Like Tasman Global

closed 10/7/2020 via PR Newswire

Nordic Consulting Partners, acquired Tasman Global

synopsis: Nordic, a top-rated healthcare consulting firm, has acquired Tasman Global, an international consultancy committed to helping hospitals navigate their EHR journeys. Tasman provides implementation support, optimization, and application managed services, as well as strategic advisory consulting and project management.
buyer: Nordic Consulting Partners
Nordic Consulting Partners is a healthcare consultant agency with roots in health IT. They partner with provider organizations to improve the health of their patients and business through solutions that drive the highest performance from their people and technology. "
target: Tasman Global
Tasman Global is an international consultancy committed to helping hospitals navigate their EHR journeys. Tasman provides implementation support, optimization, and application managed services, as well as strategic advisory consulting and project management.
price ($mm)
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closed 8/28/2018 via BusinessWire

Harris Healthcare, acquired Iatric Systems Inc.

synopsis: Iatric, a healthcare technology company dedicated to helping healthcare organizations enhance their IT investments, announced that it has been acquired by Harris Computer Systems through its Healthcare group. Harris Healthcare focuses on bringing together the best healthcare software and making it available and interoperable under one umbrella.
buyer parent: Constellation Software, Inc.
buyer: Harris Healthcare
Harris Healthcare focuses on bringing together the best healthcare software and making it available and interoperable under one umbrella. Harris Healthcare provides flexible solutions that improve the safety, quality, and efficiency of patient care. "
target: Iatric Systems Inc.
Iatric Systems is a healthcare technology company dedicated to helping hospitals enhance their IT investments. They do so with their diverse healthcare experience, an extensive partner network, and their proven capabilities in privacy and security, EHR optimization, and interoperability.
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closed 1/31/2018 via Company Press Release

The HCI Group, acquired Infinity HIT, LLC

synopsis: The HCI Group, a top ranked global healthcare IT consulting firm, announced its acquisition of Infinity HIT, a MEDITECH READY Partner. Infinity HIT provides consulting, implementation, optimization, staffing and support services to hospitals and health systems utilizing MEDITECH’s platforms.
buyer parent: Tech Mahindra Limited
buyer: The HCI Group
The HCI Group is a global leader in healthcare IT consulting committed to helping organizations reduce IT operating costs and drive digital transformation initiatives. Their services include advisory services, infrastructure management, application development and IT system implementation. "
target: Infinity HIT, LLC
Infinity HIT, a MEDITECH READY Certified Firm, provides consulting, implementation, optimization, staffing and support services to hospitals and health systems utilizing MEDITECH’s platforms. They enable improved clinical care and operational effectiveness.
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closed 5/31/2016 via BusinessWire

DrFirst, Inc., acquired The IN Group, Inc.

synopsis: DrFirst, a pioneer in e-medication management software and services, announced it has acquired The IN Group, a consulting services firm that helps hospitals using MEDITECH healthcare information systems optimize clinical and technical workflows in order to enhance patient safety, increase provider efficiency, and meet regulatory requirements.
buyer: DrFirst, Inc.
DrFirst pioneers software solutions and services designed to optimize healthcare provider access to patient information, improve the doctor’s clinical view of the patient at the time of care, and enable more efficient administration and collaboration across a patient’s circle of caregivers. "
target: The IN Group, Inc.
The IN Group is a California-based consulting services firm that helps hospitals using MEDITECH healthcare information systems. It helps their clients optimize clinical and technical workflows in order to enhance patient safety, increase provider efficiency, and meet regulatory requirements.
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closed 7/1/2014 via PR Newswire

Jackson Healthcare Solutions, LLC, acquired Sullivan Healthcare Consulting, Inc.

synopsis: National staffing company, Jackson Healthcare, announced the purchase of Michigan-based Sullivan Healthcare Consulting (SHC), a firm focused on improving the performance of the hospital's perioperative suite. SHC specializes in perioperative governance, surgery benchmarking, scheduling, staffing, sterile processing, and surgery IT implementation.
buyer: Jackson Healthcare Solutions, LLC
Jackson Healthcare is one of the largest healthcare staffing companies in the U.S., serving more than five million patients in over 1,300 healthcare facilities. The company also provides hospitals with logistical solutions for patient throughput and systemic operational efficiency. "
target: Sullivan Healthcare Consulting, Inc.
Sullivan Healthcare Consulting is a surgery consulting and implementation firm that has been working with hospital operating rooms for over 40 years. The firm provides a wide range of consulting solutions to surgery programs ranging from facility planning to surgery operational improvement.
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closed 1/4/2006 via BusinessWire

