Merge Healthcare
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Merge Healthcare - overview
Established
1987
Location
Chicago, IL, US
Primary Industry
Healthcare
About
Merge Healthcare provides medical imaging solutions that enhance workflow efficiency and optimize patient care within healthcare organizations through advanced technology. Merge Healthcare specializes in medical imaging solutions and was founded in 1987 in Chicago, US. Under the leadership of CEO Pleoh Wangsuriyanan, the company has navigated changes to expand its product offerings without any noted acquisitions or mergers. It operates with a focus on hospitals and health systems across the United States and select international markets.
Merge Healthcare specializes in medical imaging solutions that enhance workflows and optimize care within healthcare organizations. The core offerings include a suite of advanced imaging products, such as Merge PACS, Merge VNA, Merge Cardio, and Merge Hemo, designed to streamline imaging processes across various specializations, including radiology and cardiology. These products facilitate efficient data management, allowing healthcare providers to review and analyze patient imaging records seamlessly. Additionally, Merge Healthcare's imaging solutions support cloud-based capabilities, enabling integration with artificial intelligence tools to improve diagnostic accuracy and workflow efficiency.
The target customer base consists of hospitals, health systems, and imaging organizations primarily located in the United States and select international markets, focusing on those seeking to modernize their imaging capabilities and improve patient outcomes. Merge Healthcare generates revenue through a subscription-based model, where clients pay for access to its suite of medical imaging solutions. For the most recent year, the company reported a revenue of USD 348. 40 mn and an EBITDA of USD 45.
70 mn. Transactions typically occur between healthcare providers and Merge Healthcare, with clients engaging in contracts that include various product packages tailored to their specific needs. For example, hospitals may subscribe to the Merge Imaging Suite, which encompasses several integrated solutions for enterprise imaging, enabling them to manage workflows and clinical data more effectively. The structure of these transactions often involves annual or multi-year agreements, providing clients with continuous access to updates and support services.
Additionally, partnerships with healthcare organizations facilitate ongoing collaboration and innovation within the medical imaging space.
Primary Industry
Healthcare
Sub Industries
Diagnostic, Medical & Imaging Laboratories
Website
www.merge.com
Total Amount Raised
Subscriber access only
Merge Healthcare - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Ophthalmic Imaging Systems | - | ||||||||
| Trade Sale | Completed | eTrials Worldwide Inc. | - |
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