This is an important strategic move for us. This acquisition not only strengthens our product offering with The MAX’s supply chain expertise, but also helps to solidify our position in the fast-growing market of healthcare provider intelligence.
Natick, MA (PRWEB) November 10, 2015
Definitive Healthcare, the leading provider of data, intelligence, and analytics on the healthcare provider market, announced that it has acquired US Lifeline, a provider of real-world data and intelligence for the healthcare supply chain . US Lifeline is a unit of Medical Distribution Solutions, Inc. (MDSI).
US Lifeline is the publisher of Major Accounts Exchange (The MAX), an online database of healthcare providers that helps suppliers research integrated delivery networks (IDNs), hospitals, and group purchasing organizations (GPOs). Suppliers rely on The MAX to understand complex relationships within the healthcare marketplace, identify target markets, and increase sales opportunities.
The complementary nature of these products means that the acquisition will benefit the customers of both companies. Definitive’s clients will gain access to The MAX’s authoritative healthcare supply chain data, including IDN and GPO relationships. The MAX’s clients will gain access to Definitive’s high quality data on healthcare providers across the entire continuum of care.
“This is an important strategic move for us,” said Jason Krantz, CEO of Definitive Healthcare. “This acquisition not only strengthens our product offering with The MAX’s supply chain expertise, but also helps to solidify our position in the fast-growing market of healthcare provider intelligence. We look forward to providing our collective client base access to cutting edge analytical tools and the most up-to-date, comprehensive and integrated data on the entire healthcare provider market.”
“We are pleased to become part of the Definitive Healthcare team,” stated John Pritchard, Managing Director at MDSI. “We aligned with Definitive Healthcare because they not only have the highest quality data, but also cover every single aspect of the healthcare market from hospitals and physicians to accountable care organizations and population health initiatives. The breadth and quality of data they provide is truly unmatched in the marketplace. As part of Definitive we will be able to continue to grow and excel in this critical marketplace”.
The deal closed on October 30, 2015 and the companies have already begun to integrate the organizations. Terms of the deal were not disclosed.
About Definitive Healthcare
Definitive Healthcare is the leading provider of data and intelligence on hospitals, physicians and other healthcare providers. Their product suite provides the most comprehensive and highest quality data available anywhere on over 8,100 hospitals and IDNs, 7,300 ambulatory surgery centers, 11,000 imaging centers, 38,000 long-term care facilities, 1,200 ACOs and HIEs, 197,000 physician groups, 1.3 million physicians, and 750 Canadian hospitals. The Company’s data provides clients with the analytics and insight needed to effectively segment and research the healthcare provider market. Definitive Healthcare is backed by Spectrum Equity. For more information or to trial the service, visit http://www.definitivehc.com.