M&A Deal Summary

Constellation Healthcare Technologies Acquires MDRX Medical Billing

On February 10, 2016, Constellation Healthcare Technologies acquired business services company MDRX Medical Billing for 28M USD

Acquisition Highlights
  • This is Constellation Healthcare Technologies’ 3rd transaction in the Business Services sector.
  • This is Constellation Healthcare Technologies’ largest (disclosed) transaction.
  • This is Constellation Healthcare Technologies’ 4th transaction in the United States.

M&A Deal Summary

Date 2016-02-10
Target MDRX Medical Billing
Sector Business Services
Buyer(s) Constellation Healthcare Technologies
Deal Type Add-on Acquisition
Deal Value 28M USD

Target

MDRX Medical Billing

United States
MDRX Medical Billing LLC is a healthcare service provider primarily in the billing practice management and healthcare consulting space.

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Buyer(S) 1

Buyer

Constellation Healthcare Technologies

Houston, Texas, United States

Category Company
Founded 1984
Sector Information Technology
Revenue 77M USD (2015)
DESCRIPTION

Constellation Healthcare Technologies is one of the largest RCM providers in the United States giving very broad, deep experience in the all revenue cycle functions including all aspects of billing, coding & compliance. Company are strategically organized into nimble client focused teams that ensure every client gets the personalized service and attention that is expected from an agile in-house operation


DEAL STATS #
Overall 4 of 5
Sector (Business Services) 3 of 4
Type (Add-on Acquisition) 4 of 5
Country (United States) 4 of 5
Year (2016) 1 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-18 Phoenix Health

New Jersey, United States

Phoenix Health LLC is a New Jersey based group of Revenue Cycle Management (“RCM”) businesses as well as a national clearing house that operates in the worker’s compensation and automobile claims processing vertical for healthcare providers.

Buy $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-23 VEGA Medial Professionals

United States

VEGA is a Revenue Cycle Management business focused on hospitals and independent practicing physician groups. VEGA has a strong management team who will add valuable expertise and experience to CHT's platform.

Buy -