Trending...
- Pyro Marketing Opens New Digital Marketing Company to Power Growth for Fitness and Ecommerce Brands
- Beijing Review: ChASC5 Bridging Hearts Across The Pacific
- BMCC Tribeca PAC Presents New Season of Music, Theater & Family Fun
NEW YORK, Aug. 12, 2024 ~ Hearst, a leading media and information company, has recently announced its plans to acquire QGenda, LLC from investment firms Francisco Partners and ICONIQ Growth. QGenda is a prominent provider of healthcare workforce management solutions, with over 4,500 organizations utilizing their services to improve scheduling, capacity optimization, and access to care.
The acquisition was confirmed by Steven R. Swartz, president and CEO of Hearst; Gregory Dorn, M.D., president of Hearst Health; and Greg Benoit, CEO of QGenda. Benoit will continue to lead the company under Hearst's ownership. The terms of the deal were not disclosed and are subject to regulatory approval. Once finalized, QGenda will become part of Hearst Health, the healthcare division within Hearst that currently includes FDB, Homecare Homebase, MCG, MHK and Zynx Health.
In a statement regarding the acquisition, Swartz expressed his excitement for the partnership with QGenda and their shared goal of improving the healthcare system for patients across the country.
More on Nyenta.com
QGenda's workforce management solutions cater to over 45 different specialties in the healthcare market and are used by more than 700,000 physicians and other healthcare providers. Their platform helps organizations effectively deploy resources to increase engagement and retention while optimizing staffing and reducing labor costs. Their end-to-end platform ProviderCloud automates complex processes such as provider scheduling workflows and time sheet tracking. This has earned them top rankings in Best in KLAS: Software & Services report for several years.
Dorn also commented on the acquisition stating that they are always on the lookout for innovative technology solutions that enhance the quality, safety, and efficiency of healthcare. With a shortage of clinicians in today's world, QGenda's platform addresses a critical need for organizations looking to optimize clinical team deployment while allowing care professionals to practice at their highest level. He welcomed all members of the QGenda team to Hearst Health.
Benoit expressed his pride and excitement for the opportunity to join Hearst Health and thanked their customers and partners for their continuous support. He stated that this move aligns with their mission of ensuring that every patient has access to the right healthcare provider when and where they need it.
The acquisition was advised by BofA Securities, Inc. for Hearst and Evercore for QGenda. The transaction is expected to be completed later this year.
The acquisition was confirmed by Steven R. Swartz, president and CEO of Hearst; Gregory Dorn, M.D., president of Hearst Health; and Greg Benoit, CEO of QGenda. Benoit will continue to lead the company under Hearst's ownership. The terms of the deal were not disclosed and are subject to regulatory approval. Once finalized, QGenda will become part of Hearst Health, the healthcare division within Hearst that currently includes FDB, Homecare Homebase, MCG, MHK and Zynx Health.
In a statement regarding the acquisition, Swartz expressed his excitement for the partnership with QGenda and their shared goal of improving the healthcare system for patients across the country.
More on Nyenta.com
- TikTok Star ArcadeFriends Attempts 24-Hour Claw Machine Marathon at Lucky Puppy Arcade in Las Vegas
- $HAREHOLDER ALERT: The M&A Class Action Firm Launches Legal Inquiry for the Merger: FL, STRM, TXNM, and CTLP
- Pyro Marketing Launches New Website to Accelerate Growth for Fitness Brands
- Happi Coffee Launches with a Mission to Bring Freshness, Simplicity, and Intention to Your Daily Cup
- SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Krispy Kreme
QGenda's workforce management solutions cater to over 45 different specialties in the healthcare market and are used by more than 700,000 physicians and other healthcare providers. Their platform helps organizations effectively deploy resources to increase engagement and retention while optimizing staffing and reducing labor costs. Their end-to-end platform ProviderCloud automates complex processes such as provider scheduling workflows and time sheet tracking. This has earned them top rankings in Best in KLAS: Software & Services report for several years.
Dorn also commented on the acquisition stating that they are always on the lookout for innovative technology solutions that enhance the quality, safety, and efficiency of healthcare. With a shortage of clinicians in today's world, QGenda's platform addresses a critical need for organizations looking to optimize clinical team deployment while allowing care professionals to practice at their highest level. He welcomed all members of the QGenda team to Hearst Health.
Benoit expressed his pride and excitement for the opportunity to join Hearst Health and thanked their customers and partners for their continuous support. He stated that this move aligns with their mission of ensuring that every patient has access to the right healthcare provider when and where they need it.
The acquisition was advised by BofA Securities, Inc. for Hearst and Evercore for QGenda. The transaction is expected to be completed later this year.
Filed Under: Business
0 Comments
Latest on Nyenta.com
- What do a Police Officer, a Retiree, and an 8-Year-Old Girl have in Common?
- The Citizens Commission on Human Rights Annual Purple Heart Day Event will be Hosted at the Historic Fort Harrison
- Blake Harris the Leading Authority in International Asset Protection Joins Tom Hegna on "Financial Freedom with Tom Hegna"
- PR Brand Marketing Inc. Awarded GSA Multiple Award Schedule Contract with Strategic Support from Government Marketplace LLC
- LG GUGGENHEIM AWARD WINNER AYOUNG KIM OFFERS SNEAK PEAK INTO HER WORK PROCESS
- Psychedelics for Vets? CCHR Cites History of Exploitation and Failed Science
- GreenPal Empowers Lawn Care Pros Leveraging AI, Surpasses 5 Million Transactions
- Interview with Dr. Eboni Ivory Green About Her New Book - Journey Beyond the Yellow Brick Road
- Santa Monica Businesses Push Back on Bus Stop Relocation That Threatens Access and Safety
- Yama Industrials Announces Next-Generation Data Analytics Platform
- Container Gardening eBook Launches Free "Recipe Designer" to End Common Potting Soil Mistakes
- Emmy-Winning Journalist José Martínez Releases Debut Book Your English is Great, But…
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Groupon, Inc. - GRPN
- BuggerCoin Blasts Off on Pump.Fun Ahead of $4B $PUMP ICO
- DimHum Announces Innovative Crowdshipping for USA, UK, Canada
- SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger: HSON, ENZB, and BRZH
- The Blue Luna Encourages Local Schools to Take Steps to Enhance Safety for Students and Staff
- Momentum Commerce Tracking of Amazon US Prime Day Sales Shows +165% Increase on Day 3, Path to Year-over-Year Growth
- The Sessions Studios Secures $300 Million Commitment to Launch World-Class Studio and 15-Film Global Slate
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market