Buyer for health care risk management software company in Europe

• Revenue: 3-30M EUR
• Employees: not decisive
• Location of the target: Europe
• Reason for acquisition: The company is a provider of risk management software solutions for the 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 ITB153

The buyer is a large software company that is involved in developing products for the healthcare sector. The solutions built by the team increase patience safety by reducing the impact of harm and by enabling healthcare organizations to continually learn and improve their practices. The company creates and provides special tools for governance, risk and compliance and organizes ways for medical centres to deliver safer and more efficient care services. The cloud-based software helps in reducing healthcare-acquired infections and reports in case of adverse events. It also helps in applying safety policy and procedure management and makes sure the patient risks are minimized. The company has customers in more than 20 countries and wants to expand its business in other regions. The buyer is looking to acquire a company that operates in software businesses related to Governance Risk Management and Compliance for the Healthcare sector. The target companies provide non clinical software products for activities such as rostering, revenue management, Patient Safety, contract management and policy management. They can be located anywhere in Europe and can be of any size, preferably the revenue should range between 3-30M Euro. They should have high recurring revenues and/or be SAAS businesses.

The company has long time presence in the industry and during this period has managed to develop high-quality solutions that enable the business to grow. The enterprise is active in providing software products that reduce risks of healthcare organizations. The platform allows to gather crucial information, build reports, recognize trends and share data in order to prevent organizational risks. Managers are able to analyse errors, process defaults and recognize patterns that might produce the same harm in the future. In a medical facility is very important to create a safe environment for every party involved. Adverse events are captured in a standardized way and the formats are customizable in order to suit the context. The solution contains registering features, all the documents being uploaded, updated and easy to be accessed by all the team’s members.

The company provides also a solution for policy management, it developed a cloud-based software that allows healthcare centres to improve performance and compliance when dealing with policies and procedures. All the policies tasks are managed in a single platform that allows the user to streamline the management of policies, specific procedures and other relevant documents. The medical staff has all the information they need gathered all together. As specific features can be mentioned a powerful search engine, standardized and well organized content, clear workflows, linked regulations and modern reporting. Because the format is very well structured and centralized the staff is able to find needed information very quickly and easily.

The buyer is looking to acquire a company that provides health care risk management software solutions and that deliver services such as:

• Solution Integration
• Testing & Performance Checking
• Server Migration
• Data Imports
• Software Update
• Patient Experience
• Root Cause Analysis
• Training & Consultancy

• The buyer is an international technology organization that provides software solutions for healthcare entities
•  The solutions developed increase patience safety and improve processes efficiency
• The company has decided to enlarge its activities in Europe and is looking to buy another company that delivers solutions for managing the healthcare risks