M&A Deal Summary

Vatica Health Acquires CareSync - Technology Division

On January 7, 2019, Vatica Health acquired information technology company CareSync - Technology Division from CareSync

Acquisition Highlights
  • This is Vatica Health’s 1st transaction in the Information Technology sector.
  • This is Vatica Health’s 1st transaction in the United States.
  • This is Vatica Health’s 1st transaction in Florida.

M&A Deal Summary

Date 2019-01-07
Target CareSync - Technology Division
Sector Information Technology
Buyer(s) Vatica Health
Sellers(s) CareSync
Deal Type Secondary Buyout

Target

CareSync - Technology Division

Tampa, Florida, United States
CareSync - Technology Division develop a best-in-class technology platform for coordinating care and improving outcomes of people suffering from chronic conditions.

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Buyer(S) 1

Buyer

Vatica Health

Alpharetta, Georgia, United States

Category Company
Founded 2011
Sector Information Technology
DESCRIPTION

Vatica Health is a healthcare technology company that has developed a unique blend of proprietary technology and clinical teams that enable providers and payers to thrive in value-based care. Vatica’s platform represents the next generation of risk adjustment, quality of care, and quality of coding. Vatica is a fast-growing company solving today’s most complex healthcare problems with a talented team of disruptors, inventors and change agents who are not satisfied with the status quo and strive to make a difference. Vatica Health was founded in 2011 and is based in Alpharetta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

CareSync

Tampa, Florida, United States

Category Company
Founded 2011
Sector Information Technology
DESCRIPTION

CareSync is a provider of software and services for chronic disease management, combining technology with 24/7 nursing services to facilitate care coordination among patients, family and caregivers, and all providers. CareSync provides turnkey Chronic Care Management services as well as a software-only option, allowing practices of any size to easily meet the billing requirements for CPT code 99490. Additionally, CareSync’s certified technology makes it simple for providers to meet Meaningful Use 2 for Data Exchange, Messaging and Timely Access. CareSync patients are at the center of their healthcare, with access to health information, actionable goals, and Comprehensive Care Plan tasks. As a result, CareSync’s patients are experiencing more productive medical appointments and better health outcomes.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1