Reed Welch

Reed Welch leads the firm’s sector coverage for companies providing software and software-enabled solutions to various healthcare constituents, such as providers (integrated health systems, hospitals, clinics/practices, and post-acute/home health) and payors (health plans and employers). Reed joined Raymond James in 2009 as part of the firm's acquisition of Lane, Berry & Co., where he led healthcare software coverage since 2003, totaling over two decades of dedicated coverage to the sector. Prior to Lane, Berry & Co., Reed spent about a decade as a generalist investment banker at Donaldson, Lufkin & Jenrette. Reed’s transaction experience includes sell-side and buy-side M&A, as well as private and public financing transactions. He holds a Bachelor of Arts in international business from Ohio Wesleyan University.

Illustrative healthcare software clients include HealthPay24, PaceMate, Millennium Trust, Limeade, Benefit Resource (2x), Navvis Healthcare (2x), HealthSavings Administrators, Definitive Healthcare, Ovia Health, Doximity, iProcedures, AAPC (3x), Navia Benefit Solutions, Solutran, GoodRx, Proteus Digital, QGenda (2x), Health Catalyst (2x), Wellbeing Software, Crisis Prevention Institute, Phreesia, Quantros (3x), Advent Int’l (target: Definitive Healthcare), Rhapsody (target: Corepoint Health), Cambio Healthcare, Jvion, MDLive, Hg Capital (target: Rhapsody), Maxwell Health, Redbrick Health, Office Practicum, ConnectiveRx, ClearBalance, Healthcare Bluebook, Provant, Cardinal Health/NaviHealth (target: Curaspan), Connecture (2x), ShapeUp, Benefitter, HealthStream, Press Ganey, The Advisory Board Company, PatientKeeper, voalte, HealthEquity (4x), Qualifacts, bswift, Castlight Health, NexTech (2x), Premier, Benefitfocus, SuccessEHS, Empyrean Benefit Solutions, Surescripts, MedSeek (aka, Influence Health), Greenway, Payflex (2x), Carefx, Medicity, Axolotl, Evolution Benefits (aka Wex Health), Amicas, subimo, mbi (aka Alegeus), and Intelliclaim.