Announced
Completed
Financials
Sources
Tags
United States
Friendly
Single Bidder
Acquisition
Majority
Private Equity
Domestic
Completed
Private
healthcare technology
Software
Synopsis
WellSky a health and community care technology company, completed the acquisition of Corridor, an end-to-end tech-enabled services platform designed for the post-acute care industry’s toughest challenges, from HealthEdge Investment Partners, a healthcare-focused private equity firm. Financial terms were not disclosed. “Providers today must continually demonstrate higher quality performance and compliance, and they’re looking for solutions to support quality patient care and reduce administrative burdens. As we looked to strengthen our services offerings, Corridor emerged as an ideal partner. Together, WellSky and Corridor help more post-acute care organizations succeed against industry challenges,” Bill Miller, WellSky CEO.
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