What Types of Transactions Could be Right for my Healthcare Services Business?– Episode 3 of Provident’s Healthcare Dealcast
Q2-2018 Healthcare IT Update-With the growing transition towards value-based care and need for IT infrastructure across the industry, consolidators and investors are continuing to target Healthcare Information Technology (HCIT) companies, through mergers and acquisitions, as they seek more effective approaches to patient engagement solutions.
Intelemage, a global pioneer in medical image sharing and workflow management, has been acquired by Medidata. Medidata plans to integrate Intelemage’s technology into the Medidata Clinical Cloud®, its industry-leading SaaS platform. This will offer customers an end-to-end solution to capture, manage, and analyze medical imaging data.
Transaction Advisory – 6N Systems, Inc. (6N), a subsidiary of Village Care Of New York, Inc. (VillageCare), has been acquired by SigmaCare. SigmaCare is a portfolio company of Marlin Equity Partners. 6N provides a fully integrated suite of Electronic Medical Record (EMR) and financial software for the long term care market, allowing an organization to track and measure performance for financial health; identify and address issues for improved quality; and better manage clinical and financial outcomes.