and New Providence, New Jersey.
Payer Compass
Private Equity Round in 2019
Payer Compass, LLC is a healthcare technology company based in Plano, Texas, founded in 2013. It specializes in healthcare reimbursement, cost containment, and price transparency solutions. The company offers a suite of products including VISIUM, a healthcare pricing engine and contract management solution; BENCHMARK, a data and analytics reporting tool; NAVIGATOR, a patient advisory solution; and INNOVATE360, which focuses on reference-based pricing and reimbursement. Payer Compass serves a diverse clientele, including self-insured employers, third-party administrators, Medicare Advantage plans, and claim auditors. Its services also encompass patient advocacy, balance billing support, and accredited care management, making it a trusted partner for health plans and providers in managing claim flows and optimizing healthcare costs.
Jvion
Private Equity Round in 2019
Jvion helps healthcare systems and providers prevent harm and lower costs through its AI-enabled prescriptive analytics solution. An industry first, the Jvion Machine goes beyond simple predictive analytics to identify patients on a trajectory to becoming high risk and for whom intervention will likely be successful. It determines the interventions that will effectively reduce risk and enable clinical action, and it accelerates time to value by leveraging established patient-level intelligence. Jvion was founded in 2011 and is headquartered in Johns Creek, Georgia.
AxiaMed
Private Equity Round in 2018
AxiaMed is a healthcare payment technology company based in Santa Barbara, California, founded in 2013. It specializes in developing secure payment integration solutions that enhance the financial performance of healthcare providers. AxiaMed offers a comprehensive platform that integrates with electronic health records (EHRs), practice management systems, and revenue cycle management applications, facilitating seamless payment processing across the healthcare ecosystem. By partnering with independent software vendors (ISVs), the company provides a single API that supports various payment methods and transaction types. This integration allows healthcare providers to expand payment options for patients, streamline administrative workflows, and reduce instances of bad debt, ultimately improving the overall efficiency and effectiveness of financial operations within the healthcare sector.
Wildflower Health
Series C in 2018
Wildflower Health, Inc. is a health engagement platform based in San Francisco, California, that provides smartphone-based health programs aimed at connecting healthcare payers with families across the United States. Founded in 2012, the company offers a maternity program called Due Date Plus, which addresses engagement challenges by assisting women in early pregnancy and facilitating connections with care managers. Additionally, Wildflower Health provides GROW, a family health program that focuses on mothers and encompasses pediatric and family health. Its platform delivers personalized health milestones based on age and gender, along with resources such as on-device messaging, appointment reminders, health risk assessments, and provider referrals. By utilizing user-centered design and technology, Wildflower Health aims to empower families to make informed healthcare decisions and support their individual health needs over time.
Bardy Diagnostics
Series A in 2017
Bardy Diagnostics, Inc. is a medical device company that specializes in the development and manufacturing of cardiac monitoring solutions, primarily focused on arrhythmia detection. Its flagship product, the Carnation Ambulatory Monitor (CAM), is a lightweight, discreet cardiac patch that can be worn comfortably for up to seven days, even during physical activities like exercise or showering. The CAM is designed with a unique hourglass shape to enhance comfort, particularly for female patients. Complementing the monitor is the BDxCONNECT patient management system, which allows healthcare providers to create and manage patient reports efficiently. By utilizing innovative P-wave centric ECG detection technology, Bardy Diagnostics aims to improve clinical management and outcomes for patients and their physicians. Founded in 2013, the company is headquartered in Seattle, Washington, with additional offices in Houston, Texas, and New Providence, New Jersey.
Catapult Health
Series B in 2016
Catapult Health, LLC, established in 2010 and based in Dallas, Texas, specializes in providing worksite preventive checkup services. The company offers comprehensive checkups that include diagnostic blood work, personalized health reports, and private consultations with licensed nurse practitioners. By utilizing on-site diagnostic testing and a virtual check-up platform, Catapult Health helps identify health risks such as diabetes, hypertension, and heart disease. This approach not only enhances patient engagement but also significantly reduces healthcare costs for both employees and employers, making preventive healthcare more accessible.
