Like Lucina Health

closed 1/15/2020 via PR Newswire

Unified Women’s Healthcare, LLC, acquired Lucina Health

See 1007 Comparable Transactions
synopsis: Unified Women's Healthcare has acquired the assets of Lucina Health, a company dedicated to improving healthcare for women and babies.  Operating within the Unified family as Lucina Analytics, the company supports payors and providers with big data insights and advanced analytics.
buyer: Unified Women’s Healthcare, LLC
Unified Women's Healthcare, headquartered in Boca Raton, FL, was founded in 2009 as a single-specialty Management Services Organization. Today, the company assists Ob-Gyn practices to grow and thrive through operational and business support services in a unique, yet complementary model. "
 target: Lucina Health
Lucina, located in Louisville, Kentucky, is a data-driven, enterprise SaaS company that delivers the leading women's maternity analytics platform to innovative health plans, Medicaid providers and public entities.
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closed 11/24/2021 via GlobeNewswire

Insight Venture Partners, Nordic Capital, acquired Inovalon, Inc.

See 1033 Comparable Transactions
synopsis: Inovalon, a leading provider of cloud-based platforms empowering data-driven healthcare, has been acquired by an equity consortium led by Nordic Capital, and joined by Insight Partners, as lead co-investor, 22C Capital, and founder Keith Dunleavy, M.D. and certain Class B stockholders of Inovalon.
buyer: Nordic Capital
buyer: Insight Venture Partners
Nordic Capital is a Swedish private equity investor with a commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Insight Partners is a leading global venture capital and private equity firm "
 target: Inovalon, Inc. (INOV:$449.36)
Inovalon is a leading technology company that combines advanced cloud-based data analytics and data-driven intervention platforms to achieve meaningful insight and impact in clinical and quality outcomes, utilization, and financial performance across the healthcare landscape.
price ($mm)[EV]
$6,412 [$7,307]
rev ($mm)
$719
EBITDA ($mm)
$222
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10.2x
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32.9x
closed 10/3/2017 via BusinessWire

Trilliant Health, acquired Expression Health Analytics

See 805 Comparable Transactions
synopsis: Trilliant Health, the parent company of a group of healthcare technology, analytics, and marketing companies, announced the purchase of Expression Health Analytics, a healthcare data analytics and insights company. Expression offers purpose-built, subscription-based analytic insights needed for business growth strategies.
buyer parent: Martin Ventures
buyer: Trilliant Health
Trilliant Health is the parent of a group of healthcare technology, data, and marketing companies focused on making hospitals stronger by delivering prescriptions for growth to increase a hospital’s market share. "
 target: Expression Health Analytics
Expression Health Analytics helps health care organizations succeed in rapidly changing markets by providing purpose-built, subscription-based analytic insights needed for business growth strategies. They answer clients' questions ranging from mergers and acquisitions to outpatient site development.
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closed 2/22/2017 via PR Web

JVION, LLC, purchased Healthcare IT practice from Predixion Software

See 1033 Comparable Transactions
synopsis: Atlanta-based Jvion, the leading cognitive clinical science machine firm, announced the acquisition of the predictive analytic firm Predixion’s Healthcare IT practice. Atlanta-based Jvion, the leading cognitive clinical science machine firm, announced the acquisition of the predictive analytic firm Predixion’s Healthcare IT practice.
buyer: JVION, LLC
Jvion delivers a Cognitive Clinical Success Machine that serves as a high-performance appliance. It activates recommendations that help healthcare providers who need ultra-definition patient-level predictions, prioritizations, interventions, and suggestions. "
 seller parent: GreenWave Systems
seller: Predixion Software
Predixion’s Healthcare IT practice provides predictive analysis to healthcare providers. Predixion has had great success. Most notably, they have helped Carolina’s Health System empower their nursing staff with insights and processes that have led to a reduction in the provider’s readmission rate.
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announced 4/13/2015 via PR Newswire

IBM Watson Health, will acquire Explorys, Inc.

See 1080 Comparable Transactions
synopsis: IBM announced plans to acquire Explorys, a healthcare intelligence cloud company that has built one of the largest clinical data sets in the world, representing more than 50 million lives. Explorys provides secure cloud-based solutions for clinical integration, at-risk population management, cost of care measurement, and pay-for-performance.
buyer parent: IBM
buyer: IBM Watson Health
IBM Watson Health Cloud will bring together clinical, research and social data from a diverse range of health sources, creating a secure, cloud-based data sharing hub, powered by the most advanced cognitive and analytic technologies. "
 target: Explorys, Inc.
Originally inspired by physicians and informatics leaders, Explorys combines the most powerful healthcare computing platform in the world with turnkey solutions for clinical integration, at-risk population management, cost of care measurement, and pay-for-performance solutions.
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closed 8/4/2021 via PR Web

EvidenceCare, acquired Healthcare Value Analytics

See 838 Comparable Transactions
synopsis: EvidenceCare has acquired Healthcare Value Analytics (HVA), a healthcare technology company focused on cost transparency tools for physicians. The acquisition furthers EvidenceCare's mission of creating an integrated platform that optimizes clinician workflows to deliver improved care, better outcomes, and increased hospital revenue.
buyer: EvidenceCare
EvidenceCare is the leading clinical decision support system (CDSS) with an electronic health record (EHR)-integrated platform that optimizes clinician workflows to deliver better patient care, reduce hospital costs, and capture more revenue. "
 target: Healthcare Value Analytics
Healthcare Value Analytics (HVA) is a healthcare technology company focused on cost transparency tools for physicians. HVA's analytics software, ValueBar, offers doctors real-time, comprehensive cost information for all clinical procedures, cost of care, length of stay, clinical variations and more.
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closed 12/23/2021 via PR Newswire

