Like Midas Health Analytics Solutions

closed 2/9/2022 via Company Press Release

symplr, purchased Midas Health Analytics Solutions from Conduent, Inc.

synopsis: symplr, the leader in enterprise healthcare operations, has acquired Midas Health Analytics Solutions from Conduent, a provider of diversified business process services. Midas is an advanced analytics software suite that enables healthcare organizations to improve performance and patient safety.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is the leader in enterprise healthcare operations, offering governance, risk and compliance software and services. For more than 30 years and with deployments in 9 out of every 10 U.S. hospitals, symplr has been committed to improving health care operations through its cloud-based solutions. "
seller: Conduent, Inc. (NYSE:CNDT:$4,140.00)
Midas Health Analytics Solutionsis is an advanced analytics software suite that enables healthcare organizations to improve performance and patient safety. Midas is a product of Conduent, the world's largest provider of diversified business process services.
price ($mm)
$340
rev ($mm)
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closed 11/30/2022 via PR Web

AMS Management Group, acquired Adaptrack Platform Inc

synopsis: AMS Management Group announced the acquisition of Adaptrack, an AI-powered behavioral nudge insurtech platform. Adaptrack is a ridiculously simple platform for today’s healthcare workforce, helping to avoid costly risks, while earning point-of-care continuing education credits.
buyer: AMS Management Group
AMS Management Group provides full-spectrum management of medical liability insurance programs for the healthcare community. AMS Management Group was established in 2003 by Richard B. Welch and Steven Shapiro, M.D., who believed that a better medical liability solution should exist. "
target: Adaptrack Platform Inc
Adaptrack is a ridiculously simple platform for today’s healthcare workforce, helping to avoid costly risks, while earning point-of-care continuing education credits. Enabled by Adaptrack’s proprietary AI-powered personalized nudges, healthcare providers can adapt to evolving risks to reputation.
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announced 12/22/2021 via BusinessWire

Huron Consulting Group Inc., will acquire Perception Health

synopsis: Global professional services firm Huron will acquire Perception Health Inc., a healthcare predictive analytics company focused on bringing data sources together to illuminate opportunities for improved clinical and business decision-making.
buyer: Huron Consulting Group Inc. (HURN:$855.69)
Huron is a global consultancy that collaborates with clients to drive strategic growth, ignite innovation, and navigate constant change. Through a combination of strategy, expertise, and creativity, Huron helps clients accelerate operational, digital, and cultural transformation. "
target: Perception Health
Perception Health is a healthcare predictive analytics company. Its robust intelligence platform of solutions enables providers, payors and research institutions to analyze network integrity, identify early disease risk factors and optimize patient care.
price ($mm)
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closed 12/15/2021 via BNC Analysis

Carasent, acquired Medrave Software AB

synopsis: Carasent ASA has acquired the Swedish company Medrave Software AB, including its fully-owned Norwegian subsidiary Medrave Software AS, a market leader in Scandinavia within quality improvement software for healthcare practices within primary care and secondary outpatient care.
buyer: Carasent (OB:CARA:$12.92)
Carasent is an investment management company in Norway that focuses on businesses that develop entrepreneurial and e-health solutions. Carasent's strategy is to continue to develop and expand digitalization that helps customers to meet challenges in providing efficient health care services. "
target: Medrave Software AB
Medrave is a market leader in Scandinavia within quality improvement software for healthcare practices within primary care and secondary outpatient care. Their quality improvement solution automatically collects and sorts data and provides automatic reporting to healthcare professionals.
price ($mm)
$15
rev ($mm)
$3
EBITDA ($mm)
$1
EV / rev
5.8x
EV / EBITDA
22.3x
closed 12/17/2020 via BusinessWire

DataLink Software, acquired Orizon360

synopsis: DataLink Software, a leading provider of integrated population health applications, interoperability, provider engagement and value-based care performance management solutions to healthcare providers and payers, has acquired Miami-based healthcare data integration and financial informatics company Orizon360°.
buyer: DataLink Software
DataLink is a healthcare technology company that empowers better health by enabling payers, providers and care partners with real-time data aggregation, EHR connectivity and dynamic dashboards and reporting. "
target: Orizon360
Orizon360° enables payers, managed service organizations and providers with technology solutions to manage risk-bearing contracts. Orizon360° combines advanced value-based risk analytics, quality measures management, risk scoring and financials in the single-source, cloud-based platform Rockerbox™.
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closed 12/14/2020 via PR Newswire

FORM.com, acquired GoSpotCheck

synopsis: FORM.com, a global leader in mobile data collection, has acquired GoSpotCheck, the leading provider of mobile task management and image recognition software. GoSpotCheck enables retailers, restaurants, facility managers, and healthcare organizations to collect, organize, aggregate and analyze data from the field in order to improve operations.
buyer parent: Diversis Capital
buyer: FORM.com
FORM.com is a global leader in mobile data collection. FORM.com helps mid to large organizations improve how they collect, manage, and leverage data across the enterprise. Their platform enables businesses automate tasks, improve business processes, and drive better decisions. "
target: GoSpotCheck
GoSpotCheck is a leading provider of mobile task management and image recognition software. GoSpotCheck enables retailers, restaurants, facility managers, and healthcare organizations to collect, organize, aggregate and analyze data from the field in order to improve operations.
price ($mm)
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closed 5/6/2020 via BusinessWire

Kaufman Hall, purchased Connected Analytics Business from Change Healthcare Corporation

synopsis: Change Healthcare announced the sale of its Connected Analytics business to Kaufman Hall, a leading provider of enterprise performance management (EPM) software. Products in the Connected Analytics business include Performance Manager and Analytics Explorer, as well as Data Platform & Solutions, HIE, and Orders & Results.
buyer: Kaufman Hall
Kaufman Hall provides a unique combination of software, data and management consulting solutions to help society’s foundational institutions realize sustained success amid changing market conditions. Since 1985, Kaufman Hall has been a trusted advisor to boards and executive management teams. "
seller: Change Healthcare Corporation (CHNG:$196.79)
The Connected Analytics business includes Performance Manager and Analytics Explorer, as well as Data Platform & Solutions, HIE, and Orders & Results. They consist of solutions for providers that want to leverage financial, clinical, and operational data to improve quality, reduce cost and risk.
price ($mm)
$55
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 4/10/2019 via PR Newswire

Healthaxis, Inc., acquired Analytics Partners

synopsis: HealthAxis Group announced the acquisition of Analytics Partners based in Jacksonville, FL. Analytics Partners specializes in analytics solutions such as historical trend analysis, risk assessments, fraud indicators and claims reporting for Healthcare organizations.
buyer: Healthaxis, Inc. (HAXS:$0.00)
HealthAxis Group is simultaneously the most experienced and modern SaaS-based supplier of benefit platform systems. The comprehensive suite offered by HealthAxis helps organizations address compliance, increase administrative efficiency, lower cost, and improve quality. "
target: Analytics Partners
Analytics Partners specializes in analytics solutions such as historical trend analysis, risk assessments, fraud indicators and claims reporting for Healthcare organizations.
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closed 4/8/2018 via PR Web

ProKarma Inc., acquired PluralSoft Inc.

synopsis: ProKarma, a global IT solutions company, has acquired PluralSoft, an award-winning healthcare data analytics company. PluralSoft's CareQuotient solution is a Data Management and Analytics platform that furnishes Providers and Payers quick insights into key performance data about the business and health profile of their patient/member population.
buyer: ProKarma Inc.
ProKarma is an enterprise IT solutions company that specializes in full-scale implementation and delivery capabilities. ProKarma drives innovations around today's burgeoning technologies, while harnessing the latest solutions across multiple platforms, including SAP, Microsoft and Oracle. "
target: PluralSoft Inc.
PluralSoft is an award-winning healthcare data analytics company. Their CareQuotient solution is a Data Management and Analytics platform that furnishes Providers and Payers quick insights into key performance data about the business and health profile of their patient/member population.
price ($mm)
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announced 12/20/2017 via Reuters

