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Like Noteworthy Medical Systems

closed 2/18/2009 via AP - Associated Press
 
 
 
 
 
 
 
 

CompuGroup Holdings AG acquired Noteworthy Medical Systems

synopsis: Noteworthy Medical Systems, Inc., a leading provider of connected healthcare technology solutions for the ambulatory sector, and CompuGROUP Holding AG, the leading European eHealth service provider, announced that CompuGROUP has completed a substantial equity investment in privately-held Noteworthy.
buyer: CompuGroup Holdings AG
CompuGROUP is one of the leading eHealth companies worldwide. It provides software products to support all medical and organizational activities in doctors' offices and hospitals, information services for all parties involved in the healthcare system,and web-based personal health records.
target: Noteworthy Medical Systems
Noteworthy Medical Systems, Inc. provides a comprehensive set of tools to manage and facilitate care in the ambulatory setting. Noteworthy's focus is to provide sophisticated applications for doctors' offices as well as the technology to connect physicians, hospitals and healthcare communities.
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closed 10/7/2009 via BusinessWire
 
 
 
 
 
 
 
 

Visionet Systems Inc. acquired eDocSynergy, LLC

synopsis: Visionet Systems - a provider of technology solutions, strategic consulting services, and knowledge process outsourcing - has acquired eDocSynergy, LLC, a privately-held provider of healthcare technology.
buyer: Visionet Systems Inc.
Using a combination of consulting, metrics-based technology solutions, and business process outsourcing, Visionet Systems helps customers identify and remove inefficient business processes and technologies to improve profitability.
target: eDocSynergy, LLC
eDoc Synergy is a leader in software innovation bringing years of technology experience together with business domain knowledge. eDoc Synergy helps businesses by providing business process efficiency with cutting edge technology.
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closed 7/21/2009 via Company Press Release
 
 
 
 
 
 
 
 

Medfusion, Inc. acquired Medem, Inc.

synopsis: Medfusion acquires Medem's iHealth services for physicians and the iHealth Personal Health Record solution for patients. In addition to creating an expanded service offering, Medfusion welcomes Medem’s 8,000 providers into the Medfusion Physician Network.
buyer: Medfusion, Inc.
Medfusion provides patient-to-provider communication solutions that enable healthcare providers to offer superior service to their patients while improving office efficiency and generating revenue.
target parent: American Medical Association
target: Medem, Inc.
Medem was founded by the AMA and several national medical specialty societies to develop and provide secure, online communications services for physicians and other healthcare providers -- including hospitals and health systems -- to communicate with their patients.
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closed 12/2/2008 via Company Press Release
 
 
 
 
 
 
 
 

IMS Maxims plc purchased software and other assets from CSW Group Limited

synopsis: IMS announces that it has acquired certain assets of CSW Group Limited including Case Notes, KMS and RealTime for £175,000 in cash from the Administrators of CSW Group Limited. The Administrators were appointed on 24 October 2008 and act only as agents to CSW.
buyer: IMS Maxims plc
Meet the Team Services Clients IMS MAXIMS plc was founded in 1986 and floated on the London AIM market in 1999; the group has grown both organically and through acquisition to become one of the leading players in the IT healthcare arena.
seller: CSW Group Limited
CSW Group Ltd. offers products for electronic records management, knowledge engineering, and knowledge delivery. The company provides electronic patient record and electronic health record products for the healthcare market.
price ($mm)
$0.27
rev ($mm)
$1
EBITDA ($mm)
price / rev
.2
price / EBITDA
closed 12/16/2009 via PR Newswire
 
 
 
 
 
 
 
 

Tibotec Virco Virology BVBA acquired Lab Tracker

synopsis: Tibotec Virco Virology BVBA announced the acquisition of LAB TRACKER(TM) HIV, a customized electronic medical record (EMR) system. LAB TRACKER(TM) HIV is a full-service, scalable software platform designed to meet the complex disease-management needs of health care providers who are treating people living with HIV/AIDS.
buyer: Tibotec Virco Virology BVBA
Tibotec is changing people's lives and improving public health by fighting infectious diseases worldwide. They achieve this by delivering innovative therapeutic and diagnostic solutions that provide significant benefits to patients.
target: Lab Tracker
Lab Tracker from Ground Zero Software is the most popular outpatient condition-specific Electronic Health Records solution in the U.S. Lab Tracker's custom web-based applications enable clients to organize and analyze patient data from physicians, pharmacies, labs, clinics and archives with ease.
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closed 11/6/2009 via BusinessWire
 
 
 
 
 
 
 
 

Fresenius Medical Care North America acquired HIT Services Group

synopsis: Fresenius Medical Care North America, operator of the nation’s leading network of dialysis facilities, announced it has purchased Nashville-based Health IT Services Group (HITSG) and its portfolio of products including Acumen nEHR, a nephrology-specific electronic health record.
buyer parent:Fresenius Medical Care AG & Co.
buyer: Fresenius Medical Care North America
Through their dialysis services entity, Fresenius Medical Services, Fresenius Medical Care North America operates more than 1,700 outpatient dialysis clinics in the U.S.
target: HIT Services Group
HIT Services Group offers Acumen EHR, a proprietary electronic network of web-based applications for physician practices. This technology enhances the care team’s ability to maintain, track and communicate medical, patient and business information.
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closed 6/19/2009 via Market Wire
 
 
 
 
 
 
 
 

Mediware Information Systems Inc. acquired SciHealth, Inc.

