By Core Informatics LLC

closed 3/6/2017 via BusinessWire

Thermo Fisher Scientific, Inc., acquired Core Informatics LLC

synopsis: Thermo Fisher Scientific Inc. announced that it has acquired Core Informatics, which provides a cloud-based platform supporting scientific data management. Core’s offerings will enhance Thermo Fisher’s existing informatics solutions and complement its cloud platform, which supports the company’s genetic analysis, qPCR and proteomics systems.
buyer: Thermo Fisher Scientific, Inc. (TMO:$24,630.00)
Thermo Fisher Scientific Inc. offers an unmatched combination of innovative technologies, purchasing convenience and comprehensive support. They help customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics and increase laboratory productivity. "
target: Core Informatics LLC
Core Informatics partners with customers in biopharma, genomics, and other industries to deliver lab informatics solutions to derive more value and insight from scientific data. Core Informatics provides the scalable Platform for Science that enables customers to build workflows for specific needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/6/2017 via BusinessWire

Thermo Fisher Scientific, Inc., acquired Core Informatics LLC

synopsis: Thermo Fisher Scientific Inc. announced that it has acquired Core Informatics, which provides a cloud-based platform supporting scientific data management. Core’s offerings will enhance Thermo Fisher’s existing informatics solutions and complement its cloud platform, which supports the company’s genetic analysis, qPCR and proteomics systems.
buyer: Thermo Fisher Scientific, Inc. (TMO:$24,630.00)
Thermo Fisher Scientific Inc. offers an unmatched combination of innovative technologies, purchasing convenience and comprehensive support. They help customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics and increase laboratory productivity. "
target: Core Informatics LLC
Core Informatics partners with customers in biopharma, genomics, and other industries to deliver lab informatics solutions to derive more value and insight from scientific data. Core Informatics provides the scalable Platform for Science that enables customers to build workflows for specific needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/19/2017 via Company Press Release

Malta Informatique SARL, acquired aXigate

synopsis: Malta Informatique, a subsidiary of Pharmagest Interactive, announced the acquisition of aXigate, a company specializing in Health Information Systems. aXigate's web-based solution allows for patient records management, care activity management, and resource planning.
buyer parent: Pharmagest Interactive S.A.
buyer: Malta Informatique SARL
Malta Informatique specializes in the design and publishing software for nursing homes. A major player in the computerization of nursing homes, the company MALTA COMPUTER brings together men and women who, each in their field, providing advice and assistance with a constant focus on quality. "
target: aXigate
Founded in 2002 and based in Paris, aXigate develops an information system designed for healthcare establishments and healthcare networks. Their web-based solution allows for patient records management, care activity management, and resource planning.
price ($mm)
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 12/25/2013 via BNC Analysis

VITEC Software Group, will acquire Acute FDS Ltd

synopsis: Vitec Software Group AB, a Swedish software company, signed an agreement to acquire FD Systems Oy, a Finnish third largest supplier of patient information software.
buyer: VITEC Software Group (OM:VIT B:$126.67)
Vitec Software Group AB is a software company that offers industry-specific business applications. Vitec provides software for real estate companies, realtors, energy companies, insurance brokers and yellow page publishers. "
target: Acute FDS Ltd
Acute healthcare information systems is a specialized software company whose roots go back to 1987. Their mission is to produce, deliver and maintain a user-friendly information systems for healthcare professionals.
price ($mm)
$16
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/13/2012 via PR Newswire

Epazz, Inc., acquired CMHCi

synopsis: Epazz, Inc., a leading provider of cloud based business software solutions, announced that it has acquired MS Health, a New Jersey based company. MS Health, mental health software, is a cloud based solution for Behavioral healthcare, mental health, and social services providers nationwide.
buyer: Epazz, Inc. (OTCPK:EPAZ:$1.35)
Epazz, Inc. is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. "
target: CMHCi
CMHCi is an enterprise wide solution that includes the tools to effectively provide, manage, bill, and track behavioral healthcare and social services. With CMHCi, organizations will realize the benefits of increased efficiency, accountability, and productivity.
price ($mm)
$0.50
rev ($mm)
$0
EBITDA ($mm)
EV / rev
1.1x
EV / EBITDA
closed 9/10/2018 via PR Newswire