GPI S.p.A., will acquire BIM Italia Srl

synopsis: GPI SpA, the leading technology partner in the Health and Social market, will acquire a 70% majority stake in BIM Italia Srl, a company that offers solutions that integrate software products and professional services to companies in the healthcare sector. BIM Italia's solutions allows healthcare providers to improve their quality of service.
buyer: GPI S.p.A. (BIT:GPI:$269.49)
GPI SpA is the leading technology partner in the Health and Social market. The Group's offer combines IT expertise, consulting and design competences that enable to operate in several business areas: Information Systems, Healthcare, Logistics and Robotization, ICT Services and Monetary Services. "
target: BIM Italia Srl
BIM Italia offers solutions that integrate software products and professional services to companies in the healthcare sector. Their solutions assess and monitors a facilities performance and allows healthcare providers to improve their quality of service.
price ($mm)
$8.13*
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closed 4/24/2017 via PR Web

Lumeris Corp., acquired Forecast Health, Inc.

synopsis: Lumeris, a leader in Value-Based Care Managed Services, announced that it has acquired Forecast Health, an advanced analytics and predictive modeling company. Forecast Health's solutions reduce or eliminate CMS penalties for hospital readmissions and increase in gain-share from MA and commercial payers.
buyer: Lumeris Corp.
Lumeris’ solutions support health systems, payers and providers in their journey to value-based care. From Fee for Service to Global Payment models, Lumeris enables the business and care delivery transformation required to manage quality, cost and utilization for patients and populations. "
target: Forecast Health, Inc.
Forecast Health provides health systems with predictive analytics that enable their membership growth and clinical strategies. Providers who use their solutions to manage current and new patient risks are guaranteed to reduce or eliminate CMS penalties for hospital readmissions.
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closed 2/6/2013 via BNC Analysis

The Advisory Board Company, acquired 360Fresh

synopsis: The Advisory Board Company acquired 360Fresh. 360Fresh offers two products. Pulse360 uses text and data mining to extract information from existing systems to answer clinical and quality questions. Track360 is a clinician care coordination and workflow tool that streamlines provider handoffs, provides alerts, and improves patient communications.
buyer: The Advisory Board Company (ABCO:$799.15)
The Advisory Board Company is a leading research, consulting, and technology services firm serving a global network of 150,000+ leaders in 3,700 health care and higher education organizations. "
target: 360Fresh
360Fresh uses text and data mining to glean actionable information from available data (e.g. EMR, scheduling, discharge, admission, TeleHealth) to identify and risk stratify patient populations.
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closed 10/12/2022 via BNC Analysis

Lone Star Communications, Inc., acquired CareSight, LLC

synopsis: Lone Star Communications (LSC), a provider of life safety products and services, has acquired CareSight, an analytics-as-a-service solution for hospitals. CareSight delivers actionable data to reduce risk and improve caregiver and patient experience. Their platform helps hospitals to manage their alarm, alert and notification environments.
buyer: Lone Star Communications, Inc.
Lone Star Communications (LSC) is a provider of life safety products and services. LSC works with leading manufacturers and suppliers to provide clients in the healthcare, education, and commercial industries with innovative communication and alert solutions. "
target: CareSight, LLC
CareSight is an advanced reporting and analytics-as-a-service solution for hospitals. CareSight delivers actionable data to reduce risk and improve caregiver and patient experience. Their platform helps hospitals to manage their alarm, alert and notification environments.
price ($mm)
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closed 6/8/2022 via PR Newswire

Unison Inc., acquired Plan4 Healthcare

synopsis: Unison, the leading provider of Program Management and Acquisition software to federal agencies, has acquired Plan4 Healthcare, a provider of planning, performance, and budget tracking solutions for the Veterans Health Administration (VHA). Plan4 enables hospital executives to plan resources more accurately and direct operations more effectively.
buyer parent: ABRY Partners, LLC
buyer: Unison Inc.
Unison is the leading provider of Contract Management, Program Management, and Acquisition software. Unison's secure cloud and on-premise software, marketplace, and information products support users in leading federal prime contractors, all US cabinet-level agencies, and major DoD programs. "
target: Plan4 Healthcare
Plan4 Healthcare is the leading provider of planning, performance, and budget tracking solutions to the Veterans Health Administration (VHA). Plan4 enables hospital executives and managers to plan resources more accurately, manage finances more efficiently, and direct operations more effectively.
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closed 6/14/2017 via Company Press Release

Medvivo Group Ltd, acquired Expert 24

synopsis: As a health and care services provider, Medvivo is delighted to announce that it is boosting its clinical technology offering through the acquisition of Expert 24, a global developer of customised clinical decision support applications.
buyer parent: Eight Roads Ventures
buyer: Medvivo Group Ltd
Medvivo Group provides clinical services, telecare and Technology Enabled Care Solutions. Medvivo offers a truly integrated solution to a broad range of health and social care needs, delivering excellence of care, innovation and the highest quality. "
target: Expert 24
Expert 24 is a global developer of customised clinical decision support applications. Expert 24 provides customised, trusted algorithms for some of the world’s largest healthcare providers, insurers and health information platform.
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closed 1/18/2016 via PR Newswire

Sentry Data Systems, Inc., acquired Agilum Healthcare Intelligence

synopsis: Sentry Data Systems, Inc. announced its acquisition of Nashville-based Agilum Healthcare Intelligence. The company provides enterprise business intelligence solutions that help health systems improve operating performance through increased transparency and access to actionable financial information.
buyer: Sentry Data Systems, Inc.
Sentry Data Systems, Inc. provides technology solutions that help healthcare providers address their three biggest challenges: reducing total cost of care, managing compliance and producing better outcomes. "
target: Agilum Healthcare Intelligence
Agilum provides business intelligence solutions and services that are designed to meet the specific needs of hospitals and healthcare systems.
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closed 3/27/2015 via BNC Analysis

Telstra Corporation Limited, acquired Dr Foster

synopsis: Telstra has acquired British health analytics company Dr Foster as part of its recent push to grow profits from non-traditional businesses. Dr Foster is a London-based company part-owned by the UK's Department of Health. It makes software used by healthcare providers to rank and compare the performance of different hospitals and medical staff.
buyer: Telstra Corporation Limited (ASX:TLS:$17,503.32)
Telstra Corporation Limited (known as Telstra) is Australia's largest telecommunications and media company which builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other entertainment products and services. "
target: Dr Foster
Dr Foster works with healthcare organisations to achieve sustainable improvements in their performance through better use of data. Dr Foster is the leading provider of healthcare variation analysis and clinical benchmarking solutions worldwide.
price ($mm)
$45
rev ($mm)
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closed 7/28/2011 via BusinessWire

GE Healthcare, acquired MERS International, LLC

synopsis: GE Healthcare Performance Solutions announced that it has acquired the Medical Event Reporting System (MERS) technology from MERS International, LLC. MERS gives hospital staff the ability to report via a web-based platform which in turn helps convert raw data into actionable information.
buyer parent: General Electric Company
buyer: GE Healthcare
GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Their broad expertise includes medical imaging and information technologies, medical diagnostics, patient monitoring systems, drug discovery and biopharmaceutical manufacturing. "
target: MERS International, LLC
MERS ("Medical Event Reporting System") International's event reporting technology collects, reports and analyzes patient event and near miss data through a web-based system, which helps hospitals identify root causes of safety events.
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closed 7/27/2020 via PR Newswire

