Comvest Closes New Fund At $2 Billion

Comvest Partners has announcedit has closed its latest fund at $2 billion.

The new fund, Comvest Credit Partners VI, exceeded its initial target of $1.7.

Comvest, based in West Palm Beach, Fla., is a middle-market private equity and credit investing firm. Its private equity strategy is to pursue control investments in multiple industries, including healthcare services. The firm seeks to make $50 million to $150 million-plus investment per transaction in companies with revenue between $50 million […]

By | July 16th, 2023 ||

New Medicare Marketing Definition

On May 10, 2023, the Center for Medicare & Medicare Services (“CMS”) issued guidance to clarify the definition of “marketing” for Medicare Advantage Plans (“MA Plans”) and Prescription Drug Plans (“PDPs”).1 The new definition expands “marketing” to include activities intended to draw a consumer’s attention to an MA Plan or PDP, influence a consumer’s decision-making process, or influence a consumer’s decision to stay enrolled in an MA Plan or PDP. This new definition of marketing […]

By | July 10th, 2023 ||

R&W Insurance Coverage For Healthcare Services Transactions

After being squeezed out of the R&W insurance market in 2021, deals in the healthcare services sector have regained interest from insurers and are seeing lower rates and greater competition. Healthcare has been a bright spot for deal activity over the past year (see chart). As the number of private deals involving healthcare services rose, demand for representations and warranties (R&W) insurance in the space also increased. Despite turning away from this sector in […]

By | April 5th, 2023 ||