General Electric Company, acquired IDX Systems Corporation

synopsis: GE Healthcare, a unit of General Electric Company, announced the completion of the acquisition of IDX Systems Corporation, a leading healthcare information technology (IT) provider.
buyer: General Electric Company
GE Healthcare expertise is in medical imaging and information technologies, medical diagnostics, patient monitoring and life support systems, disease research, drug discovery, and biopharmaceutical manufacturing technologies. "
target: IDX Systems Corporation
IDX Systems Corporation provides information technology solutions to maximize value in the delivery of healthcare, improve the quality of patient service, enhance medical outcomes, and reduce the costs of care.
price ($mm)
$1,148
rev ($mm)
$577
EBITDA ($mm)
$73
EV / rev
2.0x
EV / EBITDA
15.7x
closed 1/2/2019 via GlobeNewswire

DAS Health, acquired Altex Business Solutions

synopsis: DAS Health, an industry leader in health IT and management, announced it completed the acquisition of Altex Business Solutions, one of the leading providers of Electronic Medical Records software, Practice Management software, Dell hardware and Cisco networking solutions for every category of Physician practices.
buyer: DAS Health
DAS Health is a leading provider of Health IT and management solutions and a trusted consultant to independent physician groups, hospitals and healthcare systems across North America. Headquartered in Tampa, FL, DAS delivers superior health IT, medical billing and practice management solutions. "
target: Altex Business Solutions
Altex Business Solutions is one of the leading providers of Electronic Medical Records software, Practice Management software, Dell hardware and Cisco networking solutions for every category of Physician practices.
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closed 10/1/2018 via GlobeNewswire

DAS Health, acquired M E Computer Systems

synopsis: DAS Health, an industry leader in health IT and management, announced it completed the acquisition of M E Computer Systems, LLC, a company that offers a variety of valuable software and IT solutions for a business or practice. With over 30 years of experience they provide clients with intelligent solutions backed by award winning support.
buyer: DAS Health
DAS Health is a leading provider of Health IT and management solutions and a trusted consultant to independent physician groups, hospitals and healthcare systems across North America. Headquartered in Tampa, FL, DAS delivers superior health IT, medical billing and practice management solutions. "
target: M E Computer Systems
M E Computer Systems, LLC offers a variety of valuable software and IT solutions for a business or practice. With over 30 years of experience they provide clients with intelligent solutions backed by award winning support.
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closed 11/30/2015 via PR Web

Healthjump, Inc., acquired Datatrade Solutions, Inc.

synopsis: Healthjump, Inc. announced that it has acquired substantially all of the assets of DataTrade Solutions Inc., a Healthcare IT consulting, development and support company. As a Healthcare IT consulting and development firm, DataTrade started out by assisting medical practices with implementing EHR systems and workflows.
buyer: Healthjump, Inc.
Healthjump is a medical record exchange and communication platform designed to provide medical entities with the tools to keep up with the changing face of healthcare. Doctors utilize Healthjump to securely communicate with patients, staff and colleagues through streamlined clinical dialogues. "
target: Datatrade Solutions, Inc.
As a Healthcare IT consulting and development firm, DataTrade started out by assisting medical practices with implementing EHR systems and workflows.
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closed 6/23/2014 via GlobeNewswire

The Aldridge Company, acquired Clyde Bennett & Associates

synopsis: Aldridge, a leading provider of information technology outsourcing with elite first-response support announced the completion of its acquisition of Clyde Bennett & Associates, a leading reseller of electronic medical records (EMR) solutions that also provides IT services for medical practices throughout the United States.
buyer parent: Rafte & Company
buyer: The Aldridge Company
Aldridge is a technology management, consulting, and outsourcing company that specializes in providing best-fit IT and cloud computing solutions to SMBs that are growing. Founded in 1984, Aldridge has offices in Houston and Dallas. "
target: Clyde Bennett & Associates
Clyde Bennett & Associates is a leading reseller of electronic medical records (EMR) solutions that also provides IT services for medical practices throughout the United States.
price ($mm)
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closed 3/5/2014 via BNC Analysis

MedStatix, acquired Blue Ocean Solutions & Support

synopsis: MedStatix has acquired Blue Ocean Solutions & Support. Blue Ocean is an IT and practice management consulting firm that provides infrastructure, Electronic Medical Records (EHR/EMR), website development and updated knowledge of government programs for clients in family practice, infectious disease, OB/GYN, ophthalmology, otolaryngology and urology.
buyer: MedStatix
MedStatix is a specialty-specific patient experience solution for physicians that is affordable and simple-to-use. Their surveys and mobile tools are created in cooperation with leading physician experts and leverage sophisticated engagement technology to build personal relationships with patients. "
target: Blue Ocean Solutions & Support
Blue Ocean is an IT and practice management consulting firm that provides infrastructure, Electronic Medical Records (EHR/EMR), website development and updated knowledge of government programs for clients in family practice, infectious disease, OB/GYN, ophthalmology, otolaryngology and urology.
price ($mm)
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closed 2/19/2013 via PR Newswire