Sharecare, Inc., acquired WhiteHatAI

synopsis: Sharecare, the digital health company that helps people manage all their health in one place, has acquired WhiteHatAI, an advanced artificial intelligence software development company. WhiteHatAI offers a flexible, automated healthcare fraud detection software platform that quickly identifies fraud, waste and abuse in all healthcare claims.
buyer: Sharecare, Inc. (NasdaqGS:SHCR:$331.76)
Sharecare is the digital health company that helps people manage all their health in one place. The Sharecare platform provides each person with a comprehensive and personalized health profile where they can dynamically and easily connect to the information. "
target: WhiteHatAI
WhiteHatAI is an advanced artificial intelligence software development company with deep experience in healthcare. The WhiteHatAI Centaur system is a flexible, automated healthcare fraud detection software platform that quickly identifies fraud, waste and abuse in all healthcare claims.
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closed 4/1/2013 via PR Newswire

FICO, acquired Infoglide

synopsis: FICO, the leading provider of analytics and decision management technology, announced it has acquired Infoglide, a leading provider of entity resolution and social network analysis solutions, used primarily to improve fraud detection, security and compliance.
buyer: FICO (FICO:$932.17)
FICO delivers superior predictive analytics solutions that drive smarter decisions. The company's groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. "
target: Infoglide
Infoglide offers an advanced identity resolution and social network analysis software package that enables users to understand the relationships between their organization, customers, events, and third-party actors.
price ($mm)
$7.00
rev ($mm)
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closed 2/9/2022 via Company Press Release

symplr, purchased Midas Health Analytics Solutions from Conduent, Inc.

synopsis: symplr, the leader in enterprise healthcare operations, has acquired Midas Health Analytics Solutions from Conduent, a provider of diversified business process services. Midas is an advanced analytics software suite that enables healthcare organizations to improve performance and patient safety.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is the leader in enterprise healthcare operations, offering governance, risk and compliance software and services. For more than 30 years and with deployments in 9 out of every 10 U.S. hospitals, symplr has been committed to improving health care operations through its cloud-based solutions. "
seller: Conduent, Inc. (NYSE:CNDT:$4,140.00)
Midas Health Analytics Solutionsis is an advanced analytics software suite that enables healthcare organizations to improve performance and patient safety. Midas is a product of Conduent, the world's largest provider of diversified business process services.
price ($mm)
$340
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/31/2018 via PR Newswire

Conduent, Inc., will acquire Health Solutions Plus

synopsis: Conduent, the world's largest provider of diversified business process services, will acquire Health Solutions Plus (HSP), a provider of core administration software solutions for healthcare payers. HSP’s comprehensive core claims administration solution speeds up the process of complicated healthcare claims by utilizing embedded automated tools.
buyer: Conduent, Inc. (NYSE:CNDT:$4,140.00)
Conduent is the world's largest provider of diversified business process services with leading capabilities in digital processing, automation and analytics. They work with companies and governments to help them deliver quality services to the people they serve. "
target: Health Solutions Plus
Health Solutions Plus (HSP) is a provider of core administration software solutions for healthcare payers. HSP’s comprehensive core claims administration solution speeds up the process of complicated healthcare claims by utilizing a broad range of embedded automated tools.
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closed 8/13/2018 via PE Hub

H.I.G. Capital, acquired Buck Consultants, Inc.

synopsis: Buck Consultants, an integrated HR consulting, benefits administration and technology services firm, announced that it has completed its previously announced sale to an investment fund managed by H.I.G. Capital.
buyer: H.I.G. Capital
H.I.G. Capital is a leading global private equity investment firm with over $25 billion of equity capital under management. The H.I.G. family of funds includes private equity, growth equity, real estate, debt/credit, lending and biohealth. "
target parent: Conduent, Inc.
target: Buck Consultants, Inc.
Buck Consultants is an integrated HR consulting, benefits administration, and technology services provider. Buck is focused on helping its clients realize the best organizational performance for their business while driving positive health, wealth, and career outcomes for their people.
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announced 8/6/2018 via BNC Analysis

Avenu Insights & Analytics, will purchase CGSS Business from Conduent, Inc.

synopsis: Conduent Incorporated announced it has entered into an agreement to sell its Local and Municipal Constituent Government Software Solutions (CGSS) business to Avenu Insights & Analytics. Conduent's CGSS business includes software solutions for managing criminal courthouse and juror administrative functions, porperty tax collection and more.
buyer parent: Mill Point Capital
buyer: Avenu Insights & Analytics
Avenu Insights & Analytics, a portfolio company of Mill Point Capital, provides local governments with ways to achieve more predictable revenue that supports growth, fuels modernization and ensures compliance with mandated but underfunded programs. "
seller: Conduent, Inc. (NYSE:CNDT:$4,140.00)
Conduent's Local and Municipal Constituent Government Software Solutions (CGSS) business includes solutions for Government Records Management (land/vital records), Software solutions for managing criminal courthouse and juror administrative functions, Property tax collection and more.
price ($mm)
rev ($mm)
$113
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 4/26/2018 via PR Newswire

Andera Partners, will purchase Off-Street Parking Business from Conduent, Inc.

synopsis: Conduent announced it has entered into a binding agreement to sell its off-street parking business, including the Conduent Multipark System in France and the U.K., along with its U.S. airport parking business, to Andera Partners, an investment firm in France.
buyer: Andera Partners
Andera Partners was created in 2001 and is a leader in investments in unlisted companies in France and internationally. It manages over €2 billion in investments in life sciences, growth capital and OBO and sponsorless mezzanine debt. "
seller: Conduent, Inc. (NYSE:CNDT:$4,140.00)
The acquisition includes the off-street parking business of Conduent, including the Conduent Multipark System in France and the U.K., along with its U.S. airport parking business. They offer software, payment systems, sensor and RFID equipment for off-street parking solutions.
price ($mm)
rev ($mm)
$43
EBITDA ($mm)
EV / rev
0.0x
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:$11,190.38)
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.
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closed 10/3/2017 via PR Newswire

ESO Solutions, acquired FIREHOUSE Software

synopsis: ESO Solutions, Inc., the leading data and software company serving emergency medical services, fire departments and hospitals, announced it has acquired the FIREHOUSE Software business and suite of records emergency management products from Conduent Government Systems, LLC., a wholly owned subsidiary of Conduent, Incorporated.
buyer: ESO Solutions
ESO Solutions, Inc. is dedicated to improving community health through the power of data. Its healthcare, public safety and technology experts provide the most innovative software solutions on the market, including the industry-leading ESO Electronic Health Record (EHR) software. "
target parent: Conduent Business Services
target: FIREHOUSE Software
FIREHOUSE Software is the nation’s most trusted and most widely used fire and EMS records management system. FIREHOUSE Software is designed to make records entry and records management as easy as possible for fire departments and EMS agencies of all sizes.
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announced 3/10/2022 via PR Newswire

symplr, will acquire Greenlight Medical

synopsis: symplr®, the leader in enterprise healthcare operations, announced that it will acquire GreenLight Medical, Inc. a provider of healthcare supply chain management software. GreenLight Medical's cloud-based software platform provides quality and value-based data for evaluating, purchasing, and deploying new medical technology.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is the leader in enterprise healthcare operations, offering governance, risk and compliance software and services. For more than 30 years and with deployments in 9 out of every 10 U.S. hospitals, symplr has been committed to improving health care operations through its cloud-based solutions. "
target: Greenlight Medical
Based in Nashville, TN, GreenLight Medical, Inc. is a provider of healthcare supply chain management software. GreenLight Medical provides healthcare organizations with quality and value-based data for evaluating, purchasing, and deploying new medical technology,
price ($mm)
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closed 2/9/2022 via Company Press Release

symplr, purchased Midas Health Analytics Solutions from Conduent, Inc.

synopsis: symplr, the leader in enterprise healthcare operations, has acquired Midas Health Analytics Solutions from Conduent, a provider of diversified business process services. Midas is an advanced analytics software suite that enables healthcare organizations to improve performance and patient safety.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is the leader in enterprise healthcare operations, offering governance, risk and compliance software and services. For more than 30 years and with deployments in 9 out of every 10 U.S. hospitals, symplr has been committed to improving health care operations through its cloud-based solutions. "
seller: Conduent, Inc. (NYSE:CNDT:$4,140.00)
Midas Health Analytics Solutionsis is an advanced analytics software suite that enables healthcare organizations to improve performance and patient safety. Midas is a product of Conduent, the world's largest provider of diversified business process services.
price ($mm)
$340
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/15/2021 via PR Newswire

symplr, will acquire Halo Health, Inc.

