WellSky Acquires Experience Care

WellSky Acquires CarePort Health from Allscripts for $1.35B

October 13, 2020

Healthcare Services

WellSky, a health and community care technology company backed by TPG Capital and Leonard Green & Partners, agreed to acquire CarePort Health from Allscripts for $1.35 billion. The divestiture, expected to close before the end of 2020 subject to regulatory approvals, transfers CarePort’s client base and ~200 associates to WellSky and expands WellSky’s care coordination and post-acute capabilities.

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 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.

EXA Capital Acquires PrecisionCare

February 24, 2025

Healthcare Services

EXA Capital has acquired PrecisionCare, a New York–founded SaaS provider of electronic health records and care management solutions serving behavioral health and long-term care providers. PrecisionCare’s management will remain in place as EXA leverages its buy-and-hold strategy and operational resources to accelerate product development, scale market reach, and expand capabilities in healthcare technology.

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.