Add-on Acquisition • Business Services

Edifecs Acquires Health Fidelity

On November 22, 2021, Edifecs acquired business services company Health Fidelity

Acquisition Context
  • This is Edifecs’ 1st transaction in the Business Services sector.
  • This is Edifecs’ 2nd transaction in the United States.
  • This is Edifecs’ 2nd transaction in California.

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M&A Deal Summary

Date November 22, 2021
Target Health Fidelity
Sector Business Services
Buyer(s) Edifecs
Deal Type Add-on Acquisition
Advisor(s) Cain Brothers & Co. (Financial)

Target Company

Health Fidelity

San Mateo, California, United States
Health Fidelity is a provider of risk adjustment solutions for the value-based care era. Health Fidelity is based in San Mateo, California.
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Buyer Overview 1

Buyer

Edifecs

Bellevue, Washington, United States

Category Company
Founded 1996
Sector Software
DESCRIPTION

Edifecs is a provider of data interoperability software solutions in the U.S. healthcare market. Edifecs provides data interoperability software connecting payors, providers and government agencies. The company provides mission-critical software to its customers’ core business processes, with a strong value proposition in reducing administrative cost, workflow automation, ensuring compliance and achieving proper reimbursement from government agencies. Edifecs was founded in 1996 and is based in Bellevue, Washington.


Deal Context for Buyer #
Overall 2 of 2
Sector: Business Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: California 2 of 2
Country: United States 2 of 2
Year: 2021 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 Talix

San Francisco, California, United States

Talix is a provider of a NLP powered workflow applications to improve the speed and accuracy of risk adjustment coding and other value-based care requirements. Talix is based in San Francisco, California.

Buy -