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Senate Report Highlights Deteriorating Care in Private Equity-Owned Hospitals
Care Senate Report Highlights Deteriorating Care in Private Equity-Owned Hospitals

A recent investigation led by the U.S. Senate Committee on the Budget has raised alarm over the deteriorating care in hospitals owned by private equity (PE) firms across the United States. This bipartisan probe, spearheaded by Senators Chuck Grassley and Sheldon Whitehouse, delved into the growing influence of private equity in the healthcare

January 13, 2025
New Mountain Capital Consolidates Health Tech Firms for AI Payment Solutions
Business New Mountain Capital Consolidates Health Tech Firms for AI Payment Solutions

New Mountain Capital has strategically acquired Machinify, an AI-driven software platform, to revolutionize the healthcare payments sector. This acquisition is part of a broader strategy to consolidate four health tech companies—The Rawlings Group, Apixio’s Payment Integrity business, Varis, and Machinify—into a single powerhouse entity. The newly

January 13, 2025
Can Transcarent's $621M Accolade Buy Transform Employee Healthcare?
Business Can Transcarent's $621M Accolade Buy Transform Employee Healthcare?

Transcarent's planned acquisition of health benefits platform Accolade marks a significant $621 million deal that seeks to reshape the landscape of employee healthcare navigation and benefits. The acquisition aims to combine the strengths of both companies to provide a unified and enhanced healthcare experience, particularly for employers and

January 9, 2025
Hospital M&A in 2024: Stability on the Surface, Distress Underneath
Business Hospital M&A in 2024: Stability on the Surface, Distress Underneath

The year 2024 has been a paradoxical one for the hospital and health system sector. On the surface, the industry appears to be stabilizing, with improved operating margins and positive outlooks from key rating agencies. However, a deeper analysis reveals ongoing financial distress and significant challenges that many organizations continue to

January 6, 2025
Optimizing Healthcare with a Multicloud-by-Design Approach
Business Optimizing Healthcare with a Multicloud-by-Design Approach

In an era where technology advancements shape nearly every industry, the healthcare sector is increasingly adopting multicloud computing strategies to streamline operations and enhance efficiency. Over the past decade, significant investments in cloud-based IT solutions have been made to modernize infrastructure and manage data and workloads.

January 6, 2025
OneCare Vermont's Final Budget Approved as Organization Winds Down
Business OneCare Vermont's Final Budget Approved as Organization Winds Down

In a significant development for Vermont's healthcare system, state healthcare regulators at the Green Mountain Care Board recently approved OneCare Vermont's annual budget, marking a major milestone as the organization prepares to cease operations by the end of 2025. OneCare Vermont has been a cornerstone in Vermont's “all-payer” he

December 24, 2024
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