Alpha II Acquires Health eFilings

TA Associates and WestView Recapitalize Alpha II

June 16, 2023

Healthcare Services

TA Associates completed a majority recapitalization of Alpha II, a Tallahassee-based provider of revenue cycle management (RCM) SaaS, with existing investor WestView Capital Partners receiving liquidity and reinvesting alongside TA and Alpha II management. The new capital will support continued product development, organic growth and acquisition-driven expansion of Alpha II's RCM technology for healthcare providers.

Alpha II Acquires RCxRules

October 3, 2023

Healthcare Services

Alpha II, a Tallahassee-based healthcare revenue cycle management technology provider, has acquired RCxRules, an AI-driven healthcare revenue cycle automation company. The acquisition will combine Alpha II's rules engine and content with RCxRules' workflow automation and automatic claim-correct capabilities to create a more comprehensive denials management and coding accuracy solution for healthcare providers.

GI Partners Acquires Majority Stake in eClinical Solutions

September 12, 2024

Cloud & SaaS

GI Partners has made a majority investment in eClinical Solutions, a Boston‑area provider of AI‑enabled clinical data cloud software and biometrics services. The capital will support product roadmap expansion, embedded AI capabilities, and global growth while Summit Partners and the founders retain minority stakes.

H.I.G. Capital Makes $225M Strategic Minority Investment in eHealth, Inc.

May 17, 2021

Healthcare Services

An affiliate of H.I.G. Capital completed a $225 million strategic minority investment in eHealth, Inc. via convertible preferred stock. The capital will be used to accelerate eHealth's growth, expand scale and market share, and fast-track the company's strategic initiatives for its online health insurance marketplace.

Council Capital and Health Enterprise Partners Invest in Alivia Analytics

October 6, 2022

Healthcare Services

Council Capital and Health Enterprise Partners jointly announced a platform investment in Alivia Analytics, a healthcare payment integrity software provider. The transaction brings Michael Taylor on board as CEO while founder Kleber Gallardo becomes Chairman, with the capital intended to scale Alivia's AI-driven payment integrity platform across government and commercial payers.

Equifax Acquires Health e(fx)

August 9, 2021

Cloud & SaaS

Equifax has acquired Health e(fx), a provider of Affordable Care Act (ACA) management software and workforce analytics, to expand capabilities within its Workforce Solutions business. The acquisition adds Health e(fx)'s cloud-native ACA platform and service capabilities — including offices in Minneapolis, Minnesota and Thunder Bay, Ontario — to Equifax's HR, payroll and benefits offerings.