M&A Deal Summary

Constellation Healthcare Technologies Acquires NorthStar First Health

On September 16, 2015, Constellation Healthcare Technologies acquired business services company NorthStar First Health for 18M USD

Acquisition Highlights
  • This is Constellation Healthcare Technologies’ 2nd transaction in the Business Services sector.
  • This is Constellation Healthcare Technologies’ 3rd largest (disclosed) transaction.
  • This is Constellation Healthcare Technologies’ 2nd transaction in the United States.
  • This is Constellation Healthcare Technologies’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2015-09-16
Target NorthStar First Health
Sector Business Services
Buyer(s) Constellation Healthcare Technologies
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

NorthStar First Health

New Jersey, United States
NorthStar First Health LLC is a New Jersey based Revenue Cycle Management (“RCM”) business with a presence in Michigan, Texas and Illinois. The company is based in New Jersey.

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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 2 of 5
Sector (Business Services) 2 of 4
Type (Add-on Acquisition) 2 of 5
State (New Jersey) 1 of 2
Country (United States) 2 of 5
Year (2015) 2 of 3
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-17 Physicians Practice Plus.

New York, New York, United States

Physicians Practice Plus. Inc. is a New York-based collection of Revenue Cycle Management (“RCM”) businesses for healthcare providers. PPP has developed a sophisticated technology platform that is highly complementary with Pegasus, CHT’s existing proprietary business intelligence platform. PPP’s automation and workflow tools will provide a stronger management and control capability to existing CHT billing operations

Buy $20M
FOLLOWING 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
Mergr

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