Finturf’s Post

Thank you PitchBook and Rebecca Springer, PhD for participating in this year's HCMIS24 event including the ACG Columbus breakfast. We appreciate your insights and follow up PitchBook Analyst Note: Takeaways From the 2024 Healthcare Capital Markets & Innovation Summit • Secondary innovation ecosystems such as Columbus, Ohio represent fertile ground for proprietary deal sourcing, but early-stage founders in these ecosystems need additional support commercializing, professionalizing, and accessing capital. • The Ohio healthcare community is waiting for further news of General Catalyst’s Summa Health acquisition with a mix of optimism (what might this do for the region’s budding healthtech startup economy?) and skepticism (Summa will require considerable operational muscle to transform into a model of value-based care integration). • The dealmaking environment continues to be marked by risk aversion and (with a few exceptions) buyer pricing discipline. A handful of platform deals publicized in the past month provide some encouragement, but the recovery in deal activity will be slow and moderate. • Regulatory scrutiny of PE continues to intensify, particularly at the state level. Recent legislative action in California and Oregon, as well as the increasingly bipartisan nature of congressional interest in PE’s role in healthcare, underscores the need for intensive due diligence and proactive engagement when investing in healthcare providers. • Lower-middle-market firms continue to play out healthcare IT theses but, as we have written previously, must constantly wrestle with unrealistic valuation expectations on the part of sellers. • Dental and veterinary, while nowhere near “hot,” are seeing some continued investor interest. • Although add-on valuations are down slightly, medspa remains competitive, with new players quietly entering the arena. • There is a disconnect between the dire need for greater provision of high-acuity mental health treatment and the unsustainability of many inpatient and residential business models. a few PE sponsors represented included Avesi Partners, Eir Partners, Excellere Partners, McCarthy Capital, RC Capital, Revelstoke Capital Partners, Stonehenge Capital, Trivest Partners, Council Capital and GTCR LLC. Companies OnKai Inc., RE-Assist, CaringWire, BioMEMS Diagnostics, Syra Health, HEAL Security | Actionable intelligence on cyber threats, risks, and remedies for Healthcare, codexIT, Cyber Trust Alliance Inc., HeroWear, AccessVR #HCMIS #HCMIS24 #Dealmaking #healthcareinnovation #TheSmartHealthCity #Columbus #privateequity #venturecapital #ACG #ACGColumbus https://lnkd.in/gV8tyn_m

🎢𝗔 𝗿𝗲𝗺𝗮𝗿𝗸𝗮𝗯𝗹𝗲 𝟮𝟬𝟮𝟯 𝘆𝗲𝗮𝗿 𝗳𝗼𝗿 𝗖𝗘𝗣𝗧𝗢𝗡'𝘀 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝘁𝗲𝗮𝗺! We supported more than 20 clients on #CDD  (sell- and buy-side) during 30+ transaction processes over all the healthcare market segments. We thank our clients for their trust and our team for the outstanding work ! You can contact Matthias BUCHER & Camille Bertin if you want to learn more about our capabilities and discuss potential collaborations. #privateequity #healthcare #transformingHealthcare  

Gain an insider's perspective on how InnovoTEX utilizes the Keiretsu Due Diligence report to strategically position with investors. This is a testament to the power of thorough due diligence in building investor confidence and driving forward groundbreaking healthcare solutions. #StrategicInvestment #HealthcareInnovation #KeiretsuDueDiligence

Gain an insider's perspective on how InnovoTEX utilizes the Keiretsu Due Diligence report to strategically position with investors. This is a testament to the power of thorough due diligence in building investor confidence and driving forward groundbreaking healthcare solutions. #StrategicInvestment #HealthcareInnovation #KeiretsuDueDiligence

Join us to discuss Trends and Transactions in Healthcare Services M&A as our panelists, Dexter Braff, Philip Glorieux, Dana Jacoby, Tani Weiner and Alex Kasdan, address M&A deal activity in payer, provider, and healthcare services is expected to increase significantly in 2024. RSVP / Learn more here: https://lnkd.in/gjMn4K55 The panel will discuss current sector trends, such as provider acquisitions by large healthcare service companies, opportunities to acquire financially and operationally stressed companies, non-core asset sales, macroeconomic and regulatory environment, capital availability and role of technology and AI as deal catalysts. We will also take questions from the audience. #healthcare #mergers #manda #deals #healthcareservices #hospitals #doctors #mds #medicine #healtharesystem

Look forward to moderating and invite you to join the conversation about Trends and Transactions in Healthcare Services M&A. We will discuss M&A deal activity in payer, provider, and healthcare services is expected to increase significantly in 2024. The panel will also discuss current sector trends, such as provider acquisitions by large healthcare service companies, opportunities to acquire financially and operationally stressed companies, non-core asset sales, macroeconomic and regulatory environment, capital availability and role of technology and AI as deal catalysts. #healthcare #healthcareservices #healthcareprividers #hospitals #medicalgroup #doctors #health #medicine #mergers #distressed #turnaround #restructring #corporatefinance #healthcarelender #insurance #RWI

Gain an insider's perspective on how InnovoTEX utilizes the Keiretsu Due Diligence report to strategically position with investors. This is a testament to the power of thorough due diligence in building investor confidence and driving forward groundbreaking healthcare solutions. #StrategicInvestment #HealthcareInnovation #KeiretsuDueDiligence

Daniel Sheppard and Dave Sheppard, CMAA from @ MedWorld Advisors are at the Association for Corporate Growth (ACG) #DealMax24 today thru Wednesday. Looking forward to meeting with some of the most active PE Firms in Healthcare in 2024 on behalf of our clients. If your business is in #MedTech, #DigitalHealthTech, #Diagnostics, #LifeSciences, #DentalTech and you are thinking of selling (or someone you know is considering it), please feel free to reach out to discuss #Exit Strategy and #Valuation in today's marketplace. #mergersandacquisitions #M&A #medworld #exitstrategy

At AnnexMed, Inc. integrity isn't just a word on a poster; it's the foundation of everything we do. It's a core value that allows us to build genuine trust and confidence with every interaction. But integrity alone isn't enough. We're also obsessed with achieving real results for our clients. We don't just go through the motions; we focus on measurable outcomes that make a tangible difference to their bottom line. There's no one-size-fits-all approach here. We understand every client is unique, so we tailor our solutions to their specific needs and challenges. This ensures we deliver maximum impact and efficiency for their business. Speaking of impact, I'm incredibly proud of the talented team we've built here at AnnexMed. They're not just employees; they're empowered experts who make smart decisions and consistently deliver exceptional work. We celebrate every win, big or small because it fuels our collective desire to keep getting better. At the end of the day, our clients’ trust in us is what pushes us to constantly raise the bar and set new benchmarks for success. #annexmed #annexmedrcm #medicalbilling #medicalcoding #outsourcing #rcmpartner #revenuecyclemanagement #clientsuccess #healthcareexcellence #clientcentric #teamwork #trustedpartner

Explore the latest trends in Healthcare M&A with ECG Management Consultants' Quarterly Update for Q4 2023. Dive into key takeaways and stay informed on notable transactions, regulatory changes, and more. Check it out here: https://bit.ly/3HPQF9w