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New Deal


Announced

WellSky to acquire CarePort Health from Allscripts for $1.35bn.

Financials

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Transaction Value£1,034m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Private

Software

Domestic

software development

Disposal

United States

healthcare technology

Majority

Friendly

Acquisition

Single Bidder

Private Equity

Synopsis

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WellSky, a global health and community care technology company, agreed to acquire CarePort Health, a care coordination software company, from Allscripts, a healthcare information technology company, for $1.35bn. "Together with CarePort, WellSky will establish new, meaningful connections between historically disparate settings of care. We have the exciting opportunity to bring care coordination to more providers in service of delivering more informed, personalized care. Through this agreement, we’re ensuring our clients have the intelligent technology they need to do right by their patients, collaborate with payers, and succeed in value-based care models. It’s WellSky’s mission to realize care’s potential, and this moves us that much closer to achieving it," Bill Miller, WellSky CEO.

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