Allscripts Healthcare Solutions completed the acquisition of Babel Health.

Allscripts Healthcare Solutions, a healthcare information technology solutions provider, completed the acquisition of Babel Health, a company which provides a cloud-based software as a service risk adjustment submission solution for Medicare, Medicaid, and ACA. Financial terms were not disclosed. “Bailey Southwell provided an exceptional level of support and expertise that helped navigate our team through every step of the transaction process. Having a partner who understood the complexities of the risk adjustment industry was critical as we evaluated strategic alternatives, and the BSC team clearly fit the bill. Their extensive healthcare technology experience helped us to develop an optimal process strategy and identify the right buyer to maximize shareholder value. I would highly recommend Bailey Southwell to any business looking to find the right partner for its next stage of growth," Robert Dunn, Babel Health President & CEO.