Canvas Medical, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Canvas Medical, Inc. is a technology company that provides electronic medical records (EMR) and payment solutions to the healthcare industry. With a primary focus on providing streamlined and efficient tools to healthcare practitioners, Canvas Medical has positioned itself as a leader in enhancing patient care, practice management, and financial processes within the healthcare industry. Product/Service Line Breakdown: Electronic Medical Records (EMR) System: Canvas Medical's flagship product is its comprehensive EMR system, tailored to modern medical practices. This cloud-based platform allows healthcare providers to store and manage patient medical records digitally, enhancing accessibility, accuracy, and security. The EMR system features customizable templates, structured data input, and seamless integration with other practice management tools. Practice Management Integration: Canvas Medical's technology seamlessly integrates electronic medical records with practice management functions. This integration facilitates efficient appointment scheduling, billing, insurance claims processing, and patient communication. The unified platform streamlines administrative tasks, reduces errors, and improves overall practice efficiency. Patient Engagement Solutions: Recognizing the importance of patient engagement, Canvas Medical offers tools that empower patients to take an active role in their healthcare. Through patient portals and communication features, patients can access their medical information, schedule appointments, receive reminders, and securely communicate with their healthcare providers. Telehealth and Virtual Care: In response to the growing demand for virtual healthcare services, Canvas Medical provides telehealth solutions. This platform enables healthcare practitioners to conduct remote consultations with patients, leveraging secure video conferencing and communication tools. The telehealth feature expands access to care, particularly in underserved or remote areas. Secure Payments Processing: A standout feature of Canvas Medical's offerings is its secure payments processing system. Integrated within the platform, this solution allows medical practices to efficiently manage patient billing, insurance claims, and payments. The system adheres to stringent security standards, ensuring the protection of sensitive financial data. Data Analytics and Reporting: Canvas Medical's platform includes robust data analytics and reporting tools. Healthcare practitioners can gain insights into patient demographics, clinical outcomes, and financial performance. These analytics enable informed decision-making and support strategic planning for practice growth. Customization and Training: Understanding the diversity of medical practices, Canvas Medical offers customization options to align its solutions with individual workflows. The company also provides training and support, ensuring that healthcare professionals can fully leverage the capabilities of their platform.
Keywords
Keywords
Classified
Private