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M&A Deal Summary

Sunquest Information Systems Acquires Outreach Advantage

On January 8, 2009, Sunquest Information Systems acquired healthcare services company Outreach Advantage from Pathology Associates Medical Laboratories

Acquisition Highlights
  • This is Sunquest Information Systems’ 1st transaction in the Healthcare Services sector.
  • This is Sunquest Information Systems’ 1st transaction in the United States.
  • This is Sunquest Information Systems’ 1st transaction in Washington.

M&A Deal Summary
Date 2009-01-08
Target Outreach Advantage
Sector Healthcare Services
Buyer(s) Sunquest Information Systems
Sellers(s) Pathology Associates Medical Laboratories
Deal Type Divestiture

Target

Outreach Advantage

Spokane, Washington, United States
Outreach Advantage (designed by Pathology Associates Medical Laboratories) provides a solution for providing hospital outreach services for other laboratories, including an integrated route planning, scheduling, dispatch and specimen tracking system, a CRM designed specifically for the clinical laboratory industry and a set of integration tools and web products that provide flexible connectivity to EMRs for diagnostic lab orders and lab results.

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Buyer(S) 1

Buyer

Sunquest Information Systems

Tucson, Arizona, United States
Category Company
Founded 1979
Sector Medical Products
DESCRIPTION

Sunquest Information Systems, Inc. is a provider of clinical and financial software solutions for the healthcare industry. The company designs, develops, and supports a comprehensive suite of information products for hospitals and commercial laboratories that include best-of-breed laboratory, radiology, and pharmacy software systems.

DEAL STATS #
Overall 2 of 5
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
State: Washington M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-10 Anglia Healthcare Systems

Norwich, United Kingdom

Anglia Healthcare Systems Ltd. specializes in laboratory information, e-requesting and order communication systems, supplying both the primary and secondary care sectors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-03 PowerPath

Stockholm, Sweden

PowerPath is the software line that manages workflow for laboratories offering surgical pathology, cytology, dermatopathology and autopsy services.

Buy -

Seller(S) 1

SELLER

Pathology Associates Medical Laboratories

Spokane, Washington, United States
Category Company
Founded 1957
Sector Healthcare Services
DESCRIPTION

Pathology Associates Medical Laboratories LLC is an owns and operator of a state-of-the-art, full-service reference laboratory and maintains other laboratory operations throughout the western United States.

DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1
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