iMedicor Inc, acquired Hits Consulting Group

synopsis: iMedicor acquired Hits Consulting Group LLC (HITS CG), a New York City-based firm providing Meaningful Use and Electronic Health Records (EHR) IT consulting services to leading healthcare facilities. HITS CG will strengthen iMedicor's IT expertise and broaden the revenue base of its Meaningful Use consulting division.
buyer: iMedicor Inc (VMCI:$0.44)
iMedicor is a provider of comprehensive healthcare communications solutions that enable physicians and other healthcare professionals to optimize the use of technology in managing their practices and participating in the federally-mandated transition from paper to Electronic Health Records (EHRs). "
target: Hits Consulting Group
Hits Consulting Group (HITS CG) specializes in the cost-effective transformation of medical practices from paper charts to electronic health record (EHR) systems. By working with HITS CG, medical practices will avoid time-consuming missteps, stay on schedule, and save money.
price ($mm)
$0.42
rev ($mm)
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closed 4/25/2012 via BusinessWire

NextGen Healthcare Information Systems, Inc., acquired Matrix Management Solutions

synopsis: Quality Systems, Inc. announced the acquisition of Matrix Management Solutions to support the growth of its NextGen™ Practice Solutions offering. Matrix provides training, design, implementation and support for revenue cycle management, using NextGen Healthcare’s suite of practice management software and electronic health record solutions.
buyer parent: Quality Systems, Inc.
buyer: NextGen Healthcare Information Systems, Inc. (:$531.77)
NextGen Healthcare Information Systems, Inc. provides integrated electronic health record and practice management systems, connectivity solutions and billing services for hospitals and ambulatory practices of all sizes and specialties. "
target: Matrix Management Solutions
Founded in 1998, by physicians, for physicians, Matrix provides training, design, implementation and support for revenue cycle management, using NextGen Healthcare’s suite of practice management software and electronic health record solutions.
price ($mm)
$12
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announced 4/3/2012 via BusinessWire

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

synopsis: Asterino & Associates, Inc., a leading provider of physician billing and practice management services, announced that it has finalized a plan of merger with Phoenix-based medical billing and EMR company Doctor Solutions, Inc. The combined company will be called Asterino & Associates, Inc. and will be based in Scottsdale, Arizona.
buyer: Asterino & Associates, Inc.
Since 1987, Asterino and Associates, Inc. has been providing medical billing and medical practice management services to both hospital-based and community-based physician groups. "
target: Doctor Solutions, Inc.
Doctor Solutions' expertise in the insurance and practice management fields provides a wide range of business and financial services for medical practices, including: billing and collections; accounts receivable management; claims processing and management; coding and coding oversight; and more.
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closed 3/1/2017 via Market Wire

Quatris Health, acquired HealthSystems

synopsis: Quatris Health, a provider of specialized healthcare software and database solutions, announced that it has acquired Atlanta based HealthSystems, a company that provides software and services that help physicians streamline office processes, manage EMR and practice better medicine.
buyer: Quatris Health
Quatris Health, headquartered in Bedford, Texas, provides software and database solutions for medical practices, as well as the training and support needed to maximize the benefit of a physician practice's technology investment. "
target: HealthSystems
HealthSystems provides software and services that help physicians streamline office processes, manage EMR and practice better medicine.
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closed 8/29/2013 via Company Press Release

Parallon Business Solutions, acquired Vision Consulting, LLC

synopsis: Parallon, a leading provider of healthcare business and operational services, announced that it has acquired Vision Consulting, LLC, a Nashiville-based Healthcare Information Technology service provider. The company provides consulting services throughout the United States, focusing primarily on hospitals.
buyer: Parallon Business Solutions
Parallon Business Solutions, LLC, headquartered in Franklin, Tenn., is committed to transforming the business of healthcare. It provides revenue cycle and business process expertise, workforce management solutions, supply chain services, complete information technology services. "
target: Vision Consulting, LLC
Vision Consulting, LLC is a Nashville based company that was formed in November 2009 for the purpose of providing Healthcare Information Technology (HIT) services to the provider market. The company provides consulting services throughout the United States, focusing primarily on hospitals.
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closed 10/29/2020 via BusinessWire

