Add-on Acquisition • Software

Med-Metrix Acquires PatientPal

On May 10, 2022, Med-Metrix acquired software company PatientPal

Acquisition Context
  • This is Med-Metrix’s 1st transaction in the Software sector.
  • This is Med-Metrix’s 3rd transaction in the United States.
  • This is Med-Metrix’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date May 10, 2022
Target PatientPal
Sector Software
Buyer(s) Med-Metrix
Deal Type Add-on Acquisition

Target Company

PatientPal

Boston, Massachusetts, United States
PatientPal is a provider of patient engagement, front-end RCM software solutions, including patient scheduling, price estimation, eligibility verification, prior authorization and payment solutions. PatientPal was founded in 2017 and is based in Boston, Massachusetts.
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Buyer Overview 1

Buyer

Med-Metrix

Parsippany, New Jersey, United States

Category Company
Founded 2010
Sector Business Services
DESCRIPTION

Med-Metrix is a provider of performance management analytics, consulting, extended business office, and revenue recovery services to the healthcare industry. Med-Metrix was founded in 2010 and is based in Parsippany, New Jersey.


Deal Context for Buyer #
Overall 3 of 6
Sector: Software 1 of 1
Type: Add-on Acquisition 3 of 6
State: Massachusetts 1 of 1
Country: United States 3 of 6
Year: 2022 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-05 Armco Partners

Norcross, Georgia, United States

Armco Partners provides several lines of service to meet the needs of its healthcare customers. Armco Partners offers forensic billing, clinical abstracting, remote CDI, coding, and billing for hospital and physician practices. Armco Partners is based in Norcross, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-06 Tritech Healthcare Management

Melville, New York, United States

Tritech Healthcare Management provides workers' compensation and no-fault billing services for over 40 hospitals and other entities. Tritech Healthcare Management was founded in 1999 and is based in Melville, New York.

Buy -