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Like Kocsis Consulting Group

announced 1/12/2012 via BusinessWire
 
 
 
 
 
 
 
 

TriZetto Group, Inc. will acquire Kocsis Consulting Group

synopsis: The TriZetto Group, Inc., provider of world-class healthcare IT software and service solutions, announced an agreement to acquire Kocsis Consulting Group, a Michigan-based firm that provides software training, compliance, and change management tools and solutions for healthcare payer organizations.
buyer parent:Apax Partners
buyer: TriZetto Group, Inc.
TriZetto provides world-class healthcare IT software and service solutions that drive administrative efficiency, improve the cost and quality of care, and increase payer and provider collaboration and connectivity.
target: Kocsis Consulting Group
Kocsis Consulting Group's mission is to make any business transition easier for client companies. Its services span end-user training, business readiness, business process improvement, policy and procedure documentation, and much more.
price ($mm)
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closed 9/6/2006 via
 
 
 
 
 
 
 
 

United BioSource Corporation acquired BioNiche Global Learning

synopsis: United BioSource Corporation has acquired Bioniche Global Learning, a McLean, Virginia-based provider of training and education services to the pharmaceutical and biotechnology industries. Bioniche specializes in developing and implementing international programs for training health care professionals who serve as investigators in clinical research
buyer: United BioSource Corporation
United BioSource Corporation accelerates the generation, analysis and communication of real world evidence by integrating scientific and operational expertise with innovative technology solutions to support global development and commercialization of medical products for life science companies.
target: BioNiche Global Learning
Bioniche Global Learning provides domestic and international rater training and other clinical trial and CME related educational services to the pharmaceutical and biotechnology industries. The Company specializes in psychiatry and other central nervous system diseases.
price ($mm)
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announced 1/12/2012 via BusinessWire

TriZetto Group, Inc. will acquire Kocsis Consulting Group

synopsis: The TriZetto Group, Inc., provider of world-class healthcare IT software and service solutions, announced an agreement to acquire Kocsis Consulting Group, a Michigan-based firm that provides software training, compliance, and change management tools and solutions for healthcare payer organizations.
buyer parent:Apax Partners
buyer: TriZetto Group, Inc.
TriZetto provides world-class healthcare IT software and service solutions that drive administrative efficiency, improve the cost and quality of care, and increase payer and provider collaboration and connectivity.
target: Kocsis Consulting Group
Kocsis Consulting Group's mission is to make any business transition easier for client companies. Its services span end-user training, business readiness, business process improvement, policy and procedure documentation, and much more.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
announced 1/12/2012 via BusinessWire

TriZetto Group, Inc. will acquire Kocsis Consulting Group

synopsis: The TriZetto Group, Inc., provider of world-class healthcare IT software and service solutions, announced an agreement to acquire Kocsis Consulting Group, a Michigan-based firm that provides software training, compliance, and change management tools and solutions for healthcare payer organizations.
buyer parent:Apax Partners
buyer: TriZetto Group, Inc.
TriZetto provides world-class healthcare IT software and service solutions that drive administrative efficiency, improve the cost and quality of care, and increase payer and provider collaboration and connectivity.
target: Kocsis Consulting Group
Kocsis Consulting Group's mission is to make any business transition easier for client companies. Its services span end-user training, business readiness, business process improvement, policy and procedure documentation, and much more.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 1/5/2012 via Company Press Release

TriZetto Group, Inc. acquired Medical Data Express, LLC

synopsis: The TriZetto Group, Inc., a provider of premier information technology solutions to the healthcare industry, announced the acquisition of Medical Data Express, a provider of technology consulting and solutions to the healthcare market.
buyer parent:Apax Partners
buyer: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
target: Medical Data Express, LLC
Health plans use Medical Data Express' technology and services to meet federal and state mandates for claim submissions that require medical encounter data formats.
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announced 2/22/2011 via BusinessWire

TriZetto Group, Inc. will acquire Gateway EDI Inc.

synopsis: The TriZetto Group has announced that it has signed an agreement to acquire privately held Gateway EDI, a St. Louis-based healthcare revenue cycle management (RCM) company that gives more than 70,000 physicians solutions for getting paid efficiently and accurately.
buyer parent:Apax Partners
buyer: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
target parent: ABRY Partners, LLC
target: Gateway EDI Inc.
Gateway EDI is a St. Louis-based healthcare revenue cycle management (RCM) company. More than 70,000 physicians continue to count on Gateway's fully integrated suite of advanced tools and proactive service team to monitor, catch and fix claims issues before they can impact a practice.
price ($mm)
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closed 8/1/2010 via BusinessWire