Getinge AB, acquired Talis Clinical

See 1024 Comparable Transactions
synopsis: Sweden-based Getinge has acquired Talis Clinical LLC, a leading innovator of High Acuity cloud-based software solutions. Talis Clinical's offer is designed to support and document care throughout the general and cardiac perioperative care process, but also through labor and delivery episodes and critical care support including ECMO Therapy.
buyer: Getinge AB (OM:GETI B:$3,062.53)
Sweden-based Getinge provides hospitals and life science institutions with products and solutions that aim to improve clinical results and optimize workflows. The offering includes solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. "
 target: Talis Clinical
Talis is a modern Health IT company formed to support safe patient care and positively impact clinicians and healthcare organizations. Talis software applications include critical care, cardiac surgery/perfusion, extracorporeal membrane oxygenation (ECMO), anesthesia, and labor and delivery.
price ($mm)
$66
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closed 10/27/2020 via Company Press Release

N. Harris Computer Corporation, acquired K2 Medical Systems

See 805 Comparable Transactions
synopsis: Harris, a global vertical market software provider and acquirer, acquired K2 Medical Systems, a UK-based company providing specialized maternity ward software solutions to international markets.
buyer parent: Constellation Software, Inc.
buyer: N. Harris Computer Corporation
Headquartered in Canada, Harris provides feature-rich and robust turnkey solutions to Public Sector, Schools, Utility, and Health Care agencies. Harris' focus is on creating long-term relationships with its customers and ensuring that it meets the changing needs of its customers over time. "
 target: K2 Medical Systems
K2 Medical Systems is a UK-based company providing specialized maternity ward software solutions to international markets.
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closed 1/5/2021 via GlobeNewswire

CooperSurgical, Inc., acquired Embryo Options, LLC

See 685 Comparable Transactions
synopsis: CooperSurgical, a leading provider of women’s health care solutions, has acquired Embryo Options, an established leader in cryo-storage software solutions for clinics and patients. The acquisition complements CooperSurgical’s comprehensive portfolio of innovative fertility offerings.
buyer: CooperSurgical, Inc.
For more than 25 years, CooperSurgical has been a leader in manufacturing, marketing a wide range of trusted and innovative brands that have assisted clinicians in advancing the standard of health care for women and families worldwide. "
 target: Embryo Options, LLC
Embryo Options partners with IVF centers to educate and assist fertility patients with making disposition decisions for their cryopreserved embryos, eggs, and sperm. The IVF center and Embryo Options partnership enables patients cryopreserving biological specimens to pay storage fees online.
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announced 2/23/2022 via PR Newswire

Health Catalyst, will acquire KPI Ninja, Inc.

See 807 Comparable Transactions
synopsis: Health Catalyst, Inc., a provider of data and analytics technology and services to healthcare organizations, will acquire KPI Ninja, a provider of interoperability solutions and population health analytics. KPI Ninja's end-to-end technology solution combines the agility of a centralized platform with interoperability and analytic technology.
buyer: Health Catalyst (HCAT:$241.93)
Health Catalyst is a leading provider of data and analytics technology and services to healthcare organizations. The company's customers leverage the cloud-based analytics software data platform to make data-informed decisions and realize measurable clinical, financial, and operational improvements."
 target: KPI Ninja, Inc.
KPI Ninja is a leading provider of interoperability, enterprise analytics and value-based care solutions. Its innovative products are renowned for their powerful capabilities, flexible configurations, and comprehensive applications to truly fulfill the promise of data-driven health care.
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announced 2/2/2022 via Company Press Release

PointClickCare Technologies Inc., will acquire Audacious Inquiry

See 807 Comparable Transactions
synopsis: Canada-based PointClickCare Technologies, a healthcare technology platform enabling meaningful collaboration and access to real-time insights, will acquire Audacious Inquiry, an industry-shaping connected care platform. Over the past two decades, Audacious Inquiry has built a suite of SaaS solutions supported by strategic advisory services.
buyer parent: JMI Equity
buyer: PointClickCare Technologies Inc.
PointClickCare is a Canadian healthcare technology platform enabling meaningful collaboration and access to real-time insights at any stage of a patient’s healthcare journey. Its single platform spans the care continuum, fostering proactive, holistic decision-making and improved outcomes for all. "
 target: Audacious Inquiry
Audacious Inquiry is a national industry-shaping health IT company that provides a connected care platform facilitating the secure transmission of actionable, accurate, and event-driven data across the U.S. healthcare system.
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closed 1/26/2022 via PR Newswire

TriNetX, acquired Advera Health Analytics Inc.

