LeanTaaS Acquires Hospital IQ Creating $1 Billion Company

LeanTaaS Acquires Hospital IQ Creating $1 Billion Company

LeanTaaS acquired Hospital IQ in a transaction that will create a combined company valued at more than $1 billion. Hospital IQ is a predictive analytics platform used by hospitals to optimize operational efficiency. LeanTaaS is a healthcare software and analytics company used by 150 health systems. According to data captured in the LevinPro HC database, this acquisition represents the fourth eHealth deal of 2023. There were 321 eHealth transactions recorded in 2022. Read More »
Planet DDS Acquires Cloud 9 Software

Planet DDS Acquires Cloud 9 Software

Planet DDS has acquired Cloud 9 Software from Accel-KKR, an investment firm focused on software and tech-enabled businesses. Founded in 2009, Cloud 9 Software is a 100% cloud-based practice optimization platform. Headquartered in Roswell, Georgia, Cloud 9 serves more than 2,900 locations with thousands of providers and millions of patients. Newport Beach, California-based Planet DDS is a provider of cloud-enabled dental software solutions serving more than 10,000 practices in North America with more than 60,000 users. Planet DDS is backed by Level Equity, a private investment firm focused on providing capital to rapidly growing software and technology-driven businesses, and Aquiline... Read More »
Cressey & Company, Health Enterprise Partners Acquire The InterMed Group

Cressey & Company, Health Enterprise Partners Acquire The InterMed Group

Cressey & Company LP and Health Enterprise Partners (HEP) announced on January 5 that funds affiliated with the two private equity firms have acquired The InterMed Group, a provider of healthcare technology management services, from Granite Bridge Partners. Harris Williams LLC served as financial advisor to InterMed. Terms of the deal were not disclosed. The partnership with Cressey and HEP will expand InterMed’s ability to help hospitals and healthcare systems manage inventories of complex medical equipment efficiently and cost effectively. The InterMed Group provides end-to-end healthcare technology and equipment management services to hospitals and health systems across the... Read More »
Planet DDS Acquires Cloud 9 Software

Echo Health Acquires Prelude Software

Echo Health, Inc. announced on January 5 that it acquired Prelude Software for an undisclosed amount.  Prelude Software is the provider of the disbursement-hub solution PayPilot, a platform that helps carriers extend the capabilities of their systems, including claims, billing, policy and other applications by centralizing and streamlining security and control of outbound payments. Echo Health is a Westlake, Ohio-based health care payment technology and services provider. The acquisition will combine Prelude’s PayPilot solution and Echo’s digital payment platform.  According to data captured from the LevinPro HC database, this acquisition represents the first eHealth transaction... Read More »
Planet DDS Acquires Cloud 9 Software

EverService Acquires Mid-State Communications

EverService Holdings, LLC announced that it closed its acquisition of Manchester, Tennessee-based Mid-State Communications on December 14.  Mid-State Communications provides medical answering, emergency dispatch, employee reporting, virtual receptionist, appointment scheduling and patient intake services to increase client revenue and improve patient experience. EverService focuses on end-to-end solutions specialized for the legal, medical, home services, retail and technology industries integrated with clients’ customer relationship management, electronic health records and operational systems. The company is based in Phoenix, Arizona.  The acquisition of Mid-State... Read More »
Planet DDS Acquires Cloud 9 Software

Carenet Health Acquires Stericycle Communication Solutions

Carenet Health has acquired Stericycle Communication Solutions. The combined entity provides 1 in 3 Americans with access to Carenet offerings and works with 14 of the top 20 health systems in the United States, as well as 1,000 other healthcare companies. Terms of the deal were not disclosed. Carenet provides healthcare engagement services and 24/7 access to medical care by arranging transportation, organizing home health support and equipment and explaining the benefits of exams and immunizations. Carenet is headquartered in San Antonio, Texas, with additional office locations in New Mexico, Maine and the Philippines. Stericycle Communication Solutions is a provider of patient engagement... Read More »