TriZetto Group, Inc. acquired Tela Sourcing, Inc.

synopsis: The TriZetto Group, Inc. has announced it has completed its acquisition of privately held Tela Sourcing, Inc., a Baltimore-based business process outsourcing (BPO) services company that provides U.S. and India-based outsourcing capabilities to the healthcare industry.
buyer parent:Apax Partners
buyer: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
target: Tela Sourcing, Inc.
Tēla Sourcing is a privately-held company headquartered in Baltimore, Maryland. The domain expertise, experience and delivery expertise of Tēla offers a wide range of solutions for business process outsourcing (BPO) and software application development.
price ($mm)
$29
rev ($mm)
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price / rev
price / EBITDA
closed 8/4/2008 via BusinessWire

Apax Partners acquired TriZetto Group, Inc.

synopsis: The TriZetto Group, Inc. and Apax Partners announced the closing of the merger pursuant to which funds advised by Apax Partners, together with minority investors BlueCross BlueShield of Tennessee and The Regence Group, acquired all of TriZetto’s common stock for $22 cash per share.
buyer parent:Apax Partners & Co. Ventures Ltd.
buyer: Apax Partners
Apax Partners is one of the world's leading private equity investment groups. It operates across the United States, Europe and Israel and has more than 30 years of investing experience. Funds under the management or advice of Apax Partners total $35 billion around the world.
target: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
price ($mm)
$1,185
rev ($mm)
$445
EBITDA ($mm)
$70
price / rev
2.8
price / EBITDA
17.9
closed 12/22/2006 via

TriZetto Group, Inc. acquired Plan Data Management, Inc

synopsis: The TriZetto Group, Inc. has signed a definitive agreement to acquire privately held Plan Data Management, Inc., a leading provider of revenue enhancement software and administrative efficiency solutions for payers that service members in Medicare Advantage, Medicare Part D and Medicaid plans.
buyer: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
target: Plan Data Management, Inc
Plan Data Management is a business solutions company focused on providing software and services to the healthcare industry. The company’s primary products assist Medicare Advantage and Medicare Part D Plans to optimize revenue, reduce administration costs and improve compliance.
price ($mm)
$42
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 1/11/2007 via BusinessWire

TriZetto Group, Inc. acquired Quality Care Solutions, Inc.

synopsis: The TriZetto Group, Inc. has completed the acquisition of privately held QCSI (Quality Care Solutions, Inc.). As previously announced, the definitive agreement for the acquisition was executed on September 13, 2006. The company received regulatory clearance for the transaction on December 29th.
buyer: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
target: Quality Care Solutions, Inc.
QCSI is empowering companies for "The Next Healthcare Economy, Without Information Boundaries." The company delivers advanced technology enterprise solutions that aids health insurers, administrators and consumers to automate healthcare administration, lower the cost of care and improve outcomes.
price ($mm)
$146
rev ($mm)
$57
EBITDA ($mm)
$10
price / rev
2.6
price / EBITDA
15.2
closed 4/24/2006 via BusinessWire

Med Advantage purchased NCVO Credentialing Arm from TriZetto Group, Inc.

synopsis: Med Advantage, a leading provider of data and credentialing services, announced it has acquired the NCVO(R) Credentialing Verification Organization of The TriZetto Group, Inc. This is the fourth (4th) acquisition that Med Advantage has completed in the past several years.
buyer: Med Advantage
Med Advantage is a leading provider of Credentialing and Data integration services. Working with Med Advantage, companies improve and reduce the cost of credentialing by integrating the automated services.
seller: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
price ($mm)
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closed 12/22/2005 via BusinessWire

TriZetto Group, Inc. acquired CareKey, Inc.

synopsis: The TriZetto Group, Inc. today announced that it has completed the acquisition of privately held CareKey, Inc., a leading provider of advanced care management software. The combination expands TriZetto's market opportunities and increases its customers' ability to improve the cost and quality of care for their members.
buyer: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
target: CareKey, Inc.
CareKey is the leading provider of enterprise care management solutions to health plans and employers. Their member-centric web-based platform facilitates collaborative communication and data exchange among health plans, employers, members and providers, while automating health plan workflows.
price ($mm)
$60
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 8/4/2008 via BusinessWire
 
 
 
 
 
