Like The Shrink Space

closed 11/11/2020 via PR Web

ProtoCall Services Inc., acquired The Shrink Space

synopsis: ProtoCall Services, the leading provider of telephonic crisis intervention and behavioral health assessment services, announced its acquisition of The Shrink Space, a referral management software platform that is widely used in higher education.
buyer: ProtoCall Services Inc.
For more than 25 years, ProtoCall Services has provided 24/7 telephonic crisis intervention support for universities, colleges, community health organizations and employer benefits providers. Its seamless and customized services. "
target: The Shrink Space
The Shrink Space is a female-founded, HIPAA- and VPAT-compliant software platform that streamlines the behavioral health referral life cycle for institutions, clients and community providers. The Shrink Space is a referral management software platform that is widely used in higher education.
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closed 10/13/2020 via BusinessWire

Press Ganey Associates, Inc., acquired Doctor.com

synopsis: Press Ganey, an integrated suite of solutions that enables enterprise transformation across the patient journey, has acquired Doctor.com, a platform built to help healthcare organizations deliver a better customer experience at every step of the patient journey.
buyer: Press Ganey Associates, Inc. (PGND:$344.32)
Press Ganey offers an integrated suite of solutions that enables enterprise transformation across the patient journey. Delivered through a cutting-edge digital platform, Press Ganey solutions address safety, clinical excellence, patient experience, and workforce engagement. "
target parent: Spring Capital Partners, L.P.
target: Doctor.com
Doctor.com is a platform built to help healthcare organizations deliver a better customer experience at every step of the patient journey. The company's industry-leading technology seamlessly integrates provider data warehousing, web-wide listings management, reputation insights, and more.
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announced 3/22/2017 via Reuters

iFlag Co., Ltd., will acquire Dr. O-uccino

synopsis: iFLAG Co.,Ltd., a company that provides IT solutions to small businesses in Japan, has acquired Dr. O-uccino from O-uccino. Dr. O-uccino operates a doctor and hospital search engine site and is located in Tokyo, Japan. People can search by hospital, specialty, location and doctor name.
buyer parent: Hikari Tsushin, Inc.
buyer: iFlag Co., Ltd. (2759:$53.65)
iFLAG Co.,Ltd. provides IT solutions to small businesses in Japan. The company plans, produces, operates, and supports home-services business based on cloud computing. "
target parent: O-uccino
target: Dr. O-uccino
Dr. O-uccino operates a doctor and hospital search engine site and is located in Tokyo, Japan. People can search by hospital, specialty, location and doctor name.
price ($mm)
$0.18
rev ($mm)
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closed 11/7/2016 via PR Newswire

FairMedOnline, acquired Caremondo GmbH

synopsis: FairMedOnline, a digital healthcare company based in Singapore offering neutral medical second opinions for patients, acquired the international medical tourism platform Caremondo. Caremondo is a full-service global platform for high-quality medical travel that allows patients to compare and book medical, dental, and aesthetic treatments abroad.
buyer: FairMedOnline
FairMedOnline (FMO) is a digital healthcare company based in Singapore. It offers independent medical second opinions and online access to more than 100 renowned German specialists for patients across Asia, the Middle East and Africa. "
target: Caremondo GmbH
Caremondo is a full-service global digital marketplace for high-quality medical travel. Patients can compare medical, dental, and aesthetic treatments and book appointments in more than 160 verified hospitals worldwide.
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closed 8/26/2015 via BNC Analysis

Global Health and Travel, acquired Tab a Doctor

synopsis: Global Health and Travel, a medical directory and media firm dedicated to medical travel and health tourism in Asia, announced it acquired Tab a Doctor, a company that helps Indonesian patients find and communicate with reputable doctors in Singapore and Malaysia.
buyer: Global Health and Travel
Global Health and Travel is a medical directory and media firm dedicated to medical travel and health tourism in Asia. It is located in Singapore. "
target: Tab a Doctor
Tab a Doctor helps Indonesian patients find and communicate with reputable doctors in Singapore and Malaysia, where the healthcare systems are arguably more sophisticated than those in Indonesia.
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closed 7/17/2019 via BNC Analysis

