Like Gateway EDI Inc.

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 7/22/2022 via PR Newswire

ImagineSoftware, acquired Exchange EDI

synopsis: Technology Partners, LLC (dba ImagineSoftware™), a leading provider of medical billing automation software and revenue cycle management applications, has acquired Exchange EDI, LLC, a leading patient engagement and workflow automation organization.
buyer parent: Mountaingate Capital
buyer: ImagineSoftware
ImagineSoftware is a provider of medical billing automation software and revenue cycle management applications. Offering powerful technology solutions for medical billing offices, practices, and hospitals for over 20 years, ImagineSoftware serves more than 75,000 physicians across 43 specialties. "
target: Exchange EDI
Exchange EDI provides cloud based solutions in the revenue cycle management space. Exchange EDl offers software that covers prior authorizations and patient estimation, and a patient portal that delivers a full suite of payment solutions to the patient’s computer, tablet or mobile device.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 6/19/2019 via GlobeNewswire

eSolutions, Inc., acquired Practice Insight, LLC

synopsis: eSolutions has acquired Practice Insight, a clearinghouse and RCM software vendor that provides fast, secure, and robust integrated electronic data interchange solutions. Practice Insight’s technology can edit and track claims in real-time, verify patient eligibility, provide patients with advance notice of procedure costs, and much more.
buyer: eSolutions, Inc.
eSolutions is a healthcare technology company working to strengthen providers’ revenue health so they can focus on their patients. eSolutions focuses on eligibility, claims, data & analytics, audits & denials, and quality & compliance to save providers time and money. "
target: Practice Insight, LLC
Practice Insight is a clearinghouse and RCM software vendor that provides fast, secure integrated electronic data interchange (EDI) solutions. Practice Insight’s software enables users to track every claim in real-time, analyze all EDI transactions, manage their customer support, and much more.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 7/14/2015 via GlobeNewswire

Medical Transcription Billing, Corp., purchased RCM Assets from SoftCare Solutions Inc.

synopsis: MTBC, a leading provider of proprietary, web-based electronic health records, practice management and mHealth solutions, announced the acquisition of three divisions ("RCM Assets") of SoftCare Solutions, Inc., the U.S. subsidiary of QHR Corporation. These assets include customers representing more than 2,000 healthcare providers throughout the U.S.
buyer: Medical Transcription Billing, Corp. (MTBC:$65.19)
MTBC (Medical Transcription Billing, Corp) is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers, revenue cycle management companies and software vendors. "
seller parent: QHR Technologies Inc.
seller: SoftCare Solutions Inc.
The Three Divisions of SoftCare Solutions include substantially all of the assets of QHR's U.S. based healthcare clearinghouse, electronic data interchange (EDI), and revenue cycle management divisions. These assets include customers representing more than 2,000 U.S. healthcare providers.
price ($mm)
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closed 1/7/2013 via PR Newswire

Passport Health Communications, Inc., acquired The Data Systems Group

synopsis: Passport Health Communications Inc., a leading provider of technology solutions and services that help hospitals and healthcare organizations streamline business operations and secure payment for their services, announced that it has acquired Data Systems Group, a California-based provider of direct revenue cycle software solutions.
buyer parent: Great Hill Partners LLC
buyer: Passport Health Communications, Inc.
Passport Health Communications Inc. creates solutions to enable hospitals and healthcare providers to improve business operations and achieve Payment Certainty for Every Patient™. The organization is among the nation's fastest-growing Software-as-a-Service companies. "
target: The Data Systems Group
Data Systems Group is a California-based provider of direct revenue cycle software solutions. Specializing in EDI transactions, DSG has been involved in the design, development and support of healthcare information systems since 1971.
price ($mm)
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closed 7/18/2012 via BusinessWire

Gateway EDI Inc., acquired ClaimLogic, Inc.

synopsis: Gateway EDI has acquired ClaimLogic, a medical claims and payment processing company that has served healthcare organizations such as Emory Healthcare and University of Virginia Physician’s Group. The acquisition broadens TriZetto’s combined healthcare provider and payer client base to include hospitals and additional large medical practices.
buyer parent: Apax Partners
buyer: Gateway EDI Inc.
Providers trust Gateway EDI’s advanced claims management tools and proactive team members to simplify the complex revenue management process. The company helps medical practices maximize revenue by securing accurate reimbursements, decreasing claims rejections and improving payment turnaround times."
target: ClaimLogic, Inc.
ClaimLogic is an industry leader in integrated revenue cycle management solutions and electronic transaction processing systems and tools for healthcare. ClaimLogic has served the needs of many of the largest healthcare organizations in the U.S., including both hospitals and physicians.
price ($mm)
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announced 12/12/2011 via BusinessWire