synopsis: symplr, the leader in enterprise healthcare operations including governance, risk management and compliance ("GRC") SaaS solutions, will acquire Halo Health, a provider of clinical communication and collaboration software that streamlines clinical processes and interactions, improving clinician satisfaction and patient care.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is a leader in enterprise heatlhcare opersatinos. symplr's comprehensive healthcare solutions, anchored in governance, risk management, and compliance, enable its enterprise customers to efficiently navigate the unique complexities of integrating critical business operations in healthcare. "
target parent: Bain Capital
target: Halo Health, Inc.
Halo Health is the healthcare technology company for clinical collaboration. Its Halo Clinical Collaboration Platform is a cloud-based mobile ecosystem that accelerates time-sensitive clinical communication and workflow to improve patient care inside health systems and across the care continuum.
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announced 5/17/2021 via PR Newswire

symplr, will acquire HealthcareSource

synopsis: symplr, a global leader in enterprise healthcare operations including GRC SaaS solutions, is to acquire HealthcareSource, the leading software provider of talent management solutions and services specifically for the healthcare industry.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is an industry leader in governance, risk and compliance SaaS solutions that help healthcare organizations mitigate risk and ensure compliance. symplr has a single mission: to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target parent: Francisco Partners Management LLC
target: HealthcareSource
HealthcareSource offers the only comprehensive talent management suite designed specifically to help healthcare systems grow and thrive in an ever-changing industry. The HealthcareSource Quality Talent Suite(SM) enables hiring and retaining quality talent for clients to provide quality care.
price ($mm)
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announced 1/26/2021 via PR Newswire

SkyKnight Capital, symplr, will acquire Phynd Technologies, Inc.

synopsis: symplr, a leading global healthcare GRC SaaS platform, backed by Clearlake Capital Group, L.P. and SkyKnight Capital, is to acquire Phynd Technologies, which is on a mission to simplify provider data management for healthcare systems. Phynd 360 is an innovative provider data management platform that serves as the central hub for providers.
buyer: symplr
buyer: SkyKnight Capital
symplr is an industry leader in governance, risk and compliance SaaS solutions that help healthcare organizations mitigate risk and ensure compliance. symplr has a single mission: to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target: Phynd Technologies, Inc.
Since 2013, Phynd has been on a mission to simplify provider data management for healthcare systems. Phynd 360 is an innovative provider data management platform that serves as the central hub for providers.
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announced 10/26/2020 via BusinessWire

symplr, will acquire TractManager

synopsis: symplr, a leading global healthcare governance, risk management, and compliance SaaS platform, is to acquire TractManager from Arsenal Capital Partners. TractManager is the first mover in strategic sourcing, enterprise contract lifecycle management, provider management and evidence-based data.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is an industry leader in governance, risk and compliance SaaS solutions that help healthcare organizations mitigate risk and ensure compliance. symplr has a single mission: to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target parent: Arsenal Capital Partners
target: TractManager
TractManager’s healthcare-specific application suite serves three out of five U.S. hospitals. Serving the healthcare industry with integrity for more than 30 years, TractManager is the first-mover in strategic sourcing and enterprise contract lifecycle management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/22/2020 via GlobeNewswire

symplr, acquired ComplyTrack

synopsis: Wolters Kluwer Legal & Regulatory announced that it has completed the divestment of ComplyTrack, a healthcare regulatory risk and compliance solution, to symplr, a provider of cloud-based solutions for hospitals and other health facilities.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is an industry leader in governance, risk and compliance SaaS solutions that help healthcare organizations mitigate risk and ensure compliance. symplr has a single mission: to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target parent: Wolters Kluwer NV
target: ComplyTrack
ComplyTrack is a complete healthcare regulatory risk and compliance software solution that enables users to proactively assess, communicate, and mitigate risk across the entire healthcare enterprise in the face of constant regulatory change.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/14/2020 via PR Newswire

symplr, acquired The Patient Safety Company

synopsis: symplr, a leading healthcare governance, risk and compliance (GRC) software-as-a-service (SaaS) platform, has acquired The Patient Safety Company (TPSC) from Main Capital Partners, a Netherlands-based strategic investor. TPSC provides GRC solutions, centered around the improvement of patient safety, to healthcare organizations.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is an industry leader in governance, risk and compliance SaaS solutions that help healthcare organizations mitigate risk and ensure compliance. symplr has a single mission: to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target parent: Main Capital Partners BV
target: The Patient Safety Company
The Patient Safety Company (TPSC) provides governance, risk and compliance solutions, centered around the improvement of patient safety, to healthcare organizations. Their innovative TPSC Cloud platform enables healthcare organizations to automate incident management, accreditation and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/16/2019 via Company Press Release

symplr, acquired IntelliSoft Group

synopsis: symplr, a leading healthcare governance, risk and compliance software-as-a-service platform, has acquired IntelliSoft Group, a provider of medical credentialing, provider enrollment, and contract management software. IntelliSoft Group offers a comprehensive suite of software modules to help healthcare systems navigate the credentialing process.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is an industry leader in governance, risk and compliance SaaS solutions that help healthcare organizations mitigate risk and ensure compliance. symplr has a single mission: to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target: IntelliSoft Group
IntelliSoft Group is a leading provider of medical credentialing, provider enrollment, and contract management software in combination with CVO services. IntelliSoft Group offers a comprehensive suite of software modules to help healthcare systems navigate the credentialing process with ease.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/20/2019 via PR Newswire

symplr, will acquire API Healthcare Corporation

synopsis: symplr, a leading healthcare governance, risk and compliance software-as-a-service ("SaaS") platform, backed by Clearlake Capital Group, L.P., announced that it has signed a definitive agreement to acquire API Healthcare, a leading provider of healthcare human capital management ("HCM") software solutions, from Veritas Capital.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is an industry leader in governance, risk and compliance SaaS solutions that help healthcare organizations mitigate risk and ensure compliance. symplr has a single mission: to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target parent: Veritas Capital
target: API Healthcare Corporation
For more than 30 years, API Healthcare has been a leader in healthcare software and services. API's comprehensive suite of workforce management software gives healthcare providers the data and analytics to help them effectively manage their financial, clinical and human capital workflows.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/23/2018 via BNC Analysis

Clearlake Capital Group, L.P., will acquire symplr

synopsis: Clearlake Capital, a leading private investment firm founded in 2006, has entered into a definitive agreement agreement to acquire symplr, a leading healthcare governance, risk and compliance (GRC) software-as-a-service platform, from Pamlico Capital and The CapStreet Group.
buyer: Clearlake Capital Group, L.P.
Clearlake Capital Group, L.P. is a leading private investment firm. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach. "
target parent: Pamlico Capital
target: symplr
symplr is the leading healthcare GRC SaaS platform, offering provider management, credential management and payer enrollment services to over 1,500 customers representing more than 4,000 healthcare facilities in North America.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/18/2017 via Company Press Release

symplr, acquired Vistar Technologies

synopsis: symplr®, a leading provider of software as a service (SaaS) based healthcare compliance and credentialing solutions, announced it has joined forces with Vistar Technologies (“Vistar”), a leader in the development and support of provider management software for healthcare providers, managed care and payer organizations.
buyer parent: CapStreet Partners
buyer: symplr
symplr is an industry leader in compliance and credentialing Software as a Service solutions that help healthcare organizations mitigate risk and ensure compliance. Their mission is to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target: Vistar Technologies
Vistar Technologies has been delivering workflow solutions for provider and network management for the nation’s largest health plans and providers since 1997. Vistar’s solution serves as a central provider data repository for compliance, integration, quality analysis, data access and reporting.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/5/2016 via Company Press Release

