This acquisition, coming on the heels of our acquisition of The MAX, demonstrates our determination to be the number one provider of data in the healthcare market.
Natick, MA (PRWEB) June 29, 2016
Definitive Healthcare announced that it has acquired Billian’s HealthDATA, a provider of data and analytics on U.S. healthcare organizations. The strategic acquisition will expand Definitive’s extensive data on healthcare providers and facilities and will further establish the company as a leading solution in the rapidly growing, multi-billion dollar healthcare data and analytics market. Combined, the companies provide data to over 1,500 clients ranging from the leading integrated delivery networks, hospitals and pharmaceutical companies to growing technology, medical device and staffing firms.
“In the era of information, quality data on healthcare providers and physicians is mission critical to the success of our client base,” said Jason Krantz, CEO of Definitive Healthcare. “Integrating Billian’s data into our product will bring our customers a higher value solution with more facilities, executive contacts, RFPs, technology data, and more. There is no other provider in the market with the breadth and depth of data that we have.”
Billian’s HealthDATA provides intelligence on hospitals and other healthcare facilities, physician groups, accountable care organizations (ACOs), and group purchasing organizations (GPOs). Included in the data are well over a million key decision makers and a million physician contacts. For many years healthcare service providers and suppliers have leveraged Billian’s data to maximize the effectiveness of their sales force as they sell into this highly complex and interrelated market.
The acquisition comes just eight months after Definitive’s acquisition of U.S. Lifeline and its database of healthcare providers, The MAX. Through that prior acquisition, Definitive added significant depth to its supply chain data, particularly with IDN and GPO relationships, addressing an important market need. The Billian’s data will be similarly integrated into Definitive’s robust platform, providing customers from both companies with a best of breed solution and the most integrated healthcare facility data available on any platform.
“This acquisition, coming on the heels of our acquisition of The MAX, demonstrates our determination to be the number one provider of data in the healthcare market,” Krantz added. “We will continue to invest in the best people, technology and companies to ensure that we achieve this goal.”
The deal closed on June 22, 2016 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 8,700 hospitals and IDNs, 8,000 ambulatory surgery centers, 11,000 imaging centers, 40,000 long-term care facilities, 23,000 clinics, 1,500 ACOs and HIEs, 187,000 physician groups, 1.4 million physicians, and 900 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.