DXC Technology's Healthcare Provider Software Business

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DXC Technology's Healthcare Provider Software Business - overview

Location

-, -, US

Primary Industry

Healthcare IT

About

DXC Technology's Healthcare Provider Software Business specializes in technology-enabled solutions that enhance healthcare delivery and operational efficiency across diverse healthcare systems globally. DXC Technology's Healthcare Provider Software Business offers technology solutions for healthcare providers. The company underwent a significant pivot when its healthcare software division was acquired by Dedalus Italia S. p.


A. in July 2020 for USD 525 mn, completing the transaction in April 2021. It is headquartered in the US and serves clients across North America, Europe, Asia-Pacific, and Latin America. DXC Technology provides a comprehensive suite of technology-enabled solutions primarily aimed at enhancing healthcare delivery and operational efficiency across various healthcare systems.


Their core offerings include cloud and infrastructure services, consulting and engineering, business process outsourcing, analytics, and security solutions. These products are designed to streamline healthcare operations, improve patient care, and enable clinicians to focus on delivering quality outcomes. The company serves a diverse client base that includes payers, providers, and public sector organizations, operating in geographical markets such as North America, Europe, Asia-Pacific, and Latin America. Through partnerships with industry leaders and innovative technologies, DXC aims to address key challenges in the healthcare sector, such as managing costs, ensuring data security, and enhancing patient experiences.


DXC Technology's revenue is generated through various transaction structures, primarily involving subscription-based services and long-term partnerships with clients in the healthcare sector. The company's business model includes direct engagements with healthcare organizations, wherein services are tailored to meet specific operational needs. These engagements often encompass ongoing support for flagship products like DXC Platform X™ and other software solutions aimed at optimizing healthcare delivery. While specific pricing plans for individual services are not disclosed, the revenue streams are supported by multi-year contracts that facilitate predictable cash flows, reflecting the company's commitment to delivering value over extended periods within their client relationships.


Following the acquisition of DXC Technology's Healthcare Provider Software by Dedalus Italia S. p. A. , the latter aims to leverage this acquisition to accelerate its growth strategy.


While specific new products or services post-acquisition have not been detailed, the integration of DXC's technologies is expected to enhance Dedalus's offerings in the healthcare sector. Dedalus will utilize insights from the acquisition to expand its presence in additional markets, focusing on regions where DXC had a strong foothold, such as North America and Europe.


Current Investors

Dedalus Spa

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, IT Infrastructure, Analytics & Performance Software, Content Management Software, Customer Relationship Management, HR & Workforce Software

Website

www.dxc.technology/healthcare

Verticals

Artificial Intelligence, Cloud Computing, HealthTech, IoT (Internet of Things), Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

DXC Technology's Healthcare Provider Software Business - 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)
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DXC Technology's Healthcare Provider Software Business - employee data

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