ABOUT Healthcare, Inc.

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ABOUT Healthcare, Inc. - overview

Established

2005

Location

St. Paul, MN, US

Primary Industry

Healthcare IT

About

Central Logic, Inc. offers innovative solutions that enhance care transitions in healthcare systems, focusing on efficient patient management and seamless progression throughout the care journey. Founded in 2005 and headquartered in St. Paul, US, Central Logic, Inc.


specializes in developing integrated healthcare solutions. The firm has undergone strategic developments, including a majority stake acquisition by RUBICON Technology Partners in June 2020, valuing the company at approximately USD 100 million. The current CEO is Angie Franks, and the founder is Annisa RP. Central Logic offers a suite of integrated solutions designed to enhance care transitions within healthcare systems, ensuring seamless patient progression throughout their care journey.


Their primary products focus on facilitating post-acute placements, managing post-acute care and behavioral health referrals, and providing comprehensive discharge planning tools. These solutions alleviate bottlenecks in inpatient stay logistics and streamline admissions into strategic service lines, improving care continuity and patient outcomes. The company's client base includes hundreds of health systems of varying sizes across the United States, focusing on urban and rural healthcare facilities that require efficient care coordination and patient management. Central Logic generates revenue through a B2B subscription model, enabling healthcare systems to access their comprehensive suite of services.


Partnerships with health systems allow clients continuous access to their platform for patient transfer and discharge planning under annual or multi-year agreements. Their revenue structure includes tiered pricing plans based on the size of the healthcare organization and specific solutions, with key offerings revolving around discharge planning tools and patient transfer systems. Following the acquisition in June 2020, Central Logic plans to leverage the recent funding to develop new products aimed at enhancing their service offerings. The company is targeting expansion into additional geographic regions within the United States, focusing on both urban and rural markets to improve the efficiency of care transitions.


The capital raised will support the development and launch of these new solutions, thereby enhancing the organization's capacity to meet the growing demands of healthcare systems.


Current Investors

Rubicon Technology Partners, Mercato, Iron Gate Capital

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Web Applications, Medical Software

Website

www.abouthealthcare.com

Verticals

Cloud Computing, HealthTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

ABOUT Healthcare, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAcuity Link, LLC-
Add-onCompletedEnsocare, Inc.-
Secondary BuyoutCompletedABOUT Healthcare, Inc.-

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ABOUT Healthcare, Inc. - employee data

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ABOUT Healthcare, Inc. - key contacts

NamePositionStart DateEnd DateVcardBio 
Board MemberBM

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