Carelabs Co., Ltd., acquired Eunogo Pte Ltd

synopsis: Carelabs, a South Korea-based digital beauty and healthcare company, has acquired 53 per cent of Eunogo, a local online beauty and wellness concierge startup with offices in Korea, Singapore and Indonesia. Eunogo runs a premium virtual assistant service for arranging aesthetic procedures.
buyer: Carelabs Co., Ltd. (KOSDAQ:A263700:$49.51)
Carelabs is a South Korea-based digital beauty and healthcare company. CareLabs provides comprehensive healthcare IT services, including clinic information services, clinic customer management software, and digital marketing solutions. "
target: Eunogo Pte Ltd
Founded in 2015, Eunogo runs a premium virtual assistant service for arranging aesthetic procedures in Korea. The company shares its connections and expertise with foreigners who wish to visit Korea for plastic surgery and aesthetical touchups, providing access to top-tier doctors and VIP care.
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closed 11/15/2017 via PR Newswire

SimplaFYI, acquired EthosWell LLC

synopsis: SimplaFYI, a health and wellbeing company focused on advancing health through integrative care, has acquired EthosWell, a Massachusetts company focused on acupuncture, chiropractic and nutrition. EthosWell is an online platform that helps people find, book, and pay for appointments with local chiropractors, acupuncturists, and dietitians.
buyer: SimplaFYI
SimplaFYI was founded to advance health and wellbeing through integrative care. SimplaFYI partners with practitioners of acupuncture, chiropractic, massage|bodywork, meditation|mindfulness, yoga and nutrition to provide preferred pricing to members. "
target: EthosWell LLC
EthosWell is an online platform that helps people find, book, and pay for appointments with local chiropractors, acupuncturists, and dietitians. Their mission is to increase the access to complementary healthcare and promote evidence-based and clinical education around these types of therapies.
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closed 1/15/2021 via GlobeNewswire

Accolade, Inc., acquired 2ndMD

synopsis: Accolade, Inc., which provides personalized, technology-enabled solutions that help people better understand, navigate and utilize the healthcare system and their workplace benefits, announced it has acquired 2nd.MD, a leading Expert Medical Opinion and medical decision support company based in Houston, TX.
buyer: Accolade, Inc. (:$155.57)
Accolade provides personalized advocacy solutions that improve the experience and cost of healthcare for employers, health plans, and members. Accolade connects personal health data and programs to present a single point of entry to health and benefits resources while coordinating with providers. "
target: 2ndMD
2nd.MD is a revolutionary online resource that connects consumers with the nation’s leading medical specialists for second opinions.
price ($mm)
$338
rev ($mm)
$35
EBITDA ($mm)
EV / rev
12.4x
EV / EBITDA
closed 10/16/2019 via BNC Analysis

Medinet Australia, acquired Patient Connector

synopsis: Medinet, a 24/7 GP telehealth consultation app, has acquired Patient Connector, an online platform that directly connects patients with specialist doctors and aims to increase transparency around specialists’ fees and waitlists.
buyer: Medinet Australia
Based in Australia, Medinet is a 24/7 GP telehealth consultation app, that allows patients to obtain clinical advice from a GP; access prescriptions and have medications delivered; access pathology results and directly email their medical certificate to employers; and access specialist referrals. "
target: Patient Connector
Patient Connector is an online platform that directly connects patients with specialist doctors and aims to increase transparency around specialists’ fees and waitlists. Patients can find a specialist doctor at the price, availability and location which best suits them.
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closed 8/1/2018 via PR Newswire

WebMD Corporation, purchased Consumer Services Division from Vitals, Inc

synopsis: WebMD, an Internet Brands company, announced that it has acquired Vitals Consumer Services Division from MDx Medical, Inc/Vitals, Inc. Vitals Consumer Services Division helps consumers find local healthcare professionals and also have a collection of online patient-to-patient communities that enable daily conversations about medical conditions.
buyer parent: Kohlberg Kravis Roberts & Co.
buyer: WebMD Corporation (WBMD:$700.55)
WebMD Health Corp., an Internet Brands Company, is the leading provider of health information services, serving patients, physicians, health care professionals, employers, and health plans through their public and private online portals, mobile platforms, and health-focused publications. "
seller: Vitals, Inc
Vitals Consumer Services Division helps consumers find local healthcare professionals for themselves and their families. They also have a collection of online patient-to-patient communities that enable tens of thousands of daily conversations about hundreds of medical conditions.
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closed 2/8/2017 via BNC Analysis

Schlutersche Verlagsgesellschaft mbH & Co. KG, acquired DocInsider GmbH

synopsis: Schlütersche Verlagsgesellschaft, a company that operates as a publishing house offering yellow pages, technical books, and trade publications, has acquired DocInsider GmbH, a company that operates an online health platform for evaluation of physicians. It develops a portal for patients and has a database of 300,000 physicians.
buyer: Schlutersche Verlagsgesellschaft mbH & Co. KG
Schlütersche Verlagsgesellschaft mbH & Co. KG operates as a publishing house offering yellow pages, technical books, and trade publications. The company was founded in 1747 and is based in Hanover, Germany. "
target: DocInsider GmbH
DocInsider GmbH operates an online health platform for evaluation of physicians. It develops a portal for patients and has a database of 300,000 physicians and related professionals in Germany. The company was founded in 2007 and is based in Hamburg, Germany.
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closed 11/6/2015 via GlobeNewswire

