Foley & Lardner LLP served as legal advisor to Novacap, one of North America’s leading private equity firms, in its significant investment in Harmony Healthcare IT (HHIT), a health data management and platform solutions provider. The strategic partnership will enhance HHIT’s technological capabilities and expand its role in the health information technology sector.
HHIT’s HealthData Platform provides an enterprise-wide, cloud-hosted infrastructure that secures patient, employee, and business records for health care delivery organizations in the United States and Canada. The platform enables a higher quality of coordinated care and information access for health care organizations and their patients by integrating with leading inpatient and outpatient electronic health record systems. HHIT also provides a comprehensive suite of data management services, including data extraction, migration, retention, matching, integration, and records release.
In partnership with Novacap, HHIT is exploring new data handling and data use innovations to accelerate the company’s growth and expand its impact on health care globally. HHIT currently serves a large customer base that includes top-tier health systems, independent hospitals, and ambulatory networks, making them proficient in working with a wide array of clinical, financial, and administrative legacy systems.
The Foley deal team was led by partners Benjamin Rikkers and Gjina Lucaj and included partners Scott Anderson, Carmen Decot, Chanley Howell, Sarah Null, of counsel Kathleen Bardunias, senior counsel Libby Ridley, and associates David Britton, Jake Gordon, Richard Guyer, and James Ritter.