SHYFT Analytics
Series B in 2016
SHYFT Analytics, Inc. specializes in providing cloud-based data management and analytics solutions tailored for the life sciences industry, both in the United States and internationally. The company’s platform integrates clinical and commercial data, enabling life sciences organizations to derive patient-centric intelligence and analytics. This functionality supports various operational needs, including sales strategies, market access, and product launches, effectively shortening development cycles and enhancing the likelihood of successful commercialization. SHYFT offers specialized solutions such as sales insights, market intelligence for product launches, and integrated data for rare diseases. The organization also provides services in launch and commercial analytics, clinical operations, and insight-driven design. Founded in 2002 and based in Waltham, Massachusetts, SHYFT operates as a subsidiary of Medidata Solutions and has a strategic partnership with PAREXEL International.
Evariant
Series C in 2016
Evariant, Inc. is a healthcare technology company based in Farmington, Connecticut, founded in 2008. It provides a comprehensive platform designed to assist healthcare organizations in optimizing patient acquisition and retention while improving engagement with both patients and physicians. Evariant's solutions include tools for understanding patient demographics, managing marketing campaigns, and fostering two-way communication. The company offers a range of services, including analytics for tracking physician referral patterns, relationship management platforms for collaboration with healthcare providers, and recruitment tools for enhancing physician outreach. Additionally, Evariant provides digital media services, project management consulting, and a marketplace for healthcare analytics products. With a strong client base that includes over 1,000 hospitals nationwide, Evariant aims to drive growth and improve healthcare delivery by leveraging actionable intelligence and advanced data analytics.
Jet Health
Series A in 2016
JET Health Solutions is a healthcare technology company focused on providing smart solutions for healthcare payers across the country. Our flagship product, JET Insure, is a quote-to-card (Q2C) insurance automation platform that provides individual/family plans, group plans, stop-loss/self-funded options, and specialty products on a single, cloud-based solution.
Applied Pathways
Series A in 2016
Applied Pathways LLC specializes in cloud-based technology that assists healthcare organizations in managing evidence-based and knowledge-based processes. Founded in 2010 and located in Schaumburg, Illinois, the company provides a visual development platform that allows non-technical users, such as subject matter experts and business analysts, to collaboratively create and implement care pathways and decision support tools. Their platform addresses the need for quality management and process improvement by enabling the development and deployment of rules-based applications and training materials. This technology is designed to help academic medical centers, health systems, accountable care organizations, and other healthcare entities eliminate unwanted variance in care, thereby improving quality and reducing costs. As of 2017, Applied Pathways operates as a subsidiary of American Imaging Management, Inc.
Evariant
Series C in 2015
Evariant, Inc. is a healthcare technology company based in Farmington, Connecticut, founded in 2008. It provides a comprehensive platform designed to assist healthcare organizations in optimizing patient acquisition and retention while improving engagement with both patients and physicians. Evariant's solutions include tools for understanding patient demographics, managing marketing campaigns, and fostering two-way communication. The company offers a range of services, including analytics for tracking physician referral patterns, relationship management platforms for collaboration with healthcare providers, and recruitment tools for enhancing physician outreach. Additionally, Evariant provides digital media services, project management consulting, and a marketplace for healthcare analytics products. With a strong client base that includes over 1,000 hospitals nationwide, Evariant aims to drive growth and improve healthcare delivery by leveraging actionable intelligence and advanced data analytics.
InDemand Interpreting
Venture Round in 2015
InDemand Interpreting is a medical interpretative service company that specializes in bridging the language gap for patients with limited English proficiency as well as deaf and hard-of-hearing individuals. Founded in 2007, the company has pioneered the use of video remote interpreting technology in the healthcare sector. It employs nationally certified medical interpreters who facilitate communication during healthcare encounters through various modalities, including video remote, in-person, and phone services. InDemand Interpreting implements a customized five-point process to enhance the language services programs of healthcare facilities, ensuring that they effectively meet the communication needs of an increasingly diverse patient population.
