Lowenstein represented Cloudmed, a New Mountain Capital portfolio company and leader in Revenue Intelligence™ solutions for healthcare providers, in its acquisition of par8o, an innovative healthcare technology company specializing in 340B and patient referral management technology for healthcare providers.
This acquisition advances the capabilities of Cloudmed’s 340B Discovery Services and elevates its CloudmedAI™ platform with par8o’s sophisticated machine learning technology. This is the latest in a series of Cloudmed investments in scalable, advanced technology solutions that help healthcare providers recover more revenue and reimbursement across the entire revenue cycle.
Cloudmed partners with over 3,100 healthcare providers in the United States and recovers over $1.5 billion of underpaid or unidentified revenue for its clients annually.
The Lowenstein deal team included: David L. Goret, Sam E. Khan, Mitchell McDonald, Kaitlyn M. Baietto, Elvis Pinos, James C. Shehan, Michael Walutes, Sophia Mokotoff, Darren Goodman, Megan Monson, Batool T. Banker, Amy C. Schwind, Bryan Sterba, Jenna-Marie Tracy, Oluwaseyi O. Amorin, Manali Joglekar, Alex H. Rosenthal, Eric Jesse, Jacquelyn Lyons, Fran Skoller, Kimberly E. Lomot, Jeffrey M. Shapiro, Ricardo Gray, and Nathaniel A. Perle.
About Lowenstein Sandler LLP
Lowenstein Sandler is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
Contact(s):
Penny Paul
Manager, Marketing Communications
Lowenstein Sandler LLP
(973) 597-2592
ppaul@lowenstein.com
