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VITAS Healthcare. VITAS® Healthcare is a provider [1] of end-of-life care in the United States. Operating 53 hospice programs in 15 states and the District of Columbia, [2] VITAS employs 11,000 professionals and serves an average daily census of more than 21,000 patients, according to the company's website. [3]
Veritas Capital was founded in 1992 and raised its first fund in 1998. [6] [9] The firm invested exclusively in companies that support the government, government-influenced markets, and commercial customers, specifically in certain sectors, such as aerospace, defense, communications, education, energy, government services, healthcare, national security, and software. [11]
athenahealth, Inc. Athenahealth, Inc. is a privately held American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States. The company was founded in 1997 in San Diego and is now headquartered in Boston, Massachusetts. They have operational sites in Belfast, Maine; Atlanta, Georgia ...
In 2016, the government of the District of Columbia awarded a no-bid contract for running the hospital to Veritas, a politically connected firm with limited experience in health care management. While receiving more than $800,000 monthly to manage the hospital, Veritas failed to improve the quality of care.
Robert B. McKeon (August 6, 1954 – September 10, 2012) [1][2] was Chairman of New York -based Veritas Capital Management LLC, a private equity firm that he formed in 1992. [3] He was also a founding partner of Wasserstein Perella & Co., where he served as the Chairman of Wasserstein Perella Management Partners. [3][4]
Merative L.P., formerly IBM Watson Health, is an American medical technology company that provides products and services that help clients facilitate medical research, clinical research, real world evidence, and healthcare services, through the use of artificial intelligence, data analytics, cloud computing, and other advanced information technology.
Veritas Capital. Number of employees. 2,425 (Sep 30, 2013) Website. www.hms.com. HMS Holdings Corp. (Healthcare Management Systems) was founded in 1974 and is based in Irving, Texas. The company was formerly listed on Nasdaq but acquired by private-equity firm Veritas Capital in 2021. [1]
In April 2018, Veritas Capital acquired GE's revenue-cycle, ambulatory care and workforce management software unit (formerly API Healthcare) for $1.05 billion in cash. [10] In April 2019, Veritas sold the API Healthcare unit to symplr, a provider of compliance and credentialing solutions for healthcare organizations. [11]
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