NextGen Healthcare Information Systems, Inc., will acquire ViaTrack Systems

synopsis: Quality Systems, Inc. (QSI) has entered into an agreement to acquire ViaTrack Systems, a developer and provider of information technologies that enhance electronic data interchange (EDI) offerings. The acquisition of ViaTrack allows QSI's subsidiary NextGen Healthcare to accomplish its goal of expanding support for the inpatient EDI market.
buyer parent: Quality Systems, Inc.
buyer: NextGen Healthcare Information Systems, Inc. (:$603.57)
NextGen Healthcare Information Systems, Inc. provides integrated electronic health record and practice management systems, connectivity solutions and billing services for hospitals and ambulatory practices of all sizes and specialties. "
target: ViaTrack Systems
ViaTrack Systems is a developer and provider of information technologies that enhance electronic data interchange (EDI) offerings. ViaTrack's comprehensive solutions simplify and improve the administrative side of patient care.
price ($mm)
$6.78
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/17/2012 via PR Newswire

Recondo Technology, acquired eHC Solutions

synopsis: Recondo Technology announced that Recondo® has acquired eHC (Electronic Health Claims) Solutions, a premier developer of advanced, Intelligent Electronic Data Interchange (EDI) solutions. This acquisition makes their product line more valuable by adding a critical element to the revenue cycle services offered.
buyer: Recondo Technology
Recondo connects providers, payers, and patients using breakthrough cloud computing solutions throughout the healthcare revenue cycle. Recondo software services are designed to ensure Proper Payments across the continuum of US healthcare. "
target: eHC Solutions
eHC Solutions provides the latest in affordable internet-based revenue cycle management and communications services. These highly secure and compliant services assist the provider to improve cash flow, enhance productivity and increase efficiency in dealing with payers.
price ($mm)
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closed 3/19/2015 via PR Web

Revspring, acquired Revenue Advantage, Inc.

synopsis: RevSpring Inc., a leading provider of revenue cycle technology services including data analytics, multi-channel communications and payment solutions, has completed its acquisition of Revenue Advantage, a provider of interactive voice messaging, interactive text messaging, electronic communication and payment services.
buyer parent: CIP Capital
buyer: Revspring
RevSpring's core service offerings include data hygiene and analytics, secure document creation and delivery, multi-channel communications, electronic billing and archival services and online payment tools, all while ensuring compliance with regulatory guidelines. "
target: Revenue Advantage, Inc.
Revenue Advantage, Inc. is dedicated to providing the healthcare industry with the most effective, efficient and reliable interactive patient messaging tools available. They focus on the areas of revenue cycle management, clinical and regulatory compliance, and survey and outcome measurement.
price ($mm)
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closed 3/11/2020 via Company Press Release

Dun & Bradstreet, acquired coAction.com

synopsis: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, has acquired coAction.com LLC, a provider of revenue cycle management software. coAction.com offers a cloud-based collaboration platform that enables revenue management for the entire customer/patient interaction cycle.
buyer parent: Cannae Holdings
buyer: Dun & Bradstreet (DNB:$2,046.60)
Dun & Bradstreet (D&B) data and insights help improve business performance. Delivered through the D&B Data Cloud and market-leading solutions, their data and insights help accelerate revenue, manage risk, lower cost and transform businesses. Global businesses of all sizes rely on D&B. "
target: coAction.com
coAction.com is a provider of revenue cycle management solutions. coAction.com offers a cloud-based collaboration platform that enables revenue management for the entire customer/patient interaction cycle. Their solutions are used by mid to large sized organizations across multiple industries.
price ($mm)
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closed 6/21/2010 via PR Newswire

Health-e-Web, Inc., acquired Electronic Translation and Transmittals

synopsis: Health-e-Web, Inc. (HeW), a leading health care revenue cycle management solutions provider, announced a significant expansion of the company's capacity to serve insurers, health care providers and employers with its recent acquisition of Electronic Translation and Transmittals.
buyer: Health-e-Web, Inc.
Health-e-Web, Inc. (HeW) is committed to reducing healthcare costs by delivering numerous electronic data interchange solutions to various sectors of the healthcare industry. "
target: Electronic Translation and Transmittals
Electronic Translation and Transmittals (ET&T) was founded in 1991 to develop an electronic data interchange service bureau, with the purpose of eliminating paper generated medical claims and securing more timely payments for health care providers.
price ($mm)
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announced 6/13/2012 via BNC Analysis

QHR Technologies Inc., will acquire Open EC Technologies, Inc.

