Arcadia acquires CareJourney to enable high-performing networks and value-based care success
Arcadia® (arcadia.io), a leading data platform for healthcare, announced today the acquisition of CareJourney®, a preeminent provider of clinically relevant healthcare data and AI-powered analytics and insights. This strategic acquisition blends Arcadia’s next-generation healthcare data platform, proprietary analytics, and workflow tools with CareJourney’s cost, quality, and benchmark data. CareJourney derives market-leading analytics from Medicare, Medicaid, Medicare Advantage, and Commercial claims data across more than 300 million beneficiaries and over 2 million providers nationwide. Payers, providers, and employers can use these actionable insights to accelerate growth and improve performance.
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Journey Health and Lifestyle Brands Announces Appointment of Adam Karp as Chief Executive Officer and Director
Journey Health & Lifestyle Brands (“Journey”, or the “Company”), a Virginia-based developer, manufacturer and distributor of direct-to-consumer (DTC) premium, branded products for seniors, today announced the appointment of Adam Karp as Chief Executive Officer, and as a member of Journey’s Board of Directors. Most recently, Adam co-founded and served as the CEO of Lively Hearing, Inc. (“Lively”), a direct-to-consumer hearing aid business that was acquired by GN Hearing in 2021 and rebranded to Jabra Enhance.
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Peloton Equity Leads Growth Investment in OnPoint Healthcare Partners
Peloton Equity, LLC (“Peloton”), a Connecticut-based private equity firm that seeks to invest growth capital in innovative healthcare companies, announced today that it has closed an investment in OnPoint Healthcare Partners, Inc. (“OnPoint” or the “Company”), a fast-growing AI-enabled technology services provider that offers a suite of solutions to hospitals and medical groups designed to reduce physician burnout and improve administrative efficiencies. The investment is led by Peloton Equity, alongside participation from Fort Maitland Capital. The investment will be used to enable OnPoint to accelerate its product development roadmap, bolster its sales and marketing efforts, and strengthen the Company’s plauded customer service.
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AeroSafe Global Announces $43M Financing Round
AeroSafe Global, the industry-leading cold chain solution provider, announced today the closure of a $43M funding round led by NewSpring, via NewSpring Healthcare, the Firm's dedicated, thesis-driven strategy focused on investing in companies that positively impact health outcomes across the care continuum. Existing blue chip healthcare investors, including Peloton Equity, Merck Global Health Innovation Fund, Hamilton Lane, Flexstone Partners, Wave Equity Partners, and Escalate Capital, also participated in the round.
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Arcadia raises $125 million in new financing from Vista Credit Partners
Arcadia (Arcadia.io), a leading data analytics platform for healthcare, today announced $125 million in financing from Vista Credit Partners to accelerate platform innovation and company growth and further establish leadership position in healthcare data analytics.
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Grenova Announces Appointment of Lane Major as President and Chief Executive Officer
Grenova, Inc., a Virginia-based designer, manufacturer, and distributor of instruments and associated consumables for the life sciences industry, today announced the appointment of Lane Major as President and Chief Executive Officer, and as a member of Grenova's Board of Directors.
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IDX, A Peloton Portfolio Company, Announces Closing Of Its Previously Announced Business Combination With L&F Acquisition Corp. and ZeroFox, Inc.
ZeroFox, Inc., an enterprise software-as-a-service leader in external cybersecurity, today reported the closing of its previously announced business combination with L&F Acquisition Corp. (“L&F”), a special purpose acquisition company, and ID Experts Holdings, Inc. (“IDX”).
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Peloton Announces Growth Recapitalization of Grenova
Peloton Equity is Partnering with Management and Other Investors to Recapitalize Grenova, a Leading Life Sciences Tools Company Focused on Creating More Sustainable Laboratory Operations.
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IDX, A Peloton Portfolio Company, Announces Plan to be Acquired by ZeroFox and Become Publicly Traded Company via Merger with L&F Acquisition Corp.
Combination of ZeroFox and IDX will create the only public company solely focused on addressing the full lifecycle of external cyber threats and risks through the expansion of its industry-leading AI platform
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Peloton Equity Announces The Launch Of Journey Health & Lifestyle Brands
Peloton Equity, LLC (“Peloton”) announced today that it recently entered into a partnership with a management team led by Harvey Diamond, Richard Kolodny, Mitchell Yoel and Charles Valentine to launch Journey Health & Lifestyle Brands (the “Company”).
