M&A Deal Summary

Innovaccer Acquires PQS

On March 12, 2024, Innovaccer acquired business services company PQS

Acquisition Highlights
  • This is Innovaccer’s 1st transaction in the Business Services sector.
  • This is Innovaccer’s 1st transaction in the United States.
  • This is Innovaccer’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2024-03-12
Target PQS
Sector Business Services
Buyer(s) Innovaccer
Deal Type Add-on Acquisition

Target

PQS

Durham, North Carolina, United States
PQS is a healthcare quality improvement company, that connects healthcare payers and providers to standardize measurement and reporting on key medication use quality measures and value-based reimbursement programs focused on medication adherence, treatment outcomes, and patient safety. PQS was founded in 2013 and is based in Durham, North Carolina.

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Buyer(S) 1

Buyer

Innovaccer

San Francisco, California, United States
Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Innovaccer is a data platform that accelerates care innovation through innovative AI technologies. Innovaccer’s AI-powered healthcare platform unifies patient data across systems and care settings and empowers healthcare organizations with scalable, modern applications that improve clinical, financial, operational, and experiential outcomes. Innovaccer’s EHR-agnostic solutions have been deployed across more than 1,600 hospitals and clinics in the US, enabling care delivery transformation for more than 96,000 clinicians, and helping providers work collaboratively with payers and life sciences companies. Innovaccer was founded in 2014 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

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