BroadPath, LLC

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BroadPath, LLC - overview

Established

2008

Location

Tucson, AZ, US

Primary Industry

Outsourcing

About

BroadPath, LLC, founded in 2008, operates in Tucson, US, focusing on healthcare administrative services. In January 2025, the company was acquired by Sagility for USD 58 mn to enhance service offerings. The founder's history includes a commitment to healthcare solutions, although additional details on previous ventures are unavailable. BroadPath specializes in business process management for the healthcare sector, offering a comprehensive suite of customized solutions that cater to payers, providers, and other healthcare organizations.


Their core product offerings encompass member acquisition and retention, customer experience management, claims and appeals administration, utilization management, and care coordination. These services are designed to address the complexities of the U. S. healthcare system, which includes the management of sensitive health and financial information.


BroadPath serves a diverse client base that includes regional and national health plans, pharmacy benefit managers, accountable care organizations, Medicare administrative contractors, home health organizations, and healthcare technology providers across various geographical markets, including North America. BroadPath generates revenue through structured partnerships and service agreements with its clients, primarily in a B2B model. Clients engage the firm to manage various healthcare administrative operations, which allows them to focus on delivering patient-centered care. Transactions typically involve service fees aligned with specific services rendered, such as member lifecycle engagement, provider services, and pharmacy benefit management.


The company may implement various pricing plans based on the scale and complexity of the services provided, ensuring tailored solutions for each client. This operational model underscores BroadPath's commitment to delivering value while facilitating smoother interactions within the healthcare landscape. In January 2025, Sagility, a portfolio company of EQT Private Capital Asia, acquired BroadPath, LLC for USD 58 mn in cash. This acquisition aims to bolster Sagility's service offerings and expand its presence in the US healthcare market.


BroadPath is likely to leverage this backing to enhance its existing solutions and potentially explore new market opportunities, although specific product launches or geographic expansions have yet to be detailed.


Current Investors

Primary Industry

Outsourcing

Sub Industries

Consulting Services, Human Resources Services, Recruitment/Executive Search

Website

www.broad-path.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

BroadPath, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedBroadPath, LLC-

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