HIT Consultant July 31, 2024
What You Should Know:
– VitalHub Corp., a leading provider of healthcare operations software and services, announced the acquisition of MedCurrent Corporation, a clinical decision support (CDS) company.
– The acquisition will integrate MedCurrent’s OrderWise platform with VitalHub’s existing Patient Flow software suite to create a comprehensive solution for managing healthcare resources.
Financial Details of the Acquisition
VitalHub will acquire MedCurrent for up to approximately C$34 million, with an initial cash payment of C$12 million and additional earn-out payments based on performance. The transaction is expected to close in early September 2024, subject to regulatory approvals and shareholder vote.
Addressing Inefficiencies in Healthcare Delivery
MedCurrent’s OrderWise solution utilizes AI to optimize diagnostic testing, helping healthcare providers make more...
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