Elsevier B.V., acquired Aries Systems Corp.

synopsis: Elsevier, the global information analytics business specializing in science and health, announced it has acquired Aries Systems, a leader in scientific publication workflow solutions headquartered outside Boston, MA. Aries' offerings are used for manuscript submission, peer review, production tracking and eCommerce.
buyer parent: RELX Group plc
buyer: Elsevier B.V.
Elsevier is a global information analytics business that helps institutions and professionals progress science, advance healthcare and improve performance for the benefit of humanity. Elsevier provides digital solutions in the areas of strategic research management, R&D performance, and more. "
target: Aries Systems Corp.
Aries Systems transforms the way scholarly publishers bring high-value content to the world. The company’s innovative and forward-looking workflow solutions manage the complexities of modern print and electronic publishing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/13/2011 via Market Wire

BioData Ltd., acquired LabLife Software Inc.

synopsis: BioData Ltd. announced that it has acquired all the assets of LabLife Software Inc., furthering its strategy to become the leading research and lab management software and service provider. LabLife offers scientists web-based tools to make lab work and lab processes more organized and efficient.
buyer parent: Verlagsgruppe Georg von Holtzbrinck GmbH
buyer: BioData Ltd.
Bio Data, Ltd. develops and markets laboratory management tools designed for researchers in the academic and industrial markets. It offers BioKM, an innovative online software-as-a-service (SaaS) tool for research management. "
target: LabLife Software Inc.
LabLife Software Inc. offers scientists web-based tools to make lab work and lab processes more organized and efficient. LabLife’s software tools enable scientists to coordinate lab purchasing, manage inventory, centralize files, analyze data and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/29/2010 via BusinessWire

Digital Science, acquired BioData Ltd.

synopsis: BioData Ltd. has announced that Digital Science has acquired an equity stake in BioData as part of their new strategy to focus on providing world-class software tools and services to researchers. BioData develops and markets state of the art laboratory management tools designed especially for researchers in the academic and industrial markets.
buyer parent: Verlagsgruppe Georg von Holtzbrinck
buyer: Digital Science
Digital Science provides software and information to support researchers and research administrators in their everyday work, with the ultimate aim of making science more productive through the use of technology. "
target: BioData Ltd.
BioData provides flexible, affordable laboratory management systems for scientists, principal investigators and lab managers. Its main service is an innovative web-based application that enables research groups to stay organized without resorting to expensive, rigid enterprise software systems.
price ($mm)
$7.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/8/2010 via BusinessWire

Halfpenny Technologies Inc., acquired Laboratory Management Services, LLC.

synopsis: Halfpenny Technologies, Inc., a leading health information exchange solutions provider, announced that it has acquired Laboratory Management Services, a leading provider of clinical data acquisition and reporting solutions for health plans and clinical laboratories.
buyer: Halfpenny Technologies Inc.
Halfpenny Technologies is a leading provider of healthcare connectivity and integration solutions for Health Information Exchange, Clinical Data Exchange and CPOE (computerized physician order entry). "
target: Laboratory Management Services, LLC.
Laboratory Management Services, LLC (LMS) is a healthcare integration services company that unites leading health plans and clinical laboratories. LMS fulfills the needs of health plans and insurers who seek an efficient, more flexible alternative to exclusive lab contracts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/28/2017 via PR Web

TruClinic, acquired Overl.ai, Inc.

synopsis: TruClinic Inc. announced that it has acquired privately held Overl.ai Inc., a healthcare automation intelligence company based in New York. Overl.ai provides an award-winning self-service patient intake solution that combines machine learning and automation to improve data capture and patient experience.
buyer: TruClinic
TruClinic provides web-based telemedicine solutions for providers and organizations in the healthcare industry. The company offers a secure, high definition video communication system, as well as a suite of practice management products that extend the reach of healthcare practices. "
target: Overl.ai, Inc.
Overl.ai provides an award-winning self-service patient intake solution that combines machine learning and automation to improve data capture. It can capture clinical and non-clinical information, process insurance eligibility, collect payments, schedule appointments, and collect surveys.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/1/2006 via PR Newswire