See 847 Comparable Transactions
synopsis: TriNetX, the global network of healthcare organizations driving real-world research to accelerate the development of new therapies, announced the acquisition of Advera Health Analytics, the leader in pharmacovigilance software and data for detection, management, and mitigation of drug safety concerns.
buyer: TriNetX
TriNetX is a global network of healthcare organizations and life sciences companies driving real-world research to accelerate the development of new therapies. TriNetX combines real-time access to longitudinal clinical data with state-of-the-art analytics to answer complex research questions. "
 target: Advera Health Analytics Inc.
Advera Health Analytics is a global leader in pharmacovigilance software, analytics, and data at the leading edge of drug safety science. Advera Health's Evidex platform connects disparate drug safety data sources and provides a user experience that elicits actionable intelligence from that data.
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closed 10/5/2021 via PR Newswire

Wellworks For You, acquired Orthus Health

See 807 Comparable Transactions
synopsis: Wellworks For You, a global health and wellbeing management and technology company, announced they have acquired the assets of Orthus Health, LLC. Orthus Health has been serving organizations with wellness and population health management solutions, data analytics, health coaching, and disease risk tracking for more than 20 years.
buyer: Wellworks For You
Wellworks For You is a Corporate Wellness and Mental Wellbeing Company focusing on high touch customer service. They provide customized wellness solutions for organizations throughout the world. "
 target: Orthus Health
Orthus Health has been serving organizations with wellness and population health management solutions, data analytics, health coaching, and disease risk tracking for more than 20 years. Orthus provides data-driven programs to reduce risk, lower healthcare costs, and effectively measure investments.
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announced 8/27/2021 via PR Newswire

Kepro, will acquire eQHealth Solutions, LLC

See 806 Comparable Transactions
synopsis: Kepro announced that it has entered into a definitive agreement to acquire eQHealth Solutions, LLC, a population health management and technology solutions company that touches millions of lives annually throughout the nation.
buyer: Kepro
Kepro provides technology-enabled services for priority populations to help them remain in the community of their choice. They partner with government and private healthcare payers to maximize healthcare quality, improve accuracy and increase efficiency. "
 target: eQHealth Solutions, LLC
Founded in 1986, eQHealth Solutions is a population health management and technology solutions company that touches millions of lives annually throughout the nation.
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announced 8/26/2021 via BusinessWire

Ginger.io will be merged with Headspace,

See 896 Comparable Transactions
synopsis: Ginger, a leader in on-demand mental healthcare, will merge with Headspace, a global leader in mindfulness and meditation. The combined entity, Headspace Health, will offer the world’s most accessible and comprehensive digital mental health and wellbeing platform.
buyer: Headspace
Headspace was created to improve the health and happiness of the world. Reaching 70 million users in 190 countries, Headspace was one of the first meditation apps in the world and remains a leader in mindfulness and mental training. "
 target: Ginger.io
Ginger is a leader in on-demand mental healthcare. The Ginger app provides members with access to unlimited self-guided care and 24/7 on-demand and scheduled coaching, as well as video-based therapy and psychiatry support.
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closed 6/17/2021 via GlobeNewswire

Iosoft Inc., acquired MedSwift

See 882 Comparable Transactions
synopsis: IOSoft Inc. has acquired a healthcare software platform, MedSwift, to provide superior solutions in logistics, communications, and data storage and requires minimal set up and training. MedSwift is an EHR startup that uses artificial intelligence and quality design principles to help physicians manage patient loads and improve billing services.
buyer parent: RJD Green, Inc.
buyer: Iosoft Inc.
IOSoft provides proprietary software for medical billing, healthcare claims adjudication, automotive warranty payments, and electronic payments between healthcare Payers and Providers, along with payment software platforms for corporations, government & institutional organizations. "
 target: MedSwift
MedSwift is an innovative Electronic Health Records (EHR) startup that uses artificial intelligence and quality design principles to help physicians manage patient loads and improve billing services. MedSwift's cloud-based platform allows businesses to run their practice from any device.
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closed 5/19/2021 via BNC Analysis

BCB Medical Ltd., acquired Health Solutions AB

See 805 Comparable Transactions
synopsis: BCB Medical, the Finnish market leader in advanced software systems for gathering and analyzing clinical data, has acquired its Swedish partner and pioneer in health data, Health Solutions AB. Health Solutions is a pioneer in developing decision support systems to monitor patient outcomes with a focus on infectious diseases.
buyer: BCB Medical Ltd.
BCB Medical, founded in 2003 in Finland, develops disease-specific monitoring solutions with CE conformity for monitoring and analyzing clinical data in over 100 disease groups. "
 target: Health Solutions AB
Health Solutions AB is a Swedish partner and pioneer in health data. Health Solutions has been a pioneer in developing decision support systems to monitor patient outcomes with a focus on infectious diseases in the Nordic region and the UK.
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closed 3/3/2021 via PR Newswire

BioIQ, acquired BlipIQ

See 844 Comparable Transactions
synopsis: BioIQ, an analytics-driven population health and testing platform company for top employers and health plans, announces the launch of an integrated telehealth offering procured through the acquisition of BlipIQ, a company using behavioral science and artificial intelligence (AI) to deliver SaaS-based telehealth to healthcare providers.
buyer parent: HealthQuest Capital
buyer: BioIQ
BioIQ is modernizing the diagnostic testing industry through a national network of labs and customized solutions that support payors, employers, and consumers. Since 2005, BioIQ has launched thousands of successful health testing programs serving millions of participants. "
 target: BlipIQ
BlipIQ was founded with a vision to develop software to improve the lives of patients struggling with Alzheimers and dementia. This success led to the product being nominated into the IBM AI X-prize competition.
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closed 11/11/2020 via BusinessWire

MultiPlan, Inc., acquired HSTechnology Solutions, Inc.