CACTUS Software merged with symplr,

synopsis: symplr®, a leading provider of Software as a Service (SaaS) based healthcare compliance and credentialing solutions, announced a merger with Cactus Software, a leader in the development and support of provider management software for hospitals, managed care organizations, CVOs, and physician groups.
buyer parent: CapStreet Partners
buyer: symplr
symplr is an industry leader in compliance and credentialing Software as a Service solutions that help healthcare organizations mitigate risk and ensure compliance. Their mission is to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target: CACTUS Software
Cactus Software has been the industry leader in credentialing software design and development since 1985. Cactus credentialing software is used by thousands of leading health care organizations, from small community hospitals to large managed care clients.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/4/2015 via Market Wire

symplr, acquired CBR Associates

synopsis: symplr announced that it has acquired CBR Associates, a provider of healthcare credentialing solutions headquartered in Durham, North Carolina. CBR Associates' PRIVplus, QUALCAREplus and RISKplus are affordable, user-friendly software applications for physician credentialing, risk management and quality management.
buyer parent: CapStreet Partners
buyer: symplr
symplr is an industry leader in compliance and credentialing Software as a Service solutions that help healthcare organizations mitigate risk and ensure compliance. Their mission is to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target: CBR Associates
Founded in 1981, CBR Associates develops comprehensive, user friendly software programs for physician credentialing, occurrence tracking and incident tracking. CBR is committed to offering affordable, leading edge solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/16/2012 via BNC Analysis

CapStreet Partners, acquired Vendor Credentialing Service LLC

synopsis: The CapStreet Group has acquired Vendor Credentialing Services LLC, a Houston, Texas-based provider of web-based vendor credentialing, vendor compliance and vendor access solutions to healthcare facilities. No financial terms were disclosed.
buyer: CapStreet Partners
The CapStreet Group is a lower middle market private equity firm that typically invests in companies with enterprise values of less than $150 million. CapStreet primarily invests in businesses that were previously owned by entrepreneurs, families or other non-institutional investors. "
target: Vendor Credentialing Service LLC
Vender Credentialing Service (VCS) offers a web based vendor credentialing, vendor compliance and vendor access program to hospitals nationwide. Additionally, VCS offers a web based credential management program to suppliers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/9/2022 via Company Press Release

symplr, purchased Midas Health Analytics Solutions from Conduent, Inc.

synopsis: symplr, the leader in enterprise healthcare operations, has acquired Midas Health Analytics Solutions from Conduent, a provider of diversified business process services. Midas is an advanced analytics software suite that enables healthcare organizations to improve performance and patient safety.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is the leader in enterprise healthcare operations, offering governance, risk and compliance software and services. For more than 30 years and with deployments in 9 out of every 10 U.S. hospitals, symplr has been committed to improving health care operations through its cloud-based solutions. "
seller: Conduent, Inc. (NYSE:CNDT:$4,140.00)
Midas Health Analytics Solutionsis is an advanced analytics software suite that enables healthcare organizations to improve performance and patient safety. Midas is a product of Conduent, the world's largest provider of diversified business process services.
price ($mm)
$340
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/21/2022 via BusinessWire

SteadyMD Inc., acquired BlocHealth

synopsis: SteadyMD, a B2B telehealth infrastructure provider that powers high-quality telehealth patient experiences for leaders and innovators in healthcare, has acquired BlocHealth, a leading clinician licensing, credentialing, and payer enrollment platform.
buyer: SteadyMD Inc.
SteadyMD is a B2B telehealth infrastructure provider that powers high-quality telehealth patient experiences for leaders and innovators in healthcare in all 50 states. "
target: BlocHealth
BlocHealth is a leading clinician licensing, credentialing, and payer enrollment platform. Through BlocHealth, clinicians and organizations can use their credentialing data to order multiple services at the click of a button.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/21/2020 via GlobeNewswire

RLDatix, acquired Verge Health

synopsis: RLDatix, the leading global provider of intelligent patient safety solutions, has acquired Verge Health, the leading provider of governance, risk and compliance solutions for healthcare. Verge Health empowers healthcare organizations to proactively protect and defend patients, caregivers, and facilities against errors and policy violations.
buyer parent: TA Associates
buyer: RLDatix
Toronto-based RLDatix helps organizations drive safer care by providing governance, risk and compliance tools that drive overall improvement and safety. Their suite of cloud-based software helps organizations report on adverse events, reduce healthcare-acquired infections and ensure patient safety. "
target: Verge Health
Verge Health is the leading provider of governance, risk and compliance solutions for healthcare. Verge Health's Converge Platform empowers healthcare organizations to proactively protect and defend patients, caregivers, and facilities against errors, adverse events, and policy violations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/14/2020 via PR Newswire

symplr, acquired The Patient Safety Company

synopsis: symplr, a leading healthcare governance, risk and compliance (GRC) software-as-a-service (SaaS) platform, has acquired The Patient Safety Company (TPSC) from Main Capital Partners, a Netherlands-based strategic investor. TPSC provides GRC solutions, centered around the improvement of patient safety, to healthcare organizations.
buyer parent: Clearlake Capital Group, L.P.
buyer: symplr
symplr is an industry leader in governance, risk and compliance SaaS solutions that help healthcare organizations mitigate risk and ensure compliance. symplr has a single mission: to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target parent: Main Capital Partners BV
target: The Patient Safety Company
The Patient Safety Company (TPSC) provides governance, risk and compliance solutions, centered around the improvement of patient safety, to healthcare organizations. Their innovative TPSC Cloud platform enables healthcare organizations to automate incident management, accreditation and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/16/2019 via BusinessWire

VerityStream, acquired CredentialMyDoc

synopsis: VerityStream, a subsidiary of HealthStream, has acquired CredentialMyDoc, a company that offers SaaS solutions that are intuitive, easy to use, and fast to implement, especially in ambulatory care settings. Its solutions are used to credential providers, enroll providers with payers for reimbursement, and apply and maintain privileges.
buyer parent: HealthStream, Inc.
buyer: VerityStream
VerityStream, a wholly owned subsidiary of HealthStream, delivers enterprise-class solutions that are transforming credentialing, enrollment, privileging, and evaluation for healthcare organizations across the United States. "
target parent: Covenant Technology Group, LLC
target: CredentialMyDoc
CredentialMyDoc offers Software-as-a-Service solutions that are intuitive, easy to use, and fast to implement, especially in ambulatory care settings. Its solutions are used to credential providers, enroll providers with payers for reimbursement, and apply and maintain privileges.
price ($mm)
$9.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/29/2019 via BusinessWire

Premier, Inc., acquired MedPricer.com

synopsis: Premier Inc., a healthcare improvement company, has acquired Medpricer to optimize healthcare provider savings for purchased services contracts. Medpricer's SaaS technology solutions enable hospitals and organizations to analyze, benchmark and source purchased services contracts independent of any existing group purchasing organization affiliation.
buyer: Premier, Inc. (PINC:$1,447.29)
Premier Inc. is a leading healthcare improvement company, uniting an alliance of more than 4,000 U.S. hospitals and health systems and approximately 175,000 other providers and organizations to transform healthcare. Premier enables better care and outcomes at a lower cost. "
target parent: Telegraph Hill Partners
target: MedPricer.com
Medpricer is a software-as-a-service (SaaS) provider of technology solutions that enable hospitals and other organizations to analyze, benchmark, and source purchased services contracts independent of any existing group purchasing organization (GPO) affiliation.
price ($mm)
$35
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/23/2019 via Company Press Release