Covisint, Inc., acquired ProviderLink, Inc.

synopsis: Compuware Corporation announced that it has acquired privately held ProviderLink, of Cary, North Carolina. Substantially all of ProviderLink's approximately 30 employees will join Compuware.
buyer parent: Compuware Corporation
buyer: Covisint, Inc. (COVS:$70.24)
Covisint's highly available platform streamlines and automates business processes, globally connecting business communities, organizations and systems in the automotive, manufacturing, healthcare, public sector and financial services industries. "
target: ProviderLink, Inc.
ProviderLink is an I.T. communications company providing an innovative technology and methodology to successfully create online healthcare communities and information exchange initiatives.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/10/2007 via BusinessWire

Amerinet Inc., acquired DataBay Resources

synopsis: Amerinet Inc., a leading national group purchasing organization for the health care industry, has acquired DataBay Resources, a health care business intelligence organization that builds intuitive software tools, and Inquisit, an innovative, health care education resource. DataBay Resources provides Internet-based software tools.
buyer: Amerinet Inc.
Through Total Spend Management solutions, Amerinet strategically partners with health care providers to improve operating margins by creating efficiencies, reducing costs and identifying new revenue streams. "
target: DataBay Resources
DataBay Resources offers a full array of products and services to providers, insurers, consultants and suppliers. Customers use the business intelligence DataBay provides to create new revenue opportunities, manage costs and improve the quality of care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/25/2008 via BusinessWire

Eclipsys Corporation, acquired EPSi

synopsis: Eclipsys Corporation, The Outcomes Company®, announced the acquisition of Enterprise Performance Systems, Inc. (EPSi), a leading provider of business performance-improvement solutions for healthcare providers. EPSi’s management and employees are expected to continue with the business.
buyer: Eclipsys Corporation (ECLP:$0.00)
Eclipsys Corporation® is the recognized leader in providing knowledge-driven, process-improving SunriseXA software and related service solutions to major healthcare providers, including integrated delivery networks, medical centers and hospitals. "
target: EPSi
Enterprise Performance Systems, Inc. (EPSi) provides a comprehensive suite of web-based applications that automate flexible budgeting, productivity, cost accounting, financial modeling, contract management, product-line analysis, enterprise-wide reporting and executive dashboard presentation.
price ($mm)[EV]
$57 [$55]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/22/2020 via GlobeNewswire

Medical Transcription Billing, Corp., acquired CareCloud Corporation

synopsis: MTBC, Inc., a leading provider of cloud-based healthcare IT and revenue cycle management solutions, announced the closing of its acquisition of CareCloud, which provides its proprietary, award-winning, enterprise cloud platform and business solutions to more than 7,000 healthcare providers nationwide.
buyer: Medical Transcription Billing, Corp. (MTBC:$65.19)
MTBC is a healthcare information technology company that provides a fully integrated suite of proprietary cloud-based solutions, together with related business services, to healthcare providers and hospitals throughout the United States. "
target: CareCloud Corporation
Founded in 2009 as a practice management software company, CareCloud subsequently evolved to serve the full spectrum of practice workflows, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), and patient experience management (PXM).
price ($mm)
$37
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/10/2017 via PR Web

Azalea Health, acquired LeonardoMD, Inc

synopsis: Azalea Health, a leading provider of fully-integrated cloud-based healthcare solutions and services, announced the acquisition of LeonardoMD, a complete practice management (PM) and electronic health records (EHR) provider. LeonardoMD’s products are designed to automate every step of the revenue cycle and patient care.
buyer: Azalea Health
Azalea Health is a leading provider of interoperable cloud-based healthcare solutions and services. The Azalea platform provides electronic health records with integrated telehealth functionality as well as personal health records and mobile health applications. "
target: LeonardoMD, Inc
LeonardoMD is a leading provider of premier web-based medical practice management software and electronic medical records (EMR) to thousands of physicians, medical billing services, and medical providers. Their products are designed to automate every step of the revenue cycle and patient care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/13/2016 via BNC Analysis

Keizer Solutions Inc., acquired Colonial Valley Software, Inc.

