MW Ensemble Health Partners to raise up to $649 million in planned IPO

Ensemble Health Partners Inc. set terms for its initial public offering on Tuesday, with plans to offer 29.5 million shares, priced at $19 to $22 each. The company would raise $649 million at the top of that range, at a valuation of $1.2 billion. The company has applied to list on Nasdaq, under the ticker "ENSB.' Goldman Sachs, BofA Securities, Deutsche Bank and Guggenheim are lead underwriters in a team of 12 banks working on the deal. "Ensemble Health Partners is a leading provider of technology-enabled revenue cycle management ("RCM") solutions for health systems, including hospitals and affiliated physician groups," the company says in its prospectus.

-Ciara Linnane

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October 19, 2021 07:58 ET (11:58 GMT)

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