synopsis: QHR Technologies Inc. announced it plans to acquire U.S.-based Open EC Technologies Inc. in a stock and cash deal that values the target company at more than $2.4 million plus debt. Open EC Technologies provides software solutions and transaction processing services for doctors, hospitals, health plans, insurance brokers and state governments.
buyer: QHR Technologies Inc. (QHR:$23.60)
QHR Technologies Inc. (QHR) specializes in software designed to improve the efficiency of professionals in healthcare and other markets. The company currently offers an integrated Human Resource Information System (HRIS) and an Electronic Medical Records (EMR) solution. "
target: Open EC Technologies, Inc. (CA:OCE:$1.25)
Open EC provides software solutions and transaction processing services to assist Physicians, Hospitals, Health Plans, Insurance Brokers and State Governments to exchange Information. SoftCare provides solutions for HealthCare EDI and Document Collaboration.
price ($mm)[EV]
$2.68 [$3.45]
rev ($mm)
$3
EBITDA ($mm)
EV / rev
1.6x
EV / EBITDA
closed 8/18/2022 via PR Newswire

Upfront Healthcare Services, acquired PatientBond, LLC

synopsis: Patient engagement and access platform Upfront has acquired PatientBond, the leader in consumer science for healthcare. PatientBond revolutionizes patient engagement using a proprietary psychographic segmentation model and machine learning to personalize digital communications.
buyer: Upfront Healthcare Services
Upfront is a mission-driven healthcare company, delivering tangible outcomes to leading healthcare systems and provider groups. Its patient communication and engagement platform makes each patient feel seen, guiding their care experience through personalized digital outreach. "
target: PatientBond, LLC
PatientBond's mission is to leverage Healthcare Consumer Insights and Innovative Technology Solutions to help its clients build a tighter bond with their patients and members to improve health outcomes, increase revenue and reduce costs.
price ($mm)
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EBITDA ($mm)
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EV / EBITDA
closed 12/9/2019 via BusinessWire

NextGen Healthcare, Inc., acquired Medfusion, Inc.

synopsis: NextGen Healthcare, Inc., a leading provider of ambulatory-focused technology solutions, has acquired Medfusion, Inc., a patient experience platform leader. Medfusion Patient Experience Platform enables key aspects of patient-provider interactions and includes a modern portal with an attractive, easy-to-use interface designed to run on any device.
buyer: NextGen Healthcare, Inc. (:$603.57)
NextGen Healthcare is a leading provider of ambulatory-focused technology solutions. The company's integrated solutions help increase clinical productivity, enrich the patient experience, and ensure healthy financial outcomes. "
target: Medfusion, Inc.
Medfusion is a patient experience platform leader. Medfusion Patient Experience Platform includes a modern portal with an attractive, easy-to-use interface designed to run on any device, as well as powerful capabilities for patient intake, patient scheduling, and patient payment capabilities.
price ($mm)
$43
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/21/2013 via BNC Analysis

Stephen Malik, acquired Intuit Health

synopsis: Stephen Malik, the entrepreneur who sold his medical software company Medfusion to Intuit in 2010, has reacquired the business. Intuit Health’s software enables patients to make appointments, pay their bills, request prescription refills, complete medical forms, review lab results and perform other tasks over the Internet.
buyer: Stephen Malik
Stephen Malik was the founder & CEO of Medfusion from 1996 until 2010. After the Acquistion of Medfusion by Intuit, Inc. he joined Intuit Health as a Senior Vice President and General Manger. Malik was general manager of Intuit Health until January 2013. "
target parent: Intuit, Inc.
target: Intuit Health
Intuit Health was formed by the combination of Medfusion and Intuit’s Quicken Health Group. Intuit Health’s patient-to-provider solutions extend the value of an electronic health record ("EHR") giving patients timely electronic access to their information.
price ($mm)
rev ($mm)
$16
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 5/21/2010 via BusinessWire

Intuit, Inc., acquired Medfusion, Inc.

synopsis: Intuit Inc. has completed its acquisition of privately held Medfusion, a Cary, N.C. based leader in patient-to-provider communications. The cash transaction, is valued at approximately $91 million.
buyer: Intuit, Inc. (INTU:$10,317.00)
Intuit is a leading provider of business and financial management solutions for small and mid-sized businesses, consumers and accounting professionals. Its flagship products and services, simplify small business management and payroll processing, personal finance, and tax preparation and filing. "
target: Medfusion, Inc.
Medfusion provides patient-to-provider communication solutions that enable healthcare providers to offer superior service to their patients while improving office efficiency and generating revenue.
price ($mm)
$79
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/17/2010 via Crain's BtoB