synopsis: Mediware Information Systems, a provider of ClosedLoop™ blood and medication management software solutions, announced that it has finalized the acquisition of Atlanta-based SciHealth, Inc. SciHealth developed and markets Insight™, a business and clinical intelligences software package used in more than 100 hospitals.
buyer: Mediware Information Systems Inc.(MEDW:$55.52)
Mediware delivers ClosedLoop blood and medication management software systems that encapsulate information supporting patient therapies, reinforce patient safety practices and improve efficiencies to lower costs.
target: SciHealth, Inc.
SciHealth provides quality improvement/data management solutions to hospitals and healthcare-related organizations throughout the United States. Our mission is to help healthcare providers achieve higher levels of excellence through the use of Insight, a next-generation technology software solution.
price ($mm)
$1.70
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closed 3/18/2009 via BusinessWire
 
 
 
 
 
 
 
 

Intermedix Corporation acquired HealthWare Solutions

synopsis: Intermedix Corporation, the leading provider of technology-based business services to emergency providers, announced the acquisition of HealthWare Solutions, a leading provider of electronic patient care reporting software.
buyer parent:Parthenon Capital
buyer: Intermedix Corporation
Intermedix helps fund and support our nation’s emergency safety net - emergency physicians, hospital emergency departments, and 911-emergency responders.
target: HealthWare Solutions
HealthWare Solutions' flagship product, EMS Solution 2000™, is a comprehensive mobile data collection tool that allows for patient side documentation of critical incident information.
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closed 10/23/2006 via BusinessWire
 
 
 
 
 
 
 
 

Vemics Inc acquired NuScribe Inc

synopsis: Vemics, a leading provider of hosted, real-time collaboration and meeting solutions announced the acquisition of Austin-based NuScribe™, Inc., a developer of voice recognition software applications and web-based productivity tools for the medical, pharmaceutical and healthcare industries for $9 Million in an all-stock transaction.
buyer: Vemics Inc
Vemics, Inc is a leading provider of hosted, real-time conferencing and collaboration applications. Vemics LiveAccess solutions combine multipoint video/voice and data technologies with industry specific content, consulting expertise and deep customer support.
target: NuScribe Inc
NuScribe began operating with its SMR, an appliance-based voice recognition product, where doctors purchased and maintained their own "stand-alone" units. NuScribe developed NuScribe Online—an internet based application that securely stores the doctor’s documents in a virtual repository.
price ($mm)
$9.00
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 5/11/2012 via BNC Analysis
 
 
 
 
 
 
 
 

Peer Review Mediation and Arbitration, Inc. purchased eMR Anywhere from Max Medical Systems

synopsis: Peer Review Mediation & Arbitration Inc. announced the acquisition of "eMR Anywhere." "eMR Anywhere" is an electronic medical record system that enables ambulatory care physicians and clinical staff to document the patient encounters, streamline clinical workflow, and securely exchange clinical data with others.
buyer: Peer Review Mediation and Arbitration, Inc.(PRVW:$0.05)
Peer Review Mediation and Arbitration (PRMA) is a leading source for medical consulting, medical expert witnesses and litigation support. PRMA delivers medical consulting services to attorneys, managed care organizations, healthcare providers and professional liability insurers.
seller: Max Medical Systems
"eMR Anywhere" is an electronic medical record (eMR) system that enables ambulatory care physicians and clinical staff to document the patient encounters, streamline clinical workflow, and securely exchange clinical data with other providers, patients, and information systems.
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closed 3/20/2012 via PR Newswire
 
 
 
 
 
 
 
 

MD On-Line, Inc. acquired MD Technologies Inc.

synopsis: MD On-Line, Inc., a leading provider of electronic healthcare solutions that leverage data to improve practice efficiency and industry connectivity, announced that it has acquired MD Technologies Inc., a healthcare technology company based in Baton Rouge, Louisiana.
buyer: MD On-Line, Inc.
MD On-Line Inc. is a leading provider of electronic data interchange (EDI) solutions that facilitate the critical connection between doctors and payers. Its offerings enable electronic data capture and entry, and claim and transactional data submission to payers.
target: MD Technologies Inc.
MD Technologies Inc. is a proven provider of healthcare technology and service solutions to physician practices. MD Technologies' key product line is Medtopia®Manager, a suite of Internet-based business applications and services designed for the healthcare industry.
price ($mm)
rev ($mm)
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price / rev
price / EBITDA
closed 3/15/2011 via Company Press Release
 
 
 
 
 
 
 
 

Accentus Inc. acquired MRecord, LLC

synopsis: Accentus Inc. announced the acquisition of Mrecord. Mrecord is a leader in speech-to-text technology and has offices in Raleigh, North Carolina and Mumbai, India. Accentus will utilize Mrecord’s technology platform and software development team to further enhance its ambulatory care service offering.
buyer parent:High Road Capital Partners
buyer: Accentus Inc.
Accentus provides Integrated Medical Document Management Solutions – Transcription, Document Imaging, and Remote Coding – for the creation of electronic health records. Hospitals, medical clinics, and independent physicians rely on Accentus to capture accurate and timely patient health information.
target: MRecord, LLC
Mrecord is one of the world's foremost medical records technology providers dedicated to transforming the way healthcare professionals create, interact and manage medical records.
price ($mm)
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price / rev
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closed 12/27/2010 via BusinessWire
 
 
 
 
 
 
 
 

NIIT Technologies acquired Preferr

synopsis: NIIT Technologies Limited, a leading IT solutions organization has acquired an electronic health records and referral management platform. The platform called "Preferr" enables seamless collaboration between all providers namely physicians, hospitals, diagnostic facilities, and laboratories.
buyer parent:NIIT Ltd
buyer: NIIT Technologies
NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Asia and Australia. It offers services in Application Development and Maintenance, Managed Services, IP Asset or Platform Solutions, and Business Process Outsourcing.
target: Preferr
Preferr is a Saas-based software platform to address growing healthcare needs, improve patient satisfaction and organizational efficiencies related to the referral process.
price ($mm)
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announced 3/23/2012 via BNC Analysis
 
