Scoop: GTCR nears $1.3 billion deal for electronic health records company Experity
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Summary
Why it matters: This comes as urgent care clinics experience a pandemic-fueled boon in patient visits due to COVID testing, which ultimately benefits end-market tech companies like Experity.Flashback: Warburg, a prolific investor in health tech, merged DocuTap and Practice Velocity in May 2019 to create Experity.The bottom line: Investors see a lot of runway behind the digitization of health records and billing, as evidenced by last month's $17 billion deal for Athenahealth.Sarah is co-authoring our upcoming Axios Pro newsletter on health tech deals.
As said here by Sarah Pringle