Healthcare & Life Sciences Private Equity Deal Tracker

TPG has announced it has acquired Nextech from Thomas H. Lee Partners (THL) for $1.4 billion.

Nextech, based in Tampa, Fla., is a provider of clinical and administrative healthcare technology solutions for specialty physician practices. Founded in 1997, the company states it services more than 11,000 physicians in dermatology, ophthalmology, orthopedics, plastic surgery and med spa.

TPG is investing in Nextech through TPG Capital. Headquartered in Fort Worth, Texas, and San Francisco, TPG Capital targets investments in middle-market companies in […]

By | July 31st, 2023 ||

State Privacy Law Roundup: What Health Care Companies Need To Know

As more and more states are enacting privacy laws, organizations in the health care industry may be wondering what the impact these laws will have on them. At this point, there are privacy laws in 12 states, with one more (Delaware) likely to be signed by the governor soon. Those laws are in California, Colorado, Connecticut, Florida, Indiana, Iowa, Montana, Oregon, Tennessee, Texas, Utah, and Virginia. (There is also a new law in Delaware currently pending the governor’s signature). Not all are in effect. Only the laws in […]

By | July 28th, 2023 ||

New Law Requires Florida Health Care Providers To Store Health Care Records In The Continental U.S., Its Territories Or Canada

A new law requires Florida health care providers that utilize certified electronic health record technology to ensure that certain patient information be physically maintained in the continental United States, its territories or Canada. The recent amendment to the Florida Electronic Health Record Exchange Act (the Exchange Act) casts a broad net regarding the information subject to the new requirement, stating it applies to “all patient information stored in an offsite physical or virtual environment, […]

By | July 23rd, 2023 ||