CIBC Innovation Banking provided senior credit facilities to support BVP Forge’s strategic investment and fund working capital in Medisolv, a healthcare quality management platform.
Medisolv helps improve the quality of patient care and provider performance by enabling users with the latest technologies to aggregate data across a wide variety of clinical and financial sources.
“We are delighted to support Medisolv’s mission to advance towards a value-based healthcare delivery and payments model,” Joe Hammer, co-head life science and healthcare at CIBC Innovation Banking, said. “We look forward to working with the team and BVP Forge as it aims to expand the company’s footprint within the healthcare provider and payer end-markets.”
“Medisolv’s vision from the beginning was to create a data-driven, patient-centric performance improvement system to drive high-quality patient care. In the nearly 25 years since our founding, we have grown by offering unwavering dedication to clients who rely on our innovative software solutions and services,” Zahid Butt, MD, FACG, founder and CEO of Medisolv. “CIBC Innovation Banking’s team industry expertise will be invaluable as we partner with BVP Forge to advance our efforts.”