The Casnet Group, Inc., purchased Software Division from NCD Corporation

synopsis: Casnet Group, a provider of document management software and services in Akron, has acquired the software division of NCD Corp. The acquisition will give Casnet access to NCD's Electronic Worldwide Information Exchange software, which allows customers to access their documents via the Internet.
buyer: The Casnet Group, Inc.
The Casnet Group, Inc. is a document solution provider, offering software, hardware, services and support for enterprise content management. "
seller: NCD Corporation
NCD Corp. provides turnkey diagnostic imaging systems and services in conjunction with document imaging services. Their range of products and solutions is very broad, providing most modalities including X-Ray, CT, MRI, and nuclear medicine.
price ($mm)
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closed 10/23/2019 via BusinessWire

NextGen Healthcare, Inc., acquired Topaz Information Solutions

synopsis: NextGen Healthcare, Inc., a leading provider of ambulatory-focused technology solutions, has acquired Topaz Information Solutions, a healthcare solutions company. Topaz offers solutions for electronic health record, enterprise practice management, mobile patient engagement, and more.
buyer: NextGen Healthcare, Inc. (:$603.57)
NextGen Healthcare helps ambulatory care organizations transition to value-based care by empowering them to nurture measurably healthier patient communities at lower cost. Their solutions help ease the burdens of HIT & enable practices to improve individual outcomes & nurture a healthier population."
target: Topaz Information Solutions
Topaz Information Solutions is a healthcare solutions company dedicated to meeting the needs of behavioral health and social services organizations. Topaz Information Solutions offers solutions for electronic health record, enterprise practice management, mobile patient engagement, and more.
price ($mm)
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EBITDA ($mm)
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closed 7/17/2019 via BNC Analysis

Philips Electronics NV, acquired Medumo, Inc

synopsis: Philips, a global leader in health technology, has acquired Medumo, a patient navigation platform that helps hospitals, surgical centers, and care teams automatically guide patients throughout their care journey. Medumo ensures that patients appropriately schedule, show up on time, and continue to follow instructions when they go home.
buyer: Philips Electronics NV (ENXTAM:PHIA:$22,796.71)
Based in the Netherlands, Philips is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. "
target: Medumo, Inc
Medumo is a patient navigation platform that helps hospitals, surgical centers, and care teams automatically guide patients throughout their care journey. Medumo ensures that patients appropriately schedule, show up on time, and continue to follow instructions when they go home.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 1/2/2018 via GlobeNewswire

West Corporation, acquired PhoneTree

synopsis: West Corporation, a leading global provider of technology-driven communication services, announced it has acquired the assets of PhoneTree, a provider of automated appointment reminder services and patient communication software to physician practices, enterprise healthcare organizations and other niche vertical markets.
buyer: West Corporation (WSTC:$2,285.72)
West Corporation is a global provider of communication and network infrastructure services. West helps its clients more effectively communicate, collaborate and connect with their audiences through a diverse portfolio of solutions that include unified communications services and safety services. "
target: PhoneTree
PhoneTree is a provider of automated appointment reminder services and patient communication software to physician practices, enterprise healthcare organizations and other niche vertical markets. PhoneTree was founded in 1989 and has grown to serve thousands of customers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/18/2012 via BusinessWire

Gateway EDI Inc., acquired ClaimLogic, Inc.

synopsis: Gateway EDI has acquired ClaimLogic, a medical claims and payment processing company that has served healthcare organizations such as Emory Healthcare and University of Virginia Physician’s Group. The acquisition broadens TriZetto’s combined healthcare provider and payer client base to include hospitals and additional large medical practices.
buyer parent: Apax Partners
buyer: Gateway EDI Inc.
Providers trust Gateway EDI’s advanced claims management tools and proactive team members to simplify the complex revenue management process. The company helps medical practices maximize revenue by securing accurate reimbursements, decreasing claims rejections and improving payment turnaround times."
target: ClaimLogic, Inc.
ClaimLogic is an industry leader in integrated revenue cycle management solutions and electronic transaction processing systems and tools for healthcare. ClaimLogic has served the needs of many of the largest healthcare organizations in the U.S., including both hospitals and physicians.
price ($mm)
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EBITDA ($mm)
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closed 5/15/2012 via BusinessWire

Gateway EDI Inc., acquired National Healthcare Exchange Services

synopsis: The TriZetto Group, Inc. announced that its wholly owned subsidiary, Gateway EDI, has acquired NHXS, a software company that helps medical practices manage physician reimbursement and minimize the administrative cost of recovering lost revenues. NHXS’s capabilities will be integrated into Gateway EDI’s solutions.
buyer parent: Apax Partners
buyer: Gateway EDI Inc.
Providers trust Gateway EDI’s advanced claims management tools and proactive team members to simplify the complex revenue management process. The company helps medical practices maximize revenue by securing accurate reimbursements, decreasing claims rejections and improving payment turnaround times."
target: National Healthcare Exchange Services
NHXS is a leading provider of contract compliance and point-of-service adjudication workflow automation. NHXS has made it practical to check every line on every claim for payment accuracy and to calculate patient responsibility at the point of service.
price ($mm)
$6.51
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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 ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/20/2014 via PR Newswire

