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Healthcare Population Health Management Software sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Healthcare Population Health Management Software

1.1 - About Healthcare Population Health Management Software sector

Companies in this space build cloud platforms that unify clinical, claims, and operational data, apply AI-driven analytics, and deliver care management workflows to improve outcomes and reduce costs under value-based arrangements. Healthcare Population Health Management Software vendors enable providers and payers to identify risk, close care gaps, coordinate transitions, and optimize contracts, supporting measurable quality improvements and operational efficiency across networks and care settings.

Offerings typically span data integration with dozens of EHRs and claims feeds, cloud data platforms, and AI/ML models for risk stratification and predictive insights. Vendors provide population health dashboards, quality measure tracking, risk adjustment and coding tools, and value-based payment modeling with episode analytics. They also deliver care coordination workflows, care transitions management, patient engagement and digital therapeutics, clinical documentation and e‑prescribing, plus provider network performance benchmarking and contract optimization.

Primary customers include health systems and hospitals, physician groups and ACOs, and payers and health plans. These platforms help reduce medical spend through improved care pathways, increase quality scores and incentive revenue, raise risk capture accuracy, and lower readmissions by coordinating transitions. Buyers also gain faster time-to-insight for operational decisions, more efficient outreach to close care gaps, and stronger performance in value-based contracts.

2. Buyers in the Healthcare Population Health Management Software sector

2.1 Top strategic acquirers of Healthcare Population Health Management Software companies

Innovaccer Logo

Innovaccer

HQ: United States Website
  • Description: Provider of a healthcare intelligence cloud that unifies and activates data via its Data Activation Platform, integrated CRM-PRM, AI engine and network management tools to improve provider relationships, population health and operational performance for health systems, payers and other healthcare organizations.
  • Key Products:
  • Healthcare Intelligence Cloud: Cloud-based suite that unifies data and delivers AI-driven analytics, engagement, and workflow tools to improve performance, volume growth, and administrative efficiency
  • Value-Based Care Solution: Provides population analytics, risk adjustment, quality management, and intelligent care management workflows to optimize clinical outcomes and maximize financial success in value-based contracts
  • Healthcare Experience: Uses unified patient data, omnichannel engagement, and AI-powered access center tools to create seamless journeys, boosting appointment conversions, loyalty, and satisfaction
  • Provider Productivity: Employs AI-powered documentation, workflow automation, and point-of-care insights to save providers up to 30 minutes daily and reduce administrative burden.
  • Rationale: Provider of Healthcare Intelligence Cloud platform, Value-Based Care Solution analytics, and Healthcare Experience engagement enabling population health under value-based contracts.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Healthcare Population Health Management Software sector

M&A buyer group 1: Healthcare Payer Tech

23 companies View group →
Description: Companies in this space provide software that powers health insurers’ core operations, from claims intake and adjudication to benefits administration and provider network management. For M&A teams seeking strategic buyers in payer technology, HealthTech Payer Administration Software vendors deliver configurable platforms that streamline enrollment, eligibility, premium billing, prior authorization, and compliance reporting. Their value lies in operational efficiency, accuracy, cost containment, and regulatory alignment across complex payer workflows.
Elevance Health

Elevance Health

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of managed healthcare and insurance solutions offering medical, pharmaceutical, dental, behavioral-health, long-term-care and disability plans through affiliated Blue Cross/Blue Shield brands, Wellpoint, Carelon and other subsidiaries across the United States.
  • Key Products:
  • Digital Whole Health Platform: Combines data, technology and human connection to deliver proactive, predictive and personalized care, enabling members and providers to address clinical, behavioral and social determinants of health
  • Community Connected Care (CCC): Assesses members’ social needs and digitally matches them with trusted community-based organizations, coordinating resources like food, housing and language support to improve outcomes
  • Whole Health Index (WHI): Analytical framework whose shared methodology helps measure and compare whole-person health factors, guiding system-wide improvements and benefiting patient lives
  • Suicide Prevention Program: Carelon Behavioral Health initiative using proactive intervention, crisis support and data-driven case management to lower suicide rates and provide hope to at-risk individuals.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Healthcare Population Health Management Software sector

3.1 - Buyout funds in the Healthcare Population Health Management Software sector

Buyout Funds investing in Healthcare Population Health Management Software companies

51+ funds
Description: Buyout funds focused on Healthcare Population Health Management Software companies globally.

GTCR

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Healthcare Population Health Management Software
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Healthcare Population Health Management Software sector

Growth Equity Funds in Healthcare Population Health Management Software companies

41+ funds
Description: Growth equity funds focused on Healthcare Population Health Management Software companies globally.

Summit Partners

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Healthcare Population Health Management Software
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Healthcare Population Health Management Software companies

4.2 - Public trading comparable groups for Healthcare Population Health Management Software sector

Description: Companies in this trading comparable group are public software providers delivering population health management and analytics platforms to healthcare providers and payers. They monetize via SaaS subscriptions, per-member-per-month fees, and technology-enabled services that support value-based care, care coordination, and clinical decision support. They are comparable given similar data-driven offerings, customer bases, and recurring revenue models focused on outcomes and cost reduction.
Privia Health logo

Privia Health

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of technology-driven healthcare solutions, optimizing physician practices, enhancing patient experiences, and rewarding doctors for high-value care through collaboration with medical groups, health plans, and health systems.
  • Key Products:
  • Practice Management: Tools and services to optimize physician practices
  • Patient Portal: Platform for patient engagement and communication
  • Value-Based Care: Strategies to improve care quality and reduce costs
  • Virtual Care: Telehealth services for remote patient consultations
  • Fitness and Nutrition Plans: Personalized health assessments and plans for patients
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Healthcare Population Health Management Software sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Healthcare Population Health Management Software sector

Who are the top strategic acquirers of Healthcare Population Health Management Software companies?

Top strategic buyers in this sector include Innovaccer, a provider of a healthcare intelligence cloud that unifies and activates data via its data activation platform, integrated crm-prm, ai engine and network management tools to improve provider relationships, population health and operational performance for health systems, payers and other healthcare organizations. .

Which buyer groups are most relevant for Healthcare Population Health Management Software companies?

Relevant strategic buyer groups similar to the Healthcare Population Health Management Software sector include Healthcare Payer Tech because they share similar customer segments and product capabilities.

Financial Investors in Healthcare Population Health Management Software sector

Which are the top PE firms investing in Healthcare Population Health Management Software companies?

Potential investors in the broader Healthcare Population Health Management Software space include Summit Partners and GTCR.

Who are the top buyout funds acquiring Healthcare Population Health Management Software companies?

Active PE funds and buyout funds acquiring companies in the Healthcare Population Health Management Software space include GTCR.

Who are the top growth equity funds investing in Healthcare Population Health Management Software companies?

Growth funds investing in the broader Healthcare Population Health Management Software sector include Summit Partners.

Valuation of Companies in Healthcare Population Health Management Software sector

Which are the key public companies that are relevant trading comps for Healthcare Population Health Management Software companies?

Key trading comparable groups include Privia Health, a provider of technology-driven healthcare solutions, optimizing physician practices, enhancing patient experiences, and rewarding doctors for high-value care through collaboration with medical groups, health plans, and health systems..

Which are the key trading comparable groups for Healthcare Population Health Management Software companies?

Similar trading comparable companies include Population Health Management Software Companies. Our platform tracks detailed trading comparable groups in the Healthcare Population Health Management Software sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Healthcare Population Health Management Software sector?

Our platform tracks M&A transactions in the Healthcare Population Health Management Software sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Healthcare Population Health Management Software?

Access recent funding rounds in the Healthcare Population Health Management Software sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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