Hubert Burda Media, acquired jameda

synopsis: TOMORROW FOCUS AG has agreed to sell jameda GmbH, which operates a physician ratings portal by the same name, to Burda Digital GmbH. jameda is Germany's biggest physician ratings portal. Over five million patients use the portal every month to find the right physician.
buyer: Hubert Burda Media
Responsible for over 400 print and digital consumer brands, Hubert Burda Media is one of Germany's largest media groups. It publishes more than 320 magazines around the globe. Burda has 165 million users, approximately 40 million paying consumers and 43,000 advertisers. "
target parent: Tomorrow Focus AG
target: jameda
jameda is the leading physician rating website in Germany. The website is used by over 5 million patients to search for the right doctor through a database of more than 250,000 medical professionals across Germany.
price ($mm)
$50
rev ($mm)
$5
EBITDA ($mm)
$1
EV / rev
10.1x
EV / EBITDA
37.8x
closed 10/28/2014 via Company Press Release

Vitals, Inc, acquired Compass Healthcare Advisers

synopsis: Vitals, a leader in providing online transparency tools and data, helping consumers make informed decisions about their medical care, announced that it has acquired Compass Healthcare Advisers. Compass educates patients about the huge price differentials for common inpatient and outpatient health care services in their area.
buyer: Vitals, Inc
Vitals is reinventing the way people choose doctors and medical facilities. They provide increased transparency to cost, quality and access information to support effective decision making. Vitals brings together actionable data, online tools and an engaging consumer experience. "
target: Compass Healthcare Advisers
Compass educates patients about the huge price differentials for common inpatient and outpatient health care services in their area, then provides the tools to quickly and easily shop hundreds of services based on price, quality and location.
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closed 2/27/2019 via BNC Analysis

Docavenue, acquired RDV Médicaux

synopsis: Docavenue, a subsidiary of the Cegedim group specializing in the teleconsultation of doctors, announced the acquisition of the online appointments site RDVMédicaux, which belonged to Vivendi. 
buyer parent: Cegedim
buyer: Docavenue
Docavenue, a subsidiary of the Cegedim group, is specialized in the teleconsultation of doctors. Some 500 doctors are currently using Docavenue's teleconsultation tool. Docavenue is based in Boulogne-Billancourt, France. "
target parent: Vivendi SA
target: RDV Médicaux
RDV Médicaux, based in Paris, is an online platform lets users make an appointment with a doctor anywhere in France.
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closed 11/15/2017 via BNC Analysis

Doctena, acquired Mednanny

synopsis: The Luxembourg-based online medical booking service Doctena has taken over the operations of the Austrian leader Mednanny.com. Mednanny is an interactive health platform. Mednanny allows its users to arrange their doctor's appointments online - for free and completely safely.
buyer: Doctena
Doctena is a platform dedicated to helping patients find doctors and organize an appointment with them. They make the best use of the newest online and mobile technologies in order to help reduce wait time for patients to see a doctor. "
target: Mednanny
Mednanny is an interactive health platform. Mednanny allows its users to arrange their doctor's appointments online - for free and completely safely.
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closed 5/12/2014 via BNC Analysis

The Advisory Board Company, acquired HealthPost, Inc.

synopsis: The Advisory Board Company, a global research, technology, and consulting firm, has acquired HealthPost, a leading provider of cloud-based search and booking solutions for healthcare systems, medical practices and health plans.
buyer: The Advisory Board Company (ABCO:$799.15)
The Advisory Board Company is a global research, technology, and consulting firm partnering with 165,000+ leaders in 4,100+ organizations across health care and higher education. "
target: HealthPost, Inc.
HealthPost is a leading provider of cloud-based search and booking solutions for healthcare systems, medical practices and health plans.
price ($mm)
$26
rev ($mm)
EBITDA ($mm)
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announced 4/27/2016 via Company Press Release

