Radiology Business August 2, 2024
MedCurrent, a radiologist-founded clinical decision support firm, has struck a deal to be acquired for up to $24.5 million (all figures USD), leaders announced Tuesday.
Toronto-based software company VitalHub Corp. said it has inked a definitive agreement to buy the CDS provider and its core product OrderWise. Founded in 2003 and also headquartered in Toronto, MedCurrent offers real-time guidance to determine the appropriateness of radiological exams.
Under terms of the deal, VitalHub will issue a cash payment of nearly $8.7 million at closing. MedCurrent can earn up to nearly $15.8 million more, based on performance over the three years following the transaction’s completion.
“We are thrilled to join forces with VitalHub, a company that shares our commitment to improving healthcare...
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