M&A Deal Summary

Accuro Healthcare Solutions Acquires CodeCorrect

On March 1, 2006, Accuro Healthcare Solutions acquired software company CodeCorrect from United Communications Group

Acquisition Highlights
  • This is Accuro Healthcare Solutions’ 1st transaction in the Software sector.
  • This is Accuro Healthcare Solutions’ 2nd transaction in the United States.
  • This is Accuro Healthcare Solutions’ 1st transaction in Washington.

M&A Deal Summary

Date 2006-03-01
Target CodeCorrect
Sector Software
Buyer(s) Accuro Healthcare Solutions
Sellers(s) United Communications Group
Deal Type Divestiture

Target

CodeCorrect

Yakima, Washington, United States
CodeCorrect, LLC offers a set of web-based coding tools to help hospitals and physicians streamline the reimbursement process and optimize revenue.

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Buyer(S) 1

Buyer

Accuro Healthcare Solutions

Dallas, Texas, United States

Category Company
Founded 2004
Sector Healthcare Services
DESCRIPTION

Accuro Healthcare Solutions Provider of claims reimbursement and contract management solutions


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-19 Innovative Health Solutions

Red Bank, New Jersey, United States

Innovative Health Solutions LLC develops solutions for coding, compliance, reimbursement and information management for many of the country's most recognized healthcare organizations.

Buy -

Seller(S) 1

SELLER

United Communications Group

Gaithersburg, Maryland, United States

Category Company
Founded 1977
Sector Information Services
DESCRIPTION

UCG is a diversified business information company that serves numerous vertical markets.


DEAL STATS #
Overall 1 of 2
Sector: Software M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
State: Washington M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-11 OPIS

Rockville, Maryland, United States

OPIS is a provider of oil industry pricing, news, analysis, and software. OPIS also provides edge software solutions for petroleum marketers looking to automate price collection, data storage, and repricing of dealer and commercial accounts. OPIS was founded in 1977 and is headquartered in Rockville, Maryland.

Sell $650M