Frazier Healthcare Partners, acquired Accuity Delivery Systems

synopsis: Frazier Healthcare Partners, a Seattle-based healthcare investment firm, acquired Accuity Delivery Systems, a leading provider of technology-enabled Revenue Integrity and Clinical Documentation Improvement (CDI) services for hospitals and health systems.
buyer: Frazier Healthcare Partners
Frazier Healthcare Partners is a leading middle market private equity firm focused exclusively on healthcare. With more than $4.8 billion total capital raised, Frazier has invested in more than 200 companies. "
target: Accuity Delivery Systems
Accuity is a leading provider of technology-enabled Revenue Integrity and Clinical Documentation Improvement (CDI) services for hospitals and health systems.
price ($mm)
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announced 5/31/2019 via Company Press Release

WELL Health Technologies Corp., will acquire KAI Innovations Inc.

synopsis: WELL Health Technologies Corp., a Vancouver-based company operating in healthcare, has agreed to acquire KAI Innovations. KAI, based in Ontario, has the third largest electronic medical record (EMR) user base in the province and is the largest provider of Open Source Clinical Application Resource EMR services to healthcare clinics in Canada.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$40.92)
Canada-based WELL Health Technologies Corp. operates Primary Healthcare Facilities and an electronic medial record business that supports the digitization of clinics. WELL's objective is to empower doctors to provide the best advanced care possible leveraging the latest trends in digital health. "
target: KAI Innovations Inc.
Canada-based KAI Innovations has the third largest electronic medical record (EMR) user base in Ontario and is the largest provider of Open Source Clinical Application Resource (OSCAR) EMR services in Canada. KAI founded the OSCAR clinic at McMaster University Department of Family Medicine.
price ($mm)
$7.99
rev ($mm)
$3
EBITDA ($mm)
EV / rev
5.1x
EV / EBITDA
closed 10/1/2018 via GlobeNewswire

DAS Health, purchased Aprima EHR Book of Business from CriticalKey, LLC

synopsis: DAS Health, an industry leader in health IT and management, has acquired the Aprima® EHR book of business from CriticalKey, LLC, a consulting, software and management services company. Aprima offers a fully integrated, single application, single database EHR/practice management solution, as well as complete Revenue Cycle Management services.
buyer: DAS Health
DAS Health is a leading provider of Health IT and management solutions and a trusted consultant to independent physician groups, hospitals and healthcare systems across North America. Headquartered in Tampa, FL, DAS delivers superior health IT, medical billing and practice management solutions. "
seller: CriticalKey, LLC
The acquisition includes the Aprima® EHR book of business from CriticalKey, LLC, a consulting, software and management services company. Aprima offers a fully integrated, single application, single database EHR/practice management solution, as well as complete Revenue Cycle Management services.
price ($mm)
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closed 10/4/2017 via Company Press Release

Atos SE, acquired The Breakaway Group

synopsis: Atos, a global leader in digital transformation, announced that it has closed the acquisition of Conduent’s Breakaway Group, a healthcare IT consulting company. The Breakaway Group helps healthcare professionals learn and adopt new EHR technologies.
buyer: Atos SE (ENXTPA:ATO:$13,050.40)
Atos SE is a leader in digital transformation with circa 100,000 employees in 72 countries. Serving a global client base, the Group is the European leader in Big Data, Cybersecurity and provides Cloud services, Infrastructure & Data Management, Business & platform solutions. "
target parent: Conduent Business Services
target: The Breakaway Group
The Breakaway Group is changing how healthcare professionals learn and adopt new EHR technologies. By helping end users adopt new software applications quickly and easily, providers have more time for patient care and healthcare executives see improved financial outcomes.
price ($mm)
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closed 10/7/2020 via PR Newswire

Nordic Consulting Partners, acquired Tasman Global

synopsis: Nordic, a top-rated healthcare consulting firm, has acquired Tasman Global, an international consultancy committed to helping hospitals navigate their EHR journeys. Tasman provides implementation support, optimization, and application managed services, as well as strategic advisory consulting and project management.
buyer: Nordic Consulting Partners
Nordic Consulting Partners is a healthcare consultant agency with roots in health IT. They partner with provider organizations to improve the health of their patients and business through solutions that drive the highest performance from their people and technology. "
target: Tasman Global
Tasman Global is an international consultancy committed to helping hospitals navigate their EHR journeys. Tasman provides implementation support, optimization, and application managed services, as well as strategic advisory consulting and project management.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 2/3/2021 via PR Newswire

Nordic Consulting Partners, acquired Bails

synopsis: Nordic, a top-rated healthcare consulting firm, has acquired Bails & Associates, an industry-leading ERP consulting firm that specializes in Infor solutions. Bails provides Cloudsuite application and technical consulting across all industries. They offer solutions for human capital management, finance, supply chain, and healthcare communications.
buyer: Nordic Consulting Partners
Nordic Consulting Partners is a healthcare consultant agency with roots in health IT. They partner with provider organizations to improve the health of their patients and business through solutions that drive the highest performance from their people and technology. "
target: Bails
Bails & Associates is an industry-leading ERP consulting firm that specializes in Infor solutions. Bails provides Cloudsuite application and technical consulting across all industries. They offer solutions for human capital management, finance, supply chain, and healthcare communications.
price ($mm)
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closed 10/7/2020 via PR Newswire

