M&A Deal Summary

Health Information Designs Acquires Sanovia Health Information Designs

On December 1, 2012, Health Information Designs acquired healthcare services company Sanovia Health Information Designs

Acquisition Highlights
  • This is Health Information Designs’ 1st transaction in the Healthcare Services sector.
  • This is Health Information Designs’ 1st transaction in the United States.
  • This is Health Information Designs’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2012-12-01
Target Sanovia Health Information Designs
Sector Healthcare Services
Buyer(s) Health Information Designs
Deal Type Add-on Acquisition

Target

Sanovia Health Information Designs

Media, Pennsylvania, United States
Sanovia Health Information Designs LLC is a provider of pharmacy management solutions.

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Buyer(S) 1

Buyer

Health Information Designs

Auburn, Alabama, United States

Category Company
Founded 1976
Sector Information Technology
DESCRIPTION

Health Information Designs is a provider of primarily healthcare-related information technology and data analytics solutions. The Company’s healthcare solutions – which include electronic prior authorization, drug utilization review, prescription drug monitoring, and surveillance and utilization review – are utilized by state Medicaid agencies and commercial insurers to reduce healthcare costs and optimize patient care. The Company also offers a non-healthcare data analytics solution that helps state transportation authorities identify uninsured drivers and promote automotive insurance compliance.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1