Clinigence Holdings Acquires ProCare Health, Inc.
May 21, 2021
Clinigence Holdings, Inc. signed a binding LOI in May 2021 and completed the acquisition of ProCare Health, Inc., a Garden Grove, California-based MSO, later in 2021. Under the agreement Clinigence issued newly issued common shares to ProCare equity holders and included an earnout tied to future MSO contracts; the deal brings ProCare’s claims administration and MSO capabilities onto Clinigence’s population-health platform.
- Buyers
- Clinigence Holdings, Inc.
- Targets
- ProCare Health, Inc.
- Sellers
- Anh Nguyen, Tram Nguyen
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Buyout
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