Whitney officially joined the FCA team on April 15, 2019. In addition to taking over responsibility for legal affairs, she will join the investment team in deal sourcing and due diligence along with oversight responsibility for investor relations and compliance matters.
Read More“Vivante squarely fits our investment thesis that in many cases, the outsourced care management model can better serve patients whose optimal care plans might fall through the cracks of the traditional healthcare system,” says Matthew A. King of FCA. “We are excited to support Kim and the Vivante team and expect to be able to add significant value as they scale the company by leveraging the knowledge and insights gleaned over the past decade from working with more than 20 portfolio healthcare companies.”
Read MoreiDentalSoft, a leading cloud-based dental practice management platform, today announced it has received a new round of funding led by FCA Venture Partners. Based in Nashville, FCA Venture Partners invests in fast-growing healthcare companies that streamline industry processes and improve the experience and quality of care for patients.
Read MoreFCA Venture Partners is pleased to announce the completion of fundraising for its sixth fund, FCA Venture Partners VI, on April 27th. The Fund closed with $55M of committed capital and has already made investments in five portfolio companies. Consistent with its predecessor fund, FCA VI will focus on early to growth stage companies in the healthcare IT and technology sectors with disruptive, scalable business models.
Read MoreHealthiPASS, a patient check-in and payment technology provider that helps patients and providers combat the new healthcare reality of higher patient out of pocket expenses, announced it has raised a $7.2 million Series A funding round, led by FCA Venture Partners, with participation from venture firms from the Bay Area to Boston including: OCA Ventures, Healthy Ventures, HealthX Ventures, Waterline Ventures and a small group of strategic investors. The funds will be used to further innovate and expand the patient payments platform and sell into ambulatory healthcare settings across the country.
Read More“Nashville is a place where people say ‘Here’s what can I do for you’, instead of asking what you can do for me, and it shows,” Mayor Barry tells me. “We are the friendliest, warmest, and most welcoming city in America. We’re diverse. We’re progressive. But we’re also pro-business. We still have that small town feel with lots of small businesses that are bringing their creativity and passion here, and it creates this unique culture that you don’t find anywhere else in America.”
Read More“Mobile health solutions – in the palm of the provider – are quickly becoming some of the most valuable real estate in healthcare,” said Rusty Frantz, President and CEO of NextGen Healthcare. “We intend to invest in expanding Entrada’s capabilities, continuing to provide enhancements to their already impressive platform. This acquisition will improve physician satisfaction by providing a better caregiver and patient experience, while enabling clients to improve financial outcomes.”
Read MoreFCA Venture Partners V, LP (FCA V) announced today that its portfolio company, Medical Reimbursements of America (MRA), has been acquired by Riverside Partners, a Boston-based private equity firm. Headquartered in Franklin, TN, MRA is a recognized leader in the rapidly growing field of specialty reimbursement services for hospital revenue cycle departments. MRA leverages proprietary technology to help hospitals and health systems resolve complex motor vehicle and workers' compensation accident claims. Additionally, through its Payment Integrity division based in Ft. Lauderdale, FL, MRA provides underpayment identification and recovery services that ensure Medicare and Managed Care claims are paid accurately and fully.
Read More