Kli Capital’s Post

FastWave Medical, a Minneapolis, MN-based clinical-stage medical device company, raised $19M in funding. Epic Venture Partners led the round with participation from M&L Healthcare Investments and existing investors. LastWave Medical is developing intravascular lithotripsy (IVL) systems for calcific artery disease. Focusing on empowering physicians with procedural efficiency, it aims to redefine the sector by introducing new IVL technologies for the clinician experience and overall patient care. https://lnkd.in/g_AR2Rus

We just helped a telemedicine founder get $30M in capital committed in 3.5 months. Before us he got burned by 4 firms. “They took their retainer and screwed us” he told me. Here’s what we did different: 1 - Used AI to match investor mandates 2 - Crafted 3 winning scientific outbound campaigns 3 - A/B tested relentlessly until we found winning frameworks 4 - Tripled down on winning frameworks 2 term sheets. $30M committed. No burned runway or wasted money. Instead: predictable, stress-free capital raising.

BREAKING NEWS: Farmington, Utah-based PACS Group is slated to "go public" on the NYSE today (Thurs., 11 April 2024) raising ~$450 million in the process at a valuation of roughly $3.1 billion through this #IPO. (See https://lnkd.in/gd8ybjJM for a short overview of this story.) If you're like most Utahns in the #business community, chances are you've never heard of #PACSGroup before. But it's one of the largest #SkilledNursingFacility owner/operators in the U.S., with 208 #SNFs in its network across 9 states. And in 2023, #PACS brought in $3.1 billion in revenue, making it the 3rd-largest #healthcare provider in the state. To get the full details, please turn to Utah Money Watch to read "Farmington-based PACS is Poised to Shock Utah's Biz Community with its $3.1 Billion IPO Slated to Hit Today, Thursday, 11 April 2024" ... here: https://lnkd.in/gA_wbFnR. #utah #utahnews #utahmoneynews #moneynews #utahfinancialnews #financialnews #initialpublicoffering #iponews #raisingmoney #healthcare #utahmoneywatch

As OneStream goes public, how it adds up for finance professionals: OneStream leaders may still be nursing celebratory hangovers after their IPO debut in NYC this week. The deal was over-subscribed. The share price beat expectations. And, most importantly, the raised a lot of capital to fuel future growth. Here’s the quick take on the deal. http://dlvr.it/TB5d3F

Unfortunately, this situation highlights the extractive nature of private equity in healthcare. While the initial allure of VC/PE funding is undeniable, the focus on maximizing profits often leads to unsustainable practices—as seen in Forward's closure. Unlike traditional physician-owned practices that prioritize patient relationships and continuity of care, PE-backed ventures frequently prioritize short-term gains. This can lead to abrupt closures, staff layoffs, and a decline in the quality of care. The influx of private equity has created a "medical-industrial complex" where profit motives overshadow patient needs. This not only harms patients but also erodes the very foundation of medicine. We need to re-evaluate the role of private equity in healthcare and advocate for a system that prioritizes patient well-being over investor returns. Physicians need to remember that there is no free lunch. PE exists to extract value from your work. They do not care about you (apart from being a revenue generator), your career, or your patients.

While starting my day at the AAPPM conference I tried to reflect on what I have learned so far. Few key points when implementing a new technology into your practice so that it NOT will be sitting on the shelf collecting dust: 1. get good training for you and the rest of the team. 2. make sure you have processes in place for the implementation of a new technology. 3. make sure everyone in the office is aware of the new technology, understands it's benefits and knows how to communicate it to patients in a clear an concise ways. We at ToeFX Inc. have an onboarding process for new partner clinics so we got you covered #podiatrist #practice management

A bipartisan group of U.S. senators, including Sherrod Brown, Ron Wyden, Tammy Baldwin, and John Fetterman, has publicly called on Synapse’s owners, partners, and venture capital backers to swiftly restore access to customer funds. This urgent demand follows Synapse’s bankruptcy filing in May, which has left customers unable to access their accounts since mid-May. Read the full story here: https://lnkd.in/dGTrZsFE #SynapseBankruptcy #Fintechnews #MissingFundsSynapse #FinancialNewsUS

❇ And just like that, we're officially on the tech map at Kitces.com as a solution provider for advisors. - A tiny milestone, but makes the journey all the more worthwhile to be associated with Michael's work for the wealth management community. #artificialintelligence #wealthtech

SPAC Feed: Welcome to The Rundown! Each week we’ll identify and break down for you SPACs that are capturing market share and… - https://lnkd.in/ehjgZ8Jy #SPACs #SPACNews #SPAC #IPO #markets #news #capitalmarkets #trends #goingpublic #finance #business

📢 Upcoming IPO Alert: Inventurus Knowledge Solutions Limited! 📢 💡 Key Details: Offer Period: 12 Dec - 16 Dec 2024 Issue Size: ₹2497.92 Cr Price Band: ₹1265 - ₹1329 Lot Size: 11 Shares About the Company: Inventurus Knowledge Solutions Limited (IKS Health) is a healthcare technology company supporting providers with services like clinical support, medical documentation, and virtual medical scribing. Their platform streamlines administrative tasks, helping patients get faster care while reducing the workload on healthcare providers. Investment Insights: 📈 Suitable for small listing gains and long-term investors. ❓ Do you think healthcare technology is the future of investing? Let us know in the comments! 🔍 Don’t Miss Out: 👉 Visit sharesbazaar.com to learn more and get ready to invest! 💡 Disclaimer: Investments in the securities market involve risks. Be sure to read all documents carefully before making any investment decisions. . . #IPOAlert #InvestSmart #HealthcareInnovation #SharesBazaar #IKSHealth #insights #InvestmentOpportunity #upcomingipupdate #IPO2024 #stockmarketupdates