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CIBC Innovation Banking Provides Senior Credit Facilities to Medisolv

Date: Jul 13, 2023 @ 07:30 AM
Filed Under: Technology

CIBC Innovation Banking provided Senior Credit Facilities to support BVP Forge’s strategic investment and fund working capital in Medisolv, a leading 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. The platform is used by thousands of hospitals and healthcare providers across the U.S.

“We are delighted to support Medisolv’s mission to advance towards a value-based healthcare delivery and payments model,” said Joe Hammer, Co-Head Life Science and Healthcare, CIBC Innovation Banking. “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,” said Zahid Butt; MD, FACG, Founder and Chief Executive Officer, Medisolv. “CIBC Innovation Banking's team industry expertise will be invaluable as we partner with BVP Forge to advance our efforts.”

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