Tendo to Acquire MDsave, Creating Leading Platform for Patient Engagement and Shoppable Care

Strategic Acquisition Combines Guided Patient Journeys and Quality Metrics with the Leading Searchable and Bookable Health Services Marketplace Tendo, a software company committed to creating seamless healthcare experiences for patients, clinicians, and caregivers, is acquiring MDsave, a leading healthcare marketplace that democratizes care access for all. The acquisition extends Tendo’s platform and applications to include MDsave’s marketplace, enabling patients to easily seek, schedule, pay for, and manage healthcare with transparent pricing through one solution. The transaction is expected to close in October. For patients and healthcare navigators, this acquisition will simplify access to, and management of care with innovative, shoppable services. For providers, it will accelerate the acquisition of new patients by supporting greater transparency and a streamlined approach to payments for bundled procedures. “We are very happy to see Tendo’s acquisition of MDsave and the powerful combination of the two companies that will result,” stated Cory Ferrier, Business Development Executive at Adventist Health. “The future holds much promise, and we are excited to work with the new company as they help us make an impact for our patients, clinicians, and our system overall.” As healthcare costs rise, models for care consumption continue to evolve. This is especially true for self-insured employers. The self-insured market is growing rapidly but has faced challeng...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Adventist Health Cory Ferrier Dan Goldsmith Health IT Acquisitions Healthcare M&A MDsave Paul Ketchel Tendo Source Type: blogs