 
 
 
 
 
 
 

Verisk Analytics, Inc. will acquire MediConnect Global, Inc.

synopsis: Verisk Analytics, Inc., a leading source of information about risk, has signed an agreement to acquire MediConnect Global, Inc., a leading provider of proprietary systems and services that facilitate the aggregation and analysis of medical records. MediConnect has a repository that is digitized, indexed, and securely hosted online.
buyer: Verisk Analytics, Inc.(VRSK:$1,331.84)
Verisk Analytics is a leading provider of information about risk to professionals in insurance, healthcare, mortgage, government, and risk management. Verisk Analytics helps customers protect people, property, and financial assets.
target: MediConnect Global, Inc.
MediConnect Global, Inc. is a worldwide leader in innovative medical record retrieval, digitization, and management for organizations and individuals. MediConnect Global, Inc. is one of the largest cloud-based health information exchanges.
price ($mm)
$332
rev ($mm)
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closed 4/5/2007 via BusinessWire
 
 
 
 
 
 
 
 

Velocity Technology Solutions, Inc. purchased the Lawson hosting (ASP) line of business from Siemens Medical Solutions USA, Inc.

synopsis: Velocity Technology Solutions, Inc., a leader in providing enterprise software application management, hosting, and consulting services has acquired the Lawson hosting (ASP) line of business from Siemens Medical Solutions Health Services division. This acquisition makes Velocity the largest provider of Lawson hosted solutions.
buyer: Velocity Technology Solutions, Inc.
Velocity Technology Solutions, Inc. is a leader in providing enterprise software application management, hosting and consulting services. Velocity provides IT solutions to service and product oriented sectors such as public services, healthcare, financial services, fashion, and manufacturing.
seller parent: Siemens AG
seller: Siemens Medical Solutions USA, Inc.
Siemens Medical Solutions of Siemens AG is one of the world’s largest suppliers to the healthcare industry. The company is known for bringing together innovative medical technologies, healthcare information systems, management consulting, and support services.
price ($mm)
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closed 5/21/2007 via BusinessWire
 
 
 
 
 
 
 
 

InterSystems Corporation acquired TrakHealth

synopsis: InterSystems Corporation has acquired Australia-based TrakHealth. An application partner of InterSystems since 1991, TrakHealth develops and markets TrakCare, an enterprise-level web-based health information system deployed in 25 countries. TrakHealth will operate as an independent subsidiary of InterSystems, with its own sales force.
buyer: InterSystems Corporation
InterSystems Corporation is a US$200M privately-held software company with offices in 22 countries and corporate headquarters in Cambridge, Massachusetts. InterSystems' provide the premier platform for connected healthcare, and our innovative products are widely used in other industries.
target: TrakHealth
Australian-based TrakHealth develops and markets TrakCare, a revolutionary web-based healthcare information system that rapidly delivers patient-centric care solutions and electronic patient record benefits.
price ($mm)
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closed 4/7/2006 via BusinessWire
 
 
 
 
 
 
 
 

Healthcare Quality Solutions, Inc. acquired VantaHealth Technologies, LLC.

synopsis: Healthcare Quality Solutions, Inc., a wholly-owned subsidiary of Health Systems Solutions, Inc., announced that it has acquired substantially all of the assets of VantaHealth Technologies, LLC, including VantaHealth's flagship software product, The Analyzer.
buyer: Healthcare Quality Solutions, Inc.(HSSO:$14.00)
Health Systems Solutions is a technology and services company dedicated to bringing innovation to the health care industry. The HSS portfolio of products and services are grouped into three segments: technology solutions, software and consulting.
target: VantaHealth Technologies, LLC.
VantaHealth's The Analyzer is the most comprehensive decision-support product available for the Home Healthcare industry. We combine clinical and financial information by importing utilization data from your existing billing system, and integrating it with your OASIS data.
price ($mm)
$1.06
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closed 1/23/2007 via BusinessWire
 
 
 
 
 
 
 
 

Document Storage Systems, Inc. acquired SAGE Health Management Solutions

synopsis: Document Storage Systems, Inc. a leader in providing software integration for health care information systems, announced its purchase of Minnesota-based Sage Health Management Solutions, Inc. a privately-held, evidence-based health care technology company and developers of the patented tool, RadWise®.
buyer: Document Storage Systems, Inc.
Document Storage Systems, Inc. - The VistAExperts, is the leading developer of integrated software packages for the VHA’s VistA system.
target: SAGE Health Management Solutions
Sage Health Management Solutions develops and sells browser-based systems that combine the features of computerized physician order entry tool with evidence-based medical information to help third party payers and providers eliminate unnecessary diagnostic testing costs while improving care.
price ($mm)
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closed 2/1/2006 via PR Newswire
 
 
 
 
 
 
 
 

Cedara Software acquired Axicare

synopsis: Cedara Software, a Merge Healthcare company and a leading independent developer of medical software technologies for the global healthcare market, today announced the acquisition of assets of a Paris-based medical software company, Axicare, acquired through court liquidation.
buyer parent:Merge Healthcare
buyer: Cedara Software
Cedara is the power behind the MRI. Formerly ISG Technologies, the company makes medical imaging software and support systems which it either licenses or custom develops for other medical products and imaging companies.
target: Axicare
Axicare consists of aXigate, a comprehensive solution for healthcare data and workflow management.
price ($mm)
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announced 12/27/2005 via PR Newswire
 
 
 
 
 
 
 
 

Health Fitness Corporation will acquire HealthCalc.Net, Inc.

