Blackstone Acquires Software Leader HealthEdge

As a provider of software to health insurers, HealthEdge is a fast-growing firm that successfully leverages a niche need for specialized services for those in benefits administration and care management. Just last month, the Burlington-based firm reported that its revenue increased by over 30 percent in 2019, and it expanded its customer base by 25 percent. Its numbers like this that drew the attention of Blackstone Growth’s senior managing director Ram Jagannath...