Canvas Medical, Inc.

San Francisco, California

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

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

Target

BrightHealth Technologies

Seller

Early Investors Consortium

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