Inbox Health, will acquire CakeHealth

synopsis: Inbox Health is acquiring CakeHealth’s health insurance aggregation technology to further its mission of creating seamless and transparent patient experiences from check-in to billing. CakeHealth aggregates medical cost and insurance data to help users better manage and track their healthcare expenses.
buyer: Inbox Health
Inbox Health works with over 100 healthcare providers across the US to deliver better patient benefit information and improved payment processing technologies. Their product, Benefitly, is reinventing the pre-visit patient experience and reduces front-office work loads for healthcare providers. "
target: CakeHealth
CakeHealth aggregates medical cost and insurance data to help users better manage and track their healthcare expenses. CakeHealth launched to the public at TechCrunch Disrupt in September 2011, is located in San Francisco, California, and is a part of the StartUp Health network.
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closed 1/22/2013 via PR Newswire

Connecture, Inc., acquired DRX

synopsis: Connecture, Inc., the leader in sales automation technology for the health insurance industry, announced it acquired DRX (formerly known as DestinationRx), a provider of Web-based shopping and enrollment systems for consumers of Medicare health plans, as well as those used to compare name brand pharmaceuticals with therapeutic alternatives.
buyer: Connecture, Inc. (OTCQX:CNXR:$77.99)
Connecture is the leading provider of Web-based information systems used to create health insurance marketplaces and exchanges. Its industry-proven solutions enable consumers, employers and brokers to more easily shop for, purchase and renew health insurance. "
target: DRX
Established in 1999, DRX is the leading provider of technology solutions for web-based prescription drug comparison as well as Medicare health plan comparison and enrollment services.
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announced 3/20/2018 via GlobeNewswire

Geopulse Exploration, Inc., will acquire THCFinder.com

synopsis: Geopulse Exploration, Inc., doing business as CannCo Brands & Development and Growth Circle, Inc., announced that it has reached agreement to acquire all of the assets related to www.THCFinder.com, an advertising and marketing site that geo-targets dispensaries, delivery services, and cannabis related physicians offices.
buyer: Geopulse Exploration, Inc. (OTCPK:GPLS:$0.00)
Geopulse Exploration, doing business as CannCo Brands & Development, acquired Growth Circle in 2017. Growth Circle, Inc. develops and distributes marketing and financial content for emerging growth companies including medicinal cannabis-related entities. "
target parent: Endexx
target: THCFinder.com
THCFinder.com helps medical marijuana patients find better access to reliable and safe medication and provides a web platform for patients to interact and feel at ease in a community of users.
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closed 1/19/2016 via BNC Analysis

Portea Medical Private Limited, acquired PSTakeCare

synopsis: Home healthcare solution provider Portea Medical, said it has picked up a majority stake in health-tech start-up PSTakeCare. PSTakeCare provides healthcare consumers with information on doctors, hospitals and other healthcare service providers, helping them take decisions based on factors such as insurance cover provided.
buyer: Portea Medical Private Limited
Portea Medical is India’s largest and fastest growing home healthcare company, which was founded in July 2013. With 1700+ employees and operations across 20+ cities, Portea brings, in-home to patients, the full range of geriatric, chronic, post-operative care as well as allied healthcare services. "
target: PSTakeCare
PSTakeCare provides information on doctors, hospitals and other healthcare service providers based on factors such as insurance coverage provided, procedure-specific feedback and room-wise costs and helps consumers take better decisions.
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closed 11/11/2020 via PR Web

ProtoCall Services Inc., acquired The Shrink Space

synopsis: ProtoCall Services, the leading provider of telephonic crisis intervention and behavioral health assessment services, announced its acquisition of The Shrink Space, a referral management software platform that is widely used in higher education.
buyer: ProtoCall Services Inc.
For more than 25 years, ProtoCall Services has provided 24/7 telephonic crisis intervention support for universities, colleges, community health organizations and employer benefits providers. Its seamless and customized services. "
target: The Shrink Space
The Shrink Space is a female-founded, HIPAA- and VPAT-compliant software platform that streamlines the behavioral health referral life cycle for institutions, clients and community providers. The Shrink Space is a referral management software platform that is widely used in higher education.
price ($mm)
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closed 11/11/2020 via PR Web

ProtoCall Services Inc., acquired The Shrink Space

synopsis: ProtoCall Services, the leading provider of telephonic crisis intervention and behavioral health assessment services, announced its acquisition of The Shrink Space, a referral management software platform that is widely used in higher education.
buyer: ProtoCall Services Inc.
For more than 25 years, ProtoCall Services has provided 24/7 telephonic crisis intervention support for universities, colleges, community health organizations and employer benefits providers. Its seamless and customized services. "
target: The Shrink Space
The Shrink Space is a female-founded, HIPAA- and VPAT-compliant software platform that streamlines the behavioral health referral life cycle for institutions, clients and community providers. The Shrink Space is a referral management software platform that is widely used in higher education.
price ($mm)
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announced 11/24/2020 via BusinessWire

