M&A Deal Summary

ZirMed Acquires MethodCare

On September 25, 2014, ZirMed acquired internet software and services company MethodCare

Acquisition Highlights
  • This is ZirMed’s 1st transaction in the Internet Software and Services sector.
  • This is ZirMed’s 2nd transaction in the United States.
  • This is ZirMed’s 1st transaction in Illinois.

M&A Deal Summary

Date 2014-09-25
Target MethodCare
Sector Internet Software and Services
Buyer(s) ZirMed
Deal Type Add-on Acquisition

Target

MethodCare

Chicago, Illinois, United States
MethodCare, Inc. is a provider of cloud-based solutions integrate the data from patient accounting and clinical systems—and extract the actionable insights need to optimize revenue cycle and manage population health for better clinical outcomes, lower costs, and higher net revenue.

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Buyer(S) 1

Buyer

ZirMed

Louisville, Kentucky, United States

Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

ZirMed empowers healthcare organizations to optimize revenue with a dynamic end-to-end platform of cloud-based financial performance management solutions including Claims Management, Charge Integrity, AR Management, Eligibility and Coverage Detection. By combining breakthrough predictive analytics technology with innovative development and the industry’s most advanced transaction network, ZirMed’s award-winning solutions extract actionable insights that improve our clients’ revenue cycles while streamlining workflows and increasing operating efficiencies.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-21 Intelligent HealthCare

Santa Monica, California, United States

Intelligent Healthcare has been aggregating and analyzing actionable data from diverse sources and putting it into the hands of both physicians at point of care and health system/ACO administrators seeking to pinpoint the most significant opportunities for improving organization and physician performance. Intelligent Healthcare offers a growing portfolio of services that help our clients turn these insights into action such a physician scorecards on quality measures, patient engagement programs and identification of care coordination opportunities with high risk, chronically ill patients.

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