M&A Deal Summary

Healthx Acquires Recall Systems

On February 15, 2005, Healthx acquired information technology company Recall Systems

Acquisition Highlights
  • This is Healthx’s 1st transaction in the Information Technology sector.
  • This is Healthx’s 1st transaction in the United States.
  • This is Healthx’s 1st transaction in Georgia.

M&A Deal Summary

Date 2005-02-15
Target Recall Systems
Sector Information Technology
Buyer(s) Healthx
Deal Type Add-on Acquisition

Target

Recall Systems

Atlanta, Georgia, United States
Recall Systems, Inc. is a provider of healthcare communication services for third party administrators and health insurers.

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Buyer(S) 1

Buyer

Healthx

Indianapolis, Indiana, United States

Category Company
Founded 1994
Sector Information Technology
DESCRIPTION

Healthx is a provider of Internet-enabled healthcare claims information to middle-market employers and their employees, small insurance brokers and third-party administrators. The Company's system creates a dynamic, customizable and cost-effective environment that accelerates the exchange of vital information used in the purchase of and payment for healthcare services via the Internet.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2005 M&A 1 of 1