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Friday Health Plans Secures $160 Million in Funding Led by Vestar Capital Partners
Denver, April 01, 2021 -- Friday Health Plans, Inc. (“Friday”), a Denver-based health insurance holding company, announced today that it has signed an agreement to receive a $100 million equity investment led by Vestar Capital Partners, a leading U.S. middle-market private equity firm. Leadenhall Capital Partners, a London-based insurance-focused investment manager, will provide an additional $60 million in debt financing.
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Peloton Equity Closes Fund II at $152.25 Million
GREENWICH, Conn. -- Peloton Equity, LLC (“Peloton”), a healthcare-focused private equity firm, has closed its second fund Peloton Equity II, L.P. (“Fund II”) with $152.25 million in limited partner and general partner commitments.
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AeroCare Announces Completion of Acquisition by AdaptHealth
Orlando, Florida — February 2, 2021 — AeroCare Holdings, Inc. (“AeroCare”) announced today that it has been acquired by AdaptHealth Corp. (NASDAQ: AHCO) (“AdaptHealth”). The acquisition was consummated for total consideration consisting of approximately $1.1 billion in cash and 31 million shares of AdaptHealth stock.
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Arcadia Congratulates Micky Tripathi on New Leadership Role as the National Coordinator for Health Information Technology with the Department of Health and Human Services
BURLINGTON, Mass., Jan. 21, 2021 -- Arcadia, the leading population health management and healthcare intelligence platform company, congratulates Micky Tripathi, PhD, MPP, on his new leadership role as the National Coordinator for Health Information Technology (ONC) with the Department of Health and Human Services (HHS). Most recently, Tripathi served as Arcadia's Chief Alliance Officer and was responsible for developing strategic partnerships between Arcadia and other innovative companies to further accelerate the use of advanced technology to improve healthcare.
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HPOne Announces Addition of Key C-suite Executives, Builds on Strategic Objectives Following 2020 Growth Recapitalization
TRUMBULL, Conn. -- HPOne, a leading sales and marketing organization operating across multiple segments of the Medicare and health insurance marketplaces, announces the addition of key executives including Chief Financial Officer Jon Pedersen and Chief Technology Officer Vineel Katipally. Both join the C-suite with Chief Marketing Officer Keira Krausz, who was named to the position in late 2020. All report to founder and Chief Executive Officer Bill Stapleton.
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AdaptHealth Corp. Announces Acquisition of National HME Provider AeroCare Holdings Inc. and Updates Financial Guidance For 2021
Plymouth Meeting, PA – December 1, 2020 – AdaptHealth Corp. (NASDAQ: AHCO) (“AdaptHealth” or the “Company”), a leading provider of home healthcare equipment, medical supplies to the home and related services in the United States, announced today that it has entered into a definitive agreement to acquire Orlando, Florida based AeroCare Holdings, Inc. (“AeroCare”).
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AeroSafe Global Announces Closing of Growth Financing Round
Rochester, NY — September 10, 2020 — AeroSafe Global announced today the closing of a $47.5 million round of growth financing with participation from new investors Merck Global Health Innovation Fund (GHI) and Escalate Capital, along with existing investors Peloton Equity, LLC (Peloton), Hamilton Lane, Flexstone Partners and WAVE Equity Partners.
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ClearSky Health Announces New Inpatient Rehabilitation Hospital to Open in Flower Mound
Austin, Texas — August 18, 2020 — ClearSky Health, a rehabilitative healthcare provider, today announced plans to open an inpatient rehabilitation hospital in Flower Mound, Texas. The opening of the facility is expected to create about 100 new, local healthcare-related jobs.
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HPOne Announces Growth Recapitalization
Trumbull, Conn. — June 22, 2020 — HealthPlanOne, Inc. (“HPOne” or the “Company”), and Peloton Equity, LLC (“Peloton”) announced today that they have agreed to terms with Lightyear Capital LLC (“Lightyear”) for a recapitalization of the Company.
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Friday Health Plans Enters into Multi-Year Reinsurance Agreement with AXA
Denver, CO — June 8, 2020 — Friday Health Plans, a health insurance upstart focused on the individual consumer, announced today a multi-year quota-share reinsurance arrangement with the Life and Health international solutions division of AXA, one of the world's most trusted insurance brands. The agreement will enable Friday to continue expanding its business in current markets and in new states.
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