Nordic Consulting Partners, acquired Tasman Global

synopsis: Nordic, a top-rated healthcare consulting firm, has acquired Tasman Global, an international consultancy committed to helping hospitals navigate their EHR journeys. Tasman provides implementation support, optimization, and application managed services, as well as strategic advisory consulting and project management.
buyer: Nordic Consulting Partners
Nordic Consulting Partners is a healthcare consultant agency with roots in health IT. They partner with provider organizations to improve the health of their patients and business through solutions that drive the highest performance from their people and technology. "
target: Tasman Global
Tasman Global is an international consultancy committed to helping hospitals navigate their EHR journeys. Tasman provides implementation support, optimization, and application managed services, as well as strategic advisory consulting and project management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 1/31/2019 via Company Press Release

Nordic Consulting Partners, acquired Healthtech Consultants

synopsis: Nordic Consulting Partners, a healthcare consultant agency with roots in health IT, has acquired Healthtech Consultants, Canada’s leading strategic health information consulting firm. Healthtech's strategies, proven methodologies and innovative solutions transform health system management, and care delivery through the use of technology.
buyer: Nordic Consulting Partners
Nordic Consulting Partners is a healthcare consultant agency with roots in health IT. They partner with provider organizations to improve the health of their patients and business through solutions that drive the highest performance from their people and technology. "
target: Healthtech Consultants
Healthtech Consultants is the leading Canadian provider of information management services exclusively to the healthcare sector. Their cutting edge strategies, proven methodologies and innovative solutions transform health system management, and care delivery through the use of technology.
price ($mm)
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closed 10/7/2020 via PR Newswire

Nordic Consulting Partners, acquired Tasman Global

synopsis: Nordic, a top-rated healthcare consulting firm, has acquired Tasman Global, an international consultancy committed to helping hospitals navigate their EHR journeys. Tasman provides implementation support, optimization, and application managed services, as well as strategic advisory consulting and project management.
buyer: Nordic Consulting Partners
Nordic Consulting Partners is a healthcare consultant agency with roots in health IT. They partner with provider organizations to improve the health of their patients and business through solutions that drive the highest performance from their people and technology. "
target: Tasman Global
Tasman Global is an international consultancy committed to helping hospitals navigate their EHR journeys. Tasman provides implementation support, optimization, and application managed services, as well as strategic advisory consulting and project management.
price ($mm)
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closed 12/1/2020 via GlobeNewswire

DAS Health, acquired RandallTech

synopsis: DAS Health Ventures, Inc., an industry leader in health IT and management, announced it completed the acquisition of Randall Technology Services, LLC (RandallTech) a healthcare and managed IT company based in Amarillo, TX.
buyer: DAS Health
DAS Health is a leading provider of Health IT and management solutions and a trusted consultant to independent physician groups, hospitals, and healthcare systems. DAS delivers superior health IT, Revenue Cycle Management medical billing, value-based care, and practice management solutions. "
target: RandallTech
Randall Technology Services, LLC (RandallTech) is a healthcare and managed IT company based in Amarillo, TX. They monitor, maintain and support clinics across the U.S. in their use of Allscripts Professional EHR & Practice Management.
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closed 6/3/2020 via BusinessWire

MMY Consulting merged with Global Commerce & Information, Inc.,

synopsis: MMY Consulting, Inc., a full service consulting company, has merged with Global Commerce & Information, Inc., a provider of leading health IT, cybersecurity, and cloud strategies and solutions. MMY delivers high-value technology focused solutions that increase organization productivity, clinical integration, and improve operational efficiencies.
buyer: Global Commerce & Information, Inc.
Global CI provides leading health IT, cybersecurity, and cloud strategies and solutions to Government agencies. It has expertise in Interoperability, AI, Machine Learning, DevOps, DevSecOps, Quality Management, Elite Enterprise Architecture, and analysis of large volumes of medical data. "
target: MMY Consulting
MMY Consulting is a full service consulting company. The company helps clients meet their business objectives by delivering high-value, technology-focused projects, increasing organization productivity, and improving operational efficiencies.
price ($mm)
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closed 1/22/2020 via PR Newswire