CHG Healthcare Services, Inc., acquired Modio Health

synopsis: CHG Healthcare, one of the nation’s largest healthcare staffing companies, has acquired Modio Health, a cloud-based credentialing and career management solution for healthcare providers and organizations.
buyer: CHG Healthcare Services, Inc.
CHG Healthcare is a leader in healthcare staffing and the nation’s largest provider of locum tenens services. Through its trusted brands, the company provides temporary and permanent placement of physicians, allied health professionals, and nurses to healthcare facilities around the world. "
target: Modio Health
Modio Health is a cloud-based credentialing and career management solution for healthcare providers and organizations. Modio has more than 300 U.S.-based clients, including hospitals, medical groups, MSOs, revenue cycle firms, and pharmacies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/31/2019 via Company Press Release

AMN Healthcare Services, Inc., acquired Silversheet

synopsis: AMN Healthcare, the leader in healthcare workforce solutions and staffing services to healthcare facilities across the nation, has acquired Silversheet, an emerging, cloud-based provider of credentialing and privileging software and services.
buyer: AMN Healthcare Services, Inc. (AHS:$4,650.83)
AMN Healthcare is the leader in healthcare workforce solutions and staffing services to healthcare facilities across the nation. AMN Healthcare's workforce solutions enable providers to successfully reduce complexity, increase efficiency and improve patient outcomes. "
target: Silversheet
Silversheet is the all-in-one credentialing solution to help companies maintain a healthy and compliant facility. They are passionate about using software to empower administrators and providers to work more efficiently and deliver the best care.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/23/2018 via BNC Analysis

Clearlake Capital Group, L.P., will acquire symplr

synopsis: Clearlake Capital, a leading private investment firm founded in 2006, has entered into a definitive agreement agreement to acquire symplr, a leading healthcare governance, risk and compliance (GRC) software-as-a-service platform, from Pamlico Capital and The CapStreet Group.
buyer: Clearlake Capital Group, L.P.
Clearlake Capital Group, L.P. is a leading private investment firm. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach. "
target parent: Pamlico Capital
target: symplr
symplr is the leading healthcare GRC SaaS platform, offering provider management, credential management and payer enrollment services to over 1,500 customers representing more than 4,000 healthcare facilities in North America.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/10/2016 via BusinessWire

Echo, a HealthStream Company, acquired Morrisey Associates Inc.

synopsis: HealthStream Inc., through its wholly-owned subsidiary, Echo, Inc., acquired Morrisey Associates, Inc. Morrisey Associates’ web-based provider credentialing software streamlines the entire credentialing process, from onboarding through reappointment, by eliminating paper-based, manual administrative tasks.
buyer parent: HealthStream, Inc.
buyer: Echo, a HealthStream Company
Echo, a HealthStream Company, is a combination of two industry leading software development companies, HealthLine Systems and Sy.Med Development. It develops and supports a comprehensive solution set for healthcare provider credentialing, privileging, enrollment, referral, onboarding, and analytics."
target: Morrisey Associates Inc.
Morrisey Associates is a world-class healthcare solutions provider, offering integrated applications for practitioner credentialing and privileging, care management and practitioner performance reporting.
price ($mm)
$48
rev ($mm)
$13
EBITDA ($mm)
EV / rev
3.8x
EV / EBITDA
closed 4/5/2016 via Company Press Release

CACTUS Software merged with symplr,

synopsis: symplr®, a leading provider of Software as a Service (SaaS) based healthcare compliance and credentialing solutions, announced a merger with Cactus Software, a leader in the development and support of provider management software for hospitals, managed care organizations, CVOs, and physician groups.
buyer parent: CapStreet Partners
buyer: symplr
symplr is an industry leader in compliance and credentialing Software as a Service solutions that help healthcare organizations mitigate risk and ensure compliance. Their mission is to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target: CACTUS Software
Cactus Software has been the industry leader in credentialing software design and development since 1985. Cactus credentialing software is used by thousands of leading health care organizations, from small community hospitals to large managed care clients.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/4/2015 via Market Wire

symplr, acquired CBR Associates

synopsis: symplr announced that it has acquired CBR Associates, a provider of healthcare credentialing solutions headquartered in Durham, North Carolina. CBR Associates' PRIVplus, QUALCAREplus and RISKplus are affordable, user-friendly software applications for physician credentialing, risk management and quality management.
buyer parent: CapStreet Partners
buyer: symplr
symplr is an industry leader in compliance and credentialing Software as a Service solutions that help healthcare organizations mitigate risk and ensure compliance. Their mission is to make healthcare compliance and credentialing simpler for all constituents of the healthcare community. "
target: CBR Associates
Founded in 1981, CBR Associates develops comprehensive, user friendly software programs for physician credentialing, occurrence tracking and incident tracking. CBR is committed to offering affordable, leading edge solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/25/2014 via BNC Analysis

Main Capital Partners BV, acquired The Patient Safety Company

synopsis: Main Capital has acquired a majority stake in The Patient Safety Company (TPSC), a Dutch provider of governance, risk and compliance software to the healthcare sector. The Patient Safety Company Cloud was developed on the basis of extensive knowledge of efficient healthcare processes.
buyer: Main Capital Partners BV
Main Capital Partners is a private equity company with a dedicated focus on software markets and has top expertise in later-stage growth capital and small management buy-outs. "
target: The Patient Safety Company
The Patient Safety Company Cloud platform is the foundation of their services. The TPSC Cloud™ was developed on the basis of extensive knowledge of efficient healthcare processes. These processes are essential for achieving and maintaining the highest levels of quality and patient safety.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/16/2012 via BNC Analysis

CapStreet Partners, acquired Vendor Credentialing Service LLC

synopsis: The CapStreet Group has acquired Vendor Credentialing Services LLC, a Houston, Texas-based provider of web-based vendor credentialing, vendor compliance and vendor access solutions to healthcare facilities. No financial terms were disclosed.
buyer: CapStreet Partners
The CapStreet Group is a lower middle market private equity firm that typically invests in companies with enterprise values of less than $150 million. CapStreet primarily invests in businesses that were previously owned by entrepreneurs, families or other non-institutional investors. "
target: Vendor Credentialing Service LLC
Vender Credentialing Service (VCS) offers a web based vendor credentialing, vendor compliance and vendor access program to hospitals nationwide. Additionally, VCS offers a web based credential management program to suppliers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/7/2021 via Company Press Release

Craneware, Inc., will acquire Sentry Data Systems, Inc.

synopsis: Craneware plc is proposing to acquire Sentry Data Systems in a very positive development for both companies. Sentry, headquartered in Deerfield Beach, FL, is a leading provider of SaaS solutions which simplify the complexity of pharmacy procurement, utilization, and 340B compliance.
buyer: Craneware, Inc. (CRW.L:$42.44)
Craneware, based in Scotland, is the leader in automated revenue integrity solutions that improve financial performance for healthcare organizations. Its SaaS solutions help and healthcare providers effectively price, charge, and code for services and supplies associated with patient care. "
target parent: ABRY Partners, LLC
target: Sentry Data Systems, Inc.
Sentry Data Systems, Inc. provides technology solutions that help healthcare providers address their three biggest challenges: reducing total cost of care, managing compliance and producing better outcomes.
price ($mm)
$400
rev ($mm)
$92
EBITDA ($mm)
$23
EV / rev
4.3x
EV / EBITDA
17.4x
announced 5/6/2015 via PE Hub

ABRY Partners, LLC, will acquire Sentry Data Systems, Inc.

synopsis: ABRY Partners is buying Sentry Data Systems Inc., a provider of technology to help healthcare providers reduce costs. Deerfield Beach, Florida-based Sentry, a healthcare IT company, provides software that hospitals, clinics, integrated delivery networks and pharmacies use for analytics, procurement and compliance.
buyer: ABRY Partners, LLC
ABRY Partners is one of the most experienced and successful media, communications, business and information services focused private equity investment firms in North America. They invest in high quality companies and partner with management to help build their businesses. "
target: Sentry Data Systems, Inc.
Located in Deerfield Beach, Fla., Sentry Data Systems, Inc. provides technology solutions that help healthcare providers address their three biggest challenges: reducing total cost of care, managing compliance and producing better outcomes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/11/2017 via BusinessWire

