Posted 9/6/2023, 12:33:45 PM

Thoma Bravo to take NextGen Healthcare private for $1.6 billion

Private-equity firm Thoma Bravo has agreed to acquire healthcare software provider NextGen Healthcare for $1.61 billion, as private equity firms continue to invest in the resilient healthcare industry.

reuters.com

Relevant topic timeline:

9/5/2023

Wall Street Breakfast Podcast: AI: 11% Of Healthcare Budgets

The budget for artificial intelligence and machine learning in the healthcare sector is expected to reach 10.5% in 2024, up from 5.5% in 2022, and could have transformational effects on the industry beyond drug discovery, according to Morgan Stanley. Private equity firm Thoma Bravo is also in talks to acquire NextGen Healthcare, while Nestle-partnered weight loss capsules have succeeded in a pivotal trial, boosting shares of Epitomee Medical.