Beringer Technology Group, acquired DeckerWright Corporation

synopsis: Beringer Technology Group, a leader in the managed service provider industry and Microsoft Gold Partner, has acquired DeckerWright Corporation, a full-service MSP offering IT solutions for small and mid-sized businesses. The acquisition extends Beringer's geographic footprint and adds experienced DeckerWright staff to the Beringer team.
buyer: Beringer Technology Group
Beringer Technology Group is a leader in the managed service provider industry and is a Microsoft Gold Partner. The company specializes in Managed IT Services, Backup and Disaster Recovery, Cloud Based Computing, Unified Communication Solutions, Microsoft Dynamics 365 & Microsoft Office 365. "
target: DeckerWright Corporation
DeckerWright Corporation is a full-service MSP, offering IT solutions for small and mid-sized businesses to meet their strategic business information needs. The company specializes in cloud computing consulting, Electronic Health Records assessment and implementation, and cybercrime protection.
price ($mm)
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closed 5/14/2018 via BusinessWire

Cumberland Consulting Group, LLC, acquired Linkehr

synopsis: Cumberland Consulting Group, a leading healthcare consulting and services firm, has acquired Madison, Wis.-based LinkEHR, an EHR-focused managed services firm that provides remote application support, including Epic Help Desk services, application break-fix and maintenance support for the full suite of Epic applications.
buyer parent: Tailwind Capital Partners
buyer: Cumberland Consulting Group, LLC
Cumberland is a leading healthcare consulting and services firm providing strategic advisory, professional and managed services to clients in the payer, provider and life sciences markets. Founded in 2004, Cumberland is committed to delivering solutions that help healthcare organizations thrive. "
target: Linkehr
LinkEHR is an EHR-focused managed services firm specializing in Tier 1, 2 and 3 application support for health systems. LinkEHR provides remote application support, including Epic Help Desk services, application break-fix and maintenance support for the full suite of Epic applications.
price ($mm)
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closed 5/12/2021 via BNC Analysis

Medicus Solutions, Inc, acquired HITCare

synopsis: Healthcare-centric managed service provider Medicus IT (MIT) has completed the acquisition of Health Information Technology Care (HITCare). Headquartered in Petaluma, California, HITCare provides professional managed IT services, clinical EMR (Electronic Medical Record) support and consulting services.
buyer: Medicus Solutions, Inc
Medicus IT (MIT) is one of the largest managed services providers in the nation. With a vertical focus in healthcare informatics, MIT is an award-winning company with total commitment to doing the right thing at every step. "
target: HITCare
Headquartered in Petaluma, California and founded in 2008, HITCare provides professional managed IT services, clinical EMR (Electronic Medical Record) support and consulting services to non-profit human services organizations and community health centers.
price ($mm)
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closed 12/10/2019 via BusinessWire

KORE Wireless Group, acquired Integron

synopsis: KORE, the independent global IoT leader, has acquired Integron, an industry-leading IoT solutions and managed services provider with a focus on the connected health market. The combined entity will leverage best-in-class connectivity, managed services, and asset/device management tools to bring simplicity and speed to IoT solution deployments.
buyer: KORE Wireless Group
KORE is a pioneer, leader, and trusted advisor delivering transformative business performance. The company's deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact its customers’ business outcomes. "
target: Integron
Integron is an IoT Managed Services company serving the connected health, telehealth, life sciences, and remote patient monitoring sectors of the healthcare industry. Integron manages enterprise IoT solutions by offering a comprehensive set of services, technology, and strong vendor relationships.
price ($mm)
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closed 10/29/2020 via BusinessWire

Frazier Healthcare Partners, acquired Accuity Delivery Systems

synopsis: Frazier Healthcare Partners, a Seattle-based healthcare investment firm, acquired Accuity Delivery Systems, a leading provider of technology-enabled Revenue Integrity and Clinical Documentation Improvement (CDI) services for hospitals and health systems.
buyer: Frazier Healthcare Partners
Frazier Healthcare Partners is a leading middle market private equity firm focused exclusively on healthcare. With more than $4.8 billion total capital raised, Frazier has invested in more than 200 companies. "
target: Accuity Delivery Systems
Accuity is a leading provider of technology-enabled Revenue Integrity and Clinical Documentation Improvement (CDI) services for hospitals and health systems.
price ($mm)
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closed 4/3/2020 via PR Web

DataFile Technologies merged with Scanstat Technologies,

synopsis: ScanSTAT Technologies and DataFile Technologies, leading providers of Health Information Management solutions, announce the merger of the two companies. DataFile provides turn-key solutions to streamline medical records, health information management and clinical workflows.
buyer: Scanstat Technologies
ScanSTAT is a medical records release and disclosure management company based in Georgia. It has been primarily focused on providing Release of Information (ROI) solutions through its innovative and technology-driven platform since being founded by Glenn Andrews in 2006. "
target: DataFile Technologies
DataFile provides turn-key solutions to streamline, standardize and centralize medical records, health information management and clinical workflows for healthcare organizations of all types and sizes.
price ($mm)
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announced 5/31/2019 via Company Press Release

