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Asenda Health Inc. Acquires Post Acute Healthcare

May 31, 2022about 3 years ago

Acquiring Company

Asenda Health

Acquired Company

Post Acute Healthcare

HoustonHealthcare

Description

Asenda Health Inc. (the "Company"), through its wholly owned subsidiary Kater Medical, has acquired a controlling 61% interest in Washington based Post Acute Healthcare ("Post Acute") with commitment to purchase the remaining 39% over the next two years. Post Acute is an outsourced physician services business currently conducting 3,000 monthly patient encounters through contracts with 18 long-term care and skilled nursing facilities in Washington and Oregon. "

Company Information

Company

Asenda Health

Location

10375 RICHMOND AVENUE, SUITE 700

Houston, Texas, United States

About

Asenda Health improves outcomes for chronic care patients by selling pharmacy and technology solutions directly to LTC, SNF, ALF, and PACE facilities. Asenda Health aims to increase access to physicians, improve medication adherence, reduce reliance on painkillers & psychotropics, minimize re-admissions, and improve quality & quantity of life. Our proprietary and vertically integrated technology solutions provide our clients with improved access (virtual care and MTM), owned pharmacy infrastructure and physician network, information sharing, data analytics/AI, and customizable insight.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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