M&A Deal Summary

MultiCare Health System Acquires McKinnis Consulting Services

On January 1, 2009, MultiCare Health System acquired business services company McKinnis Consulting Services

Acquisition Highlights
  • This is MultiCare Health System’s 1st transaction in the Business Services sector.
  • This is MultiCare Health System’s 1st transaction in the United States.
  • This is MultiCare Health System’s 1st transaction in Illinois.
Investment Fate
  • McKinnis Consulting Services was sold to a strategic buyer in 2014.
  • McKinnis Consulting Services was sold to a strategic buyer in 2016 for 49M USD.

M&A Deal Summary

Date 2009-01-01
Target McKinnis Consulting Services
Sector Business Services
Buyer(s) MultiCare Health System
Deal Type Add-on Acquisition

Target

McKinnis Consulting Services

Chicago, Illinois, United States
McKinnis Consulting Services LLC is a provider of revenue cycle assessment, strategy, and optimization assistance for healthcare providers.

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Buyer(S) 1

Buyer

MultiCare Health System

Tacoma, Washington, United States

Category Company
Founded 1882
Sector Healthcare Services
DESCRIPTION

MultiCare Health System, Inc. is an integrated delivery system comprised of five hospitals and an extensive network of employed providers that provide care to communities in the south Puget Sound area of Washington state.


DEAL STATS #
Overall 1 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2009 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-01 Auburn Regional Medical Center

Auburn, Washington, United States

Auburn Regional Medical Center is a 213-bed acute care hospital located in Auburn, Washington. Its services include acute rehabilitation, anesthesiology, behavioral health, cancer/oncology, diabetes management, diagnostic imaging, emergency services.

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