Privia Health
Private Equity Round in 2014
Privia Health, LLC is a physician practice management and population health technology company based in Arlington, Virginia, founded in 2007. The company partners with medical groups, health plans, and health systems to enhance physician practices and improve patient experiences. Privia Health offers a cloud-based technology platform designed to optimize healthcare delivery and promote patient engagement. Its services include a high-performance physician group, an accountable care organization, and population health management programs, all aimed at aligning reimbursements with quality outcomes. By focusing on both in-person and virtual care settings, Privia Health seeks to reduce unnecessary healthcare costs and improve patient health and provider well-being. The company maintains strategic alliances with organizations such as Premier Medical Group and Children’s Health, emphasizing its commitment to fostering a healthier patient population through innovative solutions.
HealthQx
Series A in 2014
HealthQX, founded in 2012 and based in King of Prussia, Pennsylvania, specializes in value-based payment analytic software solutions tailored for health plans and providers. The company's primary offering, ClarityQx, is a comprehensive analytics platform designed to facilitate the design, implementation, and ongoing performance monitoring of various payment models, including episodic, bundled, and accountable care arrangements. This platform provides users with drill-down dashboards that enhance provider engagement and streamline contract negotiation processes. By enabling quick access to critical payment analytics, HealthQX aims to improve consumer care and reduce medical costs within the healthcare industry.
AllyAlign Health
Private Equity Round in 2014
AllyAlign Health operates as a care management company dedicated to supporting patients with chronic and complex medical conditions. Founded in 2013 and based in Glen Allen, Virginia, the company offers an active care management platform that facilitates real-time, collaborative care across various boundaries. This platform connects patients with care teams, providers, and community-based services, ensuring access to essential health information, care plans, and benefits necessary for informed decision-making. Users can easily view, share, create, and update information according to their roles and responsibilities, with mobile and web-based options enhancing accessibility for patients and their families. A central, HIPAA-compliant database consolidates information from multiple sources, including electronic health records and lab tests, while semantic data modeling provides meaningful clinical insights.
SHYFT Analytics
Series A in 2013
SHYFT Analytics, Inc. specializes in providing cloud-based data management and analytics solutions tailored for the life sciences industry, both in the United States and internationally. The company’s platform integrates clinical and commercial data, enabling life sciences organizations to derive patient-centric intelligence and analytics. This functionality supports various operational needs, including sales strategies, market access, and product launches, effectively shortening development cycles and enhancing the likelihood of successful commercialization. SHYFT offers specialized solutions such as sales insights, market intelligence for product launches, and integrated data for rare diseases. The organization also provides services in launch and commercial analytics, clinical operations, and insight-driven design. Founded in 2002 and based in Waltham, Massachusetts, SHYFT operates as a subsidiary of Medidata Solutions and has a strategic partnership with PAREXEL International.
Sapphire Digital
Series C in 2013
Vitals, now known as Sapphire Digital, is a health care technology company founded in 2007 and headquartered in Lyndhurst, New Jersey, with additional offices in New York, Oklahoma, and New Hampshire. The company specializes in developing solutions that aim to lower health care costs for consumers, employers, and health plans. Its primary offering is an engagement and shopping platform designed to help users navigate health care options effectively. Key features include CareSelect, which assists in locating care and understanding costs; SmartShopper, which incentivizes employees to choose high-quality, cost-effective care; and MEG, which provides quality scores for surgeons and facilities. Additionally, Sapphire 360 enables health plans to negotiate competitive rates and manage expenses through data analytics. Each year, over 280 million individuals utilize these services to make informed health care decisions.
Nordic
Funding Round in 2013
Based in Madison, Wisconsin, Nordic is the largest consulting practice specializing in Epic software, providing electronic health record (EHR) consulting services to healthcare organizations. Founded in 2010, the company has established itself as an industry leader, consistently earning the top ranking by KLAS for Epic Implementation Support and Staffing since the report's inception in 2012. In the latest Best in KLAS Report, Nordic was recognized as the Category Leader in the "Other Implementation" category, which encompasses services related to revenue cycle, integration, lab, and reporting. With a client base exceeding 125 organizations across 40 states, Nordic collaborates with over a third of Epic's clientele, demonstrating its significant impact and expertise in the healthcare technology sector.
