Governance, risk and compliance (GRC) solutions provider RLDatix acquired Galen Healthcare Solutions. Financial terms of the deal were not disclosed.
This is technology M&A deal number 676 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
RLDatix Acquires Galen
RLDatix is based in Chicago, Illinois. The company has 615 employees listed on LinkedIn. RLDatix's areas of expertise include software, healthcare, risk management, governance, compliance, claims management, infection prevention, patient experience and technology.
Galen, founded in 2005, is based in Grosse Point Farms, Michigan. The company has 140 employees listed on LinkedIn. Galen’s areas of expertise include Medfusion, MEDITECH, Allscripts, Orion and Epic Systems.
Galen helps healthcare organizations with implementation, optimization, data migration and archival solutions for healthcare IT (HIT) systems, according to the company. Combined with RLDatix's GRC offerings, organizations will be better equipped to manage, archive and retain legacy data that is crucial for delivering safer healthcare, the companies said. This acquisition will help organizations meet regulatory requirements for data retention while also ensuring continuity of care for patients throughout their healthcare journey, according to the companies.
RLDatix Acquires Galen: Executive Perspective
Jeff Surges, CEO, RLDatix, commented on the news:
"We are thrilled to welcome Galen into the RLDatix family. When coupled with RLDatix's leading GRC and workforce management capabilities, Galen's award-winning products and services, commitment to overdelivering on client expectations and unmatched expertise across data management will transform how we think about healthcare operations. We are excited for the future and how together, we will help to make healthcare safer."
Steve Brewer, CEO, Galen Healthcare Solutions, added:
"We are excited to join RLDatix during this critical time in healthcare. Combining forces will allow us to provide even more value to our clients and our shared passion for improving healthcare will ensure we continue to be laser focused on helping organizations solve their data management needs for today and prepare for tomorrow."
Healthcare IT M&A Activity
M&A activity in the healthcare IT space remains steady. Recent deals ChannelE2E has tracked include HPG's acquisition of HDS, The Carlyle Group’s acquisition of CNSI, the merger of Navin, Haffty & Associates with Engage IT Services and Ettain Group’s acquisition of Global Employment Solutions (GES) and Leidos Health.
