M&A Deal Summary

Carrus Acquires Panacea Healthcare Solutions - Revenue Capture and Coding & Documentation Division

On February 2, 2017, Carrus acquired information technology company Panacea Healthcare Solutions - Revenue Capture and Coding & Documentation Division from Panacea Healthcare Solutions

Acquisition Highlights
  • This is Carrus’ 1st transaction in the Information Technology sector.
  • This is Carrus’ 4th transaction in the United States.
  • This is Carrus’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2017-02-02
Target Panacea Healthcare Solutions - Revenue Capture and Coding & Documentation Division
Sector Information Technology
Buyer(s) Carrus
Sellers(s) Panacea Healthcare Solutions
Deal Type Divestiture

Target

Panacea Healthcare Solutions - Revenue Capture and Coding & Documentation Division

Saint Paul, Minnesota, United States
Panacea Healthcare Solutions - Revenue Capture and Coding & Documentation Division is a provider of end-to-end education, consulting and data analytics solutions to the revenue cycle and healthcare financial marketplaces.

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Buyer(S) 1

Buyer

Carrus

Lehi, Utah, United States
Category Company
Founded 1992
Sector Internet Software and Services
DESCRIPTION

Carrus is a provider of online competency-driven education courses to students throughout the United States and in several foreign countries. Carrus was established in 1992 and is based in Lehi, Utah.

DEAL STATS #
Overall 4 of 5
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 2
Country (United States) 4 of 5
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-03 Medic-CE.com

Houston, Texas, United States

Medic-CE.com LLC is an online continuing education for EMS and firefighting professionals. The company also offers the Code3 CME Virtual Instructor-Led Training (VILT) Solution and the option for departments to add their own in-house continuing education and instructor-led courses to its sophisticated yet simple learning platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-31 Archetype Innovations

Duluth, Minnesota, United States

Archetype Innovations provides digital platform-based learning to the medical educational field through patient cases and content, all within a multidisciplinary and interprofessional educational EHR. Archetype Innovations was founded in 2008 and is based in Duluth, Minnesota.

Buy -

Seller(S) 1

SELLER

Panacea Healthcare Solutions

Saint Paul, Minnesota, United States
Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

Panacea Healthcare Solutions, Inc. is a provider of expert coding, compliance, financial consulting and information technology to hundreds of healthcare providers and organizations each year to proactively maintain compliance and identify risk and new incremental net revenue opportunities. Panacea Healthcare Solutions was founded in 2003 and is based in Saint Paul, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-17 KA Consulting

East Windsor, New Jersey, United States

KA Consulting is a provider of eligibility, clinical coding and auditing, and revenue integrity solutions to U.S.-based hospitals and healthcare systems. KA Consulting was formed in and is headquartered in East Windsor, New Jersey.

Buy -
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