Partnership Facilitates MedeAnalytics’ Continued Growth in Healthcare Analytics Sector 

San Francisco—Thoma Bravo LLC, a leading private equity investment firm, has completed its acquisition of MedeAnalytics Inc., a provider of cloud-based financial performance analytics for the healthcare industry. Prior investors Bain Capital Ventures and Emergence Capital Partners will remain minority shareholders. Financial details were not disclosed.

“Now more than ever, healthcare providers and hospital systems alike are under pressure to rein in costs and demonstrate value to their customers and patients,” said Scott Crabill, managing partner at Thoma Bravo. “MedeAnalytics has the products and expertise to help healthcare institutions sift through vast amounts of data and deliver cost-effective care.”

“I’m proud to finalize this agreement with Thoma Bravo, which brings a wealth of experience in software and healthcare IT,” said Andy Hurd, chief executive officer at MedeAnalytics. “I’m excited for our team, thrilled for our customers and eager to apply the experience and resources of a great financial and strategic partner to accelerate our vision.”

MedeAnalytics’ cloud-based tools are already used by over 1,500 healthcare organizations globally. Using evidence-based insights via its analytics platform, MedeAnalytics delivers information that healthcare organizations need to improve their financial health.

“We’ve been working with MedeAnalytics’ management team to set a plan for growth and enhanced market leadership moving forward,” said Arvindh Kumar, principal at Thoma Bravo. “With the transaction closed, we look forward to working with the team to realize MedeAnalytics’ strategic growth objectives.”