Corum has seen exceptional activity in the health technology sector this year - with multiple deals closing and several more queued for acquisition in the upcoming months.
On the heels of our recently announced sale of American Health Technology to Healthland (targeting EHR for post-acute facilities), we’ve closed 2 more Corum clients in the medical technology sector: The first is Fastrack Healthcare Systems, which has been acquired by Thoma Bravo-backed Mediware Information Systems. Fastrack’s expertise in software solutions for home medical equipment and home infusion therapy complements Mediware’s established position in the homecare market - adding more than 300 new customers and Fastrack’s related expertise, products, services and contracts. The second is the sale of Data Strategies (AKA MDSuite), which was acquired by Integrated Solutions Group, the Hutchinson, Kansas-based parent company of Professional Data Services. This acquisition will significantly grow the company's foothold in the electronic health records industry and position it as a national player within the ambulatory medical practice community.
We have 3 more health technology companies in market now, and are experiencing high levels of interest from both strategic and financial buyers. If you’re situated in this particularly active sector, it’s an excellent time to be considering your M&A options. Please contact us to discuss the healthcare market and the transactional specifics related to your company.
Please tune into an upcoming Industry Spotlight entitled “A Healthy Market: M&A for Healthcare Software and Technology” to be held on Sept. 24, hosted by World Financial Symposiums. I’ll be one of the presenters. You can find out more about it and register here.