 
 
 

Apax Partners acquired TriZetto Group, Inc.

synopsis: The TriZetto Group, Inc. and Apax Partners announced the closing of the merger pursuant to which funds advised by Apax Partners, together with minority investors BlueCross BlueShield of Tennessee and The Regence Group, acquired all of TriZetto’s common stock for $22 cash per share.
buyer parent:Apax Partners & Co. Ventures Ltd.
buyer: Apax Partners
Apax Partners is one of the world's leading private equity investment groups. It operates across the United States, Europe and Israel and has more than 30 years of investing experience. Funds under the management or advice of Apax Partners total $35 billion around the world.
target: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
price ($mm)
$1,185
rev ($mm)
$445
EBITDA ($mm)
$70
price / rev
2.8
price / EBITDA
17.9
closed 7/26/2011 via BusinessWire
 
 
 
 
 
 
 
 

McKesson Corporation acquired Portico Systems

synopsis: Safeguard Scientifics, Inc.'s Portico Systems has closed its sale to Mckesson Corp, a healthcare services and information technology company. Portico Systems offers health plans software solutions exclusively focused on unlocking the value of Provider Network Management.
buyer: McKesson Corporation(MCK:$112,084.00)
McKesson Corporation is a healthcare services and information technology company dedicated to making the business of healthcare run better. McKesson partners with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care.
target parent: Safeguard Scientifics, Inc.
target: Portico Systems
Portico Systems offers health plans software solutions exclusively focused on unlocking the value of Provider Network Management. Portico Systems’ innovative solutions enable health plans to reduce administrative, medical and IT costs.
price ($mm)
$85
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 12/22/2006 via
 
 
 
 
 
 
 
 

TriZetto Group, Inc. acquired Plan Data Management, Inc

synopsis: The TriZetto Group, Inc. has signed a definitive agreement to acquire privately held Plan Data Management, Inc., a leading provider of revenue enhancement software and administrative efficiency solutions for payers that service members in Medicare Advantage, Medicare Part D and Medicaid plans.
buyer: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
target: Plan Data Management, Inc
Plan Data Management is a business solutions company focused on providing software and services to the healthcare industry. The company’s primary products assist Medicare Advantage and Medicare Part D Plans to optimize revenue, reduce administration costs and improve compliance.
price ($mm)
$42
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 1/11/2007 via BusinessWire
 
 
 
 
 
 
 
 

TriZetto Group, Inc. acquired Quality Care Solutions, Inc.

synopsis: The TriZetto Group, Inc. has completed the acquisition of privately held QCSI (Quality Care Solutions, Inc.). As previously announced, the definitive agreement for the acquisition was executed on September 13, 2006. The company received regulatory clearance for the transaction on December 29th.
buyer: TriZetto Group, Inc.
TriZetto is Powering Integrated Healthcare Management™. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers.
target: Quality Care Solutions, Inc.
QCSI is empowering companies for "The Next Healthcare Economy, Without Information Boundaries." The company delivers advanced technology enterprise solutions that aids health insurers, administrators and consumers to automate healthcare administration, lower the cost of care and improve outcomes.
price ($mm)
$146
rev ($mm)
$57
EBITDA ($mm)
$10
price / rev
2.6
price / EBITDA
15.2
closed 12/14/2006 via PR Newswire
 
 
 
 
 
 
 
 

Datasul SA acquired Informenge

synopsis: Datasul SA, a Brazilian multinational that offers software integrated solutions to corporate clients, hereby announces the acquisition of Informenge, a management software solutions provider for health care, such as health care insurance companies, hospitals, medical offices, laboratories, diagnostic imaging centers and pharmacies.
buyer: Datasul SA
Datasul pioneer in the development and trading of software integrated solutions for corporate management. The software developed by Datasul is designed for automating and managing their customers’ critical processes, such as: finances, human resources, logistics and manufacturing, among others.
target: Informenge
Informenge is a management software solutions provider for health care, such as health care insurance companies, hospitals, medical offices, laboratories, diagnostic imaging centers and pharmacies.
price ($mm)
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closed 6/14/2007 via BusinessWire
 
 
 
 
 
 
 
 

Hicks Holdings, LLC. purchased a minority stake in SafeMed, Inc.

