Provation – Medical Alley Association

Medical Alley Startups Break $3 Billion Mark in Record Setting Year

Medical Alley’s startup community raised over $3 billion in capital in the public and private markets in 2021, cementing the region as one of the top health innovation ecosystems in the world. Past Medical Alley investment leader Bright Health Group went public in April, raising $924 million, one of four public offerings in the year. […]

Fortive to Acquire Provation, a Leading Healthcare Workflow Software Provider

EVERETT, Wash. — December 3, 2021 — Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that it has entered into a definitive agreement with Clearlake Capital Group, L.P. to acquire Provation Software, Inc. (“Provation”), a leading provider of clinical workflow software solutions used in hospitals and ASCs, for $1.425 billion. The acquisition is subject to customary closing conditions and regulatory approvals […]

In the Know: Healthcare News for December 13, 2021

Bright Health Raising $750 million, Including Cigna investment Med-tech Design Firm Worrell Acquired by Raleigh-Based Veranex Clearlake Capital-backed Provation to be acquired by Fortive CardioMech Performs First In-Person Procedure with Transcatheter Mitral Valve Repair Tech Hennepin Healthcare Hosts ‘Black Men With Stethoscopes Youth Summit’ Itiliti Health Raises $2 million to Streamline Rudimentary Prior Authorization Process […]

In the Know: Healthcare News for September 7, 2021

Baxter to Buy Hillrom for $10.5B in Bid to Expand Connected Care Portfolio Mitesco Sets Opening Dates for New Minneapolis Clinics, Additional Sites in Minneapolis and Denver Markets Expected to Follow Imricor (ASX:IMR) Pens Sales Agreement with NordicNeuroLab Starkey Unveils Evolv AI – the Hearing Industry’s Most Innovative Line of Hearing Aids Switchback Medical Purchases […]

In the Know: Healthcare News for July 19, 2021

Peter Arduini Named CEO of GE Healthcare Medtech Veteran Martha Shadan Joins CVRx Board of Directors Vyant Bio Announces Issuance of Key Patent for High-Throughput Optical Assay of Human Mixed Cell Population Spheroids Provation and the Australian Commission on Safety and Quality in Health Care Strive to Improve Colonoscopy Documentation with New Requirements and Technology […]

In The Know: Healthcare News for June 21

Aldevron to be Acquired for $9.6B by Danaher Blue Cross and Blue Shield of Minnesota Names Matt Hunt as Chief Experience Officer Medical Alley Members Recognized as Finalists in EY’s Entrepreneur of the Year Awards Provation and PE GI Solutions Announce Master Subscription Agreement Medical Alley Members Among Top 50 Medtech Startups Selected for Annual […]

In the Know for June 14, 2021

Icario Expands with Acquisition of ChipRewards Twin Cities Medical Device Firm Plans an IPO Central Logic Names Healthcare Operations Veteran and Entrepreneur Tod Thompson as Chief Operating Officer New Director Named for Center for Regenerative Medicine Minnesota Cannabis Firm Expands in Psychedelic Medicines, Sets New Revenue Target How One Biotech Company Narrowed the Gender Gap […]

In The Know: Healthcare News for May 10, 2021

Phenomix Sciences Signs Exclusive Technology Licensing Deal With Mayo Clinic for Obesity Phenotype Blood Test Metavention Announces Initiation of Groundbreaking Multi-Organ Denervation Study Bio-Techne Q3 Profit Tops Estimates Provation Buys Florida-Based Health Software Company Smiths Medical and Ivenix Partner to Revolutionize Infusion Management with First-Ever Comprehensive Suite of Infusion Solutions in US Healthcare Market A […]

Acquisition Further Expands Provation’s Industry-Leading Anesthesia Expertise and Its Portfolio of End-to-End Clinical Productivity and Documentation Software and SaaS Solutions

Minneapolis, MN, Santa Monica, CA, and Tampa, FL – May 4, 2021 – Provation, the premier software and SaaS provider of procedure documentation and clinical decision support solutions, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced its acquisition of iProcedures, LLC, a top-rated provider of cloud-based anesthesia documentation and perioperative data […]

In The Know: Healthcare News for April 26, 2021

Vyant Bio, Inc., Ordaōs Bio, and Cellaria, Inc. Announce Collaboration to Design and Qualify Biomarker-Specific Small Protein Therapeutics Endeavour Vision Closes Endeavour Medtech Growth II LP at USD 375m to Invest in Transformative Healthcare Technologies Celcuity Licensing Deal with Pfizer Drives Stock Up 85% in One Week One Year Out From Series B, Senior Care […]

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