M&A Deal Summary

eSolutions Acquires Medidal

On October 27, 2019, eSolutions acquired medical products company Medidal

Acquisition Highlights
  • This is eSolutions’ 1st transaction in the Medical Products sector.
  • This is eSolutions’ 4th transaction in the United States.
  • This is eSolutions’ 1st transaction in Illinois.

M&A Deal Summary

Date 2019-10-27
Target Medidal
Sector Medical Products
Buyer(s) eSolutions
Deal Type Add-on Acquisition

Target

Medidal

Chicago, Illinois, United States
Medidal Corp. is a provider of Transfer DRG, Payer Search, and Pharmacy Reimbursement solutions. Medidal’s revenue integrity solutions are designed to identify and recover missed reimbursement opportunities on behalf of healthcare providers. Medidal Corp. was founded in 2003 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

eSolutions

Olathe, Kansas, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

eSolutions, Inc. is a provider of revenue cycle management software-as-a-service (“SaaS”). The Company’s products assist healthcare providers in automating and enhancing workflow with regard to claims review, editing, and denials/appeals management, as well as eligibility verification and payor connectivity. The Company’s client base is comprised of over 1,100 hospitals, home health and hospice providers, skilled nursing facilities, and durable medical equipment providers.


DEAL STATS #
Overall 4 of 4
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: Illinois M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-20 Practice Insight

Houston, Texas, United States

Practice Insight LLC is a provider of SaaS-based revenue cycle management solutions to healthcare providers. PI's solutions automate a physician practice reimbursement workflow which assists them in reducing bad debt, shortens the collection cycle and streamlines the administrative staff needed to manage the RCM function.

Buy -