synopsis: Keizer Solutions has announced that it has acquired Colonial Valley Software (CVS). Colonial Valley Software is a Michigan based software and medical billing company that started its journey in 1981 with the development of the first version of Practice Management application.
buyer: Keizer Solutions Inc.
Keizer Solutions Inc. is one of the Premier Health care Services provider of medical billing, medical coding, accounts receivable/denial management, credit balance resolution, referral/authorization management, credentialing and business intelligence. "
target: Colonial Valley Software, Inc.
Colonial Valley Software (CVS) is a Michigan based software and medical billing company that started its journey in 1981 with the development of the first version of Practice Management application.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/14/2013 via PR Newswire

iVantage Health Analytics, Inc., acquired PDS Cortex

synopsis: iVantage Health Analytics, Inc., a leading provider of health analytic solutions under the new healthcare, announced the acquisition of Professional Data Services ("PDS"), a solution offering managed care analytics and internal and external payment benchmarking to support payor negotiations and strategic planning through its product PDS Cortex.
buyer: iVantage Health Analytics, Inc.
iVantage Health Analytics' information products integrate market intelligence, quality and performance benchmarking with innovative delivery platforms to help hospitals pinpoint key tactical advantages. "
target parent: Integrated Solutions Group, Inc.
target: PDS Cortex
PDS provides a Software-as-a-Service (SaaS) based analytic tool developed for hospitals at the Hospital Association of Southern California (HASC). PDS Cortex™ is a practice management system that is designed to help clients maximize cash flow and minimize staff repetition and unnecessary paperwork. 
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/29/2013 via Market Wire

Medecision, acquired Cerecons

synopsis: Medecision, the leader in connected care solutions, announced that it has completed the acquisition of California-based Cerecons, a provider of SaaS care coordination, population management, and quality outcomes/reporting applications to Accountable Care Organizations (ACOs) and other risk-bearing organizations.
buyer parent: Health Care Service Corporation
buyer: Medecision
Medecision provides connected care technology and services for risk-bearing healthcare organizations including health plans, hospitals, thousands of physicians, and millions of consumers. Its Aerial solution helps connect all stakeholders to liberate the highest quality and most cost-efficient care."
target parent: Unlimited Innovations, Inc.
target: Cerecons
Cerecons is a private SaaS-based platform for care coordination and patient engagement that uses community-based electronic health records to deliver clinical decision support at the point-of-care and also gives patients access to their healthcare information.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/2/2011 via PR Newswire

Automatic Data Processing, Inc., acquired AdvancedMD Software, Inc.

synopsis: ADP, a leading provider of human resource, payroll and benefits administration services, has announced that it has acquired AdvancedMD, a highly respected, privately-held provider of practice management (PM) and electronic health records (EHR) solutions targeting small and mid-sized medical practices.
buyer: Automatic Data Processing, Inc. (ADP:$13,325.80)
Automatic Data Processing, Inc. ("ADP"), is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers the widest range of HR, payroll, tax and benefits administration solutions from a single source. "
target parent: Francisco Partners
target: AdvancedMD Software, Inc.
AdvancedMD provides market-leading medical billing software, which includes cloud-based electronic health records software (EHR) and practice management software (PM), delivered to more than 10,000 providers and 300 medical billing service providers nationwide.
price ($mm)
rev ($mm)
$35
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 2/11/2010 via Company Press Release

NextGen Healthcare Information Systems, Inc., will acquire Opus Healthcare Solutions, Inc.

synopsis: Quality Systems, Inc., a leading provider of healthcare information systems and connectivity solutions, announced that it has entered into an agreement to acquire Opus Healthcare Solutions, Inc., an established developer of software and services for the inpatient market.
buyer: NextGen Healthcare Information Systems, Inc. (:$531.77)
NextGen Healthcare Information Systems, Inc. develops computer-based practice management and electronic medical records systems, and provides related services to medical group practices and healthcare systems. "
target: Opus Healthcare Solutions, Inc.
Opus Healthcare Solutions, Inc., delivers sophisticated, easy-to-use, and highly adaptable Web-based applications to today’s cost-conscious and patient-focused hospital systems, physician group practices, and reference laboratories.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / 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)
EV / rev
EV / EBITDA
closed 3/6/2017 via BusinessWire

