Azalea in the News
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Private equity pushes into healthcare: 6 recent deals
The healthcare sector is drawing interest from private equity investors this year, with six deals announced since March 2. 1. LLR Partners invested in Azalea Health, an Atlanta-based provider of cloud-based EHR and patient engagement software to health organizations. 2. PromptCare, a portfolio company of The Halifax Group, acquired NBN Infusions, a Cherry Hill,…
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we…
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LLR Partners Completes Investment in Cloud-based Health IT Innovator Azalea Health
LLR Partners today announced an investment in Azalea Health, a rapidly growing provider of cloud-based electronic health record and patient engagement solutions for inpatient and outpatient community health organizations. The capital will support CEO Baha Zeidan and the Azalea management team as they invest in further product innovation, pursue continued organic growth…
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To E(HR) or not to E(HR)
The rising class of digital health provider organization are starting small, but may unlock the future of healthcare’s least favorite software. Telehealth has untethered care from brick and mortar walls. Startups focusing on chronic and ongoing care conditions like diabetes, musculoskeletal (MSK) disorders, and mental health have reinvented what care…
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FCC Rural Broadband Funding Is a Step Forward, But not Enough
Pandemic-boosted telehealth will persist and provide a reliable revenue stream to rural health systems, yet infrastructure investment is needed to boost Internet access. The last few weeks have brought good news and bad news for the health of rural America. On a positive note, the Federal Communications Commission (FCC) awarded $9.2…
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Trends in Teledentistry
Virtudent launched Virtudent Connect, our teledentistry solution, in March of 2020 as a response to the pandemic to provide access to care to our patients. When the American Dental Association recommended that dental offices should halt non-emergency care, we felt it imperative to our mission to ensure that we had a solution that enabled…
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