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Announced

Completed

Signify Health completed the acquisition of Caravan Health for $300m.

Financials

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Transaction Value£221m
Consideration TypeOrdinary Shares, Cash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

health consultant

Acquisition

Single Bidder

Private

Majority

Friendly

Domestic

Health Care Services

Completed

Synopsis

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Signify Health, a value-based healthcare platform that leverages advanced analytics, technology and nationwide healthcare provider networks, completed the acquisition of Caravan Health, a health consultant in Kansas City, for $300m. “Giving providers a multi-payor solution ensures that what they do for one patient can be done for all others, irrespective of coverage or individual characteristics. With the combined capabilities of Signify and Caravan, we will be able to give providers what they need – one platform to manage better health outcomes for all of their patients, from a simple condition or procedure to a complex combination and across multiple payors. I’m looking forward to working with our expanded team to unlock these opportunities and help our clients bring their value-based care strategies to scale – and improve health outcomes across a range of payment models," Kyle Armbrester, Signify Health CEO.

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