synopsis: Health Fitness Corporation today announced the signing of a definitive agreement to acquire the business of HealthCalc.Net, Inc., a leading provider of web-based fitness, health management, and wellness programs to corporations, health care organizations, physicians, and athletic/fitness centers.
buyer: Health Fitness Corporation(FIT:$77.68)
Health Fitness Corporation is a leading provider of fitness and health management services to corporations, hospitals, and communities. Serving clients for over 30 years, HFC provides fitness and health management services to more than 400 on-site and remote locations across the U.S. and Canada.
target: HealthCalc.Net, Inc.
HealthCalc is a leading provider of web-based health management services and wellness programs to corporations, health care organizations, physicians, and athletic/fitness centers.
price ($mm)
$6.03
rev ($mm)
$3
EBITDA ($mm)
$0
price / rev
2.4
price / EBITDA
46.4
*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target
closed 2/18/2009 via AP - Associated Press

CompuGroup Holdings AG acquired Noteworthy Medical Systems

synopsis: Noteworthy Medical Systems, Inc., a leading provider of connected healthcare technology solutions for the ambulatory sector, and CompuGROUP Holding AG, the leading European eHealth service provider, announced that CompuGROUP has completed a substantial equity investment in privately-held Noteworthy.
buyer: CompuGroup Holdings AG
CompuGROUP is one of the leading eHealth companies worldwide. It provides software products to support all medical and organizational activities in doctors' offices and hospitals, information services for all parties involved in the healthcare system,and web-based personal health records.
target: Noteworthy Medical Systems
Noteworthy Medical Systems, Inc. provides a comprehensive set of tools to manage and facilitate care in the ambulatory setting. Noteworthy's focus is to provide sophisticated applications for doctors' offices as well as the technology to connect physicians, hospitals and healthcare communities.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 2/18/2009 via PR Newswire

ChartConnect merged with Noteworthy Medical Systems

synopsis: Noteworthy Medical Systems, Inc., a leading provider of connected healthcare technology solutions for the ambulatory sector announced that it has closed on its merger with strategic partner ChartConnect, Inc., based in Yakima, Wash., a provider of turn-key health information exchange and web-based electronic health record applications.
buyer: Noteworthy Medical Systems
Noteworthy Medical Systems, Inc. provides a comprehensive set of tools to manage and facilitate care in the ambulatory setting. Noteworthy's focus is to provide sophisticated applications for doctors' offices as well as the technology to connect physicians, hospitals and healthcare communities.
target: ChartConnect
ChartConnect, Inc., based in Yakima, Washington, provides comprehensive electronic medical records for physician practices and hospitals nationwide. They are the leader in connecting healthcare communities to build the most easy-to-use online patient records available for patient care, anywhere.
price ($mm)
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closed 8/5/2008 via PR Newswire

Noteworthy Medical Systems acquired MARS Medical Systems Inc.

synopsis: Noteworthy Medical Systems, originator of the market's only three-screen ambulatory electronic health record (EHR), announced it has acquired strategic partner MARS Medical Systems, a leading provider of practice management solutions to physician groups.
buyer: Noteworthy Medical Systems
Noteworthy Medical Systems, Inc. provides a comprehensive set of tools to manage and facilitate care in the ambulatory setting. Noteworthy's focus is to provide sophisticated applications for doctors' offices as well as the technology to connect physicians, hospitals and healthcare communities.
target: MARS Medical Systems Inc.
MARS Medical Systems is dedicated to increasing efficiencies, reducing expenses, and streamlining office workflow for medical practices. This is achieved through development, deployment and support of innovative, single source, leading edge software and solutions for practices of all.
price ($mm)
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*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target
closed 1/12/2012 via BNC Analysis

CompuGroup Holdings AG acquired Microbais

synopsis: CompuGroup Medical concluded an agreement to acquire 100% of the shares in Microbais Werkmaatschappij B.V.. Microbais is one of the market leaders in ambulatory and pharmacy information systems in the Netherlands.
buyer: CompuGroup Holdings AG
CompuGROUP is one of the leading eHealth companies worldwide. It provides software products to support all medical and organizational activities in doctors' offices and hospitals, information services for all parties involved in the healthcare system,and web-based personal health records.
target: Microbais
Microbais Automatisering B.V. is a provider of ICT in the health care sector in the Netherlands. Microbais is one of the market leaders in ambulatory and pharmacy information systems in the Netherlands.
price ($mm)
$19
rev ($mm)
$14
EBITDA ($mm)
$3
price / rev
1.3
price / EBITDA
6
closed 6/22/2011 via BNC Analysis

CompuGroup Holdings AG acquired Lauer-Fischer Gmbh

synopsis: CompuGroup Medical AG, one of the leading global providers of eHealth solutions, has entered the market for pharmacy software has acquired 75% of the shares in LAUER-FISCHER GmbH. LAUER-FISCHER sells inventory management systems, pharmaceuticals databases and management information systems, and has been in this market for 60 years.
buyer: CompuGroup Holdings AG
CompuGROUP is one of the leading eHealth companies worldwide. It provides software products to support all medical and organizational activities in doctors' offices and hospitals, information services for all parties involved in the healthcare system,and web-based personal health records.
target parent: ARZ Haan AG
target: Lauer-Fischer Gmbh
Lauer-Fischer Gmbh provides software solutions to pharmacies. It also offers managed services and online services, including drug information systems and inventory management systems
price ($mm)
$74*
rev ($mm)
$71
EBITDA ($mm)
$14
price / rev
1.4
price / EBITDA
7.2
closed 2/18/2009 via AP - Associated Press

