M&A Deal Summary

Carenet Healthcare Services Acquires HGS AxisPoint Health - Nurse Advice Line Services

On December 26, 2018, Carenet Healthcare Services acquired healthcare services company HGS AxisPoint Health - Nurse Advice Line Services from AxisPoint Health

Acquisition Highlights
  • This is Carenet Healthcare Services’ 1st transaction in the Healthcare Services sector.
  • This is Carenet Healthcare Services’ 1st transaction in the United States.
  • This is Carenet Healthcare Services’ 1st transaction in Colorado.

M&A Deal Summary

Date 2018-12-26
Target HGS AxisPoint Health - Nurse Advice Line Services
Sector Healthcare Services
Buyer(s) Carenet Healthcare Services
Sellers(s) AxisPoint Health
Deal Type Divestiture

Target

HGS AxisPoint Health - Nurse Advice Line Services

Westminster, Colorado, United States
HGS AxisPoint Health - Nurse Advice Line Services is a provider of health care services in Westminster, Colorado.

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Buyer(S) 1

Buyer

Carenet Healthcare Services

San Antonio, Texas, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Carenet Healthcare Services is a provider of healthcare engagement services and 24/7 access to medical care. Carenet's engagement specialists, care coordinators, and registered nurses support more than 50 million healthcare consumers on behalf of 100+ of the nation's premier health plans, providers, health systems and Fortune 500 organizations. Carenet Healthcare Services is based in San Antonio, Texas.


DEAL STATS #
Overall 1 of 4
Sector: Healthcare Services M&A 1 of 2
Type: Divestiture M&A Deals 1 of 3
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 4
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-04 OpenMed

Miami, Florida, United States

OpenMed is a digital innovator in closing care gaps, enabling access to care and supporting real-time collaboration between healthcare payers/risk-bearing entities (RBOs) and providers. OpenMed’s SaaS-based, programmatic access-to-care platform connects physicians, patients, health plans, labs, and other healthcare entities via mobile apps, texts, email, interactive voice response, and live/phone communications. The company's platform enables appointment scheduling, reverse scheduling, directives, and requisition services closely connecting patients, services, providers, and payers. It also offers an on-demand telehealth solution. OpenMed was formed in 2015 and is based in Miami, Florida.

Buy -

Seller(S) 1

SELLER

AxisPoint Health

Westminster, Colorado, United States

Category Company
Sector Healthcare Services
Employees400
DESCRIPTION

CMH Services Subsidiary LLC is a health care management company focused on care management,nurse advice line and analytics services, including CarePoint, GuidePoint and Analytix.


DEAL STATS #
Overall 2 of 2
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Colorado M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-03 AxisPoint Health - Platform Business

Westminster, Colorado, United States

AxisPoint Health - Platform Business including CarePoint, GuidePoint, and Analytix which provides of care management platforms and applications in the United States.

Sell -