Cognizant Technology Solutions, acquired TriZetto

synopsis: Cognizant announced that it acquired TriZetto Corporation. TriZetto Corporation provides world-class information technology and service solutions that help payers and providers work more efficiently and collaborate to deliver better health.
buyer: Cognizant Technology Solutions (CTSH:$17,914.00)
Cognizant is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. "
target parent: Apax Partners
target: TriZetto
TriZetto Corporation provides world-class information technology and service solutions that help payers and providers work more efficiently and collaborate to deliver better health. Working with more than 350 health plans, TriZetto solutions reach nearly 245,000 care providers.
price ($mm)
$2,700
rev ($mm)
$711
EBITDA ($mm)
EV / rev
3.8x
EV / EBITDA
closed 1/2/2013 via BusinessWire

TriZetto, acquired Healthcare Productivity Automation

synopsis: TriZetto Corporation acquired Healthcare Productivity Automation (HPA). HPA solutions employ a highly advanced, cloud-based claims workflow tool, Health Mason®. The Health Mason solution automates certain manual processes in claims administration, which can greatly improve the efficiency and quality of the provider reimbursement process.
buyer parent: Apax Partners
buyer: TriZetto
TriZetto provides world-class information technology and service solutions that help payers and providers work more efficiently and collaborate to deliver better health. TriZetto solutions touch over half the U.S. insured population and reach more than 200,000 care providers. "
target: Healthcare Productivity Automation
Healthcare Productivity Automation solutions employ a highly advanced, cloud-based claims workflow tool, Health Mason®. The Health Mason solution automates certain manual processes in claims administration, which can greatly improve the efficiency and quality of the provider reimbursement process.
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)
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EV / 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.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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 ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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)
EBITDA ($mm)
EV / rev
EV / 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)[EV]
$948 [$1,185]
rev ($mm)
$445
EBITDA ($mm)
$70
EV / rev
2.8x
EV / EBITDA
17.9x
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)
EV / rev
EV / 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
EV / rev
2.6x
EV / EBITDA
15.2x
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 ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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)
EV / rev
EV / EBITDA
closed 4/17/2002 via BusinessWire

TriZetto Group, Inc., acquired ChannelPoint, Inc.

synopsis: The TriZetto Group, Inc. has signed an agreement to acquire certain personnel, intellectual property and assets from the healthcare division of ChannelPoint, Inc. for an undisclosed amount.
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: ChannelPoint, Inc.
ChannelPoint's software and services help ensure the insurers. The company's software boosts the insurance policy distribution process, mainly for health, life, and annuity carriers. ChannelPoint's applications also help create electronic markets that link buyers and sellers of insurance products.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/25/2022 via BNC Analysis

TPG Capital, will purchase ClaimsXten from Change Healthcare Corporation

synopsis: TPG, a leading global alternative asset firm, will acquire ClaimsXten from Change Healthcare, a leading independent healthcare technology company. ClaimsXten is a rules-based claims payment software solution for healthcare payers who want help to improve payment accuracy and reduce appeals.
buyer: TPG Capital
TPG is a leading global alternative asset firm founded in 1992 with more than $109 billion of assets under management. TPG's investment platforms are across a wide range of asset classes, including private equity, growth equity, impact investing, real estate, secondaries, and public equity. "
seller parent: UnitedHealth Group
seller: Change Healthcare Corporation (CHNG:$196.79)
ClaimsXten is a rules-based claims payment software solution for healthcare payers who want help to improve payment accuracy and reduce appeals. ClaimsXten is a product of Change Healthcare, a leading independent healthcare technology company.
price ($mm)
$2,200
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/8/2019 via BusinessWire

Kemberton Healthcare, acquired Advanced Patient Advocacy, LLC

synopsis: Kemberton, a leader in specialized revenue cycle management (SRCM) services, announced the acquisition of Advanced Patient Advocacy (APA), a Columbia, Maryland-based SRCM provider for hospitals and health systems throughout the U.S.
buyer: Kemberton Healthcare
Kemberton is a leading provider of tech-enabled revenue cycle management services to hospitals for complex claims. They specialize in the management and collection of workers’ compensation, veteran administration and the resolution of insurance denials for hospitals and physician practice groups. "
target: Advanced Patient Advocacy, LLC
Advanced Patient Advocacy, LLC is a privately owned company that provides a comprehensive suite of enrollment services to healthcare organizations to assist patients in navigating and connecting to payer solutions which include Medicaid, Workers Compensation, Motor Vehicle, Disability and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/20/2014 via PR Newswire