CompuGroup Holdings AG acquired Noteworthy Medical Systems

synopsis: Noteworthy Medical Systems, Inc., a leading provider of connected healthcare technology solutions for the ambulatory sector, and CompuGROUP Holding AG, the leading European eHealth service provider, announced that CompuGROUP has completed a substantial equity investment in privately-held Noteworthy.
buyer: CompuGroup Holdings AG
CompuGROUP is one of the leading eHealth companies worldwide. It provides software products to support all medical and organizational activities in doctors' offices and hospitals, information services for all parties involved in the healthcare system,and web-based personal health records.
target: Noteworthy Medical Systems
Noteworthy Medical Systems, Inc. provides a comprehensive set of tools to manage and facilitate care in the ambulatory setting. Noteworthy's focus is to provide sophisticated applications for doctors' offices as well as the technology to connect physicians, hospitals and healthcare communities.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target
closed 2/18/2009 via AP - Associated Press
 
 
 
 
 
 
 
 

CompuGroup Holdings AG acquired Noteworthy Medical Systems

synopsis: Noteworthy Medical Systems, Inc., a leading provider of connected healthcare technology solutions for the ambulatory sector, and CompuGROUP Holding AG, the leading European eHealth service provider, announced that CompuGROUP has completed a substantial equity investment in privately-held Noteworthy.
buyer: CompuGroup Holdings AG
CompuGROUP is one of the leading eHealth companies worldwide. It provides software products to support all medical and organizational activities in doctors' offices and hospitals, information services for all parties involved in the healthcare system,and web-based personal health records.
target: Noteworthy Medical Systems
Noteworthy Medical Systems, Inc. provides a comprehensive set of tools to manage and facilitate care in the ambulatory setting. Noteworthy's focus is to provide sophisticated applications for doctors' offices as well as the technology to connect physicians, hospitals and healthcare communities.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 3/20/2012 via PR Newswire
 
 
 
 
 
 
 
 

MD On-Line, Inc. acquired MD Technologies Inc.

synopsis: MD On-Line, Inc., a leading provider of electronic healthcare solutions that leverage data to improve practice efficiency and industry connectivity, announced that it has acquired MD Technologies Inc., a healthcare technology company based in Baton Rouge, Louisiana.
buyer: MD On-Line, Inc.
MD On-Line Inc. is a leading provider of electronic data interchange (EDI) solutions that facilitate the critical connection between doctors and payers. Its offerings enable electronic data capture and entry, and claim and transactional data submission to payers.
target: MD Technologies Inc.
MD Technologies Inc. is a proven provider of healthcare technology and service solutions to physician practices. MD Technologies' key product line is Medtopia®Manager, a suite of Internet-based business applications and services designed for the healthcare industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 3/15/2011 via Company Press Release
 
 
 
 
 
 
 
 

Accentus Inc. acquired MRecord, LLC

synopsis: Accentus Inc. announced the acquisition of Mrecord. Mrecord is a leader in speech-to-text technology and has offices in Raleigh, North Carolina and Mumbai, India. Accentus will utilize Mrecord’s technology platform and software development team to further enhance its ambulatory care service offering.
buyer parent:High Road Capital Partners
buyer: Accentus Inc.
Accentus provides Integrated Medical Document Management Solutions – Transcription, Document Imaging, and Remote Coding – for the creation of electronic health records. Hospitals, medical clinics, and independent physicians rely on Accentus to capture accurate and timely patient health information.
target: MRecord, LLC
Mrecord is one of the world's foremost medical records technology providers dedicated to transforming the way healthcare professionals create, interact and manage medical records.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 12/27/2010 via BusinessWire
 
 
 
 
 
 
 
 

NIIT Technologies acquired Preferr

synopsis: NIIT Technologies Limited, a leading IT solutions organization has acquired an electronic health records and referral management platform. The platform called "Preferr" enables seamless collaboration between all providers namely physicians, hospitals, diagnostic facilities, and laboratories.
buyer parent:NIIT Ltd
buyer: NIIT Technologies
NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Asia and Australia. It offers services in Application Development and Maintenance, Managed Services, IP Asset or Platform Solutions, and Business Process Outsourcing.
target: Preferr
Preferr is a Saas-based software platform to address growing healthcare needs, improve patient satisfaction and organizational efficiencies related to the referral process.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 5/11/2012 via BNC Analysis
 
 
 
 
 
 
 
 

Peer Review Mediation and Arbitration, Inc. purchased eMR Anywhere from Max Medical Systems

synopsis: Peer Review Mediation & Arbitration Inc. announced the acquisition of "eMR Anywhere." "eMR Anywhere" is an electronic medical record system that enables ambulatory care physicians and clinical staff to document the patient encounters, streamline clinical workflow, and securely exchange clinical data with others.
buyer: Peer Review Mediation and Arbitration, Inc.(PRVW:$0.05)
Peer Review Mediation and Arbitration (PRMA) is a leading source for medical consulting, medical expert witnesses and litigation support. PRMA delivers medical consulting services to attorneys, managed care organizations, healthcare providers and professional liability insurers.
seller: Max Medical Systems
"eMR Anywhere" is an electronic medical record (eMR) system that enables ambulatory care physicians and clinical staff to document the patient encounters, streamline clinical workflow, and securely exchange clinical data with other providers, patients, and information systems.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 2/18/2009 via PR Newswire
 
 
 
 
 
 
 
 

