John Bardis announced he is departing as HHS assistant secretary for administration effective April 5.
Data Points for the week of Aug. 1, 2016, covered the following topics: Health information technology deals, mergers and acquisitions; providers' IT budgets; venture capital in health IT; startup accelerators for health IT.
A year ago, Pamplona Capital Management acquired MedAssets for $2.7 billion, immediately selling off its GPO and performance-improvement businesses and merging its revenue-cycle management business with Precyse, its own brand. A new identity for the combined company was announced Sunday.
When partners with the private equity firm Pamplona Capital Management turned to healthcare for promising acquisitions, they rejected the industry's latest, hottest trends. They saw greater potential in healthcare's highly fragmented and high-growth market for outsourced revenue-cycle services.
Last year ended as frenzied as it began for healthcare dealmakers. Globally, merger and acquisition activity reached record volume in 2015, and the value of global healthcare deals increased 66% last year to $723.7 billion, according to Dealogic.