Cognizant Technology Solutions, acquired TriZetto

synopsis: Cognizant announced that it acquired TriZetto Corporation. TriZetto Corporation provides world-class information technology and service solutions that help payers and providers work more efficiently and collaborate to deliver better health.
buyer: Cognizant Technology Solutions (CTSH:$17,914.00)
Cognizant is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. "
target parent: Apax Partners
target: TriZetto
TriZetto Corporation provides world-class information technology and service solutions that help payers and providers work more efficiently and collaborate to deliver better health. Working with more than 350 health plans, TriZetto solutions reach nearly 245,000 care providers.
price ($mm)
$2,700
rev ($mm)
$711
EBITDA ($mm)
EV / rev
3.8x
EV / EBITDA
closed 10/31/2013 via PR Web

MedSeek, Inc., purchased Technology from SymphonyCare

synopsis: MEDSEEK, the leading provider of a comprehensive software platform to help hospitals and health systems influence patient behavior, announced the acquisition of Madison, WI-based SymphonyCare, provider of a proven population health and care management solution.
buyer parent: Essex Woodlands Health Ventures
buyer: MedSeek, Inc.
MEDSEEK builds software that helps hospitals and health systems virtually influence prospects and patients before and after the clinical encounter. Their platform enables organizations to meet patients where they are and engage them in new and better ways. "
seller parent: Symphony Corporation
seller: SymphonyCare
SymphonyCare is an integrated population health and care management platform that enables the sharing of risk between payers and providers. They use open, flexible technology to help any healthcare organization manage risk and coordinate care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/15/2012 via BusinessWire

Lightyear Capital LLC, purchased FIS Healthcare Benefit Solutions Business from Fidelity National Information Services Inc.

synopsis: Lightyear Capital LLC announced that an affiliate of Lightyear Fund III, L.P. completed its acquisition of the Healthcare Benefit Solutions business from FIS™. The business provides benefits administration SaaS, multi-purse debit cards and transaction processing solutions for consumer directed healthcare accounts.
buyer: Lightyear Capital LLC
Lightyear Capital is a leading private equity firm making primarily control investments in North America based, middle-market financial services companies. Lightyear has managed approximately $3 billion of committed capital with investments across the financial services spectrum. "
seller parent: Fidelity National Financial, Inc.
seller: Fidelity National Information Services Inc. (FIS:$9,241.00)
FIS Healthcare Benefit Solutions Business provides benefits administration SaaS, multi-purse debit cards and transaction processing solutions for consumer directed healthcare accounts.
price ($mm)
$335
rev ($mm)
$120
EBITDA ($mm)
$34
EV / rev
2.8x
EV / EBITDA
9.9x
announced 7/2/2010 via BusinessWire

HMS, will acquire Allied Management Group

synopsis: HMS announced it has signed a definitive agreement to acquire privately-held Allied Management Group (AMG-SIU), a leading provider of fraud, waste, and abuse prevention and detection solutions for healthcare payors, in an all-cash transaction.
buyer: HMS (HMSY:$642.75)
HMS is the nation’s leader in coordination of benefits and program integrity services for payors of healthcare services. "
target: Allied Management Group
Established in 1972, AMG-SIU provides audit and consulting services to both government and commercial healthcare payors. The company has developed a proprietary forensic claim editing system to analyze claim data for patterns of fraud, waste, and abuse.
price ($mm)
$13
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/9/2009 via Company Press Release

Providence Equity Partners Inc., acquired ikaSystems Corporation

synopsis: ikaSystems Corporation and Providence Equity Partners LLC, announced that Providence has invested in ikaSystems. ikaSystems, a provider of enterprise-level Web-based technologies for the healthcare payer market, will use the proceeds to fund future growth.
buyer: Providence Equity Partners Inc.
Providence Equity Partners Inc. is a private investment firm specializing in equity investments in communications and media companies around the world. The principals of Providence Equity manage funds with approximately $21 billion in equity commitments. "
target: ikaSystems Corporation
ikaSystems is healthcare payers’ premier provider of enterprise-level Web-based technologies for commercial, Medicare and Medicaid lines of business. ikaEnterprise, the company’s flagship product, automates all key processes in the payer business cycle.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / 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)[EV]
$948 [$1,185]
rev ($mm)
$445
EBITDA ($mm)
$70
EV / rev
2.8x
EV / EBITDA
17.9x
closed 9/21/2022 via BusinessWire

