M&A Deal Summary

Medsphere Systems Acquires ChartLogic

On June 28, 2016, Medsphere Systems acquired information technology company ChartLogic

Acquisition Highlights
  • This is Medsphere Systems’ 1st transaction in the Information Technology sector.
  • This is Medsphere Systems’ 1st transaction in the United States.
  • This is Medsphere Systems’ 1st transaction in Utah.

M&A Deal Summary
Date 2016-06-28
Target ChartLogic
Sector Information Technology
Buyer(s) Medsphere Systems
Deal Type Merger

Target

ChartLogic

Salt Lake City, Utah, United States
ChartLogic, Inc. is a developer of healthcare technology solutions. ChartLogic offers a full ambulatory EHR suite, including electronic medical record, practice management, e-prescribing, patient portal and more, as well as offering complete medical billing services which take care of the claims continuum while maximizing revenue and minimizing costs.

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Buyer(S) 1

Buyer

Medsphere Systems

Sandy, Utah, United States
Category Company
Founded 2002
Sector Information Technology
DESCRIPTION

Medsphere Systems is a healthcare IT solutions accessible to organizations of virtually any size, shape or budget. Medsphere’s OpenVista is an acute and inpatient behavioral health-oriented portfolio of clinical products and services that leverages the VistA EHR system developed by the Department of Veterans Affairs (VA) and the Indian Health Service (IHS). Medsphere Systems was founded in 2002 and is based in Sandy, Utah.

DEAL STATS #
Overall 1 of 3
Sector (Information Technology) 1 of 2
Type (Merger) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 3
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-03 HealthLine Solutions

Plano, Texas, United States

HealthLine Solutions Ltd. is a developer of software solutions to hospitals to manage their supply chain inventory. HealthLine Solutions is based in Plano, Texas.

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