synopsis: Hicks Holdings, LLC, a Dallas-based, family-owned private investment enterprise headed by Thomas O. Hicks, and SafeMed Inc., of San Diego, an emerging leader in clinical decision support systems, today announced that Hicks Holdings has acquired a 40 percent stake in SafeMed.
buyer: Hicks Holdings, LLC.
Hicks Holdings is a holding company for the Hicks family’s sports, real estate and other assets and investments, including Major League Baseball’s Texas Rangers, the National Hockey League’s Dallas Stars and the Liverpool Football Club.
target: SafeMed, Inc.
SafeMed has developed a unique suite of products that provides comprehensive, actionable information at the point-of-care, thereby enhancing clinical decisions in order to reduce costs and improve the quality and affordability of care.
price ($mm)
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closed 7/18/2006 via PR Newswire
 
 
 
 
 
 
 
 

Eclipsys Corporation acquired Sysware Healthcare Systems, Inc.

synopsis: Eclipsys Corporation(R), The Outcomes Company(R), announced that it has closed the acquisition of the business of Sysware Healthcare Systems, Inc., a laboratory information system (LIS) company headquartered in Michigan.
buyer: Eclipsys Corporation(ECLP:$519.18)
Eclipsys Corporation® is the recognized leader in providing knowledge-driven, process-improving SunriseXA software and related service solutions to major healthcare providers, including integrated delivery networks, medical centers and hospitals.
target: Sysware Healthcare Systems, Inc.
Founded in 1989 to provide the hospital and reference laboratory market with high-tech, fully-integrated Laboratory Information System (LIS) solutions, Sysware Healthcare Systems, Inc. today has a wide portfolio of products that span the continuum of the clinical market.
price ($mm)
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closed 2/8/2006 via BusinessWire
 
 
 
 
 
 
 
 

Medicity Inc. purchased iServices Group from Park City Solutions

synopsis: Medicity Inc., a provider of clinical connectivity and Web-based electronic health records (EHRs) for healthcare organizations and connected communities, today announced the acquisition of Park City Solutions' iServices Group.
buyer: Medicity Inc.
With Medicity, clinicians are empowered to deliver superior quality, highly efficient and better-coordinated healthcare through fast and easy access to, and collaboration with, patient-centric clinical information acquired from disparate systems across multiple care locations.
seller: Park City Solutions
Park City Solutions has focused on the portal needs of hospitals and was recently distinguished as the only non-core HIS vendor to qualify for the main body of the first KLAS Physician/Clinician Portal Study released in September, 2005.
price ($mm)
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closed 8/2/2006 via PR Newswire
 
 
 
 
 
 
 
 

Netsmart Technologies, Inc. acquired QS Technologies, Inc.

synopsis: Netsmart Technologies, Inc., a leading provider of enterprise-wide software for health and human services organizations, has acquired the business of Greenville, S.C.-based QS Technologies, Inc. from Intelligent Systems Corporation.
buyer parent:Bessemer Venture Partners
buyer: Netsmart Technologies, Inc.
Netsmart Technologies, Inc. is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customers use Netsmart products to help improve the quality of life for more than 20 million people each year.
target parent: Intelligent Systems Corporation
target: QS Technologies, Inc.
QS Technologies, founded in 1979 and acquired by Intelligent Systems in 1997, delivers enterprise-wide public health solutions and vital records software to 70 public health agencies, including nine states.
price ($mm)
$6.59
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 4/27/2006 via
 
 
 
 
 
 
 
 

Nightingale Informatix Corporation acquired Integrated Healthware, LLC

synopsis: Nightingale Informatix Corporation announced it has entered into a binding letter of intent (LOI) to acquire the assets and business operations of Integrated Healthware Inc., a healthcare software provider for the U.S. market and its affiliate, Physician Strategies LLC, a practice management firm.
buyer: Nightingale Informatix Corporation
Nightingale Informatix Corporation is one of North America's fastest growing healthcare application service providers for outpatient clinics. Nightingale's Internet-based solutions are designed to help physicians, clinics and hospitals more efficiently manage their operations and patient records.
target: Integrated Healthware, LLC
For over 20 years, Integrated Healthware has been a leading provider of medical software and services that are in daily use by over 3,000 healthcare providers nationwide. Our products give practitioners timely and accurate access to the patient information they need to provide high quality care.
price ($mm)
$5.84
rev ($mm)
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price / rev
price / EBITDA
closed 5/20/2005 via Company Description
 
 
 
 
 
 
 
 

