WellSky Acquires CarePort Health from Allscripts for $1.35B

WellSky Acquires Experience Care

August 23, 2023

Healthcare Services

WellSky, a healthcare technology company based in Overland Park, Kansas, has acquired Experience Care, a provider of EHR and financial software for post-acute and long-term care providers. The deal brings Experience Care’s NetSolutions platform (serving ~150 clients and 850 facilities) into WellSky to expand capabilities in care coordination, analytics, interoperability, and revenue cycle management for long-term care organizations.

WellSky Acquires Corridor from HealthEdge Investment Partners

October 12, 2023

Healthcare Services

WellSky, a health and community care technology company backed by Leonard Green and TPG, has acquired The Corridor Group Holdings (Corridor) from HealthEdge Investment Partners. The acquisition expands WellSky's medical coding and revenue cycle management (RCM) capabilities for the post-acute care market and brings Corridor's tech-enabled coding, clinical documentation review, billing and collections services into WellSky's platform.

TPG Capital and Leonard Green & Partners Invest in WellSky

July 20, 2020

Healthcare Services

WellSky has agreed to a new capital partnership that adds Leonard Green & Partners alongside existing investor TPG Capital, with TPG making a new equity investment and creating a new capital structure for the company. The recapitalization is intended to accelerate WellSky's technology innovation and expansion across the post-acute and community care continuum; terms were not disclosed and the deal was expected to close in Q3 2020.

WellSky to Acquire TapCloud

February 22, 2022

Healthcare Services

WellSky, a PE-backed health and community care technology company, announced it will acquire TapCloud, a virtual patient engagement platform, to strengthen patient-provider communication and integrate patient-generated data into WellSky’s analytics. The acquisition is intended to expand WellSky’s capabilities in value-based care by improving patient visibility, care coordination, and risk prediction; the deal is subject to customary closing conditions.

WellSky Acquires Healthify

July 29, 2021

Healthcare Services

WellSky, a health and community care technology company, announced a definitive agreement to acquire Healthify, a social determinants of health (SDoH) referral and care-coordination platform. The acquisition will integrate Healthify’s interoperable closed‑loop referral technology and community-based organization network into WellSky’s portfolio to expand SDoH and care coordination capabilities; the deal was expected to close in Q3 2021.

WellSky Acquires Consolo Services Group

December 14, 2018

Software

WellSky, a TPG-backed health and community care technology company, has acquired Consolo Services Group, a Lexington, Kentucky–based provider of cloud-based hospice and palliative care software. The deal adds Consolo’s palliative care, adult day care, and memory care capabilities to WellSky’s hospice portfolio and retains Consolo’s headquarters and management leadership in Lexington.