NASHVILLE, TN (December 15, 2025): Bailey & Company announced today that it served as the exclusive financial advisor to Performance Health Partners on its acquisition by Sentact, a portfolio company of BV Investment Partners.
Sentact, a leader in healthcare technology, analytics, and services reimagining the path to exceptional care, has acquired Performance Health Partners (PHP), the #1 Best-in-KLAS provider of safety event / incident management software, along with the Vizient® Patient Safety Organization (PSO), one of the nation’s largest and longest running PSOs. Together, these acquisitions broaden Sentact’s patient safety portfolio and represent two critical pieces in Sentact’s growing strategy to empower healthcare organizations to drive measurable improvements in safety and quality – and to deliver highly reliable, consistently excellent care.
PHP’s flagship event / incident management solution is a configurable, flexible system that streamlines safety incident reporting, from initial report to resolution. Ranked #1 by KLAS for Healthcare Safety, Risk, and Compliance Management Software for the last three consecutive years, PHP’s technology further enhances Sentact’s software capabilities, providing digital workflow and insights that support root cause analysis and drive safety improvements for healthcare organizations of all types.
As part of the acquisition, PHP Founder & CEO Heidi Raines will join Sentact as Chief Strategy Officer to support the combined organization’s mission to power the critical safety, quality and patient experience initiatives that improve patient outcomes.
“PHP’s mission has always been to transform healthcare safety, and joining Sentact accelerates that mission in a powerful way,” said Heidi Raines, Chief Strategy Officer at Sentact. “Joining Sentact enables us to significantly expand our reach and deliver even more value to the organizations we have proudly served for over a decade. By combining our Best-in-KLAS solution with Sentact’s existing technology, analytics, and services, we’re building a future where healthcare organizations can be proactive in their pursuit of safer care.”
“Patient safety and reducing preventable harm is one of the top strategic priorities, if not the top strategic priority, for hospital and health system leadership,” said Daniel Hart, CEO of Sentact. “These acquisitions are another significant step forward for our organization in reimagining the path to exceptional care. Together, we’re enabling organizations to better support safety initiatives, better anticipate risks, and focus on what matters most, achieving enhanced outcomes for patients.”
“Performance Health Partners has built a market-leading technology platform that helps organizations manage risk, strengthen safety, and improve compliance” said Jeff Bailey, Managing Director at Bailey & Company. “The acquisition by Sentact is a testament to PHP’s solution and positions Sentact for continued growth as part of its broader strategy to drive improvements in safety and quality across the healthcare industry.”
ABOUT PEFORMANCE HEALTH PARTNERS
Performance Health Partners provides intuitive, data-driven software that empowers healthcare organizations to proactively manage risk, strengthen safety, and ensure compliance. Its platform includes an industry-leading incident reporting system, rounding software, digital healthcare surveys and feedback solutions, and comprehensive compliance capabilities—all designed to drive adoption, remove barriers, and deliver measurable improvements. Trusted by top healthcare organizations nationwide, PHP equips teams with the tools they need to continuously improve and deliver safer care.
ABOUT SENTACT
Sentact is reimagining the path to exceptional care for hospitals and health systems by powering the mission-critical safety, quality, and patient experience initiatives that enhance outcomes. With unmatched technology, analytics, and services, Sentact’s end-to-end solutions and proven expertise drive value across clinical operations, empowering healthcare leaders to transform insights into action and achieve measurable improvements and better patient outcomes organization-wide. For more information, visit sentact.com.
Bailey & Company is a Nashville-based merchant banking platform focused on middle market healthcare companies in the healthcare services, healthcare technology, payer services and pharma services/medtech/life sciences sectors. As one of the largest independent, sector-focused investment banking and investing platforms in the country, Bailey & Company supports strong management teams that have built scalable platforms by providing strategic insights, world-class advice and access to one of the most diverse networks of industry experts. For more information see: www.bnco.com
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