By a News Reporter-Staff News Editor at Information Technology Business -- TripleTree has announced three recent client deals cutting across the key healthcare areas of data integrity and analytics, transparency and consumer engagement, and accountable care. Collectively, these emerging growth companies - Enclarity, ZeOmega, and Change Healthcare - showcase innovations in technology that are improving the healthcare system in a reform-driven industry.
Recent research from TripleTree on healthcare consumerism and ACOs underpins some of the massive disruption occurring in the industry, and we look forward to working with best-in-class companies at the center of this transformation. Transaction Overview Enclarity, Inc., an industry-leading healthcare provider data and information solutions company, has been acquired by LexisNexis. The acquisition allows LexisNexis to add Enclarity's healthcare provider data to its existing analytics platforms and workflows, while helping customers contain healthcare costs and improve the quality of healthcare outcomes. With the acquisition of Enclarity, LexisNexis becomes a leader in healthcare provider data and provider identity transparency. Warren Gouk, Enclarity's Chief Financial Officer, said, "TripleTree's healthcare expertise was significant in helping us find the right strategic partner and driving a great outcome." ZeOmega, Inc., the premier provider of software solutions for population healthcare management, announced closing on $21.5 million in new growth equity financing. This round was led by Bregal Sagemount, with participation from ZeOmega's existing investors BlueCross BlueShield Venture Partners, L.P. and Sandbox Industries. "TripleTree's industry knowledge and thoughtful approach were instrumental in our search for the right partner who shared our vision of Population Health Management and the impact of health reform," said Nandini Rangaswamy, Co-Founder and Executive Vice President of ZeOmega. Change Healthcare, a leader in consumer engagement and cost transparency in healthcare, announced closing on $15 million in new growth equity financing. The round was led by HLM Venture Partners, Noro-Moseley Partners, and included all existing institutional investors - BlueCross BlueShield Venture Partners, Sandbox Industries, Mitsui & Co.Global Investment, Inc., Gary and Mary West Health Investment Fund, LLC, and Solidus Co.Doug Ghertner, Chief Executive Officer of Change Healthcare, commented, "There has been a dramatic increase in the nation's focus on consumer healthcare cost transparency, and a means to take greater control of their healthcare."
Triple Tree, LLC acted as the exclusive financial advisor to Enclarity, ZeOmega, and Change Healthcare. About TripleTreeTripleTree is an independent merchant bank focused on mergers and acquisitions, financial restructuring, and principal investing services. For more information, visit www.triple-tree.com. About Enclarity - Enclarity solves healthcare's provider information problem with the largest and most accurate medical provider database. For more information, visit www.enclarity.com. About ZeOmega - ZeOmega's population health management platform delivers high-value, strategic solutions enabling payers and care-delivery organizations to improve individual health and provider performance. For more information, visit www.zeomega.com. About Change Healthcare - Change Healthcare is on a mission to transform the way Americans purchase and utilize healthcare services by driving sustainable engagement at the individual level. For more information, visit www.changehealthcare.com.
Keywords for this news article include: TripleTree, Information Technology, Investment and Finance, Information and Data Management.
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