UpHealth Inc. will be merged with GigCapital, Inc.,

synopsis: GigCapital2, a Technology, Media and Telecom (TMT) Private-to-Public Equity (PPE)™ corporation, announced that it has entered into a business combination agreement with UpHealth, one of the largest national and international digital healthcare providers.
buyer: GigCapital, Inc. (:KLR.ASE:$0.00)
GigCapital is a Private-to-Public Equity technology, media, and telecommunications (TMT) focused investment group. The group deploys a unique Mentor-Investors methodology to partner with exceptional TMT companies, managed by dedicated and experienced entrepreneurs. "
target: UpHealth Inc.
UpHealth is a global comprehensive digital health technology and tech-enabled services platform that empowers providers, health systems and payors globally to manage care for people with complex medical, behavioral and social needs, while dramatically improving access to primary care.
price ($mm)
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closed 8/26/2020 via BusinessWire

ConsumerMedical, acquired InfiniteMD, Inc.

synopsis: ConsumerMedical, a clinical advocacy, decision support and expert second opinion company, has acquired InfiniteMD, a technology-leading virtual Expert Medical Opinion (EMO) firm. InfiniteMD provides consumers from around the world with direct access to the best physicians via remote video and written consultations using its proprietary platform.
buyer: ConsumerMedical
ConsumerMedical is a leading clinical advocacy, decision support and expert second opinion company. ConsumerMedical guides participants throughout their healthcare journey. They help individuals and families navigate the healthcare system while improving outcomes and reducing costs. "
target: InfiniteMD, Inc.
InfiniteMD is a technology-leading virtual Expert Medical Opinion (EMO) firm. InfiniteMD provides consumers from around the world with direct access to the best physicians via remote video and written consultations using its proprietary platform.
price ($mm)
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closed 2/4/2013 via Company Press Release

Telefonica Digital, acquired AxisMed

synopsis: Telefónica Digital has acquired a controlling stake in Axismed, Brazil’s largest chronic care management company. The deal will enable Telefónica Group to accelerate the development of a complete end-to-end service proposition in the fast growing Brazilian e-health market.
buyer parent: Telefonica S.A.
buyer: Telefonica Digital
Telefónica Digital's mission is to seize the opportunities within the digital world and deliver new growth for Telefónica through research & development, venture capital, global partnerships and digital services such as cloud computing, mobile advertising, M2M and eHealth. "
target: AxisMed
AxisMed is the largest chronic care management provider in Brazil. AxisMed’s services have been used to monitor more than 180,000 patients across the country using a proprietary system that was based on advanced clinical guidelines.
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announced 5/17/2017 via PR Newswire

Express Scripts Inc., will acquire myMatrixx

synopsis: Express Scripts announced it is taking an important step in expanding its customized workers' compensation pharmacy solutions by acquiring myMatrixx, a pharmacy benefit solutions provider for the workers' compensation industry.
buyer: Express Scripts Inc. (ESRX:$100,275.80)
Express Scripts provides integrated pharmacy benefit management services, including network-pharmacy claims processing, home delivery pharmacy care, specialty benefit management, benefit-design consultation, drug utilization review, formulary management, and medical and drug data analysis services. "
target: myMatrixx
myMatrixx is a full-service workers compensation pharmacy benefit management company focused on patient advocacy. By combining agile tech, clinical expertise, & business analytics, myMatrixx simplifies workers' compensation claims management while providing safer medication therapy management.
price ($mm)
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announced 8/5/2020 via GlobeNewswire

Livongo will be merged with TelaDoc, Inc.,

synopsis: Teladoc Health, the global leader in virtual care, and Livongo, the leading Applied Health Signals company, have entered into a definitive merger agreement. The combination of Teladoc Health and Livongo will create a global leader in consumer centered virtual care. The combined company will operate under the Teladoc Health brand.
buyer: TelaDoc, Inc. (TDOC:$716.29)
Teladoc Health is recognized as the world leader in virtual care. They deliver millions of medical visits across 175 countries annually through the Teladoc Health Medical Group, enabling millions of patient and provider touchpoints for hospitals, health systems, and physician practices globally. "
target: Livongo (LVGO:$257.96)
Livongo empowers people with chronic conditions to live better and healthier lives. Using its AI+AI engine, Livongo aggregates and interprets health data and information to create actionable, personalized, and timely health signals delivered to Livongo Members exactly when and where they need them.
price ($mm)[EV]
$16,988 [$16,567]
rev ($mm)
$258
EBITDA ($mm)
EV / rev
70.8x
EV / EBITDA
closed 10/22/2020 via BusinessWire