WELL Health Technologies Corp., will acquire KAI Innovations Inc.

synopsis: WELL Health Technologies Corp., a Vancouver-based company operating in healthcare, has agreed to acquire KAI Innovations. KAI, based in Ontario, has the third largest electronic medical record (EMR) user base in the province and is the largest provider of Open Source Clinical Application Resource EMR services to healthcare clinics in Canada.
buyer: WELL Health Technologies Corp. (TSXV:WELL:$40.92)
Canada-based WELL Health Technologies Corp. operates Primary Healthcare Facilities and an electronic medial record business that supports the digitization of clinics. WELL's objective is to empower doctors to provide the best advanced care possible leveraging the latest trends in digital health. "
target: KAI Innovations Inc.
Canada-based KAI Innovations has the third largest electronic medical record (EMR) user base in Ontario and is the largest provider of Open Source Clinical Application Resource (OSCAR) EMR services in Canada. KAI founded the OSCAR clinic at McMaster University Department of Family Medicine.
price ($mm)
$7.99
rev ($mm)
$3
EBITDA ($mm)
EV / rev
5.1x
EV / EBITDA
closed 10/1/2018 via GlobeNewswire

DAS Health, purchased Aprima EHR Book of Business from CriticalKey, LLC

synopsis: DAS Health, an industry leader in health IT and management, has acquired the Aprima® EHR book of business from CriticalKey, LLC, a consulting, software and management services company. Aprima offers a fully integrated, single application, single database EHR/practice management solution, as well as complete Revenue Cycle Management services.
buyer: DAS Health
DAS Health is a leading provider of Health IT and management solutions and a trusted consultant to independent physician groups, hospitals and healthcare systems across North America. Headquartered in Tampa, FL, DAS delivers superior health IT, medical billing and practice management solutions. "
seller: CriticalKey, LLC
The acquisition includes the Aprima® EHR book of business from CriticalKey, LLC, a consulting, software and management services company. Aprima offers a fully integrated, single application, single database EHR/practice management solution, as well as complete Revenue Cycle Management services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2017 via Company Press Release

Atos SE, acquired The Breakaway Group

synopsis: Atos, a global leader in digital transformation, announced that it has closed the acquisition of Conduent’s Breakaway Group, a healthcare IT consulting company. The Breakaway Group helps healthcare professionals learn and adopt new EHR technologies.
buyer: Atos SE (ENXTPA:ATO:$13,050.40)
Atos SE is a leader in digital transformation with circa 100,000 employees in 72 countries. Serving a global client base, the Group is the European leader in Big Data, Cybersecurity and provides Cloud services, Infrastructure & Data Management, Business & platform solutions. "
target parent: Conduent Business Services
target: The Breakaway Group
The Breakaway Group is changing how healthcare professionals learn and adopt new EHR technologies. By helping end users adopt new software applications quickly and easily, providers have more time for patient care and healthcare executives see improved financial outcomes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/17/2017 via BusinessWire

eMids Technologies, acquired Encore Health Resources

synopsis: emids, a rapidly growing global provider of IT services and solutions for the healthcare and life sciences industries, announced the acquisition of Encore Health Resources, a leading healthcare information analytics company focused on value-based care and electronic health records for providers.
buyer: eMids Technologies
emids is a premier provider of healthcare IT services and solutions. emids enables healthcare entities to achieve accessible, affordable and high-quality care by providing custom application and data solutions. "
target parent: QuintilesIMS
target: Encore Health Resources
Encore Health Resources is a leading healthcare information analytics company focused on value-based care and electronic health records for providers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/6/2017 via BNC Analysis

Tech Mahindra Limited, will acquire The HCI Group

synopsis: Tech Mahindra has signed an agreement to acquire US-based healthcare IT consulting company CJS Solutions Group LLC, which conducts business as The HCI Group. The HCI Group works with tier-I healthcare service providers, primarily in the US and the UK, focusing on providing end-to-end implementation of Electronic Health Record (EHR) software.
buyer parent: Mahindra Group
buyer: Tech Mahindra Limited (NSEI:TECHM:$5,129.52)
Tech Mahindra represents the connected world, offering Consulting, Digital Transformation, Integrated Engineering, Business Services and Solutions, enabling Enterprises, Associates and the Society to Rise™. They have 112,800+ professionals across 90 countries, helping over 825 global customers. "
target: The HCI Group
Headquartered in Jacksonville, Florida, The HCI Group works with tier-I healthcare service providers, primarily in the US and the UK, focusing on providing end-to-end implementation of Electronic Health Record (EHR) and Electronic Medical Record (EMR) software, training and support services.
price ($mm)
$90*
rev ($mm)
$114
EBITDA ($mm)
EV / rev
0.9x
EV / EBITDA
closed 1/30/2017 via BNC Analysis