ChartConnect merged with Noteworthy Medical Systems

synopsis: Noteworthy Medical Systems, Inc., a leading provider of connected healthcare technology solutions for the ambulatory sector announced that it has closed on its merger with strategic partner ChartConnect, Inc., based in Yakima, Wash., a provider of turn-key health information exchange and web-based electronic health record applications.
buyer: Noteworthy Medical Systems
Noteworthy Medical Systems, Inc. provides a comprehensive set of tools to manage and facilitate care in the ambulatory setting. Noteworthy's focus is to provide sophisticated applications for doctors' offices as well as the technology to connect physicians, hospitals and healthcare communities.
target: ChartConnect
ChartConnect, Inc., based in Yakima, Washington, provides comprehensive electronic medical records for physician practices and hospitals nationwide. They are the leader in connecting healthcare communities to build the most easy-to-use online patient records available for patient care, anywhere.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 6/22/2011 via BusinessWire
 
 
 
 
 
 
 
 

Universata, Inc. merged with HealthPort Incorporated

synopsis: HealthPort, the authority on the compliant exchange of protected health information through release of information (ROI) services and audit management technology, announced its merger with Universata, a ROI company based in Germantown, MD. This merger is part of HealthPort’s targeted focus on the expansion of its core competency, ROI services.
buyer parent:ABRY Partners, LLC
buyer: HealthPort Incorporated
HealthPort is the authority on the compliant exchange of protected health information through HealthPort Release of Information services (HealthPort ROI) and comprehensive audit management technology (HealthPort AudaPro).
target: Universata, Inc.
Universata, Inc. provides healthcare applications. It offers PHI-nd IT, a release management system; eMRX, a health information exchange to search for records at other facilities; Request IT that electronically requests and receives a record through a Web portal, among other things.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 1/10/2007 via BusinessWire
 
 
 
 
 
 
 
 

ABRY Partners, Thurston Group acquired Companion Technologies

synopsis: The Thurston Group and ABRY Partners together announce that they have purchased the healthcare technology company Companion Technologies Corp. from BlueCross BlueShield of South Carolina.
buyer: ABRY Partners
buyer: Thurston Group
ABRY Partners is one of the most experienced and successful media-focused private equity investment firms in North America. Since 1989, ABRY has completed over $7.0 billion of leveraged transactions and other private equity investments, representing investments in more than 450 media properties.
target parent: Blue Cross and Blue Shield Association
target: Companion Technologies
HealthPort combines technology and strategic solutions to continually improve fragmented business processes for the healthcare community. HealthPort offers revenue cycle management, electronic medical record, electronic document management, practice management, and healthcare consulting services.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 1/5/2012 via BusinessWire
 
 
 
 
 
 
 
 

Yardi Systems, Inc. acquired ALMSA Corporation

synopsis: Yardi announced that it has acquired ALMSA Corporation, which provides electronic health record (EHR) and electronic medication administration record (eMAR) software and services for assisted living and long-term care communities. ALMSA’s platform includes assessment and care planning, financial analysis and risk mitigation.
buyer: Yardi Systems, Inc.
Yardi Systems is a leading provider of cost-effective, high-performance real estate software solutions. With the products comprising its Yardi Voyager™ Senior Housing Suite and Yardi Investment Suite™, Yardi Voyager is the most comprehensive senior housing management platform on the market.
target: ALMSA Corporation
ALMSA Corporation enhances profitability and oversight of a variety of community environments by utilizing a highly adaptable and accessible Web-based health platform to move community management and health operations into the digital world.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 5/25/2011 via BusinessWire
 
 
 
 
 
 
 
 

Phyaura, LLC acquired EHR Live, LLC

synopsis: Phyaura, LLC, a healthcare technology firm, has acquired EHR Live, LLC, a West Palm Beach company that shares PHYAURA’s focus on developing ‘open source’ Electronic Health Records (EHR) solutions in full compliance with government regulations.
buyer: Phyaura, LLC
PHYAURA, LLC is a healthcare technology firm that was founded by practicing physicians as a company dedicated to providing physicians with the resources, services, and HIPAA-compliant communication tools that merge the best practices of modern medicine with state of the art technologies.
target: EHR Live, LLC
EHR Live was designed to allow medical professionals to focus on their patients instead of paperwork and information technology. It provides the support needed in order to setup and maintain an OpenEMR (Electronic Medical Record) installation for practices who don't have the technical know-how.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 11/8/2010 via Market Wire
 
 
 
 
 
 
 
 

MedLink International, Inc. acquired Medappz, LLC

synopsis: MedLink, a leading provider of health information technology solutions, announced that it has acquired the assets of MedAppz, LLC. of Wichita, Kansas, a leading Electronic Health Record (EHR) and practice management software provider.
buyer: MedLink International, Inc.(MLKNA:$6.00)
MedLink is a healthcare IT company providing the medical community with products and services for the creation, management, and sharing of medical information. The company's flagship product, MedLink TotalOffice EHR 3.1, provides physicians with full EHR and practice management functionality.
target: Medappz, LLC
MedAppz is a leading Electronic Health Record (EHR) and practice management software provider focused on the smaller, clinical-based physician market, which makes up the majority of the US physician market. MedAppz iSuite technology is flexible, user friendly, affordable, and easy to implement.
price ($mm)
$3.57
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 11/6/2009 via BusinessWire
 
 
 
 
 
 
 
 

Fresenius Medical Care North America acquired HIT Services Group

synopsis: Fresenius Medical Care North America, operator of the nation’s leading network of dialysis facilities, announced it has purchased Nashville-based Health IT Services Group (HITSG) and its portfolio of products including Acumen nEHR, a nephrology-specific electronic health record.
buyer parent:Fresenius Medical Care AG & Co.
buyer: Fresenius Medical Care North America
Through their dialysis services entity, Fresenius Medical Services, Fresenius Medical Care North America operates more than 1,700 outpatient dialysis clinics in the U.S.
target: HIT Services Group
HIT Services Group offers Acumen EHR, a proprietary electronic network of web-based applications for physician practices. This technology enhances the care team’s ability to maintain, track and communicate medical, patient and business information.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 10/7/2009 via BusinessWire
 
