Software-focused private equity firm Sunstone Partners has invested in Accuhealth, a healthcare technology company providing remote patient monitoring and chronic care management solutions.
Accuhealth’s solutions encompass hardware, proprietary software and clinical monitoring for physician practices and health systems in the US.
Sunstone Partners’ investment is intended to support the firm’s future growth and the expansion of the its service offerings, according to a press release.
As part of the investment, Chris Schmaltz, previously Chief Value-Based Care Officer at Panoramic Health, will be joining as Executive Chairman. Additionally, Jennifer Bahr, previously CFO of Sunstone Partners’ prior portfolio company NetSPI, will be joining Accuhealth as CFO.
Choate Hall & Stewart and RSM US advised Sunstone Partners.