Zelis Healthcare, acquired Payer Compass, LLC

synopsis: Zelis, a leading healthcare payments and pricing company, has acquired Payer Compass, one of the healthcare industry’s leading providers of reimbursement and claims pricing, administration, and processing solutions. The acquisition accelerates Zelis' mission of making care more affordable and transparent for all.
buyer parent: Parthenon Capital Partners
buyer: Zelis Healthcare
As a leading payments company in healthcare, Zelis prices, pays, and explains healthcare for payers, providers, and healthcare consumers. Zelis was founded on the belief that there is a better way to determine the cost of a healthcare claim, manage payment-related data, and make the payment. "
target parent: Spectrum Equity
target: Payer Compass, LLC
Payer Compass is dedicated to restoring rationality to the cost of care. Its multi-faceted, SaaS platform, Visium, yields 99.9% pricing accuracy on more than $200 Billion in repriced claims and is the cornerstone of its comprehensive suite of solutions that address the need for cost control.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/8/2020 via BNC Analysis

IngenioRx, acquired Zipdrug, Inc.

synopsis: Anthem’s pharmacy benefit manager, IngenioRx, has acquired Zipdrug, a healthcare company that facilitates in-home drug delivery and helps health plans track medication adherence. The acquisition gives IngenioRx access to Zipdrug’s services and the ability to sell them to health plans as part of its offering or as a standalone pharmacy service.
buyer parent: Anthem, Inc.
buyer: IngenioRx
IngenioRx provides pharmacy benefit management services to payers, including affiliates of Anthem, Inc. The company offers a whole health approach that helps drive better outcomes and lowers member, employer, and plan costs. "
target: Zipdrug, Inc.
ZipDrug is a data-driven healthcare company bringing better outcomes to patients and payers and increased revenue and reputation to partner pharmacies. ZipDrug simplifies the pharmacy experience by connecting patients to pharmacies and delivering lower cost prescriptions directly to their door.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/13/2019 via BusinessWire

Advantasure, purchased Gateway Asset from Government Works

synopsis: Advantasure, a company that simplifies healthcare operations, has acquired Government Works' proprietary Gateway asset. Government Works' Gateway asset helps simplify the enrollment eligibility process for clients to then build their Medicare membership.
buyer parent: Blue Cross and Blue Shield Association
buyer: Advantasure
Advantasure partners with healthcare clients to simplify their operations and accelerate their business success. Advantasure provides solutions in cost management, quality member experiences, and regulatory compliance. "
seller: Government Works
Government Works is an established provider of healthcare management solutions, IT services, and acquisition support to federal, state, and local governments. Government Works' Gateway asset helps simplify the enrollment eligibility process for clients to then build their Medicare membership.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/4/2019 via PR Newswire

Health Enterprise Partners, L.P., Spectrum Equity, acquired Payer Compass, LLC

synopsis: Spectrum Equity, a growth equity firm focused on the information economy, has led a majority recapitalization of Payer Compass. Payer Compass is a leading provider of healthcare reimbursement technology and price transparency solutions. Health Enterprise Partners (HEP) is a healthcare-focused investment firm also participated in the investment.
buyer: Spectrum Equity
buyer: Health Enterprise Partners, L.P.
Spectrum Equity is a growth equity firm focused on the information economy, and Health Enterprise Partners (HEP) is a healthcare-focused investment firm. "
target: Payer Compass, LLC
Payer Compass is an innovative healthcare technology company providing the most trusted healthcare reimbursement technology and price transparency solutions utilizing both proprietary technology and unsurpassed customer service.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/15/2016 via BNC Analysis

Origami Risk, acquired Claimwire

synopsis: Origami Risk has acquired Kaysville, Utah-based Claimwire, a provider of automated workers’ compensation forms, compliance resources and regulatory information to the insurance industry.
buyer: Origami Risk
The Origami Risk risk management, claims management and policy management platform was designed by industry veterans committed to helping clients streamline the collection, analysis and reporting of risk, insurance and claims information. "
target: Claimwire
Claimwire provides consulting and software services for the workers’ compensation, risk and insurance industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/7/2014 via Company Press Release

Xerox Corporation, will acquire ISG Services, LLC

synopsis: Xerox announced a definitive agreement to acquire ISG Holdings, Inc. for $225 million. ISG's StrataCare provides comprehensive web-based medical bill review software, workflow and outsourcing solutions. Their Bunch CareSolutions provides medical management solutions with real-time integration between medical bill review and nurse case management.
buyer: Xerox Corporation (XRX:$6,996.00)
Xerox Corporation is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. "
target: ISG Services, LLC
Operating as the nation’s leading healthcare technology company, ISG Services, offers a suite of software and services that enable highly targeted data-driven interventions to achieve meaningful impact on outcomes and financial performance.
price ($mm)
$225
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/8/2010 via Market Wire

