Fund II was originally projected to raise $120 million. The fund has already made its first investment in a company providing care at home, according to an April 10 Northrim Horizon news release.
Northrim targets mature and cash-generative businesses with earnings before interest, taxes, depreciation and amortization between $1 million and $5 million.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
