M&A Deal Summary

Clinigence Holdings Acquires ProCare Health

On May 21, 2021, Clinigence Holdings acquired business services company ProCare Health

Acquisition Highlights
  • This is Clinigence Holdings’ 1st transaction in the Business Services sector.
  • This is Clinigence Holdings’ 3rd transaction in the United States.
  • This is Clinigence Holdings’ 1st transaction in California.

M&A Deal Summary

Date 2021-05-21
Target ProCare Health
Sector Business Services
Buyer(s) Clinigence Holdings
Deal Type Add-on Acquisition

Target

ProCare Health

Garden Grove, California, United States
ProCare Health is a management services organization ("MSO") that currently provides services for four independent physician associations ("IPAs") in Southern and Northern California. ProCare provides claims administration, compliance, credentialing, quality management, utilization management, contracting, provider relations, member services, care management, coding optimization, and financial reporting services, among other services. ProCare Health was founded in 2011 and is based in Garden Grove, California.

Search 214,356 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Clinigence Holdings

Fort Lauderdale, Florida, United States

Category Company
Founded 2010
Sector Information Services
DESCRIPTION

Clinigence Holdings is a technology-enabled, risk-bearing population health management company. The company includes an advanced, cloud-based platform that enables healthcare organizations to provide value-based care and population health management. The Clinigence platform aggregates clinical and claims data across multiple settings, information systems and sources to create a holistic view of each patient and provider and virtually unlimited insights into patient populations. The company also owns and operates a provider network of 141 primary care physicians and over 600 specialists in Los Angeles, California with 22,000 patients and has an investment in an accountable healthcare organization ("ACO") in South Florida with 15,600 Medicare patients through a network of 65 providers. Clinigence Holdings


DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 Accountable Healthcare

Fort Lauderdale, Florida, United States

Accountable Healthcare is a technology-enabled population health management company. Accountable Healthcare was founded in 2014 and is based in Fort Lauderdale, Florida.

Buy -