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M&A Deal Summary

eMDs Acquires McKesson - Software Assets

On April 1, 2016, eMDs acquired software company McKesson - Software Assets from McKesson

Acquisition Highlights
  • This is eMDs’ 1st transaction in the Software sector.
  • This is eMDs’ 2nd transaction in the United States.

M&A Deal Summary
Date 2016-04-01
Target McKesson - Software Assets
Sector Software
Buyer(s) eMDs
Sellers(s) McKesson
Deal Type Divestiture

Target

McKesson - Software Assets

United States
McKesson - Software Assets includes McKesson Practice Choice, Medisoft, Medisoft Clinical, Lytec, Lytec MD and Practice Partner (“McKesson Assets”), and consist of practice management and electronic health record software solutions sold to the ambulatory care market. The practice management products (Medisoft, Lytec and McKesson Practice Choice) deliver streamlined scheduling and billing functionality, while the electronic health record software (Medisoft Clinical, Lytec MD, Practice Partner and McKesson Practice Choice) enhance care quality while improving efficiency within a physician practice.

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Buyer(S) 1

Buyer

eMDs

Austin, Texas, United States
Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

eMDs, Inc. is a provider of healthy solutions for healthy patients and health providers. The company offers integrated electronic health records, practice management software, revenue cycle management solutions, and credentialing services for physician practices and enterprises. Founded by physicians, the company is an industry leader for usable, connected software that enables physician productivity and a superior clinical experience. eMDs was formed in 1996 and is based in Austin, Texas.

DEAL STATS #
Overall 2 of 3
Sector (Software) 1 of 2
Type (Divestiture) 1 of 1
Country (United States) 2 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-30 MDeverywhere

Waltham, Massachusetts, United States

MDeverywhere is a provider of physician revenue cycle management services. MDE provides next generation practice management and medical billing solutions to more than 2,500 physicians ranging from single doctor practices to large hospital-based physician networks. MDE?s software-as-a-service (SaaS) offering allows physician practices to enhance revenues by reducing billing costs, accelerating client payments and improving collections.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-30 Aprima Medical Software

Carrollton, Texas, United States

Aprima Medical Software, Inc. is a provider of electronic health record (EHR) and practice management (PM) software and revenue cycle management (RCM) solutions to ambulatory care organizations. Aprima Medical Software was founded in 1998 and is based in Carrollton, Texas.

Buy -

Seller(S) 1

SELLER

McKesson

Irving, Texas, United States
Category Company
Founded 1833
Sector Information Technology
Employees45,000
Revenue 309.0B USD (2024)
DESCRIPTION
McKesson office in The Woodlands, Texas.
McKesson office in The Woodlands, Texas.

McKesson is a health care services and information technology company that helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, health care information technology, and business and clinical services. McKesson was founded in 1833 and is based in Irving, Texas.

DEAL STATS #
Overall 12 of 19
Sector (Software) 1 of 1
Type (Divestiture) 12 of 19
Country (United States) 8 of 10
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-02 Rexall

Mississauga, Ontario, Canada

Rexall is a provider of pharmacy & drugstore operators. Rexall was formed in 1904 and is based in Mississauga, Ontario.

Buy CA$3.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-24 Laboratory Supply

Louisville, Kentucky, United States

Laboratory Supply Co., Inc. is a privately held supplier of diagnostic instrumentation and clinical laboratory products to hospitals, physician office laboratories, reference labs and other non-acute care settings.

Buy -
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