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Letsgetchecked Completes Acquisition Of Bioiq

May 03, 2022•about 3 years ago

Acquiring Company

LetsGetChecked

Acquired Company

BioIQ

New YorkMobile

Description

Today, LetsGetChecked, a leading global healthcare solutions company, announced it has finalized the acquisition of BioIQ, an analytics-driven population health and diagnostics company. With this closing, LetsGetChecked will expand its ability to provide health plans, employers, consumers, and public health partners with some of the most comprehensive and personalized at-home healthcare services.

Company Information

Company

LetsGetChecked

Location

New York, New York, United States

About

LetsGetChecked is a virtual care company that allows customers to manage their health from home, providing direct access to telehealth services, pharmacy, and laboratory tests with at-home sample collection kits for a wide range of health conditions including Sexual Health, Cholesterol, Diabetes, Thyroid, Coronavirus (COVID-19), and more. Founded in 2015, the company empowers people with the care they need to live longer, happier lives. Today, LetsGetChecked is a leader in healthcare innovation with an end-to-end model including manufacturing, logistics, lab analysis, affiliated physician support, and prescription fulfillment, which provides a seamless user experience and a convenient, reliable and secure healthcare experience. LetsGetChecked is available nationwide in the United States and most EU countries. It is co-headquartered in Dublin and New York, with teammates all over the world. To learn more visit www.letsgetchecked.com.

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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