See 488 Comparable Transactions
synopsis: MultiPlan Corporation has acquired HST, an innovative healthcare technology company that enables value-based health benefit plan designs. Adding HST’s technology-enabled services to MultiPlan’s offerings will further extend the company’s capabilities and enhance its mission to improve affordability and fairness in the healthcare system.
buyer parent: Hellman & Friedman LLC
buyer: MultiPlan, Inc. (:$928.82)
MultiPlan, Inc. is the industry's most comprehensive provider of healthcare cost management solutions. The company provides a single gateway to a host of primary, complementary and out-of-network strategies for managing the financial risks associated with healthcare claims. "
 target: HSTechnology Solutions, Inc.
HST is an innovative healthcare technology company that enables value-based health benefit plan designs. HST’s platform uses data analytics and tools to engage members and providers on both the front and back end of healthcare, enhancing collaboration and improving the management of medical costs.
price ($mm)
$140
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announced 11/9/2020 via PR Newswire

Centene Corporation, will acquire Apixio

See 549 Comparable Transactions
synopsis: Centene Corporation, a leading multi-national healthcare enterprise, will acquire Apixio Inc., a healthcare analytics company offering Artificial Intelligence (AI) technology solutions. Apixio provides a technology suite that mines, compiles and analyzes large volumes of patient data to support payers' and providers' administrative activities.
buyer: Centene Corporation (CNC:$95,748.00)
Centene Corporation is a leading multi-national healthcare enterprise that is committed to helping people live healthier lives. Centene Corporation provides affordable and high-quality healthcare services to members in all 50 states and around the world. "
 target: Apixio
Apixio is a healthcare analytics company offering Artificial Intelligence (AI) technology solutions. Apixio provides a technology suite that mines, compiles and analyzes large volumes of disparate, unstructured patient data to support payers' and providers' administrative activities.
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closed 1/15/2020 via PR Newswire

Unified Women’s Healthcare, LLC, acquired Lucina Health

See 1007 Comparable Transactions
synopsis: Unified Women's Healthcare has acquired the assets of Lucina Health, a company dedicated to improving healthcare for women and babies.  Operating within the Unified family as Lucina Analytics, the company supports payors and providers with big data insights and advanced analytics.
buyer: Unified Women’s Healthcare, LLC
Unified Women's Healthcare, headquartered in Boca Raton, FL, was founded in 2009 as a single-specialty Management Services Organization. Today, the company assists Ob-Gyn practices to grow and thrive through operational and business support services in a unique, yet complementary model. "
 target: Lucina Health
Lucina, located in Louisville, Kentucky, is a data-driven, enterprise SaaS company that delivers the leading women's maternity analytics platform to innovative health plans, Medicaid providers and public entities.
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closed 1/15/2020 via PR Newswire

Unified Women’s Healthcare, LLC, acquired Lucina Health

See 1007 Comparable Transactions
synopsis: Unified Women's Healthcare has acquired the assets of Lucina Health, a company dedicated to improving healthcare for women and babies.  Operating within the Unified family as Lucina Analytics, the company supports payors and providers with big data insights and advanced analytics.
buyer: Unified Women’s Healthcare, LLC
Unified Women's Healthcare, headquartered in Boca Raton, FL, was founded in 2009 as a single-specialty Management Services Organization. Today, the company assists Ob-Gyn practices to grow and thrive through operational and business support services in a unique, yet complementary model. "
 target: Lucina Health
Lucina, located in Louisville, Kentucky, is a data-driven, enterprise SaaS company that delivers the leading women's maternity analytics platform to innovative health plans, Medicaid providers and public entities.
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closed 9/10/2014 via BusinessWire

PracticeMax, acquired Optimum Medical Management

See 141 Comparable Transactions
synopsis: PracticeMax, a national provider of medical practice management and technology services, announced it has acquired Optimum Medical Management. Optimum Medical Management provides business management services for physicians seeking to reduce practice expenses by consolidating its business office functions.
buyer: PracticeMax
PracticeMax is a national provider of medical practice management and technology services, including billing, software and consulting for medical practice management and clinical operations. "
 target: Optimum Medical Management
Optimum Medical Management offers solutions to medical practices to help them achieve their goals and to be able to focus on what matters most, patient care. They provide business management services for physicians seeking to reduce practice expenses by consolidating its business office functions.
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closed 1/9/2013 via Market Wire

7 Medical Systems, LLC, acquired HealthLink Minnesota Management Group, Inc.

See 830 Comparable Transactions
synopsis: 7 Medical Systems™, LLC, a leader in on-demand digital imaging, electronic medical records and revenue cycle management solutions for healthcare, has acquired HealthLink Minnesota Management Group, Inc., a company providing strategic advisory, business office, operational management and IT services to clinics in the Twin-Cities area.
buyer: 7 Medical Systems, LLC
7 Medical Systems is a provider of cloud-based digital imaging, electronic medical records and revenue cycle management solutions for healthcare. It delivers reliable, affordable cloud computing-based solutions to critical access hospitals, imaging centers, radiology groups and ambulatory clinics. "
 target: HealthLink Minnesota Management Group, Inc.
HealthLink helps medical practices in several aspects of their business, management and technical operations. They provide a cost-effective alternative to maintaining internal business office operations and staff, or managing an IT infrastructure.
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closed 6/4/2012 via PR Newswire

SuccessEHS, acquired Integrated Physician Systems

See 110 Comparable Transactions
synopsis: SuccessEHS has announced the acquisition of Integrated Physician Systems (IPS), a comprehensive healthcare professional services firm. IPS offers revenue cycle management, business services and strategic advisory and consulting services to healthcare entities across the U.S.
buyer: SuccessEHS
SuccessEHS is a nationally acclaimed vendor providing Electronic Health Record and Practice Management solutions with Integrated Medical Billing Services. SuccessEHS also provides Electronic Dental Record and Dental Imaging solutions. "
 target: Integrated Physician Systems
Integrated Physician Systems provides healthcare professional services to healthcare professionals. IPS manages approximately $250 million in accounts receivable, and serves clients in the core areas of revenue cycle management, business services, and strategic advisory and consulting services.
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closed 11/19/2019 via PR Newswire

Health Prime International, purchased Revenue Cycle Services from Kareo, Inc.