Ascribe Plc acquired Footman-Walker Associates Limited

synopsis: On 20 May 2005 the entire share capital of Footman-Walker Associates Limited was acquired by Ascribe plc, the Health IT group. Footman-Walker has become a key constituent of the Ascribe Group plc.
buyer: Ascribe Plc
Ascribe bring leading edge technology to Medicines Management - electronic checks and balances support all those who take part in treating patients with medicines.
target: Footman-Walker Associates Limited
Footman-Walker is a leader in clinical computing with millions of patient records managed across hospitals in the UK & Ireland. The key to their success has been the development of Healthcare Systems in conjunction with a team of practicing doctors, nurses, clerical & IT staff.
price ($mm)
$4.72
rev ($mm)
EBITDA ($mm)
price / rev
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closed 10/28/2004 via PR Newswire
 
 
 
 
 
 
 
 

acquired Berdy Medical Systems, Inc.

synopsis: Ramp Corporation RCO today announced that it has executed a definitive Agreement to purchase, and has closed the purchase, of the assets of Berdy Medical Systems, Inc, the publisher of the SmartClinic point-of-care software suite, which has become an indispensable clinical tool licensed by 780 clinical users and over 300 physicians.
Medix Resources nurses a grudge against the inefficient use of health care resources. The company, which began in 1988 as a nursing placement agency, has sold off its staffing business to focus on the development of Internet-based software for the health care industry. Cymedix.com, operated by Medi
target: Berdy Medical Systems, Inc.
Berdy Medical Systems, an innovative leader in medical software, addresses the critical issues raised by the information-intensive nature of healthcare provision; the need to access, manage, document, share information, maintain HIPAA compliance, and the need to contain cost. Berdy Medical Systems
price ($mm)
$0.40
rev ($mm)
$3
EBITDA ($mm)
price / rev
.2
price / EBITDA
closed 5/11/2004 via PR Newswire
 
 
 
 
 
 
 
 

ISO Properties, Inc. acquired DxCG, Inc.

synopsis: ISO announced today it has acquired DxCG(R), Inc., a Boston-based provider of analytical software solutions that promote fair and efficient health care. With DxCG's sophisticated solutions, customers more accurately evaluate, plan and budget health care management programs. Terms were not disclosed.
buyer: ISO Properties, Inc.(VRSK:$1,331.84)
Verisk Analytics is a leading provider of risk assessment solutions to professionals in insurance, healthcare, mortgage lending, government, risk management, and human resources. In the US and around the world, Verisk Analytics helps customers protect people, property, and financial assets.
target: DxCG, Inc.
DxCG(R), a leading provider of predictive modeling software to the healthcare industry. DxCG promotes fair and efficient health care by providing software solutions to more accurately plan, budget and evaluate healthcare management programs.
price ($mm)
rev ($mm)
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closed 4/21/2004 via BusinessWire
 
 
 
 
 
 
 
 

LifeMasters Supported SelfCare, Inc. acquired Medical Scientists, Inc.

synopsis: LifeMasters Supported SelfCare, Inc., one of the nation's largest disease management organizations, today announced the acquisition of Medical Scientists, Inc., the leader in predictive modeling technology.
buyer: LifeMasters Supported SelfCare, Inc.(:$48.60)
LifeMasters Supported SelfCare, one of the nation's leading disease management companies, provides programs and services that create health partnerships among individuals, their physicians and payors.
target: Medical Scientists, Inc.
Medical Scientists is the visionary leader in predictive modeling software that combines both biological science and advanced technology to provide customers with the tools and information to reduce costs and improve health outcomes. Medical Scientists' world-class roster of healthcare and corporat
price ($mm)
rev ($mm)
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closed 7/27/2004 via BusinessWire
 
 
 
 
 
 
 
 

Guardian Technologies International, Inc. acquired Wise Systems Limited

synopsis: Guardian Technologies International, Inc. (OTCBB:GDTI), a leading provider of intelligent systems solutions, today announced that it has acquired Wise Systems Ltd. (Wise) under the terms of a stock purchase agreement.
buyer: Guardian Technologies International, Inc.(GDTI:$0.00)
Guardian Technologies International, Inc. (GDTI) is a data mining and knowledge extraction company committed to helping corporations and government departments and agencies make better decisions by effectively and efficiently transforming their varied and voluminous data into useable knowledge. Wit
target: Wise Systems Limited
Since 1982 Wise Systems Limited have been authoring major bespoke and packaged systems for Manufacturing, Business and Healthcare markets. Today Wise Systems Limited concentrate their efforts on Healthcare management and messaging systems, we offer open solutions running on both Unix and Microsoft
price ($mm)
$2.55
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 8/15/2008 via BusinessWire
 
