Novant Health

Novant Health is a comprehensive health system comprising physician practices, hospitals, and outpatient centers that aims to deliver a high-quality healthcare experience. It leverages technology, personal connections, and accessible care to support patients throughout their health journey and wellness goals. The system provides a broad range of medical services, including pediatric care, across its network.

Andrea M. Areskog

Senior Director, Value Based Care Operations

R. Henry Capps

Senior Vice President and COO of Medical Group

Karl Hightower

Chief Data Officer - SVP Data Products and Services

Dean Swindle

Vice President and President

7 past transactions

Uci Medical Affiliates

Acquisition in 2024
UCI Medical Affiliates specializes in providing non-medical management and administrative services to medical centers. Its offerings include doctors' care and progressive physical therapy services.

Capital Rx

Series D in 2023
Founded in 2017, Capital Rx operates as a pharmacy benefit manager, overseeing self-insured prescription plans for employers, unions, and government entities. Its platform improves administrative workflows, clinical oversight, claim processing, and coordination between patients and providers by managing prescription drug claims on behalf of users and their plan sponsors.

Lake Norman Regional Medical Center

Acquisition in 2023
Lake Norman Regional Medical Center operates a comprehensive medical center serving the Lake Norman area, Iredell and surrounding counties. It provides 24/7 emergency medicine and a wide range of specialties, including cardiology, oncology, orthopedics, and outpatient surgery, along with a center for surgical weight loss. The center also offers maternity and women's services and maintains advanced technology to support high-level clinical care. By delivering integrated services across acute, preventive and diagnostic care, the organization aims to meet the medical needs of residents in the greater Lake Norman region.

Davis Regional Medical Center

Acquisition in 2023
Davis Regional Medical Center is a healthcare provider offering a range of medical services. It specializes in behavioral health services, general surgery, orthopedics, diagnostics, emergency medical care, obstetrics, surgical procedures, outpatient tests, bariatric care, heart care, maternity care, and pharmacy services. The center is equipped to handle various medical needs, from routine check-ups to specialized treatments.

MedQuest Associates

Private Equity Round in 2023
MedQuest Associates is a prominent operator and manager of outpatient diagnostic imaging centers, boasting a network of nearly 50 facilities across five states. The company specializes in a diverse array of diagnostic procedures, including MRI, CT scans, X-rays, and ultrasound, focusing on improving patient access to imaging services in non-hospital settings. MedQuest collaborates with healthcare systems to streamline radiology services, offering comprehensive management of daily operations such as marketing, billing, and collections. By establishing partnerships with hospitals and health systems, MedQuest aims to enhance operational efficiency and maintain strong relationships with referring physicians, ultimately ensuring consistent patient care and standardized workflows in outpatient radiology.

Xealth

Series B in 2021
Xealth is a digital health technology company that provides a platform enabling clinicians to integrate, prescribe, and monitor digital health tools within electronic health record workflows. The Xealth platform helps care teams select appropriate digital health tools and programs, deliver orders to patients via email or patient portal, and track patient engagement and utilization, at both individual and system levels. The platform supports patient education and connects with online third-party apps and programs, device monitoring, and non-clinical services such as ride-sharing, food delivery, and e-commerce recommendations. Founded in 2016 and based in Seattle, Xealth focuses on scaling healthcare workflows by automating the prescription and monitoring of digital health tools to improve engagement and outcomes.

Truveta

Series A in 2021
Truveta is a health data platform that collaborates with physicians, life science researchers, and others in the healthcare community to compile medical records from partner organizations, connecting treatments with outcomes and various health factors. The platform aggregates data across multiple healthcare systems to identify and harmonize medical information, enabling researchers and clinicians to analyze treatment effectiveness and support informed decision making across patient care.
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