See 110 Comparable Transactions
synopsis: Kareo, the leading provider of cloud-based clinical and business management software for independent medical practices and medical billing companies, sold its revenue cycle management (RCM) services business unit to Health Prime, a leading independent supplier of outsourced medical billing services.
buyer parent: GPB Capital Holdings, LLC
buyer: Health Prime International
Health Prime serves as a strategic partner for value-based care organizations in today’s modern consumer health care marketplace. Created by physicians for physicians, Health Prime’s transformative technology solutions and services optimize everyday practice challenges from end-to-end. "
 seller: Kareo, Inc.
Kareo is a cloud-based complete medical technology platform built to meet the needs of independent practices. Their revenue cycle management unit measures the time it takes for an average dollar to be collected from the date clients see the patient until the date they receive payment.
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closed 11/3/2015 via PR Newswire

Encoda, LLC., acquired Strategic Management Consultants, Inc.

See 159 Comparable Transactions
synopsis: Encoda LLC, developer of Encoda BackOffice revenue cycle management and analytics software used nationally by physician practices to improve collections, minimize denied claims and enhance medical billing software, announced it has acquired Strategic Management Consultants, provider of revenue cycle management consulting and services.
buyer: Encoda, LLC.
Encoda provides medical groups and medical billing companies with cloud-based software and technology-based transaction and business intelligence services to significantly enhance the revenue cycle management process. "
 target: Strategic Management Consultants, Inc.
Strategic Management Consultants provides revenue cycle management consulting and services throughout the central and eastern U.S. to improve financial performance in medical practices. It offers implementation, on-demand training, RCM, IT consultation, and privacy and security compliance.
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closed 3/31/2021 via GlobeNewswire

Q-Centrix, acquired CHAMPS Oncology

See 755 Comparable Transactions
synopsis: Q-Centrix has acquired Cleveland-based, software and services provider, CHAMPS Oncology. CHAMPS Oncology is dedicated to improving patient care by delivering and transforming high-quality cancer data into actionable information for cancer programs and healthcare providers across the country.
buyer parent: TPG Capital
buyer: Q-Centrix
Q-Centrix is the leading source for clinical data management in health care. They provide the industry’s first Enterprise Clinical Data Management (eCDM™) platform that address a variety of clinical data needs, including regulatory, cardiovascular, oncology, trauma, real world data and more. "
 target: CHAMPS Oncology
CHAMPS Oncology is a Cleveland-based, software and services provider. CHAMPS Oncology is dedicated to improving patient care by delivering and transforming high-quality cancer data into actionable information for cancer programs and healthcare providers across the country.
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closed 1/30/2019 via PR Newswire

Investcorp, acquired Health Plus Management Services

See 123 Comparable Transactions
synopsis: Investcorp, a leading global provider and manager of alternative investment products, announced its acquisition of Health Plus Management, LLC, a provider of business management and operations services for independent physician practices in the physical medicine and rehabilitation market.
buyer: Investcorp (BAX:INVCORP:$254.00)
Headquartered in Bahrain, Investcorp is a leading manager of alternative investment products. Investcorp focuses on generating investor and shareholder value in four lines of business: corporate investment, real estate, alternative investment solutions, and credit management. "
 target: Health Plus Management Services
Health Plus provides independent physician practices with business development, marketing and back-office support, enabling its clients to start up and/or grow their private practice beyond what might otherwise be feasible while maximizing clinical service and patient care.
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closed 12/2/2020 via BusinessWire

Abeo, Inc. merged with DuvaSawko,

See 84 Comparable Transactions
synopsis: abeo Management Corporation, a leader in the provision of outsourced RCM and practice management services to independent and hospital-employed anesthesia practices, has merged with DuvaSawko, a leading provider of outsourced revenue cycle management (RCM) services to independent emergency medicine practices.
buyer parent: Varsity Healthcare Partners
buyer: DuvaSawko
DuvaSawko is a provider of revenue cycle management services for independent and hospital-employed emergency physician groups. DuvaSawko processes over four million annual emergency room visits through its highly automated proprietary billing platform and extensive customer service infrastructure. "
 target parent: Parthenon Capital Partners
target: Abeo, Inc.
abeo provides Revenue Cycle Management services and practice management solutions to anesthesia practices. abeo marries end-to-end RCM capabilities and proprietary technology solutions with practice management capabilities to optimize collections/workflow, compliance, and practice efficiencies.
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closed 11/10/2016 via Company Press Release

Medical Mastermind, Inc., acquired Physician Data Management (PDM)

See 90 Comparable Transactions
synopsis: Medical Mastermind, a provider of revenue cycle management (RCM) software and services to US healthcare providers, announced that it has acquired Physician Data Management (PDM) of St. Louis, MO, a leading RCM service provider focused exclusively on pathology laboratories.
buyer parent: Brook Venture Partners
buyer: Medical Mastermind, Inc.
Established in 1984, Medical Mastermind provides electronic health records, practice management and billing software to thousands of physicians from all specialties. Medical Mastermind is headquartered in Baltimore, MD with offices in Jackson, MS, Arlington, TX and Orlando, FL. "
 target: Physician Data Management (PDM)
Physician Data Management (PDM) of St. Louis, MO, a leading RCM (revenue cycle management) service provider focused exclusively on pathology laboratories. Begun in 1997, PDM grew into a boutique billing company wherein strong client relationships created mutual successes.
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closed 5/22/2013 via BusinessWire