Transcarent merged with BridgeHealth,

synopsis: Transcarent, a consumer digital health company, has merged with BridgeHealth, the industry-leading provider of surgical advocacy and centers of excellence programs for large, self-insured organizations. BridgeHealth will introduce new high-touch, high-tech navigation services and solutions built using the Transcarent technology stack.
buyer: BridgeHealth
BridgeHealth is a provider of value-based healthcare services that guide members to surgical Centers of Excellence nationwide. Its bundled rates allow self-insured group health plans to improve the quality and outcomes of surgery while reducing costs from 30% to 50% on average per procedure. "
target: Transcarent
Transcarent is a consumer digital health company that uses a combination of software, technology, and data science to empower consumers with information and access, leading to better outcomes and more cost-effective decisions.
price ($mm)
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closed 7/13/2017 via BusinessWire

Genoa Healthcare, acquired Medication Management Systems, Inc.

synopsis: The nation’s leading behavioral health pharmacy and telepsychiatry company, Genoa, a QoL Healthcare Company, announced the acquisition of Medication Management Systems, Inc., a Minneapolis-based provider of comprehensive medication therapy management services and technology for complex high-risk patients.
buyer: Genoa Healthcare
Genoa, a QoL Healthcare Company, has been serving the behavioral health community for more than 15 years. The company provides pharmacy and telepsychiatry services to more than 550,000 individuals annually in 48 states & the District of Columbia, filling more than 12 million prescriptions per year. "
target: Medication Management Systems, Inc.
Medication Management Systems, Inc. provides comprehensive, patient–centered medication management services and technology to improve medication therapy by identifying and resolving patients’ medication therapy problems.
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announced 8/24/2015 via BusinessWire

Xerox Corporation, will acquire RSA Medical

synopsis: Xerox, a global business services, technology and document management company, announced a definitive agreement to acquire RSA Medical, a leading provider of medical assessment and medical management for patients interacting with life and health insurance companies.
buyer: Xerox Corporation (XRX:$10,610.00)
Xerox is a global business services, technology and document management company helping organizations transform the way they manage their business processes and information. Headquartered in Norwalk, Conn., Xerox has more than 140,000 Xerox employees and do business in more than 180 countries. "
target: RSA Medical
RSA Medical is a leading provider of medical assessment and medical management for patients interacting with life and health insurance companies.
price ($mm)
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closed 11/15/2017 via BusinessWire

ConnectiveRx, acquired Careform

synopsis: ConnectiveRx, a leader in helping patients with affordability, access and medication adherence messaging, has acquired Careform, a leader in technology-enabled “hub” services driving patient and provider engagement and support.
buyer: ConnectiveRx
Headquartered in Whippany, New Jersey, ConnectiveRx delivers affordability and adherence messaging solutions through all stages of the patient’s medication journey to help them get and stay on their medications. The company provides these solutions to over 125 biopharmaceutical manufacturers. "
target: Careform
Based in Pittsburgh, Pennsylvania, Careform was founded in 2012 to simplify access to specialty pharmaceuticals through technology-enabled patient support services. BrandHub delivers inventory management, EHR integration and therapy cycle management to identify and remove barriers to patient access.
price ($mm)
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closed 4/5/2021 via BusinessWire

Digital Media Solutions, acquired Crisp Results

synopsis: Digital Media Solutions, Inc., a provider of technology and digital performance marketing solutions, has acquired Crisp Results, a leader in performance based marketing solutions. Crisp Results mixes data, design, & technology to create acquisition solutions. The company focuses on medicare, final expense insurance, auto insurance, and healthcare.
buyer: Digital Media Solutions (DMS:$332.86)
Digital Media Solutions (DMS) is the largest single entry point for scalable and reliable people-based marketing solutions. DMS deploys a robust database of consumer intelligence and leverages massive proprietary media distribution to provide meaningful, insightful customer acquisition campaigns. "
target: Crisp Results
Crisp Results is a leader in performance based marketing solutions. Crisp Results mixes data, design, technology, & innovation to create the perfect blend of acquisition solutions. The company focuses on medicare insurance, final expense insurance, auto insurance, and healthcare.
price ($mm)
$45
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 1/7/2021 via BusinessWire

