pH Partners Serves as Exclusive Financial Advisor to VeruStat, Inc.
NEW YORK, NY, USA, December 18, 2023 –- pH Partners is pleased to announce that today, our client VeruStat, Inc. (“VeruStat”) has completed a sale of substantially all its assets to CoachCare, a remote patient monitoring company.
VeruStat is an innovator in remote care management, focusing on individual patient care plans that result in improved outcomes and cost savings. Their team, comprising medical and non-clinical professionals, works with payors and providers to enhance the patient experience and clinical outcomes. They offer evidence-based care plans, reducing clinical variation and boosting financial performance. Their services include remote physiological monitoring (RPM), chronic care management (CCM), and comprehensive patient support elements like caregiver engagement.
pH Partners, LLC, served as the Exclusive Financial Advisor to VeruStat on its asset sale to CoachCare.
To read more, visit the press release here.
About CoachCare:
CoachCare specializes in remote patient monitoring and virtual healthcare, providing comprehensive support to enhance patient care and boost provider revenue. Their technology integrates easily, aiming for improved outcomes and significant revenue increases, with RPM clients typically seeing 11.2x ROI.
pH Partners Transaction Leads:
Peder Hatling
pH Partners, LLC
peder@phpartners.com
Yash Erukulla
pH Partners, LLC
yash@phpartners.com
About pH Partners:
pH Partners, LLC is a boutique investment banking firm delivering capital formation, partnership, merger, and acquisition solutions to companies at the convergence of Healthcare, Technology, and the Consumer. The pH Partners team comprises senior-level executives with extensive backgrounds in investment banking, life sciences, medicine, and operations. Our team has collectively closed over $20B in strategic advisory transactions and raised more than $5B in capital for our clients. pH Partners is headquartered in Austin, Texas, with offices in Houston, Minneapolis, Portland, and New York. To learn more, visit phpartners.com.