Concept Plus, LLC, acquired Thao Inc.

synopsis: Concept Plus, LLC, a professional services firm specializing in the comprehensive design, implementation, and maintenance of IT initiatives for the Federal Government has acquired health IT management firm Thao, Inc. (THAOINC). THAOINC provides health IT services and program management support exclusively to federal healthcare customers.
buyer: Concept Plus, LLC
Concept Plus, LLC is a professional services firm specializing in the comprehensive design, implementation, and maintenance of IT initiatives for the Federal Government. Concept Plus provides solutions in the areas of Oracle, Cloud Computing and Mobile technologies. "
target: Thao Inc.
THAOINC offers federal-specific expertise in EHR interoperability, identity management, and care delivery in organizations like the Department of Defense (DoD) and the Department of Veterans Affairs (DVA).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/4/2016 via GlobeNewswire

Avaap, acquired Falcon Consulting Group

synopsis: Avaap announced it has acquired Falcon Consulting, LLC, a KLAS-leading Epic Systems implementation and optimization firm. Falcon offers consulting and evaluation related to Electronic Health Record systems, including revenue cycle optimization and clinical transformation, with offerings that netted a top-rated score in a 2016 KLAS research report.
buyer: Avaap
Avaap is one of the largest providers of IT services and technology solutions for organizations that rely on Infor and Epic enterprise software solutions for clinical, financial, supply chain and human resources management. "
target: Falcon Consulting Group
Falcon Consulting is a holistic healthcare provider consultancy that focuses on driving value in the Epic EHR space. It is dedicated to the improvement of clinical quality, financial sustainability, technology adoption and customer engagement.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 5/31/2016 via GlobeNewswire

DAS Health, acquired Falcon Healthcare Systems

synopsis: DAS Health, the leading provider of patient-centric health IT and management services, has announced its fourth acquisition in eight months. The latest acquisition, Falcon Healthcare Systems, is a Las Vegas, Nevada-based provider of managed IT services, revenue cycle management, Practice Management, and EHR technologies.
buyer: DAS Health
DAS Health is a leading provider of Health IT and management solutions and a trusted consultant to many physician groups, hospitals and healthcare systems across North America. "
target: Falcon Healthcare Systems
Falcon Healthcare Systems is a veteran- and minority-owned company dedicated to delivering advanced corporate-grade IT solutions and services to a broad range of healthcare organizations, businesses, non-profit organizations, schools, and US military units.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/1/2016 via BNC Analysis

KAI Innovations Inc., acquired Trimara Corporation

synopsis: KAI Innovations announced that it has acquired Trimara Corporation. The company is a medical technology company based in Ottawa that has a primary focus offering an Electronic Medical Record (EMR) solution to physicians in Ontario.
buyer: KAI Innovations Inc.
KAI Innovations has now become the leader in delivering McMaster University’s OSCAR Electronic Medical Record (EMR) software and IT Solutions to healthcare organizations in Ontario. "
target: Trimara Corporation
Trimara is an Ottawa-based technology solutions company specializing in electronic medical records systems, medical imaging systems and technology management for medical environments.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 3/2/2016 via PR Web

HCTec Partners, acquired HIMS Consulting Group

synopsis: HCTec Partners, a healthcare IT and health information management staffing and consulting company, announced that it has acquired HIMS Consulting Group (“HIMS”). HIMS is a healthcare IT professional services firm with over 30 years of combined workforce management experience and proprietary development of professional consulting resources,
buyer: HCTec Partners
HCTec’s mission is to discover, develop, and deliver dynamic and innovative solutions to enhance healthcare services and patient care. Their services include staffing contract placements, temp-to-perm placements, and permanent placements, strategic services, managed services, and project work. "
target: HIMS Consulting Group
HIMS Consulting Group, Inc. is a healthcare IT professional services firm. HIMS' systematic approach delivers complete EMR solutions addressing the complex demands of IT resource planning ensuring successful project implementations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 9/23/2015 via BusinessWire

Accenture, will acquire Sagacious Consultants

synopsis: Accenture announced that it has finalized its agreement to acquire Sagacious Consultants, a leading electronic health record consulting practice, to help clients better manage healthcare quality, efficiency and costs. Sagacious will bring their specialized skills in implementation, systems integration, upgrades and optimization of EHR solutions.
buyer: Accenture (ACN:$47,949.38)
Accenture is a global management consulting, technology services and outsourcing company, with more than 336,000 people serving clients in more than 120 countries. "
target: Sagacious Consultants
Sagacious Consultants leverages its extensive Epic EHR and industry experience to offer innovative solutions to persistent problems within healthcare organizations. Their full suite of services is designed to help organizations thrive during and after the transition to Epic.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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