Enhanced Healthcare Partners (EHP) has announced it has completed an investment in Hallmark Health Care Solutions.
Hallmark Health Care Solutions (HHCS), based in Hauppauge, N.Y., is a healthcare consulting and technology firm. The software-as-a-service (SaaS) company offers physician compensation and workforce management solutions for health systems, academic medical centers and physician groups.
EHP, with offices in New York and Salt Lake City, Utah, is a healthcare-focused private equity firm that makes minority and majority investments in founder and entrepreneur-led lower middle market companies. Founded in 2005, the firm seeks to invest in companies between $50 million and $250 million in enterprise value.
EHP indicated that its investment in HHCS will help advance the company’s research, development and strategic objectives.
Terms of the transaction were not disclosed.