424 Capital Acquires Majority Stake in MedHQ

MedHQ Acquires Becker Health

April 25, 2022

Healthcare Services

MedHQ, a Chicago-based provider of HR and financial management services for healthcare providers, has acquired Becker Health, a national clinical staffing and talent acquisition firm. The deal expands MedHQ’s service offering to include contract, contract-to-hire, and direct-hire clinical staffing and complements its HR, accounting and credentialing lines; MedHQ is backed by growth investor 424 Capital and the combined organization operates with 2,000+ employees across 30 states.

424 Capital Makes Majority Investment in BroadcastMed

April 29, 2021

Healthcare Services

424 Capital closed a majority investment in BroadcastMed in early December 2020 to support expansion of the company's content creation services and its MD‑ID marketing analytics platform. BroadcastMed, a Farmington, Connecticut–based digital medical broadcasting firm with a membership approaching one million verified physicians, will use the investment to accelerate growth of its healthcare content-marketing and technology offerings; the announcement references longtime 424 partners Eagle Private Capital and Plexus Capital.

424 Capital Acquires Majority Stake in Health Perspectives Group

September 30, 2021

Healthcare Services

424 Capital closed a majority investment in Health Perspectives Group (HPG) in early August 2021 to support HPG’s growth and expansion of its patient engagement offerings. The deal was completed alongside longtime 424 partners Eagle Private Capital, Plexus Capital and Enterprise Bank and will fund expansion of HPG’s tech-enabled patient engagement and clinical trial support services for pharmaceutical and biotechnology clients.

MedHQ Acquires Avanza Healthcare Strategies

February 9, 2023

Healthcare Services

MedHQ, a Chicago-area provider of technology-enabled services to outpatient healthcare providers, has acquired Avanza Healthcare Strategies, an Austin-based outpatient advisory firm. The acquisition will expand MedHQ's advisory capabilities for ambulatory surgery centers and other outpatient initiatives and Avanza will continue to operate independently.

MedHQ Acquires Trajectory Revenue Cycle Services

August 29, 2024

Healthcare Services

MedHQ has acquired Trajectory Revenue Cycle Services, a Wichita-based revenue cycle management firm founded by Derrick Idbeis, to expand MedHQ's revenue cycle capabilities and scale across physician and outpatient markets. The deal adds more than 150 team members to MedHQ's platform and names Idbeis EVP of Business Development for the combined organization.

BroadcastMed (424 Capital-backed) Acquires Harborside

October 17, 2022

Media & Entertainment

BroadcastMed has acquired Harborside, a medical publishing and communications leader specializing in oncology, expanding BroadcastMed’s reach across healthcare specialties and strengthening its oncology communications capabilities. The transaction was backed by growth equity partner 424 Capital and expands BroadcastMed’s total reach to over 2.8 million healthcare professionals.