Change Healthcare Corporation will be merged with Optum,

synopsis: Optum, a diversified health services company, and Change Healthcare, a health care technology leader, are to merge. Change Healthcare will join with OptumInsight to provide software and data analytics, technology-enabled services and research, advisory and revenue cycle management offerings to help make health care work better for everyone.
buyer parent: UnitedHealth Group
buyer: Optum
Optum is a health services and innovation company on a mission to help make the health system work better for everyone. They combine data and analytics with technology and expertise to power modern health care. "
target: Change Healthcare Corporation (CHNG:$1,646.91)
Change Healthcare is a leading independent healthcare technology company that provides data and analytics-driven solutions to improve clinical, financial and patient engagement outcomes in the U.S. healthcare system.
price ($mm)[EV]
$8,616 [$13,440]
rev ($mm)
$2,432
EBITDA ($mm)
EV / rev
5.6x
EV / EBITDA
closed 4/6/2021 via GlobeNewswire

CloudMD Software & Services Inc., acquired Aspiria Corp.

synopsis: CloudMD, a digital healthcare technology company revolutionizing the delivery of care, has acquired Aspiria Corp., a company that provides an integrated Employee (EAP) and Student Assistance Program (SAP), that focuses on a comprehensive suite of mental health and wellness solutions for all employer and educational sectors.
buyer: CloudMD Software & Services Inc. (CNSX:PHGI:$9.28)
CloudMD is digitizing the delivery of healthcare by providing a patient centric approach, with an emphasis on continuity of care. The Company offers SAAS based health technology solutions to healthcare providers across North America. "
target: Aspiria Corp.
Aspiria Corp. is a company that provides an integrated Employee (EAP) and Student Assistance Program (SAP), that focuses on a comprehensive suite of mental health and wellness solutions for all employer and educational sectors.
price ($mm)
$1.79
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/21/2020 via GlobeNewswire

Gainwell Technologies, will acquire HMS

synopsis: Veritas Capital-backed Gainwell Technologies, a leading provider of solutions that are vital to the administration and operations of health and human services programs, is to acquire HMS, an industry-leading technology, analytics and engagement solutions provider helping organizations reduce costs and improve health outcomes.
buyer parent: Veritas Capital
buyer: Gainwell Technologies
Gainwell Technologies is a leading provider of solutions that are vital to the administration and operations of health and human services programs. They offer services in Medicaid Management Information Systems, fiscal agent services, care management, immunization registry and eligibility services. "
target: HMS (HMSY:$642.75)
HMS advances the healthcare system by helping payers reduce costs and improve health outcomes. HMS provides a broad range of coordination of benefits, payment integrity, population risk analytics, care management, and member engagement solutions that help move the healthcare system forward.
price ($mm)[EV]
$3,329 [$3,377]
rev ($mm)
$643
EBITDA ($mm)
$123
EV / rev
5.3x
EV / EBITDA
27.8x
closed 2/2/2020 via Company Press Release

Frazier Healthcare Partners, The Edgewater Funds, acquired MedData, Inc.

synopsis: The Edgewater Funds and growth capital firm Frazier Healthcare Partners completed the acquisition of revenue cycle management services company MedData from parent company, MEDNAX, Inc. MedData is a national provider of technology-enabled revenue cycle management solutions for hospitals, health systems and healthcare providers.
buyer: The Edgewater Funds
buyer: Frazier Healthcare Partners
The Edgewater Funds is a Chicago-based private equity firm with $2.6 billion in committed capital. Through Edgewater Growth Capital Partners, they partner with management to help accelerate growth in their businesses. Frazier Healthcare Partners is a growth capital firm in the healthcare industry. "
target parent: MEDNAX, Inc.
target: MedData, Inc.
MedData is a national provider of technology-enabled revenue cycle management solutions for hospitals, health systems and healthcare providers. MedData provides eligibility and enrollment services, complex AR services, patient responsibility services, billing and coding.
price ($mm)
$250
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/12/2019 via PE Hub

LLR Partners, acquired CareATC, Inc.

synopsis: LLR Partners, a middle market private equity firm committed to creating long-term value by growing its portfolio companies, has acquired CareATC, a leading innovator in the employer-sponsored healthcare marketplace. CareATC offers customized population health management solutions for employers that reduce healthcare costs.
buyer: LLR Partners
LLR Partners is a middle market private equity firm committed to creating long-term value by growing its portfolio companies. LLR invests in several industries, including Education, FinTech, Healthcare, Industrial Tech, Software and Security, with a focus on technology and services businesses. "
target: CareATC, Inc.
CareATC, Inc. is a leading innovator in the employer-sponsored healthcare marketplace. CareATC offers customized population health management solutions for employers that reduce healthcare costs by promoting health, preventing disease and providing a shorter path to care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/3/2018 via BusinessWire