PracticeMax, acquired ABC Medical Management

See 98 Comparable Transactions
synopsis: PracticeMax, a national provider of medical practice management and technology services, announced it has acquired ABC Medical Management (ABC) of Phoenix, Arizona. ABC has been a leading provider of billing and practice management services for anesthesia and pain management specialists for over 20 years.
buyer: PracticeMax
PracticeMax is a national provider of medical practice management and technology services, including billing, software and consulting for medical practice management and clinical operations. "
 target: ABC Medical Management
ABC Medical is a medical practice management firm specializing in anesthesia medical billing, other specialty medical billing, accounts receivable management, scheduling, credentialing, contract review, and HIPAA compliancy.
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closed 6/27/2018 via PE Hub

New Capital Partners, acquired Collect Rx, Inc.

See 849 Comparable Transactions
synopsis: New Capital Partners (NCP), a private equity firm, announces that is has acquired Collect Rx, a leading revenue cycle management (RCM) company. The company leverages its Business Intelligence (BI) engine to analyze claims and increase reimbursement for healthcare providers.
buyer: New Capital Partners
New Capital Partners (NCP) is a private equity firm headquartered in Birmingham, Ala. NCP makes investments in niche, tech-enabled services companies in the healthcare, financial and business services industries. "
 target: Collect Rx, Inc.
Collect Rx is a niche RCM (revenue cycle management) provider headquartered in Bethesda, Md. Founded in 2006, the company focuses on providing their services to surgery centers, hospitals, physician-owned practices, laboratory diagnostic facilities and behavioral health centers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/3/2012 via GlobeNewswire

Medical Transcription Billing, Corp., acquired GlobalNet Solutions, Inc.

See 88 Comparable Transactions
synopsis: MTBC, a leading national provider of electronic health records (EHR) and practice and revenue cycle management solutions, announced that it has acquired GlobalNet Solutions, Inc. of Mansfield, Ohio. GlobalNet Solutions is a medical practice and revenue cycle management company.
buyer: Medical Transcription Billing, Corp. (MTBC:$65.19)
Medical Transcription Billing, Corp. (MTBC) operates as a medical billing company in America. MTBC provides practice and revenue cycle management services and proprietary software solutions to private physician offices and hospitals throughout the United States. "
 target: GlobalNet Solutions, Inc.
GlobalNet Solutions, Inc. is an Ohio-Based medical practice and revenue cycle management company.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/5/2008 via PR Newswire

InfoLogix, acquired Delta Health Systems, Inc.

See 141 Comparable Transactions
synopsis: InfoLogix, Inc. announced that it has acquired substantially all the assets of Delta Health Systems, Inc. The assets acquired include Delta's proprietary On-Demand Executive Information System (EIS) for strategic cost management and productivity within hospitals.
buyer: InfoLogix
As the leading provider of mobile intelligence solutions, InfoLogix uses the industry's most advanced wireless information technology to increase the efficiency, accuracy, and transparency of complex business and clinical processes. "
 target: Delta Health Systems, Inc.
Delta Health Systems is a specialty consulting firm whose sole focus is strategic cost management. For over 30 years, Delta has implemented hundreds of programs that have significantly improved the financial well-being and service levels of community hospitals, healthcare systems, and academic medic
price ($mm)
$1.26
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2012 via PR Newswire

CBIZ, Inc., acquired ProMedical, Inc.

See 588 Comparable Transactions
synopsis: CBIZ, Inc. announced that it has acquired the assets of ProMedical, Inc., an anesthesia billing company located in Ocala, Florida. Founded in 1993, ProMedical is a full-service provider of medical billing and practice management services exclusively for hospital-based anesthesiology practices.
buyer: CBIZ, Inc. (CBZ:$955.92)
CBIZ, Inc. provides professional business services that help clients better manage their finances and employees. CBIZ provides its clients with financial services including accounting and tax, internal audit, merger and acquisition advisory, risk advisory and valuation services. "
 target: ProMedical, Inc.
ProMedical offers a single source solution, providing clients with Billing, Practice Management, Accounts Receivable Management, Credentialing, Contracting, Hospital Contract Negotiations, Profitability Analysis, and more.
price ($mm)
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 10/14/2011 via BusinessWire

MedData, Inc., acquired Data Management, Inc.

See 89 Comparable Transactions
synopsis: MedData, Inc., a provider of medical billing services, announced the acquisition of Data Management, Inc. (DMI), a provider of physician billing services to pathologists and emergency departments. The acquisition adds pathology billing to MedData’s current billing specialties which include emergency medicine, hospitalists and wound care.
buyer parent: Robert W. Baird & Co. Incorporated.
buyer: MedData, Inc.
MedData is one of the nation’s leading providers of a range of medical billing services including, among others, billing, coding, collections and revenue cycle management. Annually, the company handles billing for 5.5 million patient encounters across various medical specialties. "
 target: Data Management, Inc.
Data Management, Inc. (DMI) is a leading provider of physician billing services to pathologists and emergency departments. DMI helps guide medical practices through the complexities of reimbursement and ever-changing compliance regulations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/2/2020 via PR Newswire

WELL Health Technologies Corp., acquired DoctorCare Inc.

