M&A Deal Summary

QHR Acquires CLINICARE

On November 9, 2009, QHR acquired healthcare services company CLINICARE for 990K USD

Acquisition Highlights
  • This is QHR’s 1st transaction in the Healthcare Services sector.
  • This is QHR’s largest (disclosed) transaction.
  • This is QHR’s 1st transaction in Canada.
  • This is QHR’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2009-11-09
Target CLINICARE
Sector Healthcare Services
Buyer(s) QHR
Deal Type Add-on Acquisition
Deal Value 990K USD

Target

CLINICARE

Kelowna, British Columbia, Canada
Clinicare is a Electronic Medical Records (EMR) and provider of Practice Management software in Canada and the USA.

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Buyer(S) 1

Buyer

QHR

Kelowna, British Columbia, Canada

Category Company
Founded 1997
Sector Software
DESCRIPTION

QHR Corp. is a healthcare technology, empowering providers and connecting patients. With a 12-year track record offering what is now the single leading electronic medical records platform in Canada, QHR has a suite of complementary offerings that empower health professionals. The company's technologies and services enable secure medical records management for clinical environments, empowering health providers with tools for virtual care, including secure video and messaging, as well as tools for clinic management including scheduling, billing, and patient management. Health providers choose QHR to drive efficiencies within their practice and improve the quality of care delivered to patients.


DEAL STATS #
Overall 1 of 4
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (British Columbia) 1 of 2
Country (Canada) 1 of 3
Year (2009) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-26 EMIS

Edmonton, Alberta, Canada

EMIS, Inc. is a provider of EMR solutions in the UK. EMIS supports its corporate principles of improving the health of individual patients, and the population as a whole through advanced knowledge garnered by empowering physicians to collaborate.

Buy -