Corporate Finance Healthcare

Ziegler just introduced its latest white paper, “Deconstructing the Digital Health & AI Industry: Part V – Leveraging AI and Digital Health Solutions to Navigate our Access & Workforce Crisis,” highlighting the latest digital health trends and use cases. Our aim with the paper is to play a role in translating complex technical concepts into practical insights for healthcare stakeholders, to ultimately drive the effective and safe implementation of digital and AI solutions across the sector.

We are excited to share this edition of Ziegler’s Quarterly Behavioral Health Market Update, where we provide our latest views and insights. 2024 was a continued year of innovation, evolution and targeted momentum within the behavioral health landscape and we expect interest to remain strong throughout 2025 for larger strategic platforms and smaller opportunities that add another “arrow to the quiver” of a party’s services or tech / tech-enabled solution set. The industry continued its integrated care and digital revolution, adopting new technologies, care delivery models, and tools at an ever-increasing velocity to improve both clinical and administrative workflows. If you would like to learn more about our areas of focus please do not hesitate to reach out to us.

The Physician Practice Management (PPM) sector continues to be one of the strongest sectors for investment across healthcare services M&A. Check out Ziegler’s 2025 Outlook for the PPM sector with our thoughts on key areas for investment, the impact of private equity’s role in PPM, and the future of value-based care models. Ziegler has represented on over $6 billion of PPM transactions and looks forward to another active year advising both sponsor-backed and privately-owned physician groups on M&A opportunities.

Ziegler is pleased to announce it served as the exclusive financial advisor to Philips (NYSE: PHG) on the sale of its Direct Radiology business, to ONRAD Inc., a portfolio company of private equity firm Housatonic Partners. Direct Radiology provides remote diagnostic image interpretation services to over 430 hospitals and healthcare facilities nationwide with a team of 80 radiologists.

We are excited to distribute this first edition of Ziegler’s Quarterly Behavioral Health Market Update, where we share industry statistics, sector insights and our perspectives from our activity across the behavioral health sector. Please do not hesitate to reach out to us if you have any questions about the content or would like to learn more about our areas of focus and how we can be helpful.

Ziegler is pleased to announce its role as exclusive financial advisor to Strata Health Solutions on its acquisition by VitalHub, a leading software company dedicated to empowering Health and Human Services providers. Based in Canada, Strata Health designs, builds, and deploys software that improves access and navigation to care.

Ziegler is pleased to announce its role as exclusive financial advisor to Synchronous Health, a leading, AI-powered behavioral health platform, on its acquisition by Thriveworks. This acquisition will expand access to quality mental health services within the health systems in which Synchronous Health is embedded.

Ziegler is pleased to announce its role as exclusive financial advisor to Premier Health on the formation of a Joint Venture with Atlantic Health System. Premier Health is a primary care-focused, multi-specialty physician group serving Sussex, Warren, and Morris Counties in Northwest New Jersey and is partnering with Atlantic Health to support its growth and continued expansion of primary and specialty care services throughout the region and the broader New Jersey market.

Ziegler is pleased to announce its role as exclusive financial advisor to Hospital Billing & Collection Service, Ltd (HBCS) on its sale to Med-Metrix, LLC, a portfolio company of A&M Capital Partners (AMCP). HBCS is a premier, tech-enabled Revenue Cycle Management (RCM) company that offers a comprehensive suite of RCM solutions. This acquisition significantly bolsters Med-Metrix’s end-to-end RCM offerings with HBCS’ best-in-class patient financial engagement solutions coupled with its insurance reimbursement capabilities.

Ziegler is pleased to announce its role as exclusive financial advisor to Medical Advantage, previously a subsidiary of The Doctors Company, on its sale to Aledade. The partnership bolsters Aledade’s status as the nation’s preeminent primary care Accountable Care Organization network and a recognized leader in value-based care. It also expands Aledade’s Michigan physician partnerships from 35 to approximately 700.