TractManager, acquired MedApproved

synopsis: TractManager, the healthcare industry’s largest supplier of strategic sourcing and contract lifecycle management solutions, has acquired MedApproved, a company providing a SaaS-based, new product approval workflow solution to help hospitals review the thousands of products and services that physicians, nurses and staff request on a yearly basis.
buyer parent: Arsenal Capital Partners
buyer: TractManager
TractManager is a leading provider of healthcare technology, systems, and services, which include contract management, compliance, and business intelligence solutions. With its proprietary solution, MediTract, the company currently works with more than 6,000 healthcare facilities and 130,000 users. "
target: MedApproved
MedApproved is a company providing a SaaS-based, new product approval workflow solutions to help hospitals review the thousands of products and services that physicians, nurses and staff request on a yearly basis.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/25/2014 via BNC Analysis

Premier, Inc., acquired Aperek, Inc.

synopsis: Premier has signed a definitive agreement to acquire Aperek, Inc. (formerly Mediclick), a SaaS-based (software as a service) supply chain solutions company focused on purchasing workflow and analytics.
buyer: Premier, Inc. (PINC:$1,447.29)
Premier, Inc. is a leading healthcare improvement company, uniting an alliance of approximately 3,000 U.S. hospitals and 110,000 other providers to transform healthcare. Premier enables better care and outcomes at a lower cost. "
target: Aperek, Inc.
Aperek, Inc. is an SaaS-based supply chain solutions company focused on purchasing workflow and analytics. Aperek creates software packages for healthcare professionals to quickly and efficiently manage the daily operation of their facilities, increasing their bottom line in the process.
price ($mm)
$49
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/22/2012 via BusinessWire

HealthStream, Inc., acquired Sy.Med Development Inc.

synopsis: HealthStream, Inc., announced that its talent management strategy has been advanced with an innovative credentialing application gained through the acquisition of Sy.Med Development, Inc., a leading developer of credentialing related software products that serves a broad set of healthcare clients.
buyer: HealthStream, Inc. (HSTM:$258.61)
HealthStream's unified suite of software-as-a-service solutions are used by, collectively, approximately 2.8 million healthcare employees in the U.S. for training & learning management, talent management, performance assessment, and managing simulation-based education programs. "
target: Sy.Med Development Inc.
Sy.Med Development, Inc. is the nation’s leading developer of credentialing related software products and has more than 17 years of continuing growth. Sy.Med OneApp is the premier credentialing software solution for provider data management, enrollment, privileging and credentialing needs.
price ($mm)
$8.02
rev ($mm)
$4
EBITDA ($mm)
EV / rev
2.4x
EV / EBITDA
closed 11/20/2017 via PR Newswire

Change Healthcare Corporation, acquired Docufill, LLC

synopsis: Change Healthcare has acquired Docufill, LLC, a cloud-based technology that allows providers to use a single shared form across the organization to streamline the otherwise administratively complex and redundant credentialing process.
buyer parent: McKesson Corporation
buyer: Change Healthcare Corporation (CHNG:$196.79)
Change Healthcare is inspiring a better healthcare system. They leverage their software and analytics, network solutions, and technology-enabled services to help them improve efficiency, reduce costs, increase cash flow, and more effectively manage complex workflows. "
target: Docufill, LLC
Docufill, LLC is a cloud-based technology that allows providers to use a single shared form across the organization to streamline the otherwise administratively complex and redundant credentialing process.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Net Income ($mm)
Employees
189
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Ticker: OTCPK:IGMB.D
 
 
 
 
 
 
 
 
Clinigence, LLC.
Clinigence Holdings, a fully reporting, publicly-held company, is a leading healthcare information technology company providing an advanced, cloud-based platform that enables healthcare organizations to provide value-based care and population health management.
year
2018
rev ($mm)
$1.37
EBITDA ($mm)
($0.84)
EBIT ($mm)
($0.84)
Net Income ($mm)
Employees
0
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Ticker: PKS.ASX
 
 
 
 
 
 
 
 
Beamtree
Beamtree
Beamtree is an Australian listed company that helps health services make the best decisions possible through its insights and benchmarking. Beamtree's technologies analyse, interpret and help improve overloaded healthcare resources so they can run efficiently and effectively.
year
2021
rev ($mm)
$6.12
EBITDA ($mm)
($0.30)
EBIT ($mm)
($0.35)
Net Income ($mm)
Employees
0
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Ticker: ASX:VHT
 
 
 
 
 
 
 
 
Volpara Solutions
Volpara Solutions
Volpara Health Technologies Limited (VHT) is a New Zealand MedTech Software as a Service company. VHT is a leading provider of breast imaging analytics products that improve clinical decision-making and the early detection of breast cancer. Volpara Solutions is the sales and marketing arm of VHT.
year
2019
rev ($mm)
$3.29
EBITDA ($mm)
($7.96)
EBIT ($mm)
($8.08)
Net Income ($mm)
Employees
53
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Ticker: CERN
 
 
 
 
 
 
 
 
Cerner Corporation
Cerner Corporation
Cerner's health information technologies connect people, information, and systems. Cerner solutions assist clinicians in making care decisions and enable organizations to manage the health of populations.
year
2021
rev ($mm)
$5,707.53
EBITDA ($mm)
$1,462.77
EBIT ($mm)
$1,008.36
Net Income ($mm)
$522.26
Employees
26400
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Ticker: 300253
 
 
 
 
 
 
 
 
Shanghai Kingstar Winning Software Co., Ltd.
Shanghai Kingstar Winning Software is principally engaged in the development of medical software, the provision of technology services and the distribution of hardware products. They primarily offer software, including hospital information systems and public health information management systems.
year
2015
rev ($mm)
$98.42
EBITDA ($mm)
$14.01
EBIT ($mm)
$12.72
Net Income ($mm)
$21.57
Employees
454
  • drill down
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Ticker: STRM
 
 
 
 
 
 
 
 
Streamline Health
Streamline Health
Streamline Health Solutions, Inc. is a healthcare industry leader in capturing, aggregating, and translating enterprise data into knowledge­. Through their Looking Glass Platform they provide clients with meaningful, intelligent SaaS-based solutions from patient engagement to reimbursement.
year
2021
rev ($mm)
$11.45
EBITDA ($mm)
($5.90)
EBIT ($mm)
($6.45)
Net Income ($mm)
Employees
67
  • drill down
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Ticker: OM:RTC
 
 
 
 
 
 
 
 
Rethinking Care AB
Rethinking Care AB
Rethinking Care introduces a holistic concept in nursing & health, based on 3 interacting spheres of activity - "Software as a service", "Care as a service" & "Health as a service", based on a high level of competence in nursing & healthcare services as well as IT tools developed for health care.
year
2016
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
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Ticker: OTCQB: EHVVF
 
 
 
 
 
 
 
 
Ehave, Inc.
Ehave, Inc.
Ehave is a healthcare company developing a next generation of digital solutions for stakeholders in the medical cannabis and mental health sectors. Ehave’s health informatics platform efficiently captures high-quality, objective user data.
year
2020
rev ($mm)
EBITDA ($mm)
($2.05)
EBIT ($mm)
($2.85)
Net Income ($mm)
Employees
0
  • drill down
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Ticker: OB:CSAM
 
 
 
 
 
 
 
 
CSAM Health AS
CSAM Health AS
CSAM is a leading Norwegian company in the specialized eHealth market with a unique blend of best in class innovative technology, and outstanding human skills. Their diverse portfolio of software solutions enables healthcare providers to access relevant clinical information at the point of care.
year
2021
rev ($mm)
$34.31
EBITDA ($mm)
$3.97
EBIT ($mm)
($2.02)
Net Income ($mm)
Employees
282
  • drill down
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Ticker: CM:CLRX
 
 
 
 
 
 
 