Thermo Fisher Scientific, Inc., acquired Core Informatics LLC

synopsis: Thermo Fisher Scientific Inc. announced that it has acquired Core Informatics, which provides a cloud-based platform supporting scientific data management. Core’s offerings will enhance Thermo Fisher’s existing informatics solutions and complement its cloud platform, which supports the company’s genetic analysis, qPCR and proteomics systems.
buyer: Thermo Fisher Scientific, Inc. (TMO:$24,630.00)
Thermo Fisher Scientific Inc. offers an unmatched combination of innovative technologies, purchasing convenience and comprehensive support. They help customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics and increase laboratory productivity. "
target: Core Informatics LLC
Core Informatics partners with customers in biopharma, genomics, and other industries to deliver lab informatics solutions to derive more value and insight from scientific data. Core Informatics provides the scalable Platform for Science that enables customers to build workflows for specific needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/19/2017 via Company Press Release

Malta Informatique SARL, acquired aXigate

synopsis: Malta Informatique, a subsidiary of Pharmagest Interactive, announced the acquisition of aXigate, a company specializing in Health Information Systems. aXigate's web-based solution allows for patient records management, care activity management, and resource planning.
buyer parent: Pharmagest Interactive S.A.
buyer: Malta Informatique SARL
Malta Informatique specializes in the design and publishing software for nursing homes. A major player in the computerization of nursing homes, the company MALTA COMPUTER brings together men and women who, each in their field, providing advice and assistance with a constant focus on quality. "
target: aXigate
Founded in 2002 and based in Paris, aXigate develops an information system designed for healthcare establishments and healthcare networks. Their web-based solution allows for patient records management, care activity management, and resource planning.
price ($mm)
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 12/25/2013 via BNC Analysis

VITEC Software Group, will acquire Acute FDS Ltd

synopsis: Vitec Software Group AB, a Swedish software company, signed an agreement to acquire FD Systems Oy, a Finnish third largest supplier of patient information software.
buyer: VITEC Software Group (OM:VIT B:$126.67)
Vitec Software Group AB is a software company that offers industry-specific business applications. Vitec provides software for real estate companies, realtors, energy companies, insurance brokers and yellow page publishers. "
target: Acute FDS Ltd
Acute healthcare information systems is a specialized software company whose roots go back to 1987. Their mission is to produce, deliver and maintain a user-friendly information systems for healthcare professionals.
price ($mm)
$16
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/13/2012 via PR Newswire

Epazz, Inc., acquired CMHCi

synopsis: Epazz, Inc., a leading provider of cloud based business software solutions, announced that it has acquired MS Health, a New Jersey based company. MS Health, mental health software, is a cloud based solution for Behavioral healthcare, mental health, and social services providers nationwide.
buyer: Epazz, Inc. (OTCPK:EPAZ:$1.35)
Epazz, Inc. is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. "
target: CMHCi
CMHCi is an enterprise wide solution that includes the tools to effectively provide, manage, bill, and track behavioral healthcare and social services. With CMHCi, organizations will realize the benefits of increased efficiency, accountability, and productivity.
price ($mm)
$0.50
rev ($mm)
$0
EBITDA ($mm)
EV / rev
1.1x
EV / EBITDA
closed 9/10/2018 via PR Newswire

Elsevier B.V., acquired Aries Systems Corp.

synopsis: Elsevier, the global information analytics business specializing in science and health, announced it has acquired Aries Systems, a leader in scientific publication workflow solutions headquartered outside Boston, MA. Aries' offerings are used for manuscript submission, peer review, production tracking and eCommerce.
buyer parent: RELX Group plc
buyer: Elsevier B.V.
Elsevier is a global information analytics business that helps institutions and professionals progress science, advance healthcare and improve performance for the benefit of humanity. Elsevier provides digital solutions in the areas of strategic research management, R&D performance, and more. "
target: Aries Systems Corp.
Aries Systems transforms the way scholarly publishers bring high-value content to the world. The company’s innovative and forward-looking workflow solutions manage the complexities of modern print and electronic publishing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/13/2011 via Market Wire

BioData Ltd., acquired LabLife Software Inc.

