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
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 Mac
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
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
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
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
