MediQuality
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MediQuality - overview
Established
2000
Location
Louvain-la-Neuve, -, Belgium
Primary Industry
Healthcare IT
About
MediQuality offers digital health solutions that enhance patient care and streamline healthcare operations through a platform designed for medical professionals, enabling efficient access to critical health information and telehealth services. Founded in 2000 in Louvain-la-Neuve, Belgium, MediQuality provides digital health solutions focused on improving patient care. In August 2018, MediQuality was acquired by WebMD, LLC, which is part of Internet Brands, KKR, and Temasek Holdings. The founder, Marc Moreau, has been instrumental in the company's vision and direction.
MediQuality specializes in a comprehensive suite of digital health solutions aimed at enhancing patient care and streamlining healthcare operations. Their offerings include a robust platform for medical professionals that improves access to critical health information and telehealth services for remote consultations. The company serves healthcare institutions, medical practitioners, and patients in North America, Europe, and select regions in Asia, addressing the challenges of patient engagement and operational inefficiencies in healthcare. In the most recent year, 2017, MediQuality generated revenue of USD 3.
73 mn and reported an EBITDA of USD -209,390. 3 for the year 2023. The company operates on a subscription-based model for healthcare providers and institutions using their platform and telehealth services, enabling streamlined patient interactions and data sharing. MediQuality's future growth strategy involves the development of new products designed to enhance healthcare delivery, although specific release dates are not disclosed.
The company is also targeting expansion into new markets, including Europe and Asia, by 2024. Recent funding from the acquisition in August 2018 will be utilized to support these initiatives and strengthen their market position.
Current Investors
MH Sub I, LLC, WebMD, LLC
Primary Industry
Healthcare IT
Sub Industries
Epidemiology, Healthcare IT
Website
www.mediquality.net
Verticals
HealthTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
MediQuality - financials
| Fiscal Year Ended | Mar 31, 2010 | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | 1,426,244 | 2,143,598 | 1,670,657 | 2,458,690 | 3,399,087 | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | 50.3% | (22.1%) | 47.2% | 38.2% | - | - | - | - | - | - | - |
| EBITDA (USD) | 114,703 | 114,078 | 133,335 | 343,902 | 360,988 | 170,861 | 239,973 | 154,834 | 150,541 | 378,081 | 151,881 | 43,643 | - | - | - |
| Operating Income (USD) | 21,339 | 19,625 | (107,507) | 129,161 | 103,555 | 46,040 | 92,514 | 53,271 | 74,415 | 256,976 | (129,828) | (181,380) | - | - | - |
| Operating Margin | - | - | - | 9.1% | 4.8% | 2.8% | 3.8% | 1.6% | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | 24.1% | 16.8% | 10.2% | 9.8% | 4.6% | - | - | - | - | - | - | - |
| NET Income (USD) | 24,243 | 23,372 | (108,366) | 125,096 | 103,440 | 41,614 | 84,029 | 41,586 | 61,809 | 171,783 | 36,395 | (208,198) | - | - | - |
| % Net Margin | - | - | - | 8.8% | 4.8% | 2.5% | 3.4% | 1.2% | - | - | - | - | - | - | - |
MediQuality - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | MediQuality | - |
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MediQuality - employee data
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