Qualifacts Systems, Inc.

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Qualifacts Systems, Inc. - overview

Established

2000

Location

Nashville, TN, US

Primary Industry

Healthcare IT

About

Qualifacts Systems, Inc. , based in Nashville, US, develops innovative electronic health record (EHR) solutions tailored for the behavioral health sector, enhancing operational efficiency and patient care delivery. Qualifacts Systems, Inc. specializes in providing electronic health record solutions for the behavioral health sector.


Founded in 2000, the company has undergone strategic changes, including a merger in August 2020 with Credible Behavioral Health, Inc. , both of which were portfolio companies of different investment firms. The company's headquarters is located in Nashville, US. Scott Phillips serves as the CEO, guiding the company's direction and growth initiatives.


Qualifacts is a leading provider of electronic health record (EHR) solutions specifically designed for the behavioral health sector. Their core offerings include AI-powered EHR systems that enhance clinical documentation, streamline workflows, and improve the overall efficiency of healthcare providers. These solutions cater to a diverse clientele, including mental health agencies, addiction treatment providers, and community behavioral health clinics operating across the United States. The company focuses on delivering customizable treatment plans, virtual care features, and robust revenue cycle management tools, ensuring that end-users—such as clinicians, administrators, and clients—can easily navigate patient care processes.


Qualifacts serves over 2,700 agencies nationwide, providing tailored solutions that meet the unique regulatory and operational needs of behavioral healthcare providers. Their products are primarily marketed in the United States, ensuring compliance with local and federal healthcare regulations. Qualifacts generates revenue through a subscription-based model for its electronic health record solutions and related services. Clients enter into contracts that typically include access to the EHR platform, ongoing support, and various additional features such as telehealth capabilities and business intelligence tools.


The company structures its transactions primarily as B2B engagements, partnering with healthcare organizations of all sizes to enhance their operational efficiencies. The pricing framework for these services is designed to accommodate various agency sizes and needs, providing scalable solutions that can expand as client requirements evolve. Clients value the comprehensive nature of Qualifacts' offerings, which include flagship products that optimize clinical documentation and streamline billing processes, thereby maximizing the potential for revenue generation within their practices. Qualifacts Systems, Inc.


plans to continue expanding its product offerings, focusing on the design and launch of new features to enhance EHR functionality for behavioral health providers. The company is also targeting growth in new geographic markets across the United States, aiming to reach additional healthcare providers by the end of 2024. The recent merger in August 2020 is expected to bolster their market position and facilitate investments in technology development. Recent funding will be strategically utilized to support these initiatives, allowing Qualifacts to enhance its competitive edge and expand its reach within the behavioral health sector.


Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Analytics & Performance Software, Application Integration Software, Medical Software

Website

www.qualifacts.com/

Verticals

Cloud Computing, HealthTech

Company Stage

Buyout

Total Amount Raised

Subscriber access only

Qualifacts Systems, 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-onCompletedMethodOne-
Add-on, Trade SaleCompletedOnCall Health Inc.-
Add-onCompletedInSync Healthcare Solutions-
MergerCompletedCredible Behavioral Health, Inc.-
Secondary BuyoutCompletedQualifacts Systems, Inc.-

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Qualifacts Systems, Inc. - employee data

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Qualifacts Systems, Inc. - key contacts

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