Two private-equity firms have acquired HealthMEDX, an Ozark, Mo.-based software company that specializes in long-term and post-acute care. Boston-based Spectrum Equity Investors and Trident Capital, Palo Alto, Calif., will own a majority interest in the company, according to a news release.
Two private-equity firms buy HealthMEDX
Terms of the deal were not disclosed.
Pamela Pure, former president of McKesson Technology Solutions and executive vice president of McKesson Corp., was named CEO of HealthMEDX as part of the deal. Pure, who was one of Modern Healthcare's Top 25 Women in Healthcare in 2005, left McKesson in March 2009. Vince Estrada, former senior vice president and chief financial officer of Baltimore-based Visicu, has been appointed executive vice president of business development and chief financial officer.
"Post-acute providers are becoming strategic players in the healthcare delivery system," Pure said in the release. "They serve as the cornerstone of care for senior Americans recovering from significant health incidents, for frail and elderly people requiring ongoing management, and for the millions of people working to manage chronic conditions."
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.