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PointClickCare financing values Canadian software provider at US$4-billion as backer JMI mostly cashes out
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PointClickCare closes acquisition of Utah-based Collective Medical
Mississauga-based healthtech company PointClickCare has closed its acquisition of Utah-based Collective Medical, its largest acquisition to date.
As reported in the Globe and Mail, the acquisition is estimated to cost between $500 million and $1 billion USD, and will be funded by debt, cash, and equity.
“With our combined industry-leading technology and our expansive and deep real-time post-acute provider data, we can empower health networks faster than any other vendor in the market today.”
“We are very pleased to reach today’s milestone and to officially welcome the Collective Medical team to the PointClickCare family. There is a lot of important work ahead as we work together to close the gaps in today’s fragmented healthcare system,” said Mike Wessinger, founder and CEO of PointClickCare. “We are excited about our shared mission to bring an end to compromised health and un
5 Things Alaska: Budget proposal, Health policy in the Biden era, APCD DJ Wilson | Dec 16, 2020
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We only have five more days until it starts getting lighter each day. We only have five more days before it starts getting lighter each day. We only have five more days before it starts getting lighter each day…
The vaccines are almost here. Stay safe and healthy this holiday season. We are rounding the bend, in more ways than one.
Merry Christmas and Happy Holidays!
1. Dunleavy releases budget proposal
Gov. Mike Dunleavy released his Fiscal Year 2022 budget package on Friday, trimming down government spending while also looking to pay out almost $5,000 in Permanent Fund dividends. The majority of UGF funding cuts in the operating budget proposal come from cuts to DHSS.
healtheConnect partners with Collective Medical to improve care coordination and patient care across Alaska Sydney Kurle | Dec 15, 2020
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healtheConnect Alaska, a state non-profit health information exchange (HIE), announced a new partnership with Collective Medical, the largest network platform for real-time cross-continuum care coordination, on Tuesday. This partnership aims to improve care coordination and patient care in Alaska by integrating the HIE’s existing maintained patient information with Collective’s network to create a statewide Electronic Health Record network for Alaska residents and providers.
The HIE hopes that this partnership with Collective will help further Alaska’s public health initiatives, like reducing opioid prescribing in emergency departments and improving patient transitions from acute care to post acute and home-care settings.
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