Debevoise & Plimpton LLP is advising HealthEdge Software Inc. (“HealthEdge”), a provider of the industry’s leading integrated financial, administrative and clinical platform for health insurers, and Blackstone, in HealthEdge’s acquisition of The Burgess Group (“Burgess”), an innovative payment integrity software company focused on improving healthcare payment operations through technology. HealthEdge is a portfolio company of Blackstone. For more information, please see the company’s press release.
HealthEdge provides modern, disruptive healthcare IT solutions that health insurers use to leverage new business models, improve outcomes, drastically reduce administrative costs, and connect everyone in the healthcare delivery cycle. Blackstone is one of the world’s leading investment firms, with $571 billion in assets under management including investment vehicles focused on private equity, real estate, public debt and equity, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Burgess operates at the intersection of healthcare, finance, and technology. The company’s cloud-based platform, Burgess Source, is the only solution that natively brings together up-to-date regulatory data, claims pricing and editing, and real-time analytics tools.
The Debevoise team is led by M&A partners Jennifer Chu and Kevin Rinker and includes M&A associates David Becker, Spencer Gilbert, Richard Hughes and Kim Le, finance partner Sunil Savkar and associate Giselle Alvarado, tax partner Peter Furci and law clerk Erasmo Perez, benefits partner Meir Katz and associate Jeri Brown and intellectual property partner Jeffrey Cunard and associate Jose Angel Lamarque.