OptimizeRx Acquires Medicx Health for $95 million
October 12, 2023
OptimizeRx Corp. (Nasdaq: OPRX) has signed an agreement to acquire Scottsdale-based Medicx Health (Healthy Offers, Inc.) for $95 million, with certain Medicx managers rolling about $10.5 million into OptimizeRx stock. The acquisition will expand OptimizeRx's omnichannel reach by adding Medicx's patient-focused Micro-Neighborhood Targeting platform and analytics, and is expected to be immediately accretive and to increase consolidated revenue run-rate toward $100 million.
- Buyers
- OptimizeRx Corp.
- Targets
- Medicx Health (Healthy Offers, Inc., dba Medicx Health)
- Industry
- Marketing & Advertising
- Location
- Arizona, United States
- Transaction Type
- Buyout
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