Ensemble Health files for $100 million IPO
Published
Sep 29 2021 at 9:01 PM GMT
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- Ensemble Health Partners has filed for an initial public offering, seeking to sell $100 million worth of shares, although that figure is often a placeholder used to calculate fees.
- Based in Cincinnati, Ensemble offers medical-claim management tools for hospitals and other health-care providers, enabling them to identify, manage, and collect revenue from patients, insurance companies, and other payors.
- Underwriters include Goldman Sachs and B of A Securities, according to the filing Wednesday.
- Ensemble plans to trade on the Nasdaq under the symbol ENSB.
- It listed revenue of $600 million in 2020, compared with $231 million for the six months ended in December 2019, and net income of $101 million for 2020, compared with net income of $33.6 million for the six months ended in December 2019.
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- Published Sep 29, 2021 9:01 PM GMT