M&A Deal Summary

Cantata Health Solutions Acquires Geisler IT Services

On August 26, 2024, Cantata Health Solutions acquired information technology company Geisler IT Services

Acquisition Highlights
  • This is Cantata Health Solutions’ 1st transaction in the Information Technology sector.
  • This is Cantata Health Solutions’ 2nd transaction in the United States.
  • This is Cantata Health Solutions’ 2nd transaction in Ohio.

M&A Deal Summary
Date 2024-08-26
Target Geisler IT Services
Sector Information Technology
Buyer(s) Cantata Health Solutions
Deal Type Add-on Acquisition

Target

Geisler IT Services

Harrison, Ohio, United States
Geisler IT Services, provider of the Gosh System enables MCOs (Managed Care Organizations) to collaborate with service providers to enroll clients, confirm eligibility, submit, process, and adjudicate claims, and receive funding for services. Geisler IT Services is based in Harrison, Ohio.

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Buyer(S) 1

Buyer

Cantata Health Solutions

Austin, Texas, United States
Category Company
Founded 1976
Sector Software
DESCRIPTION

Cantata Health Solutions delivers award-winning software for acute, post-acute, and behavioral health facilities that are purpose-built to improve the health of the facilities and their patients. Cantata Health’s Revenue Cycle Management (RCM), financial management and Electronic Health Records (EHR) software are configurable to meet the unique needs of each facility or system; provide staff and administrators with greater visibility to patient care across the continuum of care; ensure predictable financial outcomes; improve back-office operations; clinical efficiency; and revenue recovery. Cantata Health Solutions was founded in 1976 and is based in Austin, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Ohio) 2 of 2
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 ProComp Software

Cincinnati, Ohio, United States

ProComp Software is a provider of Behavioral Healthcare software solutions for agencies and private practices. ProComp Software is based in Cincinnati, Ohio.

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