M&A Deal Summary

GHR Healthcare Acquires GHR RevCycle Workforce

On January 8, 2020, GHR Healthcare acquired business services company GHR RevCycle Workforce from HCTec

Acquisition Highlights
  • This is GHR Healthcare’s 1st transaction in the Business Services sector.
  • This is GHR Healthcare’s 1st transaction in the United States.
  • This is GHR Healthcare’s 1st transaction in Florida.

M&A Deal Summary

Date 2020-01-08
Target GHR RevCycle Workforce
Sector Business Services
Buyer(s) GHR Healthcare
Sellers(s) HCTec
Deal Type Divestiture

Target

GHR RevCycle Workforce

Tampa, Florida, United States
GHR RevCycle Workforce provides exclusively on revenue cycle improvement solutions for hospitals and healthcare organizations across the country. GHR RevCycle Workforce was established in 2012 and is based in Tampa, Florida.

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Buyer(S) 1

Buyer

GHR Healthcare

Blue Bell, Pennsylvania, United States

Category Company
Founded 1993
Sector Staffing
DESCRIPTION

GHR Healthcare is the parent company to a family of operating brands focused on the healthcare facility and community-based staffing: General Healthcare Resources, GHR Travel Nursing, GHR RevCycle Workforce, GHR Education, GHR Human Services, GHR Technology and GHR Search. Through these brands, GHR Healthcare provides a variety of workforce solutions, including local long-term contract, travel, per diem, MSP and direct hire services to clients nationwide. GHR Healthcare was established in 1993 and is based in Blue Bell, Pennsylvania.


DEAL STATS #
Overall 1 of 4
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Florida M&A 1 of 2
Country: United States M&A 1 of 4
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-30 Meleeo

Odessa, Florida, United States

Meleeo focuses on staff augmentation, streamlining processes and mid-revenue cycle solutions, and helping improve the overall health of a healthcare system's revenue cycle. Meleeo was founded in 2015 and is based in Odessa, Florida.

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Seller(S) 1

SELLER

HCTec

Brentwood, Tennessee, United States

Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

HCTec is a full-service Healthcare IT (HIT) and Health Information Management (HIM) solutions provider. HCTec’s consultants have completed numerous clinical IT assignments, including EHR/EMR implementations, Epic and Cerner Go-Lives, and legacy system support, with marquee health systems nationwide. HCTec was founded in 2010 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-02 Hims Consulting Group

Steamboat Springs, Colorado, United States

Hims Consulting Group, Inc. is a healthcare IT professional services firm that understands the unique complexity and evolving demands of healthcare information technology. HIMS Consulting Group identifies and develops many of the industry’s Healthcare IT experts. HIMS’ network of consultants are dedicated to delivering value, guidance, and vision to any clinical, financial, and information system implementation, upgrade, or conversion.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-12 Talon Healthy IT Services

Winston-Salem, North Carolina, United States

Talon Healthy IT Services is a provider in managed IT helpdesk services, regularly rated by independent research organization KLAS as a top performer in help desk services for clinicians, IT resources, and patients. Talon Healthy IT Services was founded in 2014 and is based in Winston-Salem, North Carolina.

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