See 98 Comparable Transactions
synopsis: WELL Health Technologies Corp., a Canadian company focused on consolidating and modernizing clinical and digital assets within the healthcare sector, has acquired DoctorCare Inc., a market leader in billing and optimization services. With the acquisition of DoctorCare, WELL has formed the WELL Billing and Backoffice Group.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$161.14)
Vancouver-based WELL Health Technologies Corp is an omni-channel digital health company whose overarching objective is to empower doctors to provide the best and most advanced care possible while leveraging the latest trends in digital health. "
 target: DoctorCare Inc.
Based in Toronto, DoctorCare is a technology solution provider with solutions and services that help doctors ensure they are minimizing errors, ensuring compliance with complicated medical billing claim codes, improving patient care, and growing their practice.
price ($mm)
$8.27
rev ($mm)
$3
EBITDA ($mm)
$1
EV / rev
5.1x
EV / EBITDA
17.0x
closed 7/24/2013 via PR Newswire

Kareo, Inc., acquired ECCO Health

See 82 Comparable Transactions
synopsis: Kareo, Inc., the cloud-based medical office software and services provider for small medical practices, announced its acquisition of privately held ECCO Health, a full-service provider of medical billing and associated solutions.
buyer: Kareo, Inc.
Kareo is a leading provider of easy to use, affordable, web-based practice management and medical billing software to thousands of physicians and hundreds of medical billing companies. "
 target: ECCO Health
ECCO Health is a trusted nationwide professional medical billing service and practice management company based in Las Vegas, Nevada, with BPO operations in Chennai, India and San Jose, Costa Rica.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/12/2013 via PR Web

revMD.com, purchased Yuma Medical Practice Billing Contracts from TurnKeyMD

See 124 Comparable Transactions
synopsis: revMD.com announced their acquisition of Yuma area medical practice coding, billing and collections contracts from Texas-based practice management firm TurnKeyMD, effective June 1, 2013.
buyer: revMD.com
revMD, formerly Asterino & Associates, is the industry leader in healthcare revenue cycle management in Arizona and throughout the country for more than 25 years. Its MedRev Index monitors, tracks, compares and optimizes individual medical practice revenue performance. "
 seller: TurnKeyMD
The assets being acquired from Texas-based practice management firm TurnKeyMD are the company's Yuma area medical practice coding, billing and collections contracts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/5/2012 via BusinessWire

AdvantEdge Healthcare Solutions, Inc., acquired COMPUDATA, Inc.

See 82 Comparable Transactions
synopsis: AdvantEdge Healthcare Solutions, one of the nation’s leading providers of medical billing, practice management, and coding services for specialty physicians, hospitals, and surgery centers, announced that it has acquired COMPUDATA, Inc., an Ohio-based medical billing company.
buyer parent: Founders Equity Inc.
buyer: AdvantEdge Healthcare Solutions, Inc.
AdvantEdge Healthcare Solutions is a leading provider of physician billing and practice management services and software to hospital-based physician groups, other specialty physician practices, and ambulatory surgery centers throughout the United States. "
 target: COMPUDATA, Inc.
COMPUDATA, Inc. is an Ohio-based medical billing company. The company, primarily focused on specialty and primary care physician practices, provides clients a complete range of medical billing services including coding, data entry, paper and electronic claims submission, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/3/2012 via BusinessWire

Doctor Solutions, Inc. will be merged with Asterino & Associates, Inc.,

See 168 Comparable Transactions
synopsis: Asterino & Associates, Inc., a leading provider of physician billing and practice management services, announced that it has finalized a plan of merger with Phoenix-based medical billing and EMR company Doctor Solutions, Inc. The combined company will be called Asterino & Associates, Inc. and will be based in Scottsdale, Arizona.
buyer: Asterino & Associates, Inc.
Since 1987, Asterino and Associates, Inc. has been providing medical billing and medical practice management services to both hospital-based and community-based physician groups. "
 target: Doctor Solutions, Inc.
Doctor Solutions' expertise in the insurance and practice management fields provides a wide range of business and financial services for medical practices, including: billing and collections; accounts receivable management; claims processing and management; coding and coding oversight; and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
Pages:  

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Geography
Matching Companies
Ticker: OTCPK:IGMB.D
 
 
 
 
 
 
 
 
Clinigence, LLC.
Clinigence Holdings, a fully reporting, publicly-held company, is a leading healthcare information technology company providing an advanced, cloud-based platform that enables healthcare organizations to provide value-based care and population health management.
year
2018
rev ($mm)
$1.37
EBITDA ($mm)
($0.84)
EBIT ($mm)
($0.84)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: PKS.ASX
 
 
 
 
 
 
 
 
Beamtree
Beamtree
Beamtree is an Australian listed company that helps health services make the best decisions possible through its insights and benchmarking. Beamtree's technologies analyse, interpret and help improve overloaded healthcare resources so they can run efficiently and effectively.
year
2021
rev ($mm)
$6.12
EBITDA ($mm)
($0.30)
EBIT ($mm)
($0.35)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: ASX:VHT
 
 
 
 
 
 
 
 
Volpara Solutions
Volpara Solutions
Volpara Health Technologies Limited (VHT) is a New Zealand MedTech Software as a Service company. VHT is a leading provider of breast imaging analytics products that improve clinical decision-making and the early detection of breast cancer. Volpara Solutions is the sales and marketing arm of VHT.
year
2019
rev ($mm)
$3.29
EBITDA ($mm)
($7.96)
EBIT ($mm)
($8.08)
Net Income ($mm)
Employees
53
  • drill down
  • watch
Ticker: OM:RTC
 
 
 
 
 
 
 
