M&A Deal Summary

AccessDX Laboratory Acquires 2bPrecise

On August 25, 2021, AccessDX Laboratory acquired life science company 2bPrecise from Veradigm

Acquisition Highlights
  • This is AccessDX Laboratory’s 1st transaction in the Life Science sector.
  • This is AccessDX Laboratory’s 1st transaction in the United States.
  • This is AccessDX Laboratory’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2021-08-25
Target 2bPrecise
Sector Life Science
Buyer(s) AccessDX Laboratory
Sellers(s) Veradigm
Deal Type Divestiture

Target

2bPrecise

Pittsburgh, Pennsylvania, United States
2bPrecise platform consumes genetic/genomic data from molecular labs and clinical information from EHRs, synthesizing them into a clinical-genomic ontology. It brings the resulting precision medicine insights into a physician’s EHR workflow for immediate and timely use. With discrete test results consolidated into an invaluable data set, provider organizations are equipped to drive efficient workflows for genomic workflows and decision-making, extract population analytics, design clinical intervention programs, build cohorts for trial recruitment, enable participation in research studies, and more. 2bPrecise was formed in 2016 and is based in Pittsburgh, Pennsylvania.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

AccessDX Laboratory

Houston, Texas, United States
Category Company
Sector Life Science
DESCRIPTION

AccessDX Laboratory is a CLIA-certified, CAP-accredited, and NYCQ diagnostic laboratory dedicated to providing clinical insights that improve patient outcomes. AccessDX diagnostic solutions include COVID-19 testing, pharmacogenomic (PGX) testing, cancer genomic (CGX) testing, respiratory pathogen panels, and a wide range of other clinical laboratory services. AccessDX diagnostic and software solutions are currently trusted by thousands of clinical providers in health systems nationwide. AccessDX Laboratory is based in Houston, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Veradigm

Chicago, Illinois, United States
Category Company
Founded 1986
Sector Information Technology
Employees8,000
Revenue 1.5B USD (2021)
DESCRIPTION

Veradigm is a provider of healthcare information technology solutions that advance clinical, financial and operational results. Veradigm was incorporated in 1986 and is based in Chicago, Illinois.

DEAL STATS #
Overall 5 of 6
Sector (Life Science) 1 of 1
Type (Divestiture) 5 of 6
State (Pennsylvania) 1 of 1
Country (United States) 5 of 6
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-13 CarePort Health

Boston, Massachusetts, United States

CarePort Health is a care coordination network with thousands of providers connected across the U.S. The end-to-end platform bridges acute and post-acute EHR data, providing visibility into the entire patient journey for providers, physicians, payers and ACOs. With CarePort, healthcare professionals can efficiently and effectively coordinate patient care to better track and manage patients as they move through the continuum. CarePort Health was established in 2012 and is based in Boston, Massachusetts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-02 Allscripts Healthcare - Hospitals & Large Physician Practices

Chicago, Illinois, United States

The Hospitals and Large Physician Practices business segment includes the Sunrise, Paragon, Allscripts TouchWorks, Allscripts Opal, STAR, HealthQuest, and dbMotion solutions.

Sell $700M
Mergr

Product

Company

Legal