TIBCO Software Inc., acquired Foresight Corporation

synopsis: TIBCO Software Inc. announced that it has acquired privately-held Foresight Corporation, a leading provider of transaction automation solutions and EDI productivity tools. Foresight has over 400 customers including healthcare payers representing 60 million lives and BlueCross BlueShield organizations in 31 states.
buyer: TIBCO Software Inc. (TIBX:$1,076.23)
TIBCO Software Inc. provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. TIBCO gives leading organizations around the world better awareness and agility–what TIBCO calls The Power of Now®. "
target: Foresight Corporation
Foresight Corporation helps customers build standards-compliant networks, address mandates like HIPAA 5010, connect partners, validate transactions and secure operational efficiencies.
price ($mm)
$30
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/11/2012 via Company Press Release

HealthEdge, acquired Click4Care Inc.

synopsis: HealthEdge®, provider of the only modern, enterprise-class software platform for healthcare payors, announced that it has acquired Click4Care, a software company that provides industry-leading care management and utilization management solutions for healthcare payors.
buyer parent: Psilos Group
buyer: HealthEdge
HealthEdge® provides the only modern, enterprise-class software platform for healthcare payors. Using the patented HealthRules® software suite, health plans, health insurance companies, and other payors can respond to new business opportunities and market changes in hours. "
target: Click4Care Inc.
Click4Care is a software company that provides industry-leading care management and utilization management solutions for healthcare payors. Click4Care is an award-winning software company providing workflow, content and communication to and amongst everyone in the care equation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/16/2022 via BNC Analysis

Comprehensive Healthcare Systems Inc., will acquire ClaimReturn Inc.

synopsis: Comprehensive Healthcare Systems Inc., an industry leader in healthcare benefits administration software and data analytics, will acquire Claimreturn Inc., a San Diego, California-based premier artificial intelligence (AI) provider in the healthcare analytics and financial recovery space.
buyer: Comprehensive Healthcare Systems Inc. (TSXV:CHS:$0.00)
Comprehensive Healthcare Systems Inc. is a vertically integrated software as a services (SaaS) company focused on digitizing healthcare with Telehealth and Healthcare Benefits Administration solutions, providing reliable and high-volume transaction capable systems. "
target: ClaimReturn Inc.
ClaimReturn is a premier AI provider in the healthcare analytics and financial recovery space. ClaimReturn uses advanced AI technology to drive down the cost of healthcare by rapidly analyzing an organization's benefit plan and medical claims data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/23/2017 via BusinessWire

One Call Care Management, acquired High Line Health

synopsis: One Call Care Management, a leading provider of workers’ compensation care management services, announced it has completed the acquisition of High Line Health, a progressive value-based analytics and data visualization platform.
buyer: One Call Care Management
One Call is the nation’s leading provider of specialized solutions to the workers’ compensation industry. One Call’s solutions enable faster, more efficient and more cost-effective claims resolution with a focus on injured workers’ needs across the continuum of care. "
target: High Line Health
High Line Health provides health insurers, Accountable Care Organizations and large employer groups with web-based applications that facilitate the measurement and tracking of healthcare quality and efficiency.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/18/2021 via PR Newswire

Unite Us, acquired Carrot Health, Inc.

synopsis: Unite Us has acquired Carrot Health, the nation's premier action-oriented health analytics company focused on removing barriers to health and optimizing care. The combination of both companies will further deepen community-based partnerships and accelerate health improvements nationwide.
buyer: Unite Us
Unite Us is a technology company that builds coordinated care networks of health and social service providers. Unite Us enables health and social care providers to send and receive secure electronic referrals, track every person's total health journey, and report on tangible outcomes. "
target: Carrot Health, Inc.
Carrot Health is a leading provider of healthcare solutions powered by consumer and claims data. The company's HIPAA compliant software platform incorporates social, behavioral, environmental, and economic barriers to health data to deliver a 360-degree view of the consumer.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/6/2022 via PR Web

HealthTrio, acquired Online Insight, Inc.

synopsis: HealthTrio has acquired Online Insight, a leader in eligibility, enrollment, commissions, and billing solutions serving health insurance carriers and third-party administrators. The acquisition enhances the company’s presence in the healthcare market and further expands its robust product offering.
buyer parent: 2ndWave Software
buyer: HealthTrio
HealthTrio provides digital engagement solutions that optimize self-service, value-based care, healthcare consumerism and real-time data integration. Their tools cover eligibility, benefits, and claim, as well as advanced features supporting provider quality performance and automated authorizations."
target: Online Insight, Inc.
Online Insight offers a true private exchange platform for health insurance carriers with the ability to deploy modules as point solutions. Their platform serves the individual, group, Medicare, and dental markets and can be deployed for insurance carriers, exchanges, and state marketplaces.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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