ExitValue.ai

BUYER DISCOVERY

Who buys healthcare it companies?

197 disclosed healthcare IT companyacquisitions analyzed — the active strategic and private equity buyers, how often each one buys, and their most recent named deals. Sourced from SEC filings and verified M&A press releases.

Quick answers

How many disclosed transactions?
197 disclosed healthcare IT company acquisitions with a named acquirer.
Most active buyers
WELL Health Technologies Corp. (5) · HealthStream, Inc. (4) · Roper Industries Inc. (4) · Streamline Health Solutions, Inc. (4) · UnitedHealth Group Inc. (3) · CloudMD Holdings Corporation Inc. (3)
What would these buyers pay for my business?
Run the ExitValue.ai calculator to price your healthcare IT company against these 197 disclosed transactions. The engine surfaces what each buyer pool pays for your size, margin, and growth profile.

Top strategic buyers

Operators, larger competitors, and corporate consolidators acquiring healthcare IT company businesses for synergy and capability fill.

AcquirerDealsMedian deal sizeRecent targets
WELL Health Technologies Corp.5$8MAware MD Inc. (2021), Adracare Inc. (2020), Circle Medical (2020), INSIG Corporation (2020)
HealthStream, Inc.4$58MANSOS Staff Scheduling (2020), Morrisey Holdings, Inc. (2016), HealthLine Systems (2015), Sy.Med Development Inc. (2013)
Roper Industries Inc.4$350MCliniSys Group, Ltd (2016), Data Innovations/SoftWriters (2015), Strata Decision Technology (2015), Sunquest Information Systems, Inc. (2012)
Streamline Health Solutions, Inc.4$7MOpportune IT Healthcare Solutions, Inc. (2016), Unibased Systems Architecture Inc. (2014), Meta Health Technology, Inc. (2012), Interpoint Partners (2011)
UnitedHealth Group Inc.3$1.5BEMIS Group (2023), EMIS Group plc (2022), Equian (2019)
CloudMD Holdings Corporation Inc.3$14MVisionPros (2021), Canadian Medical Directory (2020), IDYA4 (2020)
Emdeon Inc.3$145MAltegra Health, Inc. (2015), Capario (2014), Change Healthcare, Inc. (2014)
R1 RCM Inc.2$2.1BCloudmed (2022), SCI Solutions (2020)
Novo Holdings2$1.4BMedical Knowledge Group (2022), Availity (2021)
Accolade, Inc.2$417M2nd.MD (2021), PlushCare (2021)
Royal Philips2$455MCapsule Technologies (2021), Carestream Health HCIS Business (2019)
Fortive Corporation2$1.3BProvation Software, Inc. (2021), ServiceChannel Holdings, Inc. (2021)

Top private equity buyers

Private equity firms and PE-backed platforms rolling up healthcare IT company businesses. Platform-tier buyers typically pay up for scale, clean financials, and a management layer that survives integration.

AcquirerDealsMedian deal sizeRecent targets
TPG Capital3$1.1BClaimsXten (2022), Convey Health Solutions (2022)
Francisco Partners3$735Mbswift (2022), AdvancedMD (2017), QuadraMed Corporation (2009)
Veritas Capital3$1.1BDXC Technology Healthcare Unit (Gainwell) (2020), GE Healthcare Technology Unit (Virence Health) (2018), Verscend Technologies / Verisk Health (2016)
Bain Capital2$4.2BHealthEdge (2025), RedCard/Zelis (2019)
Advent International2$1.3BPatientPoint (2025), RxBenefits (2021)
Warburg Pincus2$838MQuantum Health Inc. (2020), WebPT (2019)
Leonard Green & Partners2$3.0BWellSky (2020), WIRB-Copernicus Group (2019)
Clearlake Capital Group, LP2$590MnThrive RCM Technology Division (2020), ProVation Medical (2018)
Clearlake Capital1$5.3BModernizing Medicine (ModMed) (2025)
Stone Point Capital1$360MThe Difference Card (2025)

Recent M&A activity

Disclosed healthcare IT company acquisitions by year.

2009
1
2011
2
2012
6
2013
4
2014
6
2015
8
2016
10
2017
12
2018
10
2019
19
2020
39
2021
32
2022
16
2023
9
2024
5
2025
14
2026
4

Methodology note

Acquirer activity reflects disclosed M&A transactions in the ExitValue.ai database, filtered to healthcare IT company businesses with a named acquirer. Counts include deals with disclosed financials only — total transaction volume in this segment is typically 2–3x larger. The valuation engine reveals what each buyer pool pays for your specific business when you run the calculator. Full methodology

What's your healthcare IT company worth to these acquirers?

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More on healthcare it valuations

Based on 197 disclosed M&A transactions · methodology