Vee Healthtek Joins TA Associates’ Portfolio with Strategic Growth Investment

NEW YORK, Nov. 19, 2024 /PRNewswire/ — Today, TA Associates (“TA”), a global growth private equity firm, has announced a majority stake investment in Vee Healthtek, the former healthcare professional services division of Vee Technologies. Now a TA portfolio company, Vee Healthtek will enhance its client-focused healthcare solutions and operations through expanded offerings, increased resources, and cutting-edge technology.

TA, known for its expertise in scaling global companies, recognizes the immense potential for expansion within the dynamic healthcare sector. Through its investment, the firm will leverage its record of success to fuel extraordinary growth and innovation for Vee Healthtek and its clients.

As a partner to top payers and providers, Vee Healthtek delivers end-to-end solutions with AI, automation, and machine learning functionalities that streamline operations, enhance financial performance, and support the delivery of exceptional patient care. Its best-in-class, technology-enabled offerings, including revenue cycle management, health information management, business intelligence and analytics, risk adjustment, and claims management, ensure that the healthcare organizations Vee Healthtek serves receive unparalleled accuracy and quality.

The synergy between Vee Healthtek’s domain knowledge and TA’s strategic vision signifies the start of a robust relationship that is poised to set new benchmarks in healthcare. With access to TA’s technology, resources, and networks, Vee Healthtek anticipates diversifying its suite of services, enhancing capabilities, and capturing an even greater market share of the healthcare sector.

“TA’s wealth of knowledge will allow us to take the scope and sophistication of our services to new heights.” Matt Michaels, CEO of Vee Healthtek, commented. “Alongside TA, we will unlock an expanded realm of possibilities for our clients. The forecast is extremely promising, and I am eager to see what we can accomplish together. With TA’s support and guidance, Vee Healthtek will scale faster than ever imaginable.”

This partnership marks a pivotal moment in the healthcare sector. Vee Healthtek and TA are positioned to transform the future of the industry by harnessing their unique strengths and insights. Together, they will drive revolutionary outcomes for patients, payers, and providers alike.

About Vee Healthtek:
Vee Healthtek is a leading professional services provider and strategic partner to the nation’s top healthcare organizations. Rooted in a history of innovation, Vee Healthtek offers industry-best results backed by data and technology. With a comprehensive suite of end-to-end solutions, the firm delivers excellence in healthcare business process outsourcing services. For more information, please visit www.veehealthtek.com

About TA Associates:
TA is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and business services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has over 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. For more information, visit: www.ta.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vee-healthtek-joins-ta-associates-portfolio-with-strategic-growth-investment-302309977.html

SOURCE Vee Healthtek

Staff

Recent Posts

Talkdesk AI Agents for voice powers human-like conversational virtual agents that operate, understand, respond, and take action autonomously, revolutionizing customer engagement

The Talkdesk Ascend AI platform, through agentic artificial intelligence, gives companies access to advanced multi-channel…

4 hours ago

Health in Tech Expands Executive Team to Drive Growth and Innovation

Dustin Plantholt appointed Chief Growth OfficerChris Kurtenbach appointed Chief Operating Officer(Jonathan) Del Lockett appointed Chief…

4 hours ago

Fathom Holdings Appoints Highly Experienced Technology Industry Expert Adam Rothstein to Board of Directors

CARY, N.C., March 17, 2025 /PRNewswire/ -- Fathom Holdings, Inc. (Nasdaq: FTHM) ("Fathom"; or the…

4 hours ago

Wonderfeel Partners with Truemed to Make Science-Backed Longevity Products HSA/FSA Eligible

SAN FRANCISCO, March 18, 2025 /PRNewswire/ -- Wonderfeel Biosciences, an industry leader in revolutionary longevity technologies,…

4 hours ago

TiE South Coast Announces The Inaugural AI2025 Innovation Awards

Recipients Personify Excellence in AI, Real-Life Leadership, and Impact across the Greater San Diego Region Winners…

4 hours ago

PrimeRx Wins at the 2025 Stevie Awards for Customer Center Excellence for Second Consecutive Year

UNIONDALE, N.Y., March 17, 2025 /PRNewswire/ -- PrimeRx, a leading provider of pharmacy management technology,…

4 hours ago