 
 
 
 
 
 
 

Visionet Systems Inc. acquired eDocSynergy, LLC

synopsis: Visionet Systems - a provider of technology solutions, strategic consulting services, and knowledge process outsourcing - has acquired eDocSynergy, LLC, a privately-held provider of healthcare technology.
buyer: Visionet Systems Inc.
Using a combination of consulting, metrics-based technology solutions, and business process outsourcing, Visionet Systems helps customers identify and remove inefficient business processes and technologies to improve profitability.
target: eDocSynergy, LLC
eDoc Synergy is a leader in software innovation bringing years of technology experience together with business domain knowledge. eDoc Synergy helps businesses by providing business process efficiency with cutting edge technology.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 7/21/2009 via Company Press Release
 
 
 
 
 
 
 
 

Medfusion, Inc. acquired Medem, Inc.

synopsis: Medfusion acquires Medem's iHealth services for physicians and the iHealth Personal Health Record solution for patients. In addition to creating an expanded service offering, Medfusion welcomes Medem’s 8,000 providers into the Medfusion Physician Network.
buyer: Medfusion, Inc.
Medfusion provides patient-to-provider communication solutions that enable healthcare providers to offer superior service to their patients while improving office efficiency and generating revenue.
target parent: American Medical Association
target: Medem, Inc.
Medem was founded by the AMA and several national medical specialty societies to develop and provide secure, online communications services for physicians and other healthcare providers -- including hospitals and health systems -- to communicate with their patients.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 12/2/2008 via Company Press Release
 
 
 
 
 
 
 
 

IMS Maxims plc purchased software and other assets from CSW Group Limited

synopsis: IMS announces that it has acquired certain assets of CSW Group Limited including Case Notes, KMS and RealTime for £175,000 in cash from the Administrators of CSW Group Limited. The Administrators were appointed on 24 October 2008 and act only as agents to CSW.
buyer: IMS Maxims plc
Meet the Team Services Clients IMS MAXIMS plc was founded in 1986 and floated on the London AIM market in 1999; the group has grown both organically and through acquisition to become one of the leading players in the IT healthcare arena.
seller: CSW Group Limited
CSW Group Ltd. offers products for electronic records management, knowledge engineering, and knowledge delivery. The company provides electronic patient record and electronic health record products for the healthcare market.
price ($mm)
$0.27
rev ($mm)
$1
EBITDA ($mm)
price / rev
.2
price / EBITDA
closed 7/14/2011 via BusinessWire
 
 
 
 
 
 
 
 

Nuance Communications, Inc. acquired webMedx, Inc.

synopsis: Nuance Communications, Inc., a leading provider of speech and imaging solutions, has acquired Webmedx, the #1 KLAS-ranked transcription services provider. Webmedx offers transcription and editing services and clinical documentation technology for hospitals and clinics nationally.
buyer: Nuance Communications, Inc.(NUAN:$1,318.74)
Nuance is a leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents.
target parent: Camden Partners Holdings, LLC
target: webMedx, Inc.
Webmedx provides clinical documentation services to leading healthcare organizations nationwide. Offering a range of service options—from traditional transcription to cost effective self-completion—it helps hospitals and healthcare systems achieve their operational goals.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 12/16/2009 via PR Newswire
 
 
 
 
 
 
 
 

Tibotec Virco Virology BVBA acquired Lab Tracker

synopsis: Tibotec Virco Virology BVBA announced the acquisition of LAB TRACKER(TM) HIV, a customized electronic medical record (EMR) system. LAB TRACKER(TM) HIV is a full-service, scalable software platform designed to meet the complex disease-management needs of health care providers who are treating people living with HIV/AIDS.
buyer: Tibotec Virco Virology BVBA
Tibotec is changing people's lives and improving public health by fighting infectious diseases worldwide. They achieve this by delivering innovative therapeutic and diagnostic solutions that provide significant benefits to patients.
target: Lab Tracker
Lab Tracker from Ground Zero Software is the most popular outpatient condition-specific Electronic Health Records solution in the U.S. Lab Tracker's custom web-based applications enable clients to organize and analyze patient data from physicians, pharmacies, labs, clinics and archives with ease.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 3/1/2010 via BusinessWire
 
 
 
 
 
 
 
 

Hyland Software, Inc. acquired eWebHealth

synopsis: Thoma Bravo portfolio company Hyland Software, one of the world’s largest independent and highest growth enterprise content management software vendors, has acquired privately held eWebHealth, a leading provider of hosted medical records workflow solutions.
buyer parent:Thoma Bravo, LLC
buyer: Hyland Software, Inc.
Hyland Software Inc. is the developer of OnBase, a rapidly deployable suite of enterprise content management (ECM) software applications. OnBase is a modular suite of ECM applications that includes document imaging, workflow, electronic document management, COLD/ERM and records management.
target parent: Warburg Pincus
target: eWebHealth
eWebHealth is a leading provider of medical record workflow solutions. eWebHealth helps hospitals and health facilities overcome the inefficiencies of managing paper-based medical records to improve productivity, profitability and patient care.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 6/19/2009 via Market Wire
 
 
 
 
 
 
 
 

Mediware Information Systems Inc. acquired SciHealth, Inc.

synopsis: Mediware Information Systems, a provider of ClosedLoop™ blood and medication management software solutions, announced that it has finalized the acquisition of Atlanta-based SciHealth, Inc. SciHealth developed and markets Insight™, a business and clinical intelligences software package used in more than 100 hospitals.
buyer: Mediware Information Systems Inc.(MEDW:$55.52)
Mediware delivers ClosedLoop blood and medication management software systems that encapsulate information supporting patient therapies, reinforce patient safety practices and improve efficiencies to lower costs.
target: SciHealth, Inc.
SciHealth provides quality improvement/data management solutions to hospitals and healthcare-related organizations throughout the United States. Our mission is to help healthcare providers achieve higher levels of excellence through the use of Insight, a next-generation technology software solution.
price ($mm)
$1.70
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 4/23/2010 via PR Newswire
 
