Tendo Acquires Patient Engagement Platform MDsave
Philadelphia, Pennsylvania-based Tendo announced on September 27 that it is acquiring MDsave in Brentwood, Tennessee for an undisclosed price. MDsave was advised in this transaction by Harpeth Capital, LLC. MDsave, Inc. develops online platforms which connect uninsured patients, health savings accounts and high deductible insurance patients with medical providers who offer discounted medical services. Tendo is a digital engagement software platform connecting patients, clinicians and caregivers. The company was founded in 2020. The acquisition extends Tendo’s platform and applications to include MDsave’s marketplace, enabling patients to easily seek, schedule,... Read More »
iCoreConnect Buys RCM Provider Preferred Dental Services
iCoreConnect has announced the acquisition Preferred Dental Services’ assets for an undisclosed price. Headquartered in Flushing, New York, Preferred Dental Services provides dental billing, claims and insurance management services. iCoreConnect Inc. is a cloud-based software and technology company providing secure, HIPPA compliant communication and healthcare practice management services. According to its most recent financial report, for FY 2022 iCoreConnect had revenue of $7.99 million. According to data captured in the LevinPro HC database, this acquisition represents the 189th eHealth transaction of 2023 and the 43rd in the revenue cycle management (RCM) specialty. This is... Read More »
NextGen Healthcare Inks $1.6 Billion Sale to PE Firm Thoma Bravo
Private equity group Thoma Bravo has entered into an agreement to acquire NextGen Healthcare, Inc. for approximately $1.61 billion. Under the terms of the agreement, NextGen Healthcare shareholders will receive $23.95 per share in cash. NextGen Healthcare is an American software and services company headquartered in Atlanta, Georgia. The company develops and sells electronic health record (EHR) software and practice management systems to the healthcare industry. According to its most recent financial report, the company’s revenue for the fiscal year ended March 31, 2022 was $596.4 million. Thoma Bravo is a leading private equity investment firm building on a 30-plus year... Read More »
Abbott Signs Definitive Agreement to Acquire Bigfoot Biomedical
Abbott has entered a definitive agreement for the acquisition of Bigfoot Biomedical Inc. for an undisclosed price. Bigfoot Biomedical is a medical technology start-up headquartered in Milpitas, California, founded by a team of people with personal connections to type 1 and type 2 diabetes. One of its lead products is Bigfoot Unity, a smart insulin management system. It features connected insulin pen caps that use continuous glucose monitoring data and healthcare provider instructions. The system is indicated for use by people aged 12 years and older with diabetes who need multiple insulin injections every day. Abbott manufactures and sells healthcare products worldwide... Read More »
PracticeTek Merges with Integrated Practice Solutions
PracticeTek announced on September 5 that it merged with Integrated Practice Solutions (IPS) for an undisclosed price. The combined company will retain the PracticeTek brand. IPS is a retail healthcare software company, with product lines in the segments of chiropractic, optometry and speech therapies. IPS provides mission-critical practice management, electronic health record, integrated payments and revenue cycle management solutions to help specialty healthcare providers streamline operations, improve patient care and increase practice profitability. PracticeTek is a Knoxville, Tennessee-based investment firm that targets healthcare software companies. The company is backed... Read More »Schedule a demo
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