 
 
 
 
 
 
 

Health Care Service Corporation acquired MEDecision, Inc.

synopsis: MEDecision, Inc. and Health Care Service Corporation announced the closing of a merger transaction pursuant to which MEDecision has become a wholly-owned subsidiary of HCSC and MEDecision's shareholders received $7.00 per share in cash.
buyer: Health Care Service Corporation
Health Care Service Corporation, a Mutual Legal Reserve Company, is the largest customer-owned health insurer in the US and the fourth largest health insurer in the country overall.
target: MEDecision, Inc.
MEDecision offers collaborative health care management solutions that provide a simplified and smart way to manage the health of members and member populations which can improve the quality and affordability of care.
price ($mm)
$114
rev ($mm)
$46
EBITDA ($mm)
price / rev
2.5
price / EBITDA
closed 9/29/2005 via PR Newswire
 
 
 
 
 
 
 
 

Netsmart Technologies, Inc. acquired CMHC Systems

synopsis: Netsmart Technologies, Inc., a leading supplier of enterprise-wide software solutions for health and human services providers through its wholly-owned subsidiary, Creative Socio-Medics Corp., today announced the successful closing of its acquisition of CMHC Systems, Inc., Dublin, Ohio.
buyer parent:Bessemer Venture Partners
buyer: Netsmart Technologies, Inc.
Netsmart Technologies, Inc. is an established, leading supplier of enterprise-wide software solutions for health and human services providers. More than 18,000 customers use Netsmart products to help improve the quality of life for more than 20 million people each year.
target: CMHC Systems
CMHC Systems delivers full suites of behavioral healthcare information management software for both the UNIX and Windows platforms. Each one manages the critical information and processes your agency depends on, and delivers it in the way that best meets your unique needs.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 1/6/2006 via BusinessWire
 
 
 
 
 
 
 
 

Per-Se Techologies, Inc. acquired NDCHealth

synopsis: Per-Se Technologies, Inc. announced the successful completion of its acquisition of NDCHealth Corporation.
buyer parent:McKesson Corporation
buyer: Per-Se Techologies, Inc.(PSTI:$486.30)
Per-Se Technologies, Inc. delivers services and solutions to the healthcare industry through three divisions: Physician Services, e-Health Solutions and Application Software.
target: NDCHealth
NDCHealth has been providing integrated information support to all segments of the health industry for over two decades. This experience, leveraged with our powerful network capabilities, has built our reputation as an innovative provider of end-to-end business solutions.
price ($mm)
$959
rev ($mm)
$388
EBITDA ($mm)
$88
price / rev
2.5
price / EBITDA
10.9
closed 5/7/2012 via PR Newswire
 
 
 
 
 
 
 
 

Emdeon, Inc. acquired TC³ Health, Inc.

synopsis: Emdeon Inc. announced its acquisition of TC3™Health, Inc. The acquisition of TC3 expands Emdeon's already robust Payment Integrity solutions for healthcare payers to include new claims analytics tools from pre-adjudication through post-payment, as well as access to a broad out-of-network claims cost management solution.
buyer parent:Blackstone Group LP
buyer: Emdeon, Inc.(EM:$1,002.15)
Emdeon, Inc. is a leading provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers and patients in the U.S. healthcare system.
target parent: JMI Equity
target: TC³ Health, Inc.
TC3 Health is a leading provider of cost containment solutions, including payment integrity and out-of-network claims cost management, to U.S. healthcare payers. It provides healthcare payers a total claims management solution that provides payment integrity and enables cost savings.
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closed 1/5/2012 via Company Press Release
 
 
 
 
 
 
 
 

OpenSpan acquired Triangle BPA, LLC

synopsis: OpenSpan, Inc. has signed a definitive agreement to acquire Triangle BPA, LLC, provider of solutions to automate claims processing tasks based on business rules.
buyer: OpenSpan
OpenSpan software is used as part of a continuous improvement process to discover, measure and improve the productivity of front and back office workers.
target: Triangle BPA, LLC
Triangle BPA, LLC. was formed to help payers and providers automate the manual activities required to process healthcare claims. Utilizing proven automation concepts, Triangle BPA designed and developed the Claim Control Engine™ (CCE) to quickly build claims automation.
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*Price paid does not equal Enterprise Value as the buyer aqcuired less than 100% of target

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