Buyer for healthcare information management software company in Europe

• Revenue: 2-20M EUR
• Employees: not decisive
• Location of the target: Europe
• Reason for acquisition: The company is an important software solutions provider for healthcare sector. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB063

The buyer is a software company that develops SaaS products to clients from healthcare industry. It is looking to expand its activity in Europe acquiring similar companies. The target company should have a turnover registered between 2 and 20 million Euro. The buyer is flexible in establishing the deal’s requirements and is able to demonstrate commitment in the growing of the future business. The buyer has the necessary funds to support the deal.

The company is one of the leading players in developing software solutions and products for healthcare industry. It creates clinical solutions for expenses management, purchasing, billing and reporting functions. With its powerful technologies it optimises healthcare spend, drives operating efficiency and consolidates clinical efficacy. The company is a provider of mobile point of care systems and other healthcare software solutions for hospitals, pharmacies and care centers. Its solutions are used in crucial care areas such as Surgery, Operating Theatres, Cath Labs and Interventional Radiology and the systems the company provides are the line that connects the clinical part with the business and administrative functions of the healthcare center. This healthcare information management system converts the daily administrative tasks into results-evaluing tools that simplify and enhance accountability and reliability of the process execution.

The company provides its solutions as a Software as a Service (SaaS), which enables to deliver further the benefits related with the centralised management of information such as manufacturer’s devices data. This technique simplifies and standardizes the procedure and procurement data; it also improves the precision of data collection. Furthermore, there are no costly servers for buying or maintaining future up-dates.

The solution is designed as a healthcare information management system and it works based on some critical features such as: it utilizes a data capture technique using mobile technology, it registers a complete database of medical products, creates a flexible reporting and it can be used as a support for the main business processes such as billing, purchasing, cost reporting and management. It simplifies patient billing processes and increases revenue due to the decreased of expenses for manual work, the automated inventory procedure gives more control and improves stock management, it also improves patient safety and produces detailed information reports about costs. To be able to work within most of hospitals, it has a highly integrated approach with all hospitals systems and processes such as procurement, finance, billing, clinical costing and patient management systems.

The company is looking to acquire a company that delivers information management software solutions for healthcare clients, solutions that help in the following areas of the healthcare business:

• Expenses Management
• Purchasing
• Billing
• Reporting
• Patient Management
• Medical Recording

• The buyer is a leading player active in developing information management software solutions for healthcare industry
• The company uses SaaS products to increase efficiency
• The company has decided to enlarge its activities in Europe and is looking to buy another company with similar activities and products
• Target companies should provide services and solutions for healthcare sector and should have a large number of active contracts