ContinuumRX
Venture Round in 2012
ContinuumRx, Inc. is a provider of specialty home infusion therapies and services, focusing on short and long-term intravenous antibiotic treatments and enteral nutrition for patients with various medical conditions, including cancer, cardiovascular diseases, and organ transplants. The company also offers parenteral nutrition for individuals with non-functioning or removed stomachs and intestines, as well as intravenous immunoglobulin therapy and heart failure management services. Based in Birmingham, Alabama, with additional locations in Knoxville and Nashville, Tennessee, ContinuumRx collaborates with leading health systems to enhance home infusion and specialty pharmacy services, aiming to improve post-acute-care coordination and patient outcomes. By integrating its services with healthcare providers, ContinuumRx seeks to streamline care transitions, reduce unnecessary hospital readmissions, and lower overall healthcare costs.
Nordic
Venture Round in 2012
Based in Madison, Wisconsin, Nordic is the largest consulting practice specializing in Epic software, providing electronic health record (EHR) consulting services to healthcare organizations. Founded in 2010, the company has established itself as an industry leader, consistently earning the top ranking by KLAS for Epic Implementation Support and Staffing since the report's inception in 2012. In the latest Best in KLAS Report, Nordic was recognized as the Category Leader in the "Other Implementation" category, which encompasses services related to revenue cycle, integration, lab, and reporting. With a client base exceeding 125 organizations across 40 states, Nordic collaborates with over a third of Epic's clientele, demonstrating its significant impact and expertise in the healthcare technology sector.
Privia Health
Series B in 2012
Privia Health, LLC is a physician practice management and population health technology company based in Arlington, Virginia, founded in 2007. The company partners with medical groups, health plans, and health systems to enhance physician practices and improve patient experiences. Privia Health offers a cloud-based technology platform designed to optimize healthcare delivery and promote patient engagement. Its services include a high-performance physician group, an accountable care organization, and population health management programs, all aimed at aligning reimbursements with quality outcomes. By focusing on both in-person and virtual care settings, Privia Health seeks to reduce unnecessary healthcare costs and improve patient health and provider well-being. The company maintains strategic alliances with organizations such as Premier Medical Group and Children’s Health, emphasizing its commitment to fostering a healthier patient population through innovative solutions.
Evariant
Series A in 2011
Evariant, Inc. is a healthcare technology company based in Farmington, Connecticut, founded in 2008. It provides a comprehensive platform designed to assist healthcare organizations in optimizing patient acquisition and retention while improving engagement with both patients and physicians. Evariant's solutions include tools for understanding patient demographics, managing marketing campaigns, and fostering two-way communication. The company offers a range of services, including analytics for tracking physician referral patterns, relationship management platforms for collaboration with healthcare providers, and recruitment tools for enhancing physician outreach. Additionally, Evariant provides digital media services, project management consulting, and a marketplace for healthcare analytics products. With a strong client base that includes over 1,000 hospitals nationwide, Evariant aims to drive growth and improve healthcare delivery by leveraging actionable intelligence and advanced data analytics.
MobileMD
Series A in 2010
MobileMD is a prominent health information exchange (HIE) provider that specializes in delivering real-time clinical and administrative information to health systems, hospitals, physicians, and accountable care organizations (ACOs). Utilizing a software-as-a-service (SaaS) platform, MobileMD facilitates seamless connections and information exchange, regardless of the location, affiliation, or electronic medical record (EMR) system in use. The company is recognized for its innovative 4D health information exchange, which incorporates the 4DX Intelligence Engine Network to effectively manage the technical, legal, and business challenges associated with integrating diverse health entities. Through its solutions, MobileMD aims to enhance communication and improve healthcare delivery across the network of providers.
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