 
CollabRX, Inc
CollabRX, Inc
CollabRx, Inc. is a recognized leader in cloud-based expert systems to inform healthcare decision-making. CollabRx uses information technology to aggregate and contextualize the world's knowledge on genomics-based medicine with specific insights from the nation's top cancer experts.
year
2014
rev ($mm)
$0.38
EBITDA ($mm)
($4.07)
EBIT ($mm)
($4.32)
Net Income ($mm)
Employees
1
  • drill down
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Ticker: MDRX
 
 
 
 
 
 
 
 
Allscripts
Allscripts
Allscripts is the leading provider of clinical software, connectivity and information solutions that physicians use to improve healthcare. The company's unique solutions inform, connect and transform healthcare, delivering improved care at lower cost.
year
2022
rev ($mm)
$1,503.04
EBITDA ($mm)
$351.13
EBIT ($mm)
$174.99
Net Income ($mm)
Employees
  • drill down
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Ticker: DB:COP
 
 
 
 
 
 
 
 
CompuGroup Medical AG
CompuGroup Medical AG
CompuGroup Medical is a leading global eHealth provider. Their software and communications solutions assist doctors, dentists, hospitals, pharmacists, associations, networks and other service providers with workflow, diagnosis and therapy.
year
2021
rev ($mm)
$1,095.90
EBITDA ($mm)
$165.94
EBIT ($mm)
$109.96
Net Income ($mm)
$71.13
Employees
8926
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Ticker: OMCL
 
 
 
 
 
 
 
 
Omnicell, Inc.
Omnicell, Inc.
Omnicell is a leading supplier of comprehensive automation and business analytics software for patient-centric medication and supply management across the entire health care continuum—from the acute care hospital setting to post-acute skilled nursing and long-term care facilities to the home.
year
2021
rev ($mm)
$914.37
EBITDA ($mm)
$99.36
EBIT ($mm)
$57.86
Net Income ($mm)
$35.01
Employees
2970
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Ticker: TRHC
 
 
 
 
 
 
 
 
Tabula Rasa Healthcare
Tabula Rasa Healthcare
Tabula Rasa HealthCare (TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk.
year
2022
rev ($mm)
$339.59
EBITDA ($mm)
($27.37)
EBIT ($mm)
($76.52)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: KERN
 
 
 
 
 
 
 
 
Akerna
Akerna
Akerna is an enterprise software company focused on compliantly serving the cannabis, hemp, and CBD industries. Using connected data and information to propel the cannabis industry forward, Akerna empowers businesses, governments, patients, and consumers to make smart decisions.
year
2020
rev ($mm)
$13.09
EBITDA ($mm)
($19.19)
EBIT ($mm)
($20.36)
Net Income ($mm)
Employees
136
  • drill down
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Ticker: OTCPK:SYPT
 
 
 
 
 
 
 
 
Scrypt {duplicate}
Scrypt builds secure cloud-based workflow management and collaboration tools for regulated industries. They help businesses operating in regulated industries improve document workflow and regain valuable time while protecting business-critical information.
year
2009
rev ($mm)
$0.27
EBITDA ($mm)
($0.86)
EBIT ($mm)
($0.92)
Net Income ($mm)
Employees
7
  • drill down
  • watch
Ticker: PKS.ASX
 
 
 
 
 
 
 
 
Beamtree
Beamtree
Beamtree is an Australian listed company that helps health services make the best decisions possible through its insights and benchmarking. Beamtree's technologies analyse, interpret and help improve overloaded healthcare resources so they can run efficiently and effectively.
year
2021
rev ($mm)
$6.12
EBITDA ($mm)
($0.30)
EBIT ($mm)
($0.35)
Net Income ($mm)
Employees
0
  • drill down
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Ticker: TSXV:NGH
 
 
 
 
 
 
 
 
Nightingale Informatix Corporation
Nightingale Informatix Corporation
For more than a decade, Nightingale has been delivering innovative cloud-based Electronic Health Record and Practice Management solutions to healthcare organizations across the United States and Canada. They create software that is truly intuitive—minimizing training and maximizing adoption.
year
2015
rev ($mm)
$9.64
EBITDA ($mm)
($1.47)
EBIT ($mm)
($2.00)
Net Income ($mm)
$1.47
Employees
120
  • drill down
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Ticker: OB:NORDH
 
 
 
 
 
 
 
 
Nordhealth AS
Nordhealth AS
Nordhealth AS is a provider of cloud-based Practice Management Software (PMS). Nordhealth is a pioneer and global leader in providing SaaS-solutions for healthcare practitioners, helping healthcare practitioners, improve care, save time and grow their business.
year
2021
rev ($mm)
$22.23
EBITDA ($mm)
($0.24)
EBIT ($mm)
($4.88)
Net Income ($mm)
Employees
300
  • drill down
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Ticker: TSXV:PHA
 
 
 
 
 
 
 
 
Premier Health of America Inc.
Premier Health of America Inc.
Premier Health of America is a Canadian Healthtech company that provides a comprehensive range of staffing and outsourced services solutions. Premier Health uses its PSweb platform to lead the healthcare services sector digital transformation to provide patients more accessible care services.
year
2020
rev ($mm)
$24.62
EBITDA ($mm)
$2.53
EBIT ($mm)
$2.36
Net Income ($mm)
$0.49
Employees
0
  • drill down
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Ticker: ZMD
 
 
 
 
 
 
 
 
ZoomMed Inc.
ZoomMed Inc.
Zoommed Inc. develops and markets various computer applications for healthcare professionals in Canada. The company builds and operates the ZoomMed Communication Network, a clinical interoperable information exchange network between physicians and various other stakeholders of the healthcare sector.
year
2014
rev ($mm)
$6.08
EBITDA ($mm)
$2.65
EBIT ($mm)
$2.78
Net Income ($mm)
Employees
40
  • drill down
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Ticker: KOSDAQ:A263700
 
 
 
 
 
 
 
 
Carelabs Co., Ltd.
Carelabs Co., Ltd.
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.
year
2019
rev ($mm)
$49.51
EBITDA ($mm)
$4.38
EBIT ($mm)
$3.14
Net Income ($mm)
$1.79
Employees
0
  • drill down
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Ticker: ASX:CGL
 
 
 
 
 
 
 
 
Citadel Group Limited
Citadel Group Limited
Citadel is a leading Australian technology and software company that specialise in secure enterprise information management in complex environments. Citadel provides secure information to support real-time decisions across the Health, National Security and Defence industries.
year
2019
rev ($mm)
$73.75
EBITDA ($mm)
$10.86
EBIT ($mm)
$8.04
Net Income ($mm)
$4.10
Employees
180
  • drill down
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Ticker: MTBC
 
 
 
 
 
 
 
 
Medical Transcription Billing, Corp.
Medical Transcription Billing, Corp.
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.
year
2019
rev ($mm)
$65.19
EBITDA ($mm)
$1.78
EBIT ($mm)
($1.62)
Net Income ($mm)
Employees
2400
  • drill down
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Ticker: CRW.L
 
 
 
 
 
 
 
 
Craneware, Inc.
Craneware, Inc.
Craneware, based in Scotland, is the leader in automated revenue integrity solutions that improve financial performance for healthcare organizations. Its SaaS solutions help and healthcare providers effectively price, charge, and code for services and supplies associated with patient care.
year
2012
rev ($mm)
$42.44
EBITDA ($mm)
$12.06
EBIT ($mm)
$10.80
Net Income ($mm)
$9.43
Employees
  • drill down
  • watch
Ticker: STRM
 
 
 
 
 
 
 
 
Streamline Health
Streamline Health
Streamline Health Solutions, Inc. is a healthcare industry leader in capturing, aggregating, and translating enterprise data into knowledge­. Through their Looking Glass Platform they provide clients with meaningful, intelligent SaaS-based solutions from patient engagement to reimbursement.
year
2021
rev ($mm)
$11.45
EBITDA ($mm)
($5.90)
EBIT ($mm)
($6.45)
Net Income ($mm)
Employees
67
  • drill down
  • watch