synopsis: BioData Ltd. announced that it has acquired all the assets of LabLife Software Inc., furthering its strategy to become the leading research and lab management software and service provider. LabLife offers scientists web-based tools to make lab work and lab processes more organized and efficient.
buyer parent: Verlagsgruppe Georg von Holtzbrinck GmbH
buyer: BioData Ltd.
Bio Data, Ltd. develops and markets laboratory management tools designed for researchers in the academic and industrial markets. It offers BioKM, an innovative online software-as-a-service (SaaS) tool for research management. "
target: LabLife Software Inc.
LabLife Software Inc. offers scientists web-based tools to make lab work and lab processes more organized and efficient. LabLife’s software tools enable scientists to coordinate lab purchasing, manage inventory, centralize files, analyze data and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/29/2010 via BusinessWire

Digital Science, acquired BioData Ltd.

synopsis: BioData Ltd. has announced that Digital Science has acquired an equity stake in BioData as part of their new strategy to focus on providing world-class software tools and services to researchers. BioData develops and markets state of the art laboratory management tools designed especially for researchers in the academic and industrial markets.
buyer parent: Verlagsgruppe Georg von Holtzbrinck
buyer: Digital Science
Digital Science provides software and information to support researchers and research administrators in their everyday work, with the ultimate aim of making science more productive through the use of technology. "
target: BioData Ltd.
BioData provides flexible, affordable laboratory management systems for scientists, principal investigators and lab managers. Its main service is an innovative web-based application that enables research groups to stay organized without resorting to expensive, rigid enterprise software systems.
price ($mm)
$7.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/8/2010 via BusinessWire

Halfpenny Technologies Inc., acquired Laboratory Management Services, LLC.

synopsis: Halfpenny Technologies, Inc., a leading health information exchange solutions provider, announced that it has acquired Laboratory Management Services, a leading provider of clinical data acquisition and reporting solutions for health plans and clinical laboratories.
buyer: Halfpenny Technologies Inc.
Halfpenny Technologies is a leading provider of healthcare connectivity and integration solutions for Health Information Exchange, Clinical Data Exchange and CPOE (computerized physician order entry). "
target: Laboratory Management Services, LLC.
Laboratory Management Services, LLC (LMS) is a healthcare integration services company that unites leading health plans and clinical laboratories. LMS fulfills the needs of health plans and insurers who seek an efficient, more flexible alternative to exclusive lab contracts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/28/2017 via PR Web

TruClinic, acquired Overl.ai, Inc.

synopsis: TruClinic Inc. announced that it has acquired privately held Overl.ai Inc., a healthcare automation intelligence company based in New York. Overl.ai provides an award-winning self-service patient intake solution that combines machine learning and automation to improve data capture and patient experience.
buyer: TruClinic
TruClinic provides web-based telemedicine solutions for providers and organizations in the healthcare industry. The company offers a secure, high definition video communication system, as well as a suite of practice management products that extend the reach of healthcare practices. "
target: Overl.ai, Inc.
Overl.ai provides an award-winning self-service patient intake solution that combines machine learning and automation to improve data capture. It can capture clinical and non-clinical information, process insurance eligibility, collect payments, schedule appointments, and collect surveys.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/1/2006 via PR Newswire

Covisint, Inc., acquired ProviderLink, Inc.

synopsis: Compuware Corporation announced that it has acquired privately held ProviderLink, of Cary, North Carolina. Substantially all of ProviderLink's approximately 30 employees will join Compuware.
buyer parent: Compuware Corporation
buyer: Covisint, Inc. (COVS:$70.24)
Covisint's highly available platform streamlines and automates business processes, globally connecting business communities, organizations and systems in the automotive, manufacturing, healthcare, public sector and financial services industries. "
target: ProviderLink, Inc.
ProviderLink is an I.T. communications company providing an innovative technology and methodology to successfully create online healthcare communities and information exchange initiatives.
price ($mm)
$12
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/10/2007 via BusinessWire

