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Announced

Completed

Concord Health Partners-backed Flexwise Health completed the merger with Prescience Health.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Private

Completed

healthcare

Single Bidder

Merger

Acquisition

Private Equity

United States

Software

Majority

Synopsis

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Healthcare-focused investment firm Concord Health Partners-backed Flexwise Health, a technology-enabled business, completed the merger with Prescience Health, a healthcare software provider. Financial terms were not disclosed. “Hospitals and regional health systems are facing unprecedented challenges in managing their clinical staffing needs while controlling expenses. With this merger, our goal is to provide an integrated solution that will help facilities reduce premium labor costs without compromising patient care by implementing innovative enterprise float pool capabilities powered by data science,” Kevin Godsey, Flexwise Health CEO.

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