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Hospital analytics firm plans $100 million IPO

By Boston Business Journal  
   April 08, 2015

Hospital analytics firm Press Ganey is planning to launch an estimated $100 million initial public offering, following several financially successful years providing analytics to health care organizations. The 30-year-old Wakefield-based company has made quite a profit offering surveys and data analytics to help health organizations improve, reporting $52.6 million in operating income in 2014, a 33 percent increase from the year prior. In 2014, the company reported $281.6 million in revenue. According to federal filings, the company has served more than 22,000 health care facilities as of Jan. 1, including 62 percent of acute care hospitals in the nation.

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