M&A Deal Summary

Olive Acquires Healthcare IP

On August 10, 2021, Olive acquired information technology company Healthcare IP

Acquisition Highlights
  • This is Olive’s 2nd transaction in the Information Technology sector.
  • This is Olive’s 3rd transaction in the United States.
  • This is Olive’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2021-08-10
Target Healthcare IP
Sector Information Technology
Buyer(s) Olive
Deal Type Add-on Acquisition

Target

Healthcare IP

Edmond, Oklahoma, United States
Healthcare IP is an integrated partner of healthcare provider and payer organizations, advocating data transparency and user experience in the revenue cycle. The Company's SCALE platform reduces touchpoints through workflow automation and organizes data to make sense. Regardless of shape, size or specialty, we welcome collaborative partnerships and believe better is possible together. Healthcare IP was founded in 2013 and is based in Edmond, Oklahoma.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Olive

Columbus, Ohio, United States
Category Company
Sector Information Technology
DESCRIPTION

Olive, Inc. is a developer of AI workforce is built to fix broken healthcare system by addressing healthcare's most burdensome issues -- delivering hospitals and health systems and payers increased revenue, reduced costs, and increased capacity. Olive is based in Columbus, Ohio.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Oklahoma) 1 of 1
Country (United States) 3 of 3
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 Empiric Health

Salt Lake City, Utah, United States

Empiric Health is an AI-powered clinical analytics and service company that focuses on identifying unwarranted clinical variation, improving patient outcomes and increasing the affordability of care — starting in surgery. Empiric combines evidence-based data and clinician-to-clinician dialogue to produce results.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-10 Olive - Utilization Management Solution and Business Unit

Columbus, Ohio, United States

Olive's Utilization Management Solution and Business Unit strengthens Availity’s existing strategy to deliver an automated solution for end-to-end authorization transactions. Olive's Utilization Management Solution and Business Unit is based in Columbus, Ohio.

Sell -
Mergr

Product

Company

Legal