Vee Healthtek Joins TA Associates’ Portfolio with Strategic Growth Investment

FacebookFacebookTwitterTwitterEmailEmailLinkedInLinkedInWhatsAppWhatsAppMessengerMessengerFlipboardFlipboardGmailGmailTelegramTelegramShareShare

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

SI Group Awarded Bronze Medal by EcoVadis for Corporate Social Responsibility

Company Ranked in the Top 35% of All Rated Companies Underscoring the Company's Commitment to…

5 hours ago

S-E-A Expands Forensic Capabilities with High-Tech Industrial CT Scanner

COLUMBUS, Ohio, March 19, 2025 /PRNewswire/ -- Computed Tomography (CT) scanning, once primarily associated with medical…

5 hours ago

Tech Mahindra and NVIDIA Collaborate to Advance Drug Safety with Agentic AI-Powered Pharmacovigilance Solution

PUNE, India, March 19, 2025 /PRNewswire/ -- Tech Mahindra (NSE: TECHM), a leading global provider…

5 hours ago

Stanford Medicine and LEADOPTIK Announce Research Collaboration to Advance AI-Enhanced, Real-Time Optical Imaging in Lung Cancer Biopsy

SAN JOSE, Calif., March 19, 2025 /PRNewswire/ -- LEADOPTIK Inc., a Silicon Valley-based medical imaging…

5 hours ago

NASDAQ-listed TNL Mediagene Provides AI-Powered CMS Technology to Japanese Publishers

NEW YORK and TOKYO, March 19, 2025 /PRNewswire/ -- Mediagene Inc., a group company of…

5 hours ago

Sisram Medical Announces 2024 Annual Results

New product launches drive double-digit growth in key markets and deliver market outperformance amid economic…

5 hours ago