Amerinet Inc., acquired DataBay Resources

synopsis: Amerinet Inc., a leading national group purchasing organization for the health care industry, has acquired DataBay Resources, a health care business intelligence organization that builds intuitive software tools, and Inquisit, an innovative, health care education resource. DataBay Resources provides Internet-based software tools.
buyer: Amerinet Inc.
Through Total Spend Management solutions, Amerinet strategically partners with health care providers to improve operating margins by creating efficiencies, reducing costs and identifying new revenue streams. "
target: DataBay Resources
DataBay Resources offers a full array of products and services to providers, insurers, consultants and suppliers. Customers use the business intelligence DataBay provides to create new revenue opportunities, manage costs and improve the quality of care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/25/2008 via BusinessWire

Eclipsys Corporation, acquired EPSi

synopsis: Eclipsys Corporation, The Outcomes Company®, announced the acquisition of Enterprise Performance Systems, Inc. (EPSi), a leading provider of business performance-improvement solutions for healthcare providers. EPSi’s management and employees are expected to continue with the business.
buyer: Eclipsys Corporation (ECLP:$0.00)
Eclipsys Corporation® is the recognized leader in providing knowledge-driven, process-improving SunriseXA software and related service solutions to major healthcare providers, including integrated delivery networks, medical centers and hospitals. "
target: EPSi
Enterprise Performance Systems, Inc. (EPSi) provides a comprehensive suite of web-based applications that automate flexible budgeting, productivity, cost accounting, financial modeling, contract management, product-line analysis, enterprise-wide reporting and executive dashboard presentation.
price ($mm)[EV]
$57 [$55]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/22/2020 via GlobeNewswire

Medical Transcription Billing, Corp., acquired CareCloud Corporation

synopsis: MTBC, Inc., a leading provider of cloud-based healthcare IT and revenue cycle management solutions, announced the closing of its acquisition of CareCloud, which provides its proprietary, award-winning, enterprise cloud platform and business solutions to more than 7,000 healthcare providers nationwide.
buyer: Medical Transcription Billing, Corp. (MTBC:$65.19)
MTBC is a healthcare information technology company that provides a fully integrated suite of proprietary cloud-based solutions, together with related business services, to healthcare providers and hospitals throughout the United States. "
target: CareCloud Corporation
Founded in 2009 as a practice management software company, CareCloud subsequently evolved to serve the full spectrum of practice workflows, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), and patient experience management (PXM).
price ($mm)
$37
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/10/2017 via PR Web

Azalea Health, acquired LeonardoMD, Inc

synopsis: Azalea Health, a leading provider of fully-integrated cloud-based healthcare solutions and services, announced the acquisition of LeonardoMD, a complete practice management (PM) and electronic health records (EHR) provider. LeonardoMD’s products are designed to automate every step of the revenue cycle and patient care.
buyer: Azalea Health
Azalea Health is a leading provider of interoperable cloud-based healthcare solutions and services. The Azalea platform provides electronic health records with integrated telehealth functionality as well as personal health records and mobile health applications. "
target: LeonardoMD, Inc
LeonardoMD is a leading provider of premier web-based medical practice management software and electronic medical records (EMR) to thousands of physicians, medical billing services, and medical providers. Their products are designed to automate every step of the revenue cycle and patient care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/13/2016 via BNC Analysis

Keizer Solutions Inc., acquired Colonial Valley Software, Inc.

synopsis: Keizer Solutions has announced that it has acquired Colonial Valley Software (CVS). Colonial Valley Software is a Michigan based software and medical billing company that started its journey in 1981 with the development of the first version of Practice Management application.
buyer: Keizer Solutions Inc.
Keizer Solutions Inc. is one of the Premier Health care Services provider of medical billing, medical coding, accounts receivable/denial management, credit balance resolution, referral/authorization management, credentialing and business intelligence. "
target: Colonial Valley Software, Inc.
Colonial Valley Software (CVS) is a Michigan based software and medical billing company that started its journey in 1981 with the development of the first version of Practice Management application.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/14/2013 via PR Newswire

iVantage Health Analytics, Inc., acquired PDS Cortex

synopsis: iVantage Health Analytics, Inc., a leading provider of health analytic solutions under the new healthcare, announced the acquisition of Professional Data Services ("PDS"), a solution offering managed care analytics and internal and external payment benchmarking to support payor negotiations and strategic planning through its product PDS Cortex.
buyer: iVantage Health Analytics, Inc.
iVantage Health Analytics' information products integrate market intelligence, quality and performance benchmarking with innovative delivery platforms to help hospitals pinpoint key tactical advantages. "
target parent: Integrated Solutions Group, Inc.
target: PDS Cortex
PDS provides a Software-as-a-Service (SaaS) based analytic tool developed for hospitals at the Hospital Association of Southern California (HASC). PDS Cortex™ is a practice management system that is designed to help clients maximize cash flow and minimize staff repetition and unnecessary paperwork. 
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/29/2013 via Market Wire

