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New Deal


Announced

Completed

PointClickCare completed the acquisition of Patient Pattern.

Financials

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

Tags

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Single Bidder

Completed

Friendly

Cross Border

United States

health care management

Acquisition

Health Care Services

Private

Majority

Synopsis

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PointClickCare, a healthcare technology platform, completed the acquisition of Patient Pattern, a care EHR and integrated care management platform. Financial terms were not disclosed. “Senior care providers need support as they navigate new models of care and ultimately take on more risk-bearing responsibilities, inclusive of technology that helps them deliver exceptional care, particularly to high-needs populations. As our customers continue to embrace value-based care and see the success of this model, we are excited to deploy Patient Pattern’s care management platform. Care models will continue to evolve, and this strategic investment is another example of our commitment to helping our customers thrive in this evolving market, specifically, the opportunity to succeed with this shift to risk,” Travis Palmquist, PointClickCare Senior Vice President and General Manager of Senior Care.

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