Physician.com, a health care provider practice management startup, makes its second M&An offer in 2 years. Its cope with Connect Health will consolidate the companies and merge them under Physician.com’s brand, based on a business news release. The merger was funded by several investors including Spring Mountain Capital, StartUp Health insurance and Colle Capital, even though the the transaction were not disclosed.
Connect Healthcare stores the information of just one.two million providers and it has 7.5 million unique users. Its hospital partners include UNC Healthcare, UC North Park Health, Brigham & Women’s Hospital, Hurry College Medical Center, UAB Medicine and Emory College.
Andrei Zimiles, Chief executive officer of Physician.com, described within an email the entire Connect Healthcare team (roughly 30 individuals the Atlanta area, all whom concentrate on supporting hospitals and health systems), their clientele of 150 hospitals and health systems, and all sorts of company technology and assets grew to become a part of Physician.com using the deal.
Included in the deal, Noel Coleman, Connect Healthcare president, will join Physician.com as president of Enterprise Solutions, based on a news release. Connect Healthcare’s team works with Physician.com’s enterprise sales and product team. The Enterprise team continuously operate from their headquarters in Atlanta, GA and is anticipated to develop substantially within the several weeks ahead.
This past year, Doctor.com acquired ReferBright, which develops software to assist physicians improve referrals partly by improving their visibility online to draw in more patients for their practices.
Photo: mediaphotos, Getty Images
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