Hinduja Global Solutions, acquired AxisPoint Health

synopsis: Hinduja Global Solutions Limited has announced that its subsidiary, HGS Population Health LLC, USA, has acquired AxisPoint Health, a leading population health management company. AxisPoint leverages predictive analytics, case management programs, and consumer engagement technology to guide the care experience.
buyer parent: Hinduja Group
buyer: Hinduja Global Solutions (BSE:532859:$582.43)
Hinduja Global Solutions (HGS) is a global leader in business process management and optimizing the customer experience lifecycle. HGS combines automation, analytics and digital with domain expertise focusing on back office processing and HRO solutions to deliver transformational impact to clients. "
target: AxisPoint Health
AxisPoint Health is a population health management company that combines innovative technology with care management services to reduce costs and boost consumer satisfaction. They leverage predictive analytics, case management programs, and consumer engagement technology to guide the care experience.
price ($mm)
$14
rev ($mm)
$60
EBITDA ($mm)
EV / rev
0.2x
EV / EBITDA
closed 10/21/2015 via BusinessWire

PatientSafe Solutions, acquired Vree Health LLC

synopsis: PatientSafe Solutions, a leader in connected workflow and care coordination solutions for healthcare, announced it has acquired all assets of Vree Health, a wholly owned subsidiary of Merck and a provider of service-enabled care coordination technology designed to influence positive behavioral change and enhance the patient experience.
buyer parent: Camden Partners Holdings, LLC
buyer: PatientSafe Solutions
PatientSafe Solutions is leading in connected workflow and care coordination solutions for healthcare. PatientSafe Solutions is committed to the care delivery throughout the patient experience, from the hospital, to the home, to the human, to deliver measurable safety and quality improvements. "
target parent: Merck & Co., Inc.
target: Vree Health LLC
Vree Health operates within the Healthcare Services and Solutions business. Healthcare Services and Solutions is organized and managed independently from the traditional pharmaceutical business and is focused on improving the value of care delivered to patients through services and solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/13/2015 via PR Newswire

Emdeon, Inc., acquired Altegra Health

synopsis: Emdeon Inc. announced that it has closed its previously announced acquisition of Altegra Health, a national provider of technology and intervention platforms that combine data aggregation and analytics with unique member engagement and reporting capabilities to achieve actionable insights and improved management for value-based healthcare.
buyer parent: Blackstone Group LP
buyer: Emdeon, Inc.
Emdeon provides software and analytics, network solutions and technology-enabled services that optimize communications, payments and insights by leveraging its healthcare platform, which includes one of the largest financial and administrative networks in the United States healthcare system. "
target parent: Parthenon Capital Partners
target: Altegra Health
Altegra Health is a national provider of technology-enabled, next generation payment solutions that enable health plans and other risk-bearing healthcare providers to generate, analyze and submit the data needed to successfully manage member care and ensure appropriate reimbursement.
price ($mm)
$910
rev ($mm)
$193
EBITDA ($mm)
EV / rev
4.7x
EV / EBITDA
closed 8/16/2010 via PE Hub

Parthenon Capital, acquired The Coding Source

synopsis: The Coding Source LLC, a leading provider of clinical coding, audit and compliances services to health plans and healthcare providers, announced the completion of a growth investment by Parthenon Capital Partners, a growth oriented private equity firm with offices in Boston and San Francisco.
buyer: Parthenon Capital
Parthenon Capital Partners is a leading mid-market private equity firm that utilizes niche industry expertise and a deep execution team to invest in growth companies in service industries. Parthenon seeks to be an active and aligned partner to management. "
target: The Coding Source
The Coding Source, a leader in medical coding and education, provides outsourced coding, physician and staff coding training, compliance program development and Medicare risk adjustment services to health plans, providers and hospitals.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/13/2018 via BNC Analysis

360 Mental Health Services, acquired Passport To Adaptive Living

synopsis: 360 Behavioral Health, a family of providers that deliver exceptional care across the entire lifespan to individuals with behavioral health conditions, has announced its acquisition of Passport to Adaptive Living (PAL). PAL is a behavioral health provider that helps individuals with autism and other developmental disorders.
buyer parent: DW Healthcare Partners
buyer: 360 Mental Health Services
360 Behavioral Health is the new name for a family of providers that deliver exceptional care - across the entire lifespan - to individuals with behavioral health conditions that interfere with daily living. "
target: Passport To Adaptive Living
Passport To Adaptive Living is a behavioral health provider that provides behavioral services to individuals with autism and other developmental disabilities. Primarily, services consist of intensive behavior intervention (ABA Treatment), social skills training, and adaptive skills training.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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