EvidenceCare Acquires Agathos in Second Transaction
Brentwood, Tennessee-based EvidenceCare announced that it has acquired Agathos in Boulder, Colorado. The purchase price was not disclosed. Agathos is a healthcare IT and physician analytics company. Its mission is to organize health data, generate care insights and improve patient outcomes. EvidenceCare is the leading clinical decision support system with an electronic health record-integrated platform that optimizes clinician workflows to deliver better patient care, reduce hospital costs and capture more revenue. This marks EvidenceCare’s second acquisition in its history. The company also acquired Healthcare Value Analytics in 2021. That deal was how EvidenceCare was introduced to... Read More »
ModMed Announces Significant Majority Growth Investment from Clearlake Capital
ModMed announced that it has received a significant majority growth investment from Clearlake Capital Group, L.P. The buyout values the company at $5.3 billion, including debt. ModMed empowers medical practices to grow and scale by delivering better patient experiences with cloud, data and AI technologies. Leveraging extensive clinical data sets, the company designs software solutions to simplify, automate and streamline clinical workflows and drive practice efficiency. With specialty-specific electronic health records, practice management, revenue cycle management and analytics solutions, as well as products for patient engagement, payment processing and marketing, ModMed is trusted by... Read More »
CareCloud Rekindles M&A Efforts with MesaBilling Acquisition
After a brief pause in deal making, CareCloud, Inc. is back in buying mode with an acquisition in the revenue cycle management (RCM) space. CareCloud announced the successful purchase of Mesa, LLC, doing business as MesaBilling, marking its first acquisition since Q2 2021. MesaBilling is a Brookfield, Wisconsin-based company that is focused on making medical billing easier. The company reports financial, insurance carrier and patient claim information. CareCloud is a publicly traded American healthcare information technology company that provides services to healthcare providers and hospitals. CareCloud’s suite of technology-enabled solutions helps clients increase financial and... Read More »
Lohmann & Rauscher Acquires German Telemedicine Company OnlineDoctor
Lohmann & Rauscher (L&R) announced on February 26 that it has acquired telemedicine company OnlineDoctor AG. This acquisition of a digital health start-up marks the first in L&R’s corporate history. OnlineDoctor is a provider of teledermatology in Switzerland and Germany, offering digital skin diagnoses by medical specialists. With around 800 dermatologists and partnerships with pharmacies and health insurance companies, OnlineDoctor enables rapid diagnoses. L&R is a German-Austrian manufacturer of medical devices and hygiene products. The company is a result of a merger in 1998 between Lohmann (established in 1851) and Rauscher (formed in 1899). L&R’s... Read More »
EXA Capital Acquires EHR Company PrecisionCare
EXA Capital has announced the acquisition of PrecisionCare for an undisclosed price. This acquisition strengthens EXA Capital’s presence in the healthcare technology sector and expands its portfolio into the space of care management solutions. Founded in New York in 1999, PrecisionCare provides a SaaS platform specializing in electronic health records (EHR) and care management solutions for the behavioral health and long-term care industries. EXA Capital is a long-term focused acquirer and operator of software companies. Founded in 2020, EXA focuses on a buy-and-hold forever strategy for enterprise software companies. EXA Capital is committed to preserving the mission, values and... Read More »Schedule a demo
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