IKS Health Purchases AQuity Solutions to Create the Most Comprehensive Provider of Administrative, Clinical and Financial Services for Healthcare Organizations in the U.S.

The Combined Company, which will Operate as IKS Health, will have Annual Revenues of $330+ Million and a Global Workforce of over 14,000 Employees Serving an Install Base of 150,000+ Clinicians IKS Health, the premier global solution that revitalizes the clinician-patient relationship while empowering healthcare organizations to thrive, today announced the acquisition of AQuity Solutions, a Best in KLAS industry leader in tech-enabled clinical documentation, medical coding, and revenue integrity solutions for healthcare, as a wholly-owned subsidiary for $200 million. IKS Health’s market leadership in the ambulatory market will be coupled with AQuity’s market leadership in the acute care market to create an entity that enables Clinicians and their Enterprises to deliver better, safer, more efficient care across the continuum of care delivery. The combined company, which will operate as IKS Health, will have annual revenues of $330+ million, as well as a global workforce of over 14,000 employees serving over 150,000 clinicians in many of the largest hospitals, health systems, and specialty groups in the United States. This acquisition advances IKS Health’s Care Enablement Platform, consisting of technology and service offerings that span revenue optimization, clinical support, value-based care, and digital health solutions. Specifically, AQuity’s rich datasets enable IKS to rapidly mature and scale its proprietary AI solutions with critical expertise...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Abridge AQuity Solutions Health IT Acquisitions Healthcare M&A IKS Health Kashyap Joshi Sachin K. Gupta Sift Healthcare Source Type: blogs