 
Rethinking Care AB
Rethinking Care AB
Rethinking Care introduces a holistic concept in nursing & health, based on 3 interacting spheres of activity - "Software as a service", "Care as a service" & "Health as a service", based on a high level of competence in nursing & healthcare services as well as IT tools developed for health care.
year
2016
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: OTCQB: EHVVF
 
 
 
 
 
 
 
 
Ehave, Inc.
Ehave, Inc.
Ehave is a healthcare company developing a next generation of digital solutions for stakeholders in the medical cannabis and mental health sectors. Ehave’s health informatics platform efficiently captures high-quality, objective user data.
year
2020
rev ($mm)
EBITDA ($mm)
($2.05)
EBIT ($mm)
($2.85)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: OB:CSAM
 
 
 
 
 
 
 
 
CSAM Health AS
CSAM Health AS
CSAM is a leading Norwegian company in the specialized eHealth market with a unique blend of best in class innovative technology, and outstanding human skills. Their diverse portfolio of software solutions enables healthcare providers to access relevant clinical information at the point of care.
year
2021
rev ($mm)
$34.31
EBITDA ($mm)
$3.97
EBIT ($mm)
($2.02)
Net Income ($mm)
Employees
282
  • drill down
  • watch
Ticker: CM:CLRX
 
 
 
 
 
 
 
 
CollabRX, Inc
CollabRX, Inc
CollabRx, Inc. is a recognized leader in cloud-based expert systems to inform healthcare decision-making. CollabRx uses information technology to aggregate and contextualize the world's knowledge on genomics-based medicine with specific insights from the nation's top cancer experts.
year
2014
rev ($mm)
$0.38
EBITDA ($mm)
($4.07)
EBIT ($mm)
($4.32)
Net Income ($mm)
Employees
1
  • drill down
  • watch
Ticker: DB:COP
 
 
 
 
 
 
 
 
CompuGroup Medical AG
CompuGroup Medical AG
CompuGroup Medical is a leading global eHealth provider. Their software and communications solutions assist doctors, dentists, hospitals, pharmacists, associations, networks and other service providers with workflow, diagnosis and therapy.
year
2021
rev ($mm)
$1,158.07
EBITDA ($mm)
$194.47
EBIT ($mm)
$120.69
Net Income ($mm)
$74.78
Employees
8079
  • drill down
  • watch
Ticker: AIM:EMIS
 
 
 
 
 
 
 
 
EMIS Group PLC
EMIS Group PLC
Egton Medical Information Systems Ltd (EMIS) is the UK's market leading primary care software provider with more than 39 million patient records entrusted to its systems. Its aim is to make good quality, timely patient information available any time, any where through interoperable systems.
year
2021
rev ($mm)
$221.66
EBITDA ($mm)
$54.10
EBIT ($mm)
$47.15
Net Income ($mm)
$38.31
Employees
1515
  • drill down
  • watch
Ticker: EVH
 
 
 
 
 
 
 
 
Evolent Health
Evolent Health
Evolent partners with leading health systems to drive value-based care transformation. By providing clinical, analytical and financial capabilities, Evolent helps physicians and health systems achieve superior quality and cost results.
year
2016
rev ($mm)
$212.24
EBITDA ($mm)
($39.30)
EBIT ($mm)
($52.25)
Net Income ($mm)
Employees
946
  • drill down
  • watch
Ticker: TRHC
 
 
 
 
 
 
 
 
Tabula Rasa Healthcare
Tabula Rasa Healthcare
Tabula Rasa HealthCare (TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk.
year
2018
rev ($mm)
$204.27
EBITDA ($mm)
$16.27
EBIT ($mm)
$1.63
Net Income ($mm)
Employees
952
  • drill down
  • watch
Ticker: MTBC
 
 
 
 
 
 
 
 
Medical Transcription Billing, Corp.
Medical Transcription Billing, Corp.
MTBC (Medical Transcription Billing, Corp) is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers, revenue cycle management companies and software vendors.
year
2019
rev ($mm)
$65.19
EBITDA ($mm)
$1.78
EBIT ($mm)
($1.62)
Net Income ($mm)
Employees
2400
  • drill down
  • watch
Ticker: TSXV:THNK
 
 
 
 
 
 
 
 
Think Research
Think Research
Think Research is an industry leader in delivering integrated digital healthcare solutions. Its evidence-based healthcare technology solutions support the clinical decision-making process, standardize care, and improve patient outcomes.
year
2021
rev ($mm)
$18.63
EBITDA ($mm)
($21.80)
EBIT ($mm)
($22.10)
Net Income ($mm)
Employees
189
  • drill down
  • watch
Ticker: K:HLYK
 
 
 
 
 
 
 
 
HealthLynked
HealthLynked
HealthLynked provides a solution for both patient members and providers to improve healthcare through the exchange of medical information. The HealthLynked Network is a cloud-based platform that allows members to connect with their healthcare providers and take more control of their healthcare.
year
2020
rev ($mm)
$4.84
EBITDA ($mm)
($2.77)
EBIT ($mm)
($2.87)
Net Income ($mm)
Employees
37
  • drill down
  • watch
Ticker: TSXV:BIO
 
 
 
 
 
 
 
 
AioCare
AioCare
AioCare, formerly known as Biosign Technologies, develops and sells cloud-based healthcare software products that address the needs in clinic management, home care operations, health monitoring and virtual care management. Their cutting edge technology is transforming Healthcare delivery in Germany.
year
2015
rev ($mm)
$0.38
EBITDA ($mm)
($3.04)
EBIT ($mm)
($3.43)
Net Income ($mm)
$1.21
Employees
16
  • drill down
  • watch