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Upfront Acquires Patientbond; Expands Capabilities For Market-Leading Personalized Patient Access And Engagement Platform

Aug 18, 2022•almost 3 years ago

Acquiring Company

Upfront

Acquired Company

PatientBond, Inc.

ChicagoElmhurstMhealthMedicalHealth Care

Description

Patient engagement and access platform Upfront announced today the acquisition of PatientBond, the leader in consumer science for healthcare, creating a single enterprise technology solution to drive patient acquisition and loyalty.

Company Information

Company

Upfront

Location

Chicago, Illinois, United States

About

Upfront is a mission-driven healthcare company, delivering tangible outcomes to leading healthcare systems and provider groups. Our patient communication and engagement platform makes each patient feel seen, guiding their care experience through personalized digital outreach. The backbone of the Upfront experience is our data engine, which analyzes clinical, sociodemographic, and patient-reported data. These insights allow us to individually activate patients to complete necessary care, show up for visits, and close any gaps in care. We are rooted in partnership, leveraging best-in-class healthcare expertise to maximize the impact of our technology and deliver a next-generation patient experience. To learn more, visit www.upfronthealthcare.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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