Medecision, acquired Cerecons

synopsis: Medecision, the leader in connected care solutions, announced that it has completed the acquisition of California-based Cerecons, a provider of SaaS care coordination, population management, and quality outcomes/reporting applications to Accountable Care Organizations (ACOs) and other risk-bearing organizations.
buyer parent: Health Care Service Corporation
buyer: Medecision
Medecision provides connected care technology and services for risk-bearing healthcare organizations including health plans, hospitals, thousands of physicians, and millions of consumers. Its Aerial solution helps connect all stakeholders to liberate the highest quality and most cost-efficient care."
target parent: Unlimited Innovations, Inc.
target: Cerecons
Cerecons is a private SaaS-based platform for care coordination and patient engagement that uses community-based electronic health records to deliver clinical decision support at the point-of-care and also gives patients access to their healthcare information.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/2/2011 via PR Newswire

Automatic Data Processing, Inc., acquired AdvancedMD Software, Inc.

synopsis: ADP, a leading provider of human resource, payroll and benefits administration services, has announced that it has acquired AdvancedMD, a highly respected, privately-held provider of practice management (PM) and electronic health records (EHR) solutions targeting small and mid-sized medical practices.
buyer: Automatic Data Processing, Inc. (ADP:$13,325.80)
Automatic Data Processing, Inc. ("ADP"), is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers the widest range of HR, payroll, tax and benefits administration solutions from a single source. "
target parent: Francisco Partners
target: AdvancedMD Software, Inc.
AdvancedMD provides market-leading medical billing software, which includes cloud-based electronic health records software (EHR) and practice management software (PM), delivered to more than 10,000 providers and 300 medical billing service providers nationwide.
price ($mm)
rev ($mm)
$35
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 2/11/2010 via Company Press Release

NextGen Healthcare Information Systems, Inc., will acquire Opus Healthcare Solutions, Inc.

synopsis: Quality Systems, Inc., a leading provider of healthcare information systems and connectivity solutions, announced that it has entered into an agreement to acquire Opus Healthcare Solutions, Inc., an established developer of software and services for the inpatient market.
buyer: NextGen Healthcare Information Systems, Inc. (:$531.77)
NextGen Healthcare Information Systems, Inc. develops computer-based practice management and electronic medical records systems, and provides related services to medical group practices and healthcare systems. "
target: Opus Healthcare Solutions, Inc.
Opus Healthcare Solutions, Inc., delivers sophisticated, easy-to-use, and highly adaptable Web-based applications to today’s cost-conscious and patient-focused hospital systems, physician group practices, and reference laboratories.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / 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)
EV / rev
EV / EBITDA

By Core Informatics LLC


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Core Informatics LLC

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Core Informatics LLC

aXigate

Acute FDS Ltd

CMHCi

Aries Systems Corp.

LabLife Software Inc.

BioData Ltd.

Laboratory Management Services, LLC.

Overl.ai, Inc.

ProviderLink, Inc.

DataBay Resources

EPSi

CareCloud Corporation

LeonardoMD, Inc

Colonial Valley Software, Inc.

PDS Cortex

Cerecons

AdvancedMD Software, Inc.

Opus Healthcare Solutions, Inc.

eDocSynergy, LLC

read more

Core Informatics LLC

aXigate

Acute FDS Ltd

CMHCi

Aries Systems Corp.

LabLife Software Inc.

BioData Ltd.

Laboratory Management Services, LLC.

Overl.ai, Inc.

ProviderLink, Inc.

DataBay Resources

EPSi

CareCloud Corporation

LeonardoMD, Inc

Colonial Valley Software, Inc.

PDS Cortex

Cerecons

AdvancedMD Software, Inc.

Opus Healthcare Solutions, Inc.

eDocSynergy, LLC

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