 
 
 
 
 
 
 

MedQuist Inc. acquired Spheris, Inc.

synopsis: MedQuist Inc., a leading provider of technology-enabled clinical documentation services, announces that it has completed the purchase of the domestic business of Spheris Inc. Simultaneously, CBay Inc., MedQuist's majority owner, has acquired the stock of Spheris India Private Limited, a subsidiary of Spheris.
buyer parent:CBay Systems Ltd.
buyer: MedQuist Inc.(MEDH:$417.33)
MedQuist Inc. is a leading provider of medical transcription software technology and services, enabling health systems, hospitals and group medical practices throughout the United States to efficiently manage clinical documentation workflow from voice capture through coding.
target parent: Warburg Pincus
target: Spheris, Inc.(:$149.92)
Spheris is a leading global provider of clinical documentation technology and services to more than 500 health systems, hospitals and group practices throughout the U.S. Spheris solutions address the needs of practitioners, health information directors, IT directors and administrators.
price ($mm)
$305
rev ($mm)
$150
EBITDA ($mm)
$25
price / rev
2
price / EBITDA
12
*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target

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Geography
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CSW Group Limited
CSW Group Ltd. offers products for electronic records management, knowledge engineering, and knowledge delivery. The company provides electronic patient record and electronic health record products for the healthcare market.
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CompuGroup Holdings AG
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athenahealth, Inc.
athenahealth, Inc.
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MediConnect Global, Inc.
MediConnect Global, Inc.
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Healthation LLC
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Proxsys, LLC
Proxsys, LLC is a provider of cloud-based care coordination services between physicians and hospitals. It partners with dozens of hospitals across as many different states to provide streamlined admitting services to health care facilities and their patients.
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Choicelinx Corporation is a benefits technology and services company specializing in a new generation of Web-based and consumer-focused benefits products for the health insurance industry.
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CompuGroup Holdings AG
CompuGROUP is one of the leading eHealth companies worldwide. It provides software products to support all medical and organizational activities in doctors' offices and hospitals, information services for all parties involved in the healthcare system,and web-based personal health records.
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athenahealth, Inc.
athenahealth, Inc.
athenahealth, Inc. is a leading provider of cloud-based business services for physician practices. athenahealth's service offerings are based on proprietary web-native practice management and electronic health record (EHR) software.
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eCareSoft Inc.
eCareSoft is a market leader in HIT cloud technology solutions for inpatient and ambulatory markets. eCareSoft provides hospitals and their affiliated networks with natively integrated EHR, clinical and financial solutions that are affordable, easy to use and quick to deploy.
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7 Medical Systems, LLC
Medical Systems™, LLC is a leading provider of cloud-based digital imaging, electronic medical records and revenue cycle management solutions for healthcare. It delivers its solutions to critical access hospitals, imaging centers, radiology groups and ambulatory clinics.
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Prognosis Health Information Systems
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Altos Solutions is the creator of OncoEMR, the first web-based, oncology-specific, clinical management software. It addresses the key concerns of today’s oncology practice: managing patient treatment, outcomes, and expenses.
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CSW Group Limited
CSW Group Ltd. offers products for electronic records management, knowledge engineering, and knowledge delivery. The company provides electronic patient record and electronic health record products for the healthcare market.
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MRO Corp.
MRO Corp., a leader in disclosure management solutions for healthcare organizations, provides electronic release-of-information (ROI), audit tracking, accounting of disclosures (AOD) and document management software and services.
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Ticker:
 
 
 
 
 
 
 
 
Proxsys, LLC
Proxsys, LLC is a provider of cloud-based care coordination services between physicians and hospitals. It partners with dozens of hospitals across as many different states to provide streamlined admitting services to health care facilities and their patients.
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rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
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Ticker: MEDH
 
 
 
 
 
 
 
 
MedQuist Inc.
MedQuist Inc.
MedQuist is a leading provider of medical transcription services and a leader in technology-enabled clinical documentation workflow. Its enterprise solutions include mobile voice capture devices, speech recognition, Web-based workflow platforms and a global network of medical editors.
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$81.44
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$8.51
Employees
12400
  • drill down
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Ticker:
 
 
 
 
 
 
 
 
MediConnect Global, Inc.
MediConnect Global, Inc.
MediConnect Global, Inc. is a worldwide leader in innovative medical record retrieval, digitization, and management for organizations and individuals. MediConnect Global, Inc. is one of the largest cloud-based health information exchanges.
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2011
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$25.00
EBITDA ($mm)
$10.00
EBIT ($mm)
Net Income ($mm)
Employees
350
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Encounter Care Solutions, Inc.
Encounter Care Solutions, Inc. offer integrated web-based applications with enabling technologies that transform the delivery of healthcare and the management of data for healthcare providers and consumers.
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rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Healthation LLC
Healthation is a healthcare technology company helping payers and administrators improve business performance with user-driven benefits management and transaction processing solutions. Healthation's goal is to accelerate a retail transform in healthcare a with a real-time, open exchange platform.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: US:BITKF
 
 
 
 
 
 
 
 
Biosign Technologies, Inc.
Biosign Technologies Inc. provides biomedical systems. Key applications include intelligent systems for noninvasive monitoring of common health risks associated with blood pressure, glucose, and medication.
